Legal Actions, Quarterly Dividends, Collaborations, and New Appointments - Research Report on Johnson & Johnson, Zoetis, Abbott, Teva Pharmaceuticals, and Baxter
NEW YORK, September 19, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Johnson & Johnson (NYSE: JNJ), Zoetis Inc. (NYSE: ZTS), Abbott Laboratories (NYSE: ABT), Teva Pharmaceutical Industries Ltd. (NYSE: TEVA), and Baxter International Inc. (NYSE: BAX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Johnson & Johnson Research Report
On September 12, 2013, Bloomberg reported that Johnson & Johnson (J&J) sued a unit of Boehringer Ingelheim Gmbh (Boehringer) over whether a dispute about an agreement to produce the cancer drug Doxil must be submitted to arbitration or not. The report stated that lawyers for New Brunswick, New Jersey-based J&J contend that executives of Boeringher's U.S. unit violated a 2009 agreement to produce Doxil and left J&J struggling to meet the demand. According to the release, J&J's Alza Corp. unit had hired Boehringer as its "sole-source manufacturer" of Doxil in 1995; however the production halted in 2011 when a Boehringer plant in Ohio was found to have quality issues by the U.S. FDA. As per the Bloomberg report, J&J officials are asking Delaware Chancery Judge Leo Strine to order Boehringer to honor its agreement to submit disputes over Doxil production to an arbitrator. The Full Research Report on Johnson & Johnson - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/07a8_JNJ]
Zoetis Inc. Research Report
On September 12, 2013, Zoetis Inc.' (Zoetis) Board of Directors declared its Q4 2013 dividend of c.$0.07 per share payable to holders of the Company's common stock. As per Zoetis, stockholders of record on November 1, 2013 will be paid the dividends on December 2, 2013. The Full Research Report on Zoetis Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7e25_ZTS]
Abbott Laboratories Research Report
On September 12, 2013, Abbot Laboratories' (Abbott) Board of Directors declared a quarterly common dividend of $0.14 per share. As per Abott, the cash dividend will be payable on November 15, 2013 to shareholders of record at the close of business on October 15, 2013. Further, Abott stated this marks the 359th consecutive quarterly dividend to be paid by the Company since 1924. The Full Research Report on Abbott Laboratories - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/05c1_ABT]
Teva Pharmaceutical Industries Ltd. Research Report
On September 16, 2013, Teva Pharmaceutical Industries Ltd (Teva Pharmaceuticals) announced a multi-project alliance agreement with Cancer Research Technology Ltd. (CRT) which is Cancer Research UK's technology development arm. According to the Company, the alliance has been formed to research and develop first-in-class cancer drugs that modulate DNA damage and repair response (DDR) processes in cancer cells. Commenting on the partnership, Dr. Michael Hayden, President, Teva Global R&D and Chief Scientific Officer, stated, "For cancer patients, it is important that we maintain the momentum of progress that has been made in oncology in recent years. Cancer Research UK, CRT, and their outstanding academic partners, are a driving force in the improved understanding of cancer and its treatment. This research collaboration will build on our understanding of how cells repair DNA damage, help us identify possible points of therapeutic intervention, and lead us onto a pathway toward improve clinical outcomes for cancer patients." The Full Research Report on Teva Pharmaceutical Industries Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/e3a3_TEVA]
Baxter International Inc. Research Report
On September 9, 2013, Baxter International Inc. (Baxter) announced the election of Todd S. Young by its Board of Directors as the Treasurer and Corporate Officer of the Company. Baxter informed that Young succeeds James K. Saccaro and will report to Baxter's CFO, Robert Hombach. According to the Company, Young joined Baxter in 2001 as corporate tax counsel, and over the years assumed positions of increasing responsibility, and prior to joining the new role, he served as Vice President, International Finance for the Company. The Full Research Report on Baxter International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/163d_BAX]
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