Annual Meetings, Clinical Data Presentation, Acquisitions, Agreements, and Date Extensions - Analyst Notes on Omnicare, Auxilium, Covance, Ophthotech and Keryx

NEW YORK, May 27, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Omnicare Inc. (NYSE: OCR), Auxilium Pharmaceuticals Inc. (NASDAQ: AUXL), Covance Inc. (NYSE: CVD), Ophthotech Corporation (NASDAQ: OPTH) and Keryx Biopharmaceuticals Inc. (NASDAQ: KERX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2974-100free.

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Omnicare Inc. Analyst Notes
On May 22, 2014, Omnicare Inc. (Omnicare) held its Annual Meeting of Stockholders in which nine directors were elected by stockholders to serve at the Company's Board of Directors until next year's Annual Meeting or until their respective successors are duly elected and qualified. Stockholders also approved the compensation paid to the Company's named executive officers. During the meeting, the Company's stockholders further ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for Omnicare in 2014, while also approving the adoption of the 2014 Stock and Incentive Plan and re-approving the performance criteria under the Annual Incentive Plan for Senior Executive Officers. The full analyst notes on Omnicare are available to download free of charge at:

http://www.analystsreview.com/2974-OCR-27May2014.pdf

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Auxilium Pharmaceuticals Inc. Analyst Notes
On May 19, 2014, Auxilium Pharmaceuticals Inc. (Auxilium) announced the presentation of new analyses of data from its clinical program and pivotal IMPRESS (The Investigation for Maximal Peyronie's Reduction Efficacy and Safety Studies) trials, the Phase 3 studies dealing with the evaluation of XIAFLEX® for the treatment of Peyronie's disease (PD). The said data were presented at the American Urological Association Meeting held in Orlando, Florida on May 16-21, 2014. Highlights of the presentation include findings that 75% of men with PD treated with XIAFLEX in the studies reported a 25% or greater improvement in penile curvature deformity. The presentation also highlighted that there was no detectable effect of XIAFLEX on the structure of blood vessels, nerves and fibroblasts at any dose evaluated. The full analyst notes on Auxilium are available to download free of charge at:

http://www.analystsreview.com/2974-AUXL-27May2014.pdf

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Covance Inc. Analyst Notes
On May 19, 2014, Covance Inc. (Covance) announced that it has acquired Medaxial, a London-based value communication consultancy, providing clients an integrated approach to market access strategy, health economic modeling, and data dissemination services. The Company stated that after this acquisition, its market access services are expected to be better positioned to serve clients worldwide. Commenting on the acquisition, Vice President and General Manager, Covance Market Access, Marc Ginsky said, "This acquisition will enhance Covance's ability to bring value communication solutions to our clients, beginning early in drug development and continuing through regulatory approval, reimbursement, and commercial success". The full analyst notes on Covance are available to download free of charge at:

http://www.analystsreview.com/2974-CVD-27May2014.pdf

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Ophthotech Corporation Analyst Notes
On May 19, 2014, Ophthotech Corporation (Ophthotech) announced an ex-US licensing and commercialization agreement with Novartis Pharmaceuticals focused on the treatment of wet age-related macular degeneration (AMD). The agreement grants Novartis exclusive rights to commercialize Ophthotech's Fovista® in markets outside the United States while Ophthotech retains sole rights to commercialize Fovista® in the United States. According to the Company, potential payments to Ophthotech under the agreement could be over $1 billion in upfront and milestone payments, excluding future royalties. Ophthotech stated that this collaboration is in line with the Fovista development strategy to remain agnostic with respect to the choice of the anti-VEGF agent administered in combination with Fovista. Ophthotech's CEO and Chairman David R. Guyer, M.D. said, "This agreement represents an important achievement for the Company as we continue to execute on a strategy to deliver science-driven retinal products and offer physicians multiple treatment options to improve patient outcome." The full analyst notes on Ophthotech are available to download free of charge at:

http://www.analystsreview.com/2974-OPTH-27May2014.pdf

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Keryx Biopharmaceuticals Inc. Analyst Notes
On May 22, 2014, Keryx Biopharmaceuticals Inc. (Keryx) announced that the U.S. Food and Drug Administration (FDA) has extended the initial Prescription Drug User Fee Act (PDUFA) goal date to September 7, 2014 for its review of the Company's New Drug Application (NDA) seeking marketing approval of ZerenexTM (ferric citrate). The Company stated that the FDA extended the goal date by three months to provide time to fully review the submission recently made by the Company in response to a Chemistry, Manufacturing and Controls (CMC) section information request from the FDA. Commenting on the FDA extension, Keryx CEO Ron Bentsur said, "We believe that we have sufficiently responded to the questions that we have received to date and will work with the FDA to answer any additional questions that they may have in order to complete their review of the Zerenex NDA". The full analyst notes on Keryx are available to download free of charge at:

http://www.analystsreview.com/2974-KERX-27May2014.pdf

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