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The drug, which is meant to prevent blood clots that can cause heart attacks and strokes, had previously been approved at a higher dose for use during the first year after a heart attack. It could also increase the numbers of patients eligible for the drug to include those who...

AstraZeneca claimed that clinical trials have shown high efficacy of brodalumab in treatment of moderate to severe psoriasis in a considerable number of patients. Profits will be shared by AstraZeneca and Valeant after approval, the release stated.

Based on management’s projections and analysis, the Company believes that cash and short-term investments meet its planned working capital requirements through the end of 2018.