Mitigated Patent Risks, Strong Pipeline Bode Well for Merck (MRK) - Cramer

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Merck (MRK) NDA for NOXAFIL Accepted by FDA

April 10, 2013 8:33 AM EDT

Merck (NYSE: MRK) announced that its New Drug Application for an investigational, tablet formulation of the company's antifungal agent, NOXAFIL (posaconazole), has been accepted for review by the U.S. Food and Drug Administration (FDA).

Merck currently markets NOXAFIL Oral Suspension for prophylaxis... More

Jefferies Lifts PT on Pharmaceuticals Stocks (ABBV) (NVS) (SNY) (PFE)

April 10, 2013 8:30 AM EDT

Jefferies boosted its price targets on a host of pharmaceuticals stocks into Q1 earnings season. The firm is positive on the sector and sees valuation as attractive for most stocks.

The firm's top pick in the US is AbbVie, with Novartis being their most preferred name in Europe.... More