During Monday’s Current trade, Shares of Depomed Inc (NASDAQ:DEPO), gain 0.21% to $32.51.
Depomed Inc (DEPO) declared it has reached a settlement agreement in its ongoing patent litigation related to an Abbreviated New Drug Application (ANDA) seeking approval to market a generic version of Depomed’s Zipsor® (diclofenac liquid filled capsules) 25mg tablets. The settlement permits defendant Watson Laboratories Inc. to start selling generic Zipsor on March 24, 2022, or earlier under certain circumstances. The settlement concludes all ongoing ANDA litigation related to Zipsor.
The settlement agreement is subject to review by the U.S. Department of Justice and the Federal Trade Commission, and entry of an order dismissing the litigation by the U.S. District Court for the District of New Jersey.
Depomed, Inc., a specialty pharmaceutical company, develops products for pain and other central nervous system conditions in the United States. It offers Gralise (gabapentin), an once-daily product for the administration of postherpetic neuralgia; CAMBIA (diclofenac potassium for oral solution), a non-steroidal anti-inflammatory drug indicated for acute treatment of migraine attacks in adults; Zipsor (diclofenac potassium) liquid filled capsule, a non-steroidal anti-inflammatory drug for the treatment of mild to moderate acute pain in adults; and Lazanda (fentanyl) nasal spray, an intranasal fentanyl drug used to manage breakthrough pain in adults.
Shares of Nuance Communications Inc. (NASDAQ:NUAN), declined -0.06% to $18.01, during its current trading session.
Nuance Communications, Inc. (NUAN) declared that the Australian Taxation Office (ATO) has accomplished its two-phased deployment of Nuance’s voice biometrics solutions in its call center in an effort to build stronger customer relationships with taxpayers and enhance authentication by replacing intrusive security questioning. With the introduction of its voice biometrics systems, ATO becomes the first organization in Australia to deploy voice biometrics in this manner.
The ATO receives about nine million calls per year from the community, with around 75 percent of these calls requiring an ATO agent to verify the caller’s identity. In addition, the ATO anticipates to receive more than half (4.3) million of these calls within its three-month peak tax period between July and October 2015. Preceding to voice biometrics, when a customer called to conduct a transaction with the ATO, the authentication process involved several steps, putting pressure not only on customers to provide personal details or have the correct documentation in front of them, but also on the ATO’s call center agents, who collectively spent about 75,000 hours each year just trying to verify customers over the phone.
Nuance Communications, Inc. provides voice and language solutions for businesses and consumers worldwide. It offers hosted and on-premise solutions and services that provide platforms to generate and distribute clinical documentation through the use of dictation and transcription features; clinical documentation improvement programs; and speech recognition solutions for radiology, cardiology, pathology, and related specialties enabling healthcare providers to dictate, edit, and sign reports without manual transcription.
LogMeIn Inc (NASDAQ:LOGM), during its Monday’s current trading session decreased -0.33% to $71.97.
LogMeIn Inc. (LOGM), the company behind Xively, an award-winning Internet of Things (IoT) platform and application solution, has created a new IoT advisory board to assist inform, shape and accelerate future IoT innovation for LogMeIn, its IoT customers and the market, at large. Founding members comprise key executives and visionaries from tech industry leaders like HP and Cisco, leading academic institutions like MIT, and businesses that have pioneered IoT innovations in their markets. Sanjay Sarma, co-founder of The Auto-ID Center at MIT, has been named as the inaugural chairman of the advisory board.
The Xively IoT Advisory Board will meet regularly, counting as part of the LogMeIn’s Xperience 2015 in October, a conference dedicated to learning, talk aboution, and practical tactics around creating and executing IOT strategies.
ogMeIn, Inc. provides cloud-based services for individuals and businesses to securely connect to their workplace, colleagues, and customers. It offers services, such as join.me, join.me pro, and join.me enterprise that are browser-based online meetings and screen sharing services; Cubby Basic, Cubby Pro, and Cubby Enterprise that are cloud-based file syncing, storage, and sharing services; and LogMeIn Pro, a remote access service.
Finally, HCA Holdings Inc (NYSE:HCA), decreased -0.90%, to $91.99.
HCA Holdings, Inc. (HCA) declares the HCA 2Q 2015 Earnings Release Call on Wednesday, August 5, 2015 at 9:00 am central (10:00 am eastern).
HCA Holdings, Inc., through its auxiliaries, provides health care services in the United States. It operates general, acute care hospitals that offer medical and surgical services, counting inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy services.
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