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Were Hedge Funds Right About Gilead Sciences, Inc. (GILD)?

Were Hedge Funds Right About Gilead Sciences, Inc. (GILD)?
insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.

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Were Hedge Funds Right About Biogen Inc. (BIIB)?

Were Hedge Funds Right About Biogen Inc. (BIIB)?
insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.

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Sarissa Capital Acquisition Corp. Receives Expected Notification From Nasdaq Related To Delayed Quarterly Report

/PRNewswire/ Sarissa Capital Acquisition Corp. (NASDAQ: SRSA) (the "Company"), today announced it received a notice on May 28, 2021 from the Listing. ....

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Biopharma Company Faces Pressure to Trim Costs and Maximize Value for Shareholders

Alkermes, a biopharmaceutical company, benefits from profitable drugs and royalties, but a “bloated cost structure” keeps it from being profitable. ....

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Alkermes Announces Agreement with Sarissa Capital

Alkermes Announces Agreement with Sarissa Capital
Grants Sarissa Right to Designate Director to Alkermes Board
DUBLIN, April 30, 2021 /PRNewswire/ Alkermes plc (Nasdaq: ALKS) today announced that it has reached an agreement with Sarissa Capital Management LP ( Sarissa Capital ), a beneficial owner of approximately 5% of the company s outstanding ordinary shares, pursuant to which Sarissa Capital has the right to designate a director to the company s Board of Directors (the Board ).
This agreement follows constructive dialogue between the parties related to the company s strategic priorities and ongoing Board refreshment efforts. Alkermes initiated a robust board refreshment program two years ago and has since added four new independent directors to the Board. ....

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