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The Zacks Analyst Blog Highlights: Actavis, BP, Total, Petrobras and Devon Energy
Date:5/21/2013

CHICAGO, May 21, 2013 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Actavis, Inc.'s (NYSE: ACT), BP plc (NYSE: BP), Total SA (NYSE: TOT), Petrobras (NYSE: PBR) and Devon Energy Corporation (NYSE: DVN).

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Here are highlights from Monday's Analyst Blog:

FDA Accepts Actavis NDA

The US Food and Drug Administration (FDA) recently accepted Actavis, Inc.'s (NYSE: ACT) new drug application for its oral contraceptive candidate. The company is looking to get its progestin-only transdermal contraceptive patch (norethindrone transdermal delivery system) approved for the prevention of pregnancy.

With the FDA granting standard review to the NDA, a response should be out by Dec 27, 2013. The NDA was submitted on Feb 26, 2013 and includes data from a 12-month, multicenter, open-label study.

The once-weekly dosing regimen of the patch could help improve compliance and convenience in progestin-only contraceptive users.

Actavis is working on strengthening its women's health business. Earlier this year, the company acquired Belgium-based Uteron Pharma. With this acquisi
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SOURCE Zacks Investment Research, Inc.
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