JPMorgan Upgrades United Therapeutics Corp. (UTHR) to Overweight
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United Therapeutics (UTHR) Announces Defeat of Preliminary Injunction Motion in Litigation with Sandoz And RareGen
February 4, 2020 5:02 PM ESTUnited Therapeutics Corporation (NASDAQ: UTHR) announced that on January 29, 2020, the United States District Court for the District of New Jersey issued a decision in favor of United Therapeutics and Smiths Medical ASD, Inc. denying the request for preliminary injunction sought by Sandoz Inc. and RareGen, LLC in pending antitrust litigation. According to the Court, "[Sandoz and RareGen] have not met their burden of demonstrating a reasonable probability of eventual success in the litigation." The unsealed opinion was just released by the Court.
By way of background, United Therapeutics and Smiths Medical... More
United Therapeutics (UTHR) Reports Study of Unituxin (dinutuximab) for Small Cell Lung Cancer Did Not Meet Primary Endpoint
February 3, 2020 6:06 AM ESTUnited Therapeutics Corporation (NASDAQ: UTHR) today announced topline results from the phase 2/3 DISTINCT clinical study evaluating Unituxin® (dinutuximab) Injection added to irinotecan compared to irinotecan or topotecan alone in patients with relapsed or refractory small cell lung cancer (SCLC). The DISTINCT trial did not meet its primary efficacy objective of extending the overall survival with Unituxin and irinotecan versus using irinotecan alone. The safety profile of dinutuximab in DISTINCT was consistent with prior studies and the current Unituxin product label.
Full data from the DISTINCT study will be made available through... More
