Stifel Downgrades Auspex Pharmaceuticals (ASPX) to Hold

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Teva Reinforces Leadership Position in CNS with Acquisition of Auspex

March 30, 2015 7:00 AM EDT

Expected to strengthen Teva's core CNS franchise, establish Tevas leadership in underserved movement disorders space, provide compelling new treatment options for patients in need, and enhance Tevas long-term revenue and earnings growth

All-Cash Transaction with Enterprise Value of $3.2 Billion

JERUSALEM & LA JOLLA, Calif.--(BUSINESS WIRE)-- Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) and Auspex Pharmaceuticals, Inc. (Nasdaq: ASPX), today announced that they have entered into a definitive merger agreement under which Teva will commence a tender offer for... More