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NORDIC STOCKS - Factors to watch on June 8
June 8, 2015 / 6:37 AM / 3 years ago

NORDIC STOCKS - Factors to watch on June 8

COPENHAGEN, June 8 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Monday:

NOVO NORDISK

The Danish drug company’s IDegLira combination drug for type 2 diabetes led to significant reductions in blood sugar, weight and rate of hypoglycemia compared with Sanofi’s top-selling Lantus insulin product, according to data from a late-stage trial presented at a medical meeting on Sunday. [ID: nL1N0YR1KM]

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SWEDISH ORPHAN BIOVITRUM

The Swedish rare diseases drugmaker said on Monday it had terminated discussions regarding a non-binding proposal in relation to a possible offer for the company.

The firm said in late April it had received a preliminary proposal for a bid on the company, and Reuters identified Pfizer as the bidder.

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KVAERNER, STATOIL

Norwegian oil services firm Kvaerner and the engineering group KBR won a 6.7 billion crown ($843 million) contract to design and build the living quarter platform deck for Statoil’s Johan Sverdrup field in the North Sea, the firms said.

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GENMAB

Janssen Biotech has initiated a rolling submission of a Biologics License Application to the U.S. Food and Drug Administration for the cancer drug candidate Daratumumab, which has been developed by Genmab, the Danish company said on Saturday.

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DFDS

Eurotunnel, the operator of the undersea rail link between England and France, said on Sunday it reluctantly agreed to sell its Calais-to-Dover ferry business, MyFerryLink, to the Danish competitor DFDS. Eurotunnel is a forced seller of the service because of antitrust action. The price was not disclosed.

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Additional reporting by Oslo and Stockholm newsrooms

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