During Tuesday’s current trade, Shares of Pfizer Inc. (NYSE:PFE), gained 0.08%, and is now trading at $35.04.
Today Pfizer Inc., declared that XALKORI® (crizotinib) received Breakthrough Therapy designation by the U.S. Food and Drug Administration (FDA) for the potential treatment of patients with ROS1-positive non-small cell lung cancer (NSCLC). Occurring in about one percent of NSCLC cases, ROS1-positive NSCLC represents a particular molecular subgroup of NSCLC. XALKORI presently is approved in the U.S. for the treatment of patients with metastatic NSCLC whose tumors are anaplastic lymphoma kinase (ALK)-positive as detected by an FDA-approved test.
Enacted as part of the 2012 FDA Safety and Innovation Act (FDASIA), Breakthrough Therapy designation is intended to expedite the development and review of a potential new medicine if it is “intended to treat a serious or life-threatening disease and preliminary clinical evidence indicates that the drug may demonstrate substantial improvement over existing therapies.” The Breakthrough Therapy designation is distinct from the FDA’s other mechanisms to expedite drug development and review.
Pfizer will work closely with the FDA on the development of XALKORI for ROS1-positive NSCLC and provide the information needed to support a potential regulatory submission.
Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.
During an afternoon trade, Shares of Intel Corporation (NASDAQ:INTC), dropped -1.22%, and is now trading at $32.33.
Wind River, a wholly owned partner of Intel Corporation (INTC), has introduced Automotive Profile for VxWorks, AUTOSAR-compliant software to assist customers develop ISO 26262 certifiable automotive safety-critical applications such as advanced driver assist systems (ADAS) to piloted and autonomous driving.
In the age of the Internet of Things (IoT), automotive software and systems are becoming more complex and connectivity is predictable to be ubiquitous. As software-driven applications become more prevalent in vehicles, keeping automotive systems secure and tamper-proof is important for vehicle and occupant safety. For example, through partitioning, companies can consolidate multiple vehicle controls with different levels of safety criticality onto a single hardware platform while maintaining their time- and space-based separation and isolation. This introduces the potential for reductions in cost and weight in vehicles, and may assist mitigate risk of attack or interference to other software components all without compromising vehicle safety or functional performance.
Automotive Profile for VxWorks enriches the latest version of VxWorks® real-time operating system (RTOS) to assist address the growing needs for safe, secure, and certifiable software-driven ADAS and autonomous driving applications.
Key features comprise the following:
- Safety partitioning capabilities that can assist customers build products that are ISO 26262-certifiable up to ASIL D consolidation of multiple applications with different levels of safety criticality onto a single hardware platform.
- Security capabilities for the connected car, such as secure boot to assist mitigate the risk of tampering or execution of unauthorized code and access and malicious attacks.
- Streamlined AUTOSAR integration to support standardized connectivity and functional interfaces, enabling simpler and faster interoperability and integration.
- Support for consolidation of a large number of software-driven functions on a smaller number of more powerful electronic control units (ECUs) to assist lower costs, space, weight, and power consumption.
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.
Shares of Under Armour, Inc. (NYSE:UA), during its Tuesday’s current trading session lost -4.33%, and is now trading at $83.96.
Under Armour, declared financial results for the first quarter ended March 31, 2015. Net revenues raised 25% in the first quarter of 2015 to $805 million contrast with net revenues of $642 million in the preceding year’s period. On a currency neutral basis, net revenues raised 27% contrast with the preceding year’s period. Net income reduced 13% in the first quarter of 2015 to $12 million contrast with $14 million in the preceding year’s period, inclusive of costs related to the formerly declared acquisitions of Endomondo and MyFitnessPal during the first quarter. Diluted earnings per share for the first quarter of 2015 were $0.05 contrast with $0.06 per share in the preceding year’s period.
First quarter apparel net revenues raised 21% to $555 million contrast with $459 million in the same period of the preceding year, driven primarily by new product introductions in baselayer and training. First quarter footwear net revenues raised 41% to $161 million from $114 million in the preceding year’s period, highlighted by expanded SpeedForm running offerings in addition to the introduction of the Curry One basketball shoe. First quarter accessories net revenues raised 23% to $63 million from $52 million in the preceding year’s period. Direct-to-Consumer net revenues, which represented 25% of total net revenues for the first quarter, grew 21% year-over-year. International net revenues, which represented 12% of total net revenues for the first quarter, grew 74% year-over-year.
Under Armour, Inc., together with its auxiliaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America.
Finally, Banco Santander, S.A. (NYSE:SAN), lost -0.28% Tuesday.
Today Banco Santander’s Board of Directors declared a dividend on SHUSA’s Preferred Stock. A dividend payment of $0.45625 per depositary share is payable on May 15, 2015 to holders of record on May 1, 2015 for SHUSA’s Series C Non-Cumulative Perpetual Preferred Stock (NYSE:SOVPRC).
Banco Santander, S.A. provides various banking products and services for individuals and companies. The company offers various deposit products, such as demand and time deposits; mortgages, auto finance, and personal credits; consumer finance; and mobile banking and electronic banking services.
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