Acquisitions, Appointments, and New Product Developments - Analyst Notes on Boston Scientific, Horizon Pharma, Alkermes, Agilent, and BD
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NEW YORK, March 26, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Boston Scientific Corporation (NYSE: BSX), Horizon Pharma Inc. (NASDAQ: HZNP), Alkermes Plc (NASDAQ: ALKS), Agilent Technologies Inc. (NYSE: A), and Becton, Dickinson and Co. (NYSE: BDX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Boston Scientific Corporation Analyst Notes
On March 19, 2014, Boston Scientific Corporation (Boston Scientific) announced that in recognition for delivering world class results and demonstrating an ongoing commitment to leading and influencing a strong culture of operational excellence at its Maple Grove, Minnesota manufacturing facility, the Company was awarded a Shingo award from the Shingo Institute. The Shingo Institute is part of the Jon M. Huntsman School of Business at Utah State University. Commenting on the news, Dale Hentges, Vice President, Maple Grove Operations, remarked, "We are proud of our consistent and sustained efforts to drive quality, reduce cost and deliver innovative new products across our global operation. The Shingo Model is a world-class standard for operational excellence, and our team is honored to receive this recognition for our progress and efforts." The full analyst notes on Boston Scientific Corporation are available to download free of charge at:
http://www.AnalystsReview.com/03262014/BSX/report.pdf
Horizon Pharma Inc. Analyst Notes
On March 19, 2014, Horizon Pharma Inc. (Horizon Pharma) reported that it has entered into a definitive agreement with Vidara Therapeutics International Ltd. (Vidara). As per the agreement, Horizon Pharma will acquire Vidara through a reverse merger for stock and cash valued at approximately $660 million, with Horizon Pharma plc as the name of the resulting company, and will be organized under the laws of Ireland with a portfolio of four products marketed primarily in the United States. Horizon Pharma also stated that Vidara will combine with the Company, with approximately 74% of Horizon Pharma plc's ordinary shares to be exchanged for Horizon Pharma's common shares, with Horizon surviving the merger. The shareholders of Vidara will retain approximately 26% of Horizon Pharma plc and receive $200 million in cash, subject to certain adjustments. Pending execution of its final financing plans, the Company has secured a $250 million bridge loan commitment from Deerfield Management Company, L.P. The full analyst notes on Horizon Pharma Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03262014/HZNP/report.pdf
Alkermes Plc Analyst Notes
On March 6, 2014, Alkermes Plc (Alkermes) launched FORWARD (Focused On Results With A Rethinking of Depression), a comprehensive pivotal program for ALKS 5461 - a once-daily, oral investigational medicine with a novel mechanism of action for the adjunctive treatment of major depressive disorder (MDD). According to the Company, FORWARD includes a total of 12 studies, including three core phase 3 efficacy studies and nine supportive studies. The first FORWARD study, evaluating the onset of clinical effect, safety and tolerability of ALKS 5461 in approximately 60 patients with MDD, has begun, and the three core efficacy studies are expected to begin in mid-2014. The primary efficacy endpoint for the three core efficacy studies will be the change from baseline in Montgomery-Åsberg Depression Rating Scale (MADRS) scores. The full analyst notes on Alkermes Plc are available to download free of charge at:
http://www.AnalystsReview.com/03262014/ALKS/report.pdf
Agilent Technologies Inc. Analyst Notes
On March 19, 2014, Agilent Technologies Inc. (Agilent) has appointed George A. Scangos, Ph.D., CEO and Director of Biogen Idec to its Board of Directors, effective September 2014. He replaces Dr. David Lawrence, who is retiring from the Agilent board after 13 years of service. James G. Cullen, Agilent Chairman stated, "I am delighted to welcome Dr. Scangos to the board. He has an extraordinary combination of biotechnology and business expertise along with insights that come from running a large successful global pharma company." Scangos is currently an adjunct professor of Biology at John Hopkins University. He has served as President and CEO of Exelixis Inc., and was previously President of Bayer Biotechnology. The full analyst notes on Agilent Technologies Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03262014/A/report.pdf
Becton, Dickinson and Co. Analyst Notes
On March 19, 2014, Becton, Dickinson and Co. (BD) announced that BD Diagnostics has received 510(k) clearance and Clinical Laboratory Improvement Amendments (CLIA) waiver from the U.S. Food and Drug Administration (FDA) for nasopharyngeal swab specimens on the BD Veritor™ System for Rapid Detection of Respiratory Syncytial Virus (RSV). According to the Company, it is the first commercially available rapid CLIA-waived RSV test system that incorporates a digital result. The new assay is cleared for use in physician offices, hospitals, and other patient-care settings. It was also stated that when used in conjunction with the BD Veritor System Reader, the RSV test utilizes Advanced Nano-particle and Adaptive Read technologies to obtain an accurate result while providing objective results on a hand held reader with an easy-to-read digital display. The full analyst notes on Becton, Dickinson and Co. are available to download free of charge at:
http://www.AnalystsReview.com/03262014/BDX/report.pdf
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