Wedbush Reiterates an 'Outperform' on Medivation (MDVN); Raising PT on Early Approval

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Leerink Swann Maintains an 'Outperform' on Medivation (MDVN); Number of Advantages Based on Labeling

September 4, 2012 10:51 AM EDT

Leerink Swann maintains an 'Outperform' on Medivation (NASDAQ: MDVN) price target of $122.00.

Analyst, Howard Liang, said, "Based on our detailed comparison of product labels, we believe that the Xtandi label has a number of advantages over Zytiga (NYSE:... More

Brean Murray Carret & Co. Maintains a 'Buy' on Medivation (MDVN); Adjusting Numbers on Xtandi Approval

September 4, 2012 8:52 AM EDT

Brean Murray Carret & Co. maintains a 'Buy' on Medivation (NASDAQ: MDVN) price target of $125.00 (from $105.00).

Analyst, MDVN's XTANDI (enzalutamide; MDV3100) was approved by the FDA on August 31 for patients with metastic castration-resistant prostate cancer who have previously received docetaxel, but we... More

Jefferies Reiterates a 'Buy' on Medivation (MDVN); Xtandi Approved Early

September 4, 2012 7:17 AM EDT

Jefferies reiterates a 'Buy' on Medivation (NASDAQ: MDVN) price target of $122.00 (from $113.00).

Analyst, Biren Amin, said, "Xtandi (enzalutamide) approval came ~3 months ahead of its November PDUFA date, and a slight positive on ~1 addl qtr of sales. The label was generally in-line... More

Medivation (MDVN) Up ~8% Following Halt for Xtandi Approval

August 31, 2012 4:01 PM EDT

Medivation, Inc. (Nasdaq: MDVN) is now up 7.8 percent on the session after resumption.

Shares were up slightly before being halted for FDA approval of Xtandi for late stage prostate cancer.... More

FDA Approves Medivation (MDVN), Astellas' Xtandi for Late Stage Prostate Cancer

August 31, 2012 1:19 PM EDT

Below is the press release from the FDA on approval for Medivation (Nasdaq: MDVN) and Astellas' Xtandi for late stage prostate cancer:

FDA approves new treatment for a type of late stage prostate cancer

The U.S. Food and Drug Administration today approved Xtandi (enzalutamide) to treat men with late-stage (metastatic) castration-resistant prostate cancer that has spread or recurred, even with medical or surgical therapy to minimize testosterone.

Approved for prostate cancer patients previously treated with docetaxel, another anti-cancer treatment, Xtandi was reviewed under the FDAs priority... More