Acrux Shares Fall Back to Earth on Patent Litigation Woes; FVE Unchanged at AUD 0.23
We retain our AUD 0.23 per share fair value estimate for no-moat Acrux following patent litigation brought against the firm by Valeant Pharmaceuticals, subsidiary of no-moat Bausch Health Companies and owner of antifungal topical treatment Jublia. This is not surprising. In early August, the U.S. Food and Drug Administration accepted for review Acrux's Abbreviated New Drug Application dossier for its generic version of Jublia, and Acrux flagged at the announcement that the patent owner, Valeant,...Acrux is a pharmaceutical company engaged in the development and commercialization of specialty and generic transdermal and topical pharmaceuticals for global markets. Co.'s topical or transdermal pharmaceutical product portfolio can be segregated into two streams - generic pharmaceutical products and specialty pharmaceutical products.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.