Two of its molecules had negative results in clinical trials, including one licenced to Forest Laboratories.
Most analysts think investors should stand pat on Forest Laboratories, with 13 of 22 analysts rating it hold.
Most analysts think investors should stand pat on Forest Laboratories, with 13 of 23 analysts rating it hold.
Forest Laboratories (nyse: FRX - news - people ) has U.S. rights to the drug.
To make matters worse, though, he had taken money from Forest Laboratories but did not disclose this fact.
The majority of analysts think investors should stand pat on Forest Laboratories, with 10 of 18 analysts rating it hold.
Takeda, another Japanese firm, also has a cholinesterase inhibitor on trial, as do Bayer, of Germany, and Forest Laboratories, an American firm.
Another big winner has been Forest Laboratories, up 60% this year.
According to Anderson's estimates, Pfizer will lose 41% of its sales between 2010 and 2012, more than any drug maker he covers except for much smaller Forest Laboratories.
The new drug, from Ironwood Pharmaceuticals, and to be marketed in the US by Forest Laboratories, is a capsule to be take once daily on an empty stomach.
FORBES: FDA Approves New Drug For Irritable Bowel Disorder (Update)
In 2008, Phenomix scrapped plans to go public, and signed a deal with Forest Laboratories to jointly develop and sell its oral diabetes drug, already in late stage clinical trials.
On Sept. 15 Forest Laboratories pled guilty to a criminal charge that it illegally promoted its antidepressant Celexa (no. 14) in kids when it was not approved for such use.
The market for antidepressants is crowded, with entrants from Pfizer (nyse: PFE - news - people ) and Forest Laboratories (nyse: FRX - news - people ) taking up space.
According to Anderson's estimates, Pfizer will lose 41% of its sales between 2010 and 2012, more than any drug maker he covers except for much smaller Forest Laboratories (nyse: FRX - news - people ).
Among the largest underlying components of FXH, in trading today Lincare Holdings Inc. ( NASD: LNCR) is trading flat, Watson Pharmaceuticals, Inc. ( NYSE: WPI) is up about 0.3%, and Forest Laboratories, Inc. ( NYSE: FRX) is higher by about 0.7%.
Invoking this provision, the feds in June informed CEO, president and chairman of Forest Laboratories Howard Solomon that they intend to exclude him from business interactions with the federal government, in spite of the absence of any charge of misconduct against him personally.
In its wake, similar drugs hit the market from Pfizer (nyse: PFE - news - people ), GlaxoSmithKline (nyse: GSK - news - people ) and Forest Laboratories (nyse: FRX - news - people ).
应用推荐