Lately, the Japanese pharma industry has flexed its M&A muscle, trying to find opportunities in global markets. And, the latest deal came this week: Dainippon Sumitomo Pharma agreed to shell out $2.6 billion for Sepracor Inc. (NASDAQ: SEPR). The deal is all-cash.

Why all the interest? There are several drivers. First, the strong yen has made deals fairly cheap. Next, the Japanese market is expected to be slow because of government mandates. And finally, Japanese pharma companies are coming up against expirations of major drugs.

Continue reading Sepracor gets a healthy buyout

Sepracor gets a healthy buyout originally appeared on BloggingStocks on Thu, 03 Sep 2009 13:00:00 EST. Please see our terms for use of feeds.

Sepracor Inc. (NASDAQ: SEPR) was recently up $5.44 to $23.43 after Nikkei reported Dainippon S'tomo Pharma was to make an offer for SEPR. SEPR call option volume of 43,300 contracts compared to put volume of 12,182 contracts. SEPR September option implied volatility was at 55, October at 57, January at 41; verses its six-month average of 55, according to Track Data.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update; Sepracor Sept volatility at 55, Oct at 57, Jan at 41 on buyout report originally appeared on BloggingStocks on Wed, 02 Sep 2009 16:20:00 EST. Please see our terms for use of feeds.

Sepracor (NASDAQ: SEPR) is recently down $2.89 to $15 in pre-open trading. SEPR announced that SEP-225289 failed to meet its primary endpoint in a pivotal Phase 2 trial in patients with major depressive disorder. SEPR also announced the FDA has put two Lunesta pediatric studies on hold due to concerns about non-clinical data that could be relevant to the use of Lunesta in children. SEPR over all option implied volatility of 48 is below its 26-week average of 57, according to Track Data, suggesting decreasing price movement.

NASDAQ 100 - QQQQ overall implied volatility at 26; 26-week average is 33.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: Sepracor volatility low into product pipeline setbacks originally appeared on BloggingStocks on Thu, 02 Jul 2009 09:00:00 EST. Please see our terms for use of feeds.

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Analyst upgrades 5-21-07: ADBE, CMCSA, MSFT, SNE and TIF originally appeared on BloggingStocks on Mon, 21 May 2007 10:48:00 EST. Please see our terms for use of feeds.

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Analyst downgrades 5-18-07: ADSK, MO, SEPR, THC and VCLK originally appeared on BloggingStocks on Fri, 18 May 2007 11:05:00 EST. Please see our terms for use of feeds.

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Analyst initiations 5-11-07: DOW, NILE, WINN and ZQK originally appeared on BloggingStocks on Fri, 11 May 2007 11:32:00 EST. Please see our terms for use of feeds.

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Analyst initiations 4-05-07: Under Armour, Ford Motor & Cephalon initiated today originally appeared on BloggingStocks on Thu, 05 Apr 2007 11:16:00 EST. Please see our terms for use of feeds.

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Analyst downgrades 3-19-07: RadioShack cut to Underweight at Morgan Stanley originally appeared on BloggingStocks on Mon, 19 Mar 2007 11:25:00 EST. Please see our terms for use of feeds.

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Analyst initiations 2-14-07: Sepracor, ConAgra initiated today originally appeared on BloggingStocks on Wed, 14 Feb 2007 00:03:00 EST. Please see our terms for use of feeds.

Pfizer's hand forced originally appeared on BloggingStocks on Tue, 05 Dec 2006 11:15:00 EST. Please see our terms for use of feeds.