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Sarissa's Denner quits Biogen board as firm seeks seats at Alkermes

NEW YORK (Reuters) -Activist investor Sarissa Capital may have cleared a stumbling block in its push for board seats at Alkermes when one of its candidates resigned from the board of a company that has a commercial relationship with the drugmaker. The hedge fund's founder, Alex Denner, 53, one of three Sarissa candidates running for seats on Alkermes' 11-member board, on Monday said he would give up his board seat at biotech company Biogen.
Alex Denner Svea Herbst Bayliss Sarissa Capital Elliott Management Bill Berkrot
Source: yahoo.com

Mirvetuximab soravtansine data 'practice changing' for subset of women with ovarian cancer

CHICAGO — Mirvetuximab soravtansine-gynx extended survival of women with platinum-resistant ovarian cancer and high folate receptor-alpha expression, according to a study that compared the agent with investigator’s choice of chemotherapy.The antibody and microtubule inhibitor conjugate is the first novel therapy to show a survival benefit in a randomized phase 3 study among this
United States Kathleenn Moore Bydevin Mclaughlin Daiichi Sankyo Eli Lilly Maurie Markman Iovance Biotherapeutics
Source: healio.com

Alkermes (NASDAQ:ALKS) Price Target Raised to $40.00 at Mizuho

Alkermes (NASDAQ:ALKS – Get Rating) had its price objective hoisted by Mizuho from $36.00 to $40.00 in a research report released on Wednesday, The Fly reports. ALKS has been the subject of a number of other research reports. Stifel Nicolaus boosted their price target on shares of Alkermes to $30.00 in a research note on […]
Stifel Nicolaus Nancy Wysenski Christian Todd Nichols Alkermes Company Profile Wealth Advisors Inc Securities Exchange Commission
Source: wkrb13.com

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