On Wednesday, Shares of Incyte Corporation (NASDAQ:INCY), gained 4.64% to $105.91. The stock attained the volume of 2.43 million shares.
Eli Lilly and Company (LLY) and Incyte Corporation (INCY) declared positive topline results of RA-BEAM, the fourth successful Phase 3 study of baricitinib, an investigational medicine for patients with moderately-to-severely active rheumatoid arthritis.
The study met its primary objective of demonstrating superiority contrast to placebo after 12 weeks of treatment based on ACR20 response – a standard clinical measure that represents at least a 20 percent improvement in RA disease activity. Baricitinib was also superior to adalimumab on key secondary objectives of ACR20 response and improvement in DAS28-hsCRP score after 12 weeks of treatment. Following 24 weeks of treatment, baricitinib was superior to placebo in preventing progressive radiographic structural joint damage. These treatment benefits with baricitinib observed at 12 and 24 weeks were maintained through 52 weeks of therapy.
Incyte Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of proprietary therapeutics primarily for oncology.
At the end of Wednesday’s trade, Shares of Darden Restaurants, Inc. (NYSE:DRI), declined -4.00% to $63.76.
Darden Restaurants, Inc. (DRI) declared the appointment of Matt Broad as its Senior Vice President, General Counsel and Corporate Secretary, effective tomorrow, October 13, 2015. In this role, Broad assumes responsibility for all legal affairs, counting corporate governance, labor and employment law, development law, litigation and regulatory compliance. He will report to Darden CEO Gene Lee.
Most recently, Broad served as a consultant with Axiom, a provider of tech-enabled legal services. There he offered legal counsel to companies across various industries counting food & beverage, manufacturing, and healthcare. Proceeding to that, Broad served as Executive Vice President, General Counsel and Chief Compliance Officer for OfficeMax, responsible for legal affairs, corporate compliance and public policy. Before joining OfficeMax in 2004, Broad was Associate General Counsel with Boise Cascade, a publicly traded manufacturer and distributor of forest products and distributor of office supplies.
Darden Restaurants, Inc., through its auxiliaries, owns and operates full-service restaurants in the United States and Canada. As of July 8, 2015, it owned and operated about 1,500 restaurants under the Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie V’s, and Yard House brand names.
Finally, Shares of Adobe Systems Incorporated (NASDAQ:ADBE), ended its last trade with 0.18% gain, and closed at $83.80.
Adobe (ADBE) declared noteworthy new e-sign capabilities in Document Cloud that will make electronically signing documents and contracts easier than ever before. New functionality comprises a visual drag-and-drop Workflow Designer, digital signatures (a more advanced, secure form of e-signatures) and Enterprise Mobility Administration and Signature Capture that makes on-the-go signing a breeze. Adobe also declared expanded partner integrations with Workday, Salesforce and Ariba, making it easier for organizations to quickly add e-signing capabilities to their existing HR, sales, procurement, and legal systems.
“Companies are in the midst of massive digital transformation, with a relentless push to streamline all business processes,” said Bryan Lamkin, senior vice president and general manager, Digital Media, Adobe. “New e-sign capabilities in Adobe Document Cloud, counting digital signatures and breakthrough mobile functionality, will bring a new level of efficiency to core business processes by eliminating the time lag and cumbersome paperwork associated with securing ink signatures.”
Introducing Advanced e-Sign Capabilities
Adoption of electronic signatures is soaring due to the competitive edge they afford businesses of all sizes. Forrester Research “estimates over 754 million documents will be signed electronically in 2017, a 350 percent enhance over the 210 million transactions e-signed in 2014.”1 However, many businesses are required to use digital signatures, a more advanced, secure form of e-signature, and one that is set for EU-wide adoption starting July 2016. As such, digital signature and advanced workflow capabilities now accessible in Document Cloud eSign services deliver enterprise-grade signing to businesses worldwide.
Adobe Systems Incorporated is a diversified software company worldwide. It operates in three segments: Digital Media, Digital Marketing, and Print and Publishing.
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