Drug Manufacture Most Active: Pfizer Inc. (NYSE:PFE), Merck & Co. (NYSE:MRK), Eli Lilly and Co (NYSE:LLY), Bristol-Myers Squibb (NYSE:BMY)

Posted by on Apr 24, 2014

Pfizer Inc. (NYSE:PFE) announced top-line results from two pivotal phase 3 trials from the oral treatment Psoriasis Trials (OPT) programme, OPT Pivotal #1 (A3921078) and OPT Pivotal #2 (A3921079), evaluating the efficacy and safety of tofacitinib, an oral Janus kinase (JAK) inhibitor, the first in a new class of medicines being investigated for the treatment of moderate-to-severe plaque psoriasis. Pfizer Inc. (NYSE:PFE) stock opened today at $30.90 and is currently trading at $30.47. The stock showed a negative weekly performance of 3.45%.

The U.S. Food and Drug Administration (FDA) have approved Merck & Co., Inc. (NYSE:MRK)’s Ragwitek to treat allergy in adult patients. The medicine is a new approach to treating patients suffering allergic rhinitis caused due to ragweed pollen allergies. The product will be available by April end across pharmacies in the U.S. Merck & Co., Inc. (NYSE:MRK) stock opened at $57.32, in current trading session and currently is at $57.09, by losing -0.71%. The 52 week range of $44.60 – $58.32. Company’s market capitalization is 167.88 billion.

Eli Lilly and Co (NYSE:LLY) first-quarter earnings plunged 53 percent after the expiration of a key patent protecting its top-selling antidepressant cut into the drugmaker’s revenue. Eli Lilly and Co (NYSE:LLY) stock is currently trading at $58.28. The EPS of the stock is 4.31. Company’s market capitalization is 65.26 billion.

Bristol-Myers Squibb (NYSE:BMY) hooked up with South Korea’s Samsung last year when it wanted someone to handle manufacturing overseas for its hot-selling melanoma drug Yervoy. But with more promising biologics in its pipeline, the New York-based drugmaker has decided to deepen its commitment. Bristol-Myers Squibb Co (NYSE:BMY) stock opened the session at $51.03, and now is at $50.89. The 52 week range of the Bristol-Myers Squibb Co (NYSE:BMY) stock remained $39.18 – $57.49 and the day range was $50.75 – $51.03.

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