Eli Lilly's (LLY) CYRAMZA Approved for Use with FOLFIRI in 2nd Treatment of Metastatic Colorectal Cancer Apr 24, 2015 04:31PM

Eli Lilly and Company (NYSE: LLY) has received its fourth U.S. Food and Drug Administration (FDA) approval for CYRAMZA® (ramucirumab). CYRAMZA (ramucirumab injection 10 mg/mL solution) is now also indicated in combination with FOLFIRI (irinotecan, folinic acid, and 5-fluorouracil) chemotherapy for the treatment of patients with metastatic colorectal cancer (mCRC) with disease progression on or after prior therapy with bevacizumab, oxaliplatin, and a... (continue reading...)

Akorn (AKRX) Names Terry Rappuhn to Board Apr 24, 2015 04:15PM

Akorn, Inc. (Nasdaq: AKRX) today announced the appointment of Terry Allison Rappuhn to its Board of Directors and the Board's Audit Committee, effective immediately. In her accomplished career spanning over three decades working with and for public corporations, Ms. Rappuhn has helped rapidly growing companies build infrastructure, processes and teams during periods of transition.

"Terry is a terrific addition to our Board of Directors, and we are extremely pleased to... (continue reading...)

ACE Limited (ACE) Chief Auditor to Retire Apr 24, 2015 04:02PM

ACE Limited (NYSE: ACE) announced that Julie Schaekel, Chief Auditor since 2005, will retire from the company effective June 1, 2015. Dimitry DiRienzo, who currently serves as Senior Vice President and Controller for the company’s international life insurance operations, has been named her successor and will report to Philip V. Bancroft, Chief Financial Officer of ACE Limited, and the audit committee of the ACE Limited Board of Directors.

“Julie first joined ACE 17... (continue reading...)

Infosys Limited (INFY) to Acquire Kallidus in $120M Deal Apr 24, 2015 11:19AM

Infosys Limited (NYSE: INFY) announced a definitive agreement to acquire Kallidus Inc. (d.b.a Skava) and its affiliate, a leading provider of digital experience solutions, including mobile commerce and in-store shopping experiences to large retail clients. This acquisition was an all-cash deal, with an aggregate purchase consideration of $120 million including retention bonus and a deferred component.

Recognizing the power of unique mobile experiences for retail... (continue reading...)

Mylan (MYL) to Begin Cash, Stock Tender of Perrigo (PRGO) Apr 24, 2015 09:48AM

Mylan N.V. (Nasdaq: MYL) issued a Rule 2.4 announcement under the Irish Takeover Rules stating that it had made a non-binding proposal to acquire Perrigo (NYSE: PRGO) for US$205 in a combination of cash and Mylan stock for each Perrigo share. The Rule 2.4 announcement followed the delivery of that proposal to Perrigo's Chairman on 6 April 2015.

Mylan today issued a Rule 2.5 announcement setting forth its legally-binding commitment to commence an offer for the entire... (continue reading...)

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