Regulatory Approval, New Appointments, Stock Price Movements, and Other Announcements - Research Report on Pfizer, Warner Chilcott, Rockwell Medical, InterMune, and Ligand
NEW YORK, October 2, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting Pfizer Inc. (NYSE: PFE), Warner Chilcott plc (NASDAQ: WCRX), Rockwell Medical Inc. (NASDAQ: RMTI), InterMune Inc. (NASDAQ: ITMN), and Ligand Pharmaceuticals Inc. (NASDAQ: LGND). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Pfizer Inc. Research Report
On September 27, 2013, Reuters reported that Pfizer Inc.'s (Pfizer) antibacterial drug Tygacil increases the risk of death whether used as authorized by the US Food and Drug Administration (FDA) or for unapproved conditions. As reported in the release, the Company must include a warning inside a black box on the drug's label, indicating the risk is of the most serious nature. Kimberly Bencker, a spokeswoman for Pfizer, said that "due to the increase in antibiotic resistance worldwide, Tygacil continues to be an appropriate treatment option for its approved indications." Reuters further added that according to FDA, patients who took Tygacil for authorized uses had a 2.5 % risk of death, compared with a 1.8 % risk of death for those who took other antibacterial drugs. The Full Research Report on Pfizer Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-29/PFE]
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Warner Chilcott plc Research Report
On September 27, 2013, Warner Chilcott plc (Warner Chilcott) announced that the US Federal Trade Commission (FTC) has voted to approve Actavis' proposed acquisition of Warner Chilcott. Warner Chilcott stated that the approval has come after Actavis' agreement to a proposed consent order with the FTC, and under the terms of this consent order, and subject to the consummation of the transaction, Actavis will divest four products to Amneal Pharmaceuticals which includes: Zenchent Fe; its pending application for norethindrone acetate/ethinyl estradiol; its pending application for risedronate sodium; and its approved application for norethindrone acetate/ethinyl estradiol. The Company informed that the closing of the transaction is subject to approval by the Irish High Court and other customary closing conditions. The Full Research Report on Warner Chilcott plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-29/WCRX]
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Rockwell Medical Inc. Research Report
On September 27, 2013, Rockwell Medical Inc.'s (Rockwell Medical) stock jumped by 16.94% as compared to its previous day's closing price, ending the day at $10.77 on Nasdaq. Rockwell Medical shares have gained 17.07% over the previous three trading sessions, outperforming, the Nasdaq Composite, which gained 0.35% during the same period. The Full Research Report on Rockwell Medical Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-29/RMTI]
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InterMune Inc. Research Report
On September 24, 2013, InterMune Inc. (InterMune) welcomed Andrew Powell as Executive Vice President, General Counsel, and Corporate Secretary for the Company. According to InterMune, in this new role, Mr. Powell will be responsible for managing the Company's legal affairs and will report to Dan Welch, Chairman, CEO and President of InterMune. Commenting on the appointment, Mr. Welch said, "Andrew brings experience in many areas that are key to InterMune's future as our Esbriet sales continue to grow globally, and we plan for anticipated approval and launch of Esbriet in the United States." InterMune informed that prior to this new role Mr. Powell served as Executive Vice President, General Counsel and Secretary at Cornerstone Therapeutics and for more than 25 years. InterMune reported that Powell has practiced law principally in healthcare and biotechnology. The Full Research Report on InterMune Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-29/ITMN]
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Ligand Pharmaceuticals Inc. Research Report
On September 24, 2013, Ligand Pharmaceuticals Inc. (Ligand) reported that its partner, GlaxoSmithKline plc (GSK), announced that the European Commission has granted an additional indication for Revolade (eltrombopag) as a treatment for low platelet counts (thrombocytopenia) in adults with chronic hepatitis C infection, where the degree of thrombocytenia is the main factor that prevents the initiation or limiting the ability to maintain optimal interferon (IFN)-based therapy. Ligand stated that thrombocytopenia may prevent initiation and maintenance of peginterferon (pIFN)-based treatment, and consequently reduces a patient's chances of reaching a sustained virologic response (SVR), which is the goal of hepatitis C treatment. John Higgins, President and CEO of Ligand, said, "We are extremely pleased with the decision of the European Commission, and eagerly await the launch of Revolade in the European Union for this indication. This is an important achievement, as otherwise very sick patients suffering with chronic hepatitis C infection with few therapeutic options will now have the opportunity to potentially receive needed treatment." The Full Research Report on Ligand Pharmaceuticals Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-29/LGND]
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