On Wednesday, Hospira, Inc. (NYSE:HSP)’s shares inclined 0.02% to $89.85.
Hospira recently declared that InflectraTM (infliximab), the first monoclonal antibody (mAb) biosimilar therapy, has been registered in Australia. This registration paves the way for the Federal Government to reduce the cost of some of the most expensive medicines on the Pharmaceutical Benefits Scheme (PBS).
Inflectra has been registered in Australia for the treatment of eight inflammatory conditions: rheumatoid arthritis (RA); psoriatic arthritis; ankylosing spondylitis (AS); adult and paediatric Crohn’s disease; refractory fistulising Crohn’s disease; adult and paediatric ulcerative colitis; and plaque psoriasis.1
Inflectra is a biosimilar medicine formulated to deliver comparable efficacy, safety and quality as the originator biologic, Remicade® (infliximab)1 – a mAb therapy that cost the PBS more than $100 million last year.2
The TGA approval of Inflectra is based on extensive data, counting the results of pivotal trials in patients with RA and AS which concluded that the biosimilar was therapeutically comparable to Remicade®.1
Hospira, Inc. provides injectable drugs and infusion technologies to develop, manufacture, distribute, and market products worldwide. The company operates through Americas, EMEA, and APAC segments.
Juniper Netoperates, Inc. (NYSE:JNPR)’s shares gained 2.77% to $25.57.
Juniper Netoperates (JNPR), the industry leader in network innovation, declared that four-car NASCAR team Joe Gibbs Racing (JGR) selected its next-generation switching and security solutions to rev up the team’s aging network infrastructure for better performance on and off the track.
Racing teams are increasingly leveraging technology to accelerate vehicle R&D, boost back-office performance and communicate reliably among drivers, pit crew and staff. Given that JGR manages nearly everything race-related in-house, counting virtual wind tunnel testing, automated machining and 3D part printing, in addition to sponsor logo printing, it requires a highly accessible network to support the multiple facets of its operations. The JGR team turned to Juniper Netoperates through its Elite partner Structured Communications, Inc., to build a highly resilient, reliable and secure network that provides connectivity at the racetrack in addition to at corporate headquarters for support.
Juniper Netoperates, Inc. designs, develops, and sells high-performance network products and services worldwide. It provides various routing products, counting ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; and T series routers.
At the end of Wednesday’s trade, Liberty Interactive Corp (NASDAQ:QVCA)‘s shares surged 2.22% to $27.21.
QVC, the world’s leading video and ecommerce retailer, recently declared its official entry into France, with the launch of live television programming and ecommerce. QVC France, which launched online at QVC.fr with 46 brands in June, began its video programming distribution on August 1, and plans to offer nearly 300 international and French brands by the end of 2015.
French Shoppers Can Say ‘Bienvenue” to Favorite QVC Brands
QVC France customers can shop a variety of high-quality local brands they know and love, in addition to new-to-the-market brands from QVC’s global portfolio – all brought to life through storytelling by inventors, entrepreneurs, designers and QVC France program hosts. At this time, product categories comprise beauty, jewelry, apparel, home and accessories. Some popular QVC brands to be offered on QVC France comprise Elemis, Skechers, Diamonique® and bareMinerals®. QVC France customers will also enjoy QVC’s best find of the day, Recently’s Special Value, the first of which was bareMinerals.
Liberty Interactive Corporation, through its auxiliaries, engages in the video and on-line commerce industries in North America, Europe, and Asia. It markets and sells various consumer products primarily through live televised shopping programs, Websites, and mobile applications.
American Capital Agency Corp. (NASDAQ:AGNC), ended its Wednesday’s trading session with 1.23% gain, and closed at $19.32.
American Capital Agency Corp. (AGNC) declared that its Board of Directors has declared a cash dividend of $0.20 per share of common stock for August 2015. The dividend is payable on September 8, 2015 to common stockholders of record as of August 31, 2015, with an ex-dividend date of August 27, 2015.
The Company also declared recently its estimated net book value of $24.13 per share of common stock as of July 31, 2015. The estimated net book value per common share is the Company’s total estimated stockholders’ equity after deducting the Company’s common stock dividend declared on July 13, 2015, which was paid on August 7, 2015, less the preferred stock liquidation preference, divided by the number of common shares outstanding as of month end. The estimated net book value is unaudited and has not been verified or reviewed by any third party. The Company’s current net book value may also be materially different from its estimated net book value as of July 31, 2015. The Company undertakes no obligation to update or revise its estimated net book value.
American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by government-sponsored enterprise or by the United States government agency. It funds its investments primarily through short-term borrowings structured as repurchase agreements.
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