Ipsen: Standalone strategy for Somatuline US + companion product for Dysport in LatAm
NEUTRAL, Fair Value EUR33 (-3%)
Actelion reports stronger-than-expected switch from Tracleer into Opsumit in NRx in the US
BUY, Fair Value CHF75 (-6%)
Qiagen: Qiagen and Exosome to develop potential game changer companion diagnostics
BUY, Fair Value EUR19,5 (+10%)
SAP: Premiminary FY13 results roughly in line, despite some pluses and minuses
BUY, Fair Value EUR74 (+21%)
Sanofi: Genzyme expands collaboration with Alnylam
BUY, Fair Value EUR88,5 (+20%)
Bureau Veritas: Update: No longer risky
BUY, Fair Value EUR28 (+34%)
The Swatch Group: FY 2013 sales grew 8.3%, globally in line with consensus
BUY, Fair Value CHF672 vs. CHF650 (+22%)
Bayer: Official offer of Bayer on Algeta
BUY, Fair Value EUR98 (0%)