All Posts Tagged With: "SNY"

(BIIB) Biogen Analyst Neutral on Shares

We recently reiterated our Neutral recommendation on Biogen Idec (BIIB). Biogen is the market leader in therapies for the treatment of multiple sclerosis (MS). We believe the company will continue to retain a leading position in the MS market. Biogen’s largest product, Avonex,... 

21Jan2012 | | 0 comments | Continued

(VPHM) ViroPharma Drug Earns Priority Review

ViroPharma Inc. (VPHM) recently announced that the Canadian regulatory body has granted priority review status to the company’s new drug submission (NDS) for Cinryze. ViroPharma is seeking the drug’s approval for the treatment of prevention, pre-procedure prevention, and... 

16Jan2012 | | 0 comments | Continued

(BMY) Bristol-Myers Squibb Company Kicks Off 2012 Pharma Deals

The spate of acquisitions in the pharma industry continues in 2012 with Bristol-Myers Squibb Company (BMY) announcing the first major deal of the new year. Major merger and acquisition (M&A) deals have taken place in the pharma sector over the last couple of years. With most... 

9Jan2012 | | 0 comments | Continued

(JNJ) Pharma & Biotech Stock Review & Outlook – Industry Outlook

With 2011 coming to an end, the pharmaceutical industry continues to face challenges like sluggish prescription trends, EU pricing pressure, intensifying generic competition, pipeline failures and limited late-stage catalysts. The next five years are expected to reflect a significant... 

29Dec2011 | | 0 comments | Continued

(BMY) Bristol-Myers Squibb Sees Pipeline Setback

Bristol-Myers Squibb Company (BMY) recently suffered a pipeline setback with its oncology candidate, brivanib, performing disappointingly in a late-stage study (BRISK-PS). The study evaluated brivanib as a combination therapy in liver cancer patients who had either failed or... 

24Dec2011 | | 0 comments | Continued

(BMRN) BioMarin Pharmaceutical Reports Pipeline Progress

Recently, BioMarin Pharmaceutical Inc. (BMRN) commenced a mid-stage study of its pipeline candidate GALNS (N-acetylgalactosamine 6-sulfatase) in children suffering from mucopolysaccharidosis IVA (MPS IVA), a rare genetic enzyme deficiency disorder. The company intends to evaluate... 

14Dec2011 | | 0 comments | Continued

(MITI) Micromet Analyst Maintains Neutral on Shares

We have maintained a Neutral rating on Micromet, Inc. (MITI) with a target price of $7.00 per share following appraisal of third quarter 2011 results. Micromet’s third quarter 2011 loss per share came in at 21 cents (after adjusting for the change in fair value of warrants),... 

9Dec2011 | | 0 comments | Continued

(EU) Emerging Markets: The Way Forward

According to Irish orator, philosopher, & politician Edmund Burke, change is the most powerful law of nature. The winds of change seem to be sweeping across the pharmaceutical industry as well. Until recently, most commercialization efforts were focused on the U.S. —... 

7Dec2011 | | 0 comments | Continued

(MITI) Micromet Begins New Trial

Micromet Inc. (MITI) recently announced that it has begun a mid-stage registrational trial of its lead pipeline candidate, blinatumomab, in adult patients with B-precursor relapsed refractory acute lymphoblastic leukemia (ALL). The trial was advised to be conducted by the US... 

6Dec2011 | | 0 comments | Continued

(ISIS) Isis Pharmaceuticals Analyst Downgrades Shares to Neutral

We recently downgraded Isis Pharmaceuticals (ISIS) to Neutral from an Outperform recommendation. Isis Pharma is a drug discovery and development company that focuses on the development of products using ribonucleic acid (RNA)-based technologies, such as antisense. The company... 

30Nov2011 | | 0 comments | Continued

(PRGO) Perrigo Beats Earnings Forecast – Sales Miss

Perrigo Company (PRGO) reported earnings per share of $1.10 for the first quarter of fiscal 2012, beating the Zacks Consensus Estimate of $1.03 and the year-earlier earnings of 87 cents per share. Light sales performance was offset by a lower tax rate to drive earnings growth. First... 

2Nov2011 | | 0 comments | Continued

(AMLN) Amylin Pharmaceuticals Posts Lower Loss

Amylin Pharmaceuticals (AMLN) reported a net loss of 7 cents per share in the third quarter of 2011, well below the Zacks Consensus Estimate of a loss of 15 cents and the year-ago loss of 31 cents. Higher revenues and lower expenses led to the lower year-over-year loss. Third... 

25Oct2011 | | 0 comments | Continued

(MNTA) Momenta Pharmaceuticals and Novartis AG Sue Watson Pharmaceuticals

Momenta Pharmaceuticals, Inc. (MNTA) and Novartis AG (NVS) filed a lawsuit against Amphastar Pharmaceuticals, Inc. and Watson Pharmaceuticals Inc. (WPI) regarding the generic version of Sanofi-Aventis’ (SNY) Lovenox. The lawsuit was filed in United States District Court for... 

24Sep2011 | | 0 comments | Continued

(EU) Pharmaceuticals Stock Outlook – September 2011 – Industry Outlook

The pharmaceutical industry continues to be impacted by major issues such as sluggish prescription trends, European Union (EU) pricing pressure, intensifying generic competition and limited late-stage catalysts. The next five years are expected to witness a significant imbalance... 

23Sep2011 | | 0 comments | Continued

(BMY) Bristol-Myers Squibb Presents HCV Data

Recently, Bristol-Myers Squibb Company (BMY) presented encouraging data from a phase II study (n=48) which evaluated its candidate BMS-790052 in combination with peginterferon and ribavirin (standards of care) for treating patients suffering from the hepatitis C virus (HCV).... 

20Sep2011 | | 0 comments | Continued

(AZN) AstraZeneca’s Brilinta Now in US

AstraZeneca plc (AZN) recently announced the US launch of Brilinta (ticagrelor). The drug was approved by the US Food and Drug Administration (FDA) last month, to reduce the rate of heart attack and cardiovascular (CV) death in adult patients with acute coronary syndrome (ACS). Following... 

15Sep2011 | | 0 comments | Continued

(BMY) Bristol-Myers Squibb and Pfizer Get Encouraging Data

Recently, Bristol-Myers Squibb Company (BMY) and partner Pfizer (PFE) announced encouraging data from a late-stage study (ARISTOTLE: n=18,201) which evaluated their blood thinner Eliquis (apixaban) in patients suffering from erratic heartbeat and carrying at least one additional... 

14Sep2011 | | 0 comments | Continued

(BAC) Company News for September 12, 2011 – Corporate Summary

•    Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) posted second quarter 2011 earnings of $0.38 per share, which surpassed the Zacks Consensus Estimate of $0.32 •    VeriSign Inc. (NASDAQ:VRSN) announced the resignation of its Chief Financial Officer Brian... 

12Sep2011 | | 0 comments | Continued

(ALNY) Alnylam Pharmaceuticals Analyst Maintains Neutral Rating on Shares

We have maintained a Neutral rating on Alnylam Pharmaceuticals, Inc (ALNY) with a target price of $7.00 per share. Alnylam Pharmaceuticals Inc. is a biopharmaceutical company developing novel therapeutics based on a biological breakthrough technology known as RNA (Ribo Nucleic... 

30Aug2011 | | 0 comments | Continued

(MITI) Micromet Loss Less Than Analyst Estimates – Revenues Rise

Micromet Inc.’s (MITI) second quarter 2011 loss per share came in at 19 cents (after adjusting for the change in fair value of warrants), wider than the year-ago loss of 15 cents per share (also adjusting for the change in fair value of warrants). The loss was, however, narrower... 

9Aug2011 | | 0 comments | Continued

(VRX) Valeant Pharmaceuticals International Beats Expectations – Ups View

Valeant Pharmaceuticals International’s (VRX) second quarter 2011 earnings of 68 cents per share (excluding special items but including stock based compensation expense) beat the Zacks Consensus Estimate by 3 cents and the year-ago earnings by 8 cents per share. Bottom-line... 

8Aug2011 | | 0 comments | Continued

(BMY) Bristol-Myers Squibb Company Reports Solid Quarter

Bristol-Myers Squibb Company’s (BMY) second quarter 2011 earnings (excluding special items) of $0.56 per share surpassed the Zacks Consensus Estimate by $0.01and the year-ago earnings by $0.02. Higher revenues boosted earnings in the reported quarter. On a reported basis (including... 

3Aug2011 | | 0 comments | Continued

(REGN) Regeneron Pharmaceuticals Gets Mixed Data for REGN88

Regeneron Pharmaceuticals, Inc. (REGN) and partner Sanofi Aventis (SNY) recently announced data from two mid-stage studies of their pipeline candidate sarilumab (REGN88/SAR153191). While one study (MOBILITY) evaluated patients with rheumatoid arthritis (RA) the other (ALIGN)... 

14Jul2011 | | 0 comments | Continued

(PRGO) Perrigo Downgraded to Neutral

We recently moved to a Neutral rating on Perrigo Company (PRGO) from Outperform. Our target price on the stock is $94.00. Perrigo’s broad line of store brand pharmaceutical products has the same active ingredients and comparable quality and efficacy as the national brands.... 

10Jul2011 | | 0 comments | Continued

(OPTR) Optimer Pharmaceuticals Analyst Maintains Neutral

We have maintained a Neutral rating on Optimer Pharmaceuticals, Inc. (OPTR) with a target price of $12.00 per share. We find the US Food and Drug Administration’s (FDA) approval of Optimer’s first drug, antibiotic Dificid, for the treatment of clostridium difficile-associated... 

5Jul2011 | | 0 comments | Continued

(JNJ) Boost for Bayer and Johnson & Johnson

Recently, the US Food and Drug Administration (FDA) delivered a huge boost for Bayer (BAYRY) and partner Johnson & Johnson (JNJ) by clearing their blood-thinner (anticoagulant) Xarelto (rivaroxaban). The US regulatory body cleared the drug, which has blockbuster potential,... 

5Jul2011 | | 0 comments | Continued

(NVO) Novo Nordisk Presents Late Stage Degludec Data

Recently, Novo Nordisk (NVO) presented data from late stage trials, which showed that its ultra-long acting insulin Degludec lowered blood glucose levels with significantly reduced risk of hypoglycemia (low blood sugar) versus Sanofi Aventis’(SNY) Lantus in patients with type... 

5Jul2011 | | 0 comments | Continued

(BMY) Bristol-Myers Squibb Expands HIV Drug’s Reach

Recently, Bristol-Myers Squibb Company (BMY) inked a deal with Mylan Inc. (MYL) to expand the market for its HIV drug Reyataz (atazanavir sulfate). The deal allows Matrix to develop and sell the generic version of the HIV therapy in the Indian and sub-Saharan African markets. Apart... 

30Jun2011 | | 0 comments | Continued

(ABT) Abbott Labs and Reata Pharmaceuticals Present New Phase II Data

Abbott Labs (ABT) and partner Reata Pharmaceuticals, Inc. recently announced the presentation of new phase II data on bardoxolone methyl. In addition to being posted online in The New England Journal of Medicine, the data were also presented at the European Renal Association-European... 

29Jun2011 | | 0 comments | Continued

(MHS) Medco Health Solutions Aids Sanofi-Aventis Study

Medco Health Solutions (MHS) and its subsidiary United BioSource Corporation (UBC) have entered into a multi-year agreement with leading pharmaceutical company Sanofi-Aventis (SNY). Under the agreement, Medco would provide real-world evidence assessments during the product’s... 

28Jun2011 | | 0 comments | Continued