According to Calcalist, the Israeli financial news website responsible for breaking the story, Soriot met with Teva's search committee and chairman to express his agreement. Its chief Erez Vigodman stepped down in February.
China reports surge in exports to North Korea
Tensions rose after North Korea's test this month of an intercontinental ballistic missile that could reach the U.S. mainland. China's exports increased at a faster-than-expected pace in June, the General Administration of Customs said Thursday.
Is AstraZeneca PLC Chief Executive Pascal Soriot staying or going? Soriot, 58, has been running AstraZeneca since 2012, although the company has been struggling.
"While neither Teva nor AstraZeneca has confirmed, we can not dismiss the Calcalist article given the track record of the Israeli press and the detailed disclosure of the compensation package", said Baum in a note to clients this morning. Early results for a closely followed lung-cancer treatment are also expected within weeks.
Analysts Outlook: Ocular Therapeut Cmn (OCUL)
Shares price moved down from its 50 days moving average with 1.96% and remote positively from 200 days moving average with 49.11%. Now Ocular Therapeutix, Inc.'s current price is $52.4 shy of the official highest sell-side analyst price target on Wall Street.
If the combination of durvalumab and tremelimumab works in the indication, AZ could market the therapy in an indication expected to be worth an estimated $20 billion in sales, where Merck & Co already has a foothold with its Keytruda (pembrolizumab). Reuters, however, also quoted UBS analysts as saying that they did not see a read across.
"That said, we have significant trouble reconciling the timing of the potential departure pre-MYSTIC and Dr Soriot's skill set match with Teva".
Chelsea agree £39.8m deal for Bakayoko; Matic to United?
They also saw Ander Herrera shine in a defensive midfield post last season, earning him the club's Player of the Year award. His arrival could pave the way for Nemanja Matic's departure, with Manchester United still interested in the Serbian.
An AstraZeneca spokesperson declined to comment, describing the story as "rumour and speculation". "If Astra knew the results, they would have announced them".