Tag Archives: OL

Raytheon Wins $39 Million in Pentagon Tech, Bomb Contracts

By Rich Smith, The Motley Fool

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Just ahead of the Easter weekend, the U.S. Department of Defense doled out $3.6 billion in new weapons and support contracts to its contractors. Of the several recipients, Raytheon took in less money than most — but only in relative terms. The two contracts it pulled down Friday, worth a combined $38.9 million, included:

  • A $7.5 million firm-fixed-price modification to a previously awarded contract for its Integrated Defense Systems unit, funding production of ship self-defense system open architecture OL-782(V) network switching cabinets to be installed on a number of vessels: CVN 72 (the nuclear aircraft carrier USS Abraham Lincoln), LSDs 44, 50, and 52 (the dock landing ships USS Gunston Hall, USS Carter Hall, and USS Pearl Harbor, respectively), and also at the Naval Surface Warfare Center’s Integrated Combat System Testing Facility, the Wallops Island Land Based Test Site, and the Raytheon Software Integration Lab. Work on this contract should be complete by October 2014.
  • A larger, $31.4 million award to supply 396 GBU-49 and 96 GBU-50 Advanced Paveway II GPS-equipped guided bombs, 20 inert GBU-49 training rounds, and 20 more inert GBU-50 training rounds. Raytheon will deliver these munitions by Dec. 31, 2018.

The article Raytheon Wins $39 Million in Pentagon Tech, Bomb Contracts originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Raytheon. Try any of our Foolish newsletter services free for 30 days. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Teva to Present New Research on CNS Product Portfolio and Pipeline at 2013 American Academy of Neuro

By Business Wirevia The Motley Fool

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Teva to Present New Research on CNS Product Portfolio and Pipeline at 2013 American Academy of Neurology Annual Meeting

LATE-BREAKING ORAL PRESENTATION PLANNED FOR AZILECT ® (RASAGILINE TABLETS)

JERUSALEM–(BUSINESS WIRE)– Teva Pharmaceutical Industries Ltd. (NYS: TEVA) today announced that 15 abstracts highlighting study results for Parkinson’s disease (PD) and relapsing-remitting multiple sclerosis (RRMS) will be presented during the 65th American Academy of Neurology (AAN) annual meeting in San Diego, Calif., March 16-23, 2013. New data for AZILECT® (rasagiline tablets), an MAO-B inhibitor for the treatment of PD, will be presented as part of the meeting’s Emerging Science program (formerly known as Late-Breaking Science) on Wednesday, March 20th at 5:45pm PST.

“We are pleased with the variety of topics and quality of research results that will be presented at AAN this year,” said Dr. Michael Hayden, President of Global R&D and Chief Scientific Officer at Teva Pharmaceutical Industries Ltd. “Teva’s legacy in CNS is grounded in our commitment to ongoing collaboration with academia, medical institutions, and patient advocacy groups to find innovative solutions for patients who live with chronic and debilitating diseases, such as RRMS and Parkinson’s disease.”

Featured presentations include:

  • Results from a Phase IV clinical study evaluating AZILECT® as Add on to Dopamine Agonists in the Treatment of Parkinson’s disease (ANDANTE).
  • Findings from the first year of follow-up in the Therapy Optimization in Multiple Sclerosis (TOP MS) study, the largest prospective Phase IV study conducted in RRMS, providing insight into the impact of adherence to therapy, as well as data demonstrating that more patients on COPAXONE® (glatiramer acetate) persisted with treatment than those on beta interferon (IFN).
  • Results from the Phase III ALLEGRO study in RRMS at 36 months, comparing the progression of disability and safety of patients treated with laquinimod for three years (Early-Start) and in patients originally treated with placebo in the double-blind (DB) phase and switched to laquinimod treatment (Delayed-Start) in the open-label (OL) phase of the ALLEGRO trial.

Platform Presentation/Poster Session Details:


AZILECT
®