Health Care Stocks Mainly Higher in Early Trade

Health Care Stocks Mainly Higher in Early Trade

Health-care shares were mainly higher in early trade on Friday. In health-care stocks news, Novartis AG (NVS) American depository shares were slightly higher in early trade after the company said the European Medicines Agency’s Committee for Medicinal Products for Human Use has recommended that the European Commission approve two different drugs. American depository receipts (ADRs) of Novartis were 0.7% higher at $71.55 in early trade. The ADRs have traded between […]

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Recro Pharma Closes $40 Million Public Offering of Common Stock

Recro Pharma Closes $40 Million Public Offering of Common Stock

Recro Pharma, a revenue-generating pharmaceutical company, closed the previously announced public offering of 6.7 million shares of its common stock at the public offering price of $6.00 per share. The net proceeds to Recro from this offering were $36.9 million. Recro plans to use the net proceeds to fund the New Drug Application filing and regulatory approval process and preparatory commercial activities for IV meloxicam, its planned IV meloxicam Phase […]

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New Passenger Car Registrations Rise for Ford, Fiat in November

New Passenger Car Registrations Rise for Ford, Fiat in November

The European Automobile Manufacturers Association Thursday reported that for November, the European Union passenger car market managed to rebound following the slowdown observed in October, with increases seen for brands Ford (F), Toyota (TM), and FCA Group (FCAU) and declines at General Motors’ (GM) Opel and Honda (HMC). According to the report, new registrations grew 5.8% to 1,148,618 units, boosted by all major markets, with Spain, France, and Italy posting […]

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