On Friday, Shares of Shire PLC (ADR)(NASDAQ:SHPG), added 0.49% and closed at $194.50 in the last trading session. The last trading range of the stock ranges between $193.19 and $194.79. The company’s Market capitalization is $59.47 Billion with the total Outstanding Shares of 906.90Billion. During the 52-week trading session the minimum price at which share price traded, registered at $147.60 and reached to max level of $231.32. Kamada Ltd. (KMDA) (KMDA), a plasma-derived protein therapeutics company focused on orphan indications, declared recently the extension of the planned partnership with Shire plc (SHP.L) (SHPG) for GLASSIA® . Minimum revenue for GLASSIA in the extended agreement for the years 2017 to 2020 will reach about $237 million and may be expanded to $288 million during that period. Kamada will now continue to produce GLASSIA through 2020 for Shire, after which Shire may produce the product at their facility and pay Kamada established royalty rates. This represents the fourth time the companies have extended the contract for manufacturing supply of GLASSIA since the start of the planned relationship in 2010.
“The extension of our planned partnership agreement with Shire is a testament to the growing market share and increasing demand for GLASSIA in the U.S., and to the strong planned relationship between Kamada and Shire,” said Amir London, Kamada’s Chief Executive Officer. “This minimum commitment by Shire further strengthens our confidence in achieving the expected $100 million revenue target in 2017 and represents further growth in the following years. We have the capacity to support this increasing demand for GLASSIA and appreciate the trust of Shire in our capabilities, which are demonstrated in our supply agreement, in addition to our co-development projects for IV-AAT for additional indications, counting Graft-as compared to-Host Disease and lung transplant.”
Shares of Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA), subtract -1.03% and closed at $239.07 in the last trading session. The last trading range of the stock ranges between $237.86 and $242.62. The company’s Market capitalization is $14.76 Billion with the total Outstanding Shares of 62.37Billion. During the 52-week trading session the minimum price at which share price traded, registered at $146.77 and reached to max level of $278.63. Ulta Salon, Cosmetics & Fragrance, Inc. operates as a specialty retailer in the United States. Its stores provide cosmetics, fragrance, haircare, skincare, bath and body products, and salon styling tools. The company also offers cosmetics, which includes products for the face, eyes, cheeks, lips, nails, and brushes; haircare products, such as shampoos, conditioners, styling products, and hair accessories and brushes; and salon styling tools comprising hair dryers, curling irons, and flat irons. In addition, it provides skincare, and bath and body products consisting of products for face, hands, and body; fragrances; nail polish and nail care products; and mens skincare, haircare, and fragrance products. Further, the company offers private label products consisting of Ulta branded cosmetics, skincare, bath and body products, and haircare products; and other health and beauty products. As of January 30, 2016, it operated 874 retail stores in 48 states.