Acquisitions, NDA Filings, Key Findings, Conferences and Product Launches - Research Report on Perrigo, Forest Labs, Avanir Pharmaceuticals, Cubist Pharmaceuticals, and Dr. Reddy's Laboratories
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NEW YORK, September 2, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Perrigo Co. (NYSE: PRGO), Forest Laboratories Inc. (NYSE: FRX), Avanir Pharmaceuticals (NASDAQ: AVNR), Cubist Pharmaceuticals Inc. (NASDAQ: CBST), and Dr. Reddy's Laboratories Ltd. (NYSE: RDY). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Perrigo Co. Research Report
On August 28, 2013, Perrigo Co. (Perrigo), along with Elan Corporation, plc. (Elan), announced that Perrigo Company Limited (New Perrigo) successfully filed a registration statement on Form S-4 in connection with Perrigo's proposed acquisition of Elan, which included a joint proxy statement of Elan and Perrigo (the Form S-4). Formerly announced on July 29, 2013, Perrigo and Elan signed a definitive agreement, under which New Perrigo will procure Elan in a stock-and-cash transaction valued at an estimated $8.6 billion (the Acquisition). The Full Research Report on Perrigo Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/4168_PRGO]
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Forest Laboratories Inc. Research Report
On August 14, 2013 Forest Laboratories Inc. (Forest Labs) and Almirall, S.A. (Almirall) announced that they will defer the planned Q4 2013 submission of a New Drug Application (NDA) for the combination of aclidinium bromide, a long acting muscarinic antagonist and formoterol fumarate, a long acting beta agonist, for the purpose of indicating Chronic Obstructive Pulmonary Disease (COPD). The Company stated that the decision was made due to comments from the FDA at a recent pre-NDA meeting. According to Forest Labs, the delay related to resolving chemistry, manufacturing and control (CMC) specifications associated with the combination formulation. Forest Labs and Almirall are working with the FDA to address the CMC related comments given at the pre-NDA meeting to determine the future course of action, and it expects to provide an update when more data is available. Further, the Company said that this deferment decision does not affect the Tudorza (aclidinium bromide) monotherapy product. The Full Research Report on Forest Laboratories Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/ea24_FRX]
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Avanir Pharmaceuticals Research Report
On August 22, 2013, Avanir Pharmaceuticals (Avanir) announced the publication of the findings from the PRISM patient registry in PLOS ONE, an international, peer-reviewed, open-access medical journal. PRISM was the largest registry ever conducted to deeply understand the prevalence and impact of pseudobulbar affect (PBA) in the United States. Randall Kaye, MD, Chief Medical Officer at Avanir commented, "The results from PRISM demonstrate that PBA symptoms are common among patients with diverse neurological conditions R. Higher CNS-LS scores were associated with significantly worse quality of life scores and greater use of antipsychotic/antidepressant medications. Publication of this important information will help healthcare practitioners better appreciate the frequency and multi-faceted impact of PBA symptoms in their neurologic patients." The Full Research Report on Avanir Pharmaceuticals - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/2ee8_AVNR]
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Cubist Pharmaceuticals Inc. Research Report
On August 28, 2013, Cubist Pharmaceuticals Inc. (Cubist) announced that its CEO, Mike Bonney, will present at the Morgan Stanley Global Healthcare Conference, where he will review the Company's business activities, financial outlook, and current news. Cubist further informed that the event will take place at the Grand Hyatt New York hotel in New York City on September 9, 2013 at 3:50 p.m. ET. An audio-only presentation will be available via the Company website through the Investor Relations Conference Calendar section, and will be available for at least 30 days after the presentations. The Full Research Report on Cubist Pharmaceuticals Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/92f2_CBST]
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Dr. Reddy's Laboratories Ltd. Research Report
On August 22, 2013, Dr. Reddy's Laboratories Ltd. (Dr. Reddy's) announced that it has successfully launched Divalproex Sodium Extended - Release Tablets, USP (250 mg and 500 mg), a therapeutic equivalent of the generic version of Depakote ER (divalproex sodium) Tablet, Extended Release in the US market on August 19, 2013. The Company informed that the United States Food & Drug Administration (USFDA) approved Dr. Reddy's ANDA for Divalproex Sodium Extended- Release Tablets, USP. Further, according to an IMS Heath report, the Depakote ER brand and generic had combined U.S. sales of approximately $194 million MAT for the most recent twelve months ending in June 2013. The Full Research Report on Dr. Reddy's Laboratories Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/ea85_RDY]
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