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$ARNA is qualified to receive payments upon regulatory approval of BELVIQ under the Teva agreement for weight loss or weight management. If BELVIQ is approved in the applicable territory, $ARNA will sell BELVIQ to Teva for a purchase price of 35% of Teva's annual net product sales.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?