Cal-On Elan

Monday, 11 November 2024 08:43 PM A class action lawsuit has been filed against Elanco Animal Health Incorporated, alleging that the company failed to disclose approval problems with its drugs, including Zenrelia and Credelio Quattro. This led to a significant drop in the companys stock price. Shareholders who purchased securities between November 7, 2023, and June 26, 2024, may be eligible to participate in the class action. I believe transparency in such matters is crucial for investor trust.

Sunday, 10 November 2024 06:17 PM Elanco Animal Healths stock price declined over 21% after the company issued an update on the FDA approval timelines for Zenrelia and Credelio Quattro. The update included a boxed warning on safety for Zenrelia, which is expected to slow product adoption. This news has significant implications for the companys financial prospects. I think this highlights the importance of clear communication with investors.

Thursday, 07 November 2024 09:49 AM Elanco Animal Health updated its fourth quarter 2024 earnings guidance, providing an EPS range of 0.130-0.180 and revenue guidance of $1.0 billion. This update follows recent analyst rating changes, with some firms adjusting their target prices and ratings for the company. I think this guidance will be closely watched by investors to gauge the companys financial health.

Tuesday, 22 October 2024 09:01 AM Elanco Animal Health is facing a class action lawsuit with a deadline of December 6, 2024, for shareholders to apply to serve as lead plaintiff. The lawsuit seeks to recover losses due to alleged securities fraud related to the companys drug approvals. I think this legal action underscores the need for corporate accountability.