On Friday, Shares of The Medicines Company (NASDAQ:MDCO), lost -0.73% to $32.73.
Medicines Company, declared a contract with Sandoz Inc. for the distribution of an authorized generic of ANGIOMAX (bivalirudin) for injection in the United States.
“Bivalirudin has become a foundation anti-thrombin for patients undergoing PCI under The Medicines Company’s fifteen-year leadership in the cath lab,” said Glenn Sblendorio, President and Chief Financial Officer, The Medicines Company. “This agreement with Sandoz, itself a leader in the generics market, assists to ensure that bivalirudin remains a high quality product in this market. With the imminent launch of KENGREAL (cangrelor), our intravenous P2Y12 inhibitor, we look forward to advancing patient care in the cath lab for years to come.”
The Medicines Company provides medicines for patients in acute and intensive care hospitals worldwide. The company markets Angiomax, an intravenous direct thrombin inhibitor used as an anticoagulant in combination with aspirin in patients with unstable angina undergoing percutaneous transluminal coronary angioplasty, and for use in patients undergoing percutaneous coronary intervention; Cleviprex, an intravenous small molecule calcium channel blocker for blood pressure reduction; Minocin IV, an antibiotic for the treatment of infections due to gram-negative bacteria; Orbactiv for the treatment of acute bacterial skin and skin structure infections; PreveLeak, a mechanical vascular and surgical sealant; ready-to-use formulation of Argatroban for the treatment of thrombosis; and Recothrom, a human recombinant thrombin used as an aid to hemostasis, in addition to acute care generic products for acute cardiovascular, surgery and perioperative care, and serious infectious diseases.
Shares of Digital Turbine Inc (NASDAQ:APPS), inclined 14.29% to $2.96, during its last trading session.
Digital Turbine, declared that it estimates first quarter fiscal 2016 revenue for the quarter ended June 30, 2015 to be in the range of $18.6 to $18.7 million, at the upper end of its $17-19 million outlook range for the quarter. On a pro-forma basis, as if Appia had been owned for the entire fourth quarter of fiscal 2015, total revenue raised 15-16% contrast to fourth quarter fiscal 2015 revenue of $16.1 million, driven primarily by about 230% growth in revenue attributable to DT Ignite™ and DT IQ™ to $3.2 million from pro forma revenue of about $968,000 for fourth quarter fiscal 2015. At June 30, 2015, cash, cash equivalents and restricted cash was about $6.3 million, reflecting strong collections and administration of working capital; there were no additional borrowings on the Company’s credit facility during the quarter.
“Our preliminary first quarter results demonstrate accelerating sequential revenue growth driven by DT Media’s advertising revenue ramp,” commented Bill Stone, Chief Executive Officer. “As we predictable, we saw the quarter ramp from month-to-month, culminating in $4 million in revenue in the second half of June, with continued strength in our Advertising business related to carriers and OEMs. In particular, not taking into account the positive impact of professional services, DT Media revenue in the second half of June was about 120% higher than the first half of April even given April’s pent-up demand for new high profile device launches.”
Digital Turbine, Inc., through its auxiliaries, provides mobile content solutions for mobile operators, app advertisers, device OEMs, and other third parties worldwide. It operates through two segments, Advertising and Content.
At the end of Friday’s trade, Shares of American Homes 4 Rent (NYSE:AMH), gained 0.49% to $16.35.
American Homes 4 Rent, that the Company will release its second quarter 2015 financial and operating results on Thursday, August 6, 2015, after the market closes. The Company will host a conference call on Friday, August 7, 2015, at 11:00 a.m. Eastern Time to review second quarter results, talk about recent events and conduct a question-and-answer period.
American Homes 4 Rent is a real estate investment trust. The firm engages in the acquisition, renovation, leasing, and operating single-family home rental properties in the United States. American Homes 4 Rent was founded in 2012 and is based in Malibu, California.
Finally, Virgin America Inc (NASDAQ:VA), ended its last trade with 5.79% gain, and closed at $28.69.
Virgin America, stated its preliminary operational results for June 2015. The airline’s traffic (measured in revenue passenger miles) reduced 1.9 percent on capacity (measured in accessible seat miles) that was 1.3% lower from the same month in 2014.
Virgin America Inc. provides planned air travel services. As of December 31, 2014, it offered services to 21 airports in the United States and Mexico with a fleet of about 53 Airbus single-aisle aircraft, counting of 10 Airbus A319s and 43 Airbus A320s.
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