-
Elanco Animal Health Announces $245M Stock-For-Stock Acquisition Of Aratana Therapeutics
Friday, April 26, 2019 - 12:33pm | 478Elanco Animal Health Inc (NYSE: ELAN) announced Friday that it has struck a deal to buy pet therapeutics company Aratana Therapeutics Inc (NASDAQ: PETX). The two companies are partners on the canine drug Galliprant. What Happened The stock-for-stock deal is worth as much as $245...
-
Why You Shouldn't Be Concerned By Aratana's Shareholder Lawsuit
Tuesday, February 7, 2017 - 4:19pm | 492A shareholder lawsuit was filed against Aratana Therapeutics Inc (NASDAQ: PETX) after the company’s announcement Monday that the release of Entyce, an appetite stimulant for dogs, would be delayed until late 2017. Aratana’s stock dropped about 19 percent after the news about Entyce...
-
Aratana's Drug Pipeline Suggests Revenue Growth Could Continue For Years
Tuesday, September 6, 2016 - 1:33pm | 350Bruce Jackson of Lake Street assumes coverage of Aratana Therapeutics Inc (NASDAQ: PETX) with a Buy rating and $15 target price, saying twelve additional new products in the pipeline suggest the revenue growth can continue for the next several years. The analyst expects more than $200 million in...
-
Good News from Aerie Pharma; Aratana Therapeutics Should Cheer Investors
Thursday, February 18, 2016 - 11:08am | 496Aerie Pharmaceuticals Inc (NASDAQ: AERI) and Aratana Therapeutics Inc (NASDAQ: PETX) have come out with positive announcements that should cheer investors on Thursday. Aerie Pharma reported the successful 12-month interim safety results of Rocket 2, Aerie's second Phase 3 registration trial for...
-
Aratana Therapeutics Spiked 25%: Here's What You Need To Know
Tuesday, January 26, 2016 - 9:35am | 208Shares of Aratana Therapeutics Inc (NASDAQ: PETX), a pet therapeutics company that commercializes bio-pharmaceutical products for companion animals, were trading higher by more than 25 percent early Tuesday morning before returning some of the gains. Aratana Therapeutics announced after Monday...
-
Patience May Be Needed In Aratana Therapeutics
Monday, November 30, 2015 - 10:31am | 372The share price of Aratana Therapeutics Inc (NASDAQ: PETX) has declined 65.6 percent year-to-date, almost touching its 52-week low on November 19. Barclays’ Douglas D. Tsao has maintained an Overweight rating on the company, while lowering the price target from $30 to $15. Although the stock...