Clinical Study Initiations, Stock Price Updates, and Strategic Agreements - Analyst Notes on Ariad, Jazz, Intercept, Community Health, and United Technologies
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NEW YORK, April 2, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Ariad Pharmaceuticals Inc. (NASDAQ: ARIA), Jazz Pharmaceuticals Plc (NASDAQ: JAZZ), Intercept Pharmaceuticals Inc. (NASDAQ: ICPT), Community Health Systems, Inc. (NYSE: CYH), and United Technologies Corporation (NYSE: UTX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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Ariad Pharmaceuticals Inc. Analyst Notes
On March 24, 2014, Ariad Pharmaceuticals Inc. (Ariad) announced the commencement of a pivotal global Phase II trial of AP26113 in patients with locally advanced or metastatic non-small cell lung cancer (NSCLC) who were previously treated with crizotinib. According to Ariad, the ALTA (ALK in Lung Cancer Trial of AP26113) trial, designed to determine the safety and efficacy of AP26113 in refractory NSCLC patients who test positive for the anaplastic lymphoma kinase (ALK+) oncogene, will have primary endpoint as objective response rate (ORR) which is measured by RECIST criteria. Secondary endpoints include time to response, duration of response, disease control rate, progression-free survival, overall survival, safety, and tolerability. The full analyst notes on Ariad Pharmaceuticals Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/ARIA/report.pdf
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Jazz Pharmaceuticals Plc Analyst Notes
On March 28, 2014, the stock of Jazz Pharmaceuticals Plc (Jazz) ended lower by 3.29% at $133.46, amidst rumors in some sections of the media that the Company is willing to pay $20-plus a share to acquire oncology-focused Ariad Pharmaceuticals Inc. After opening at $136.86, the stock oscillated in the range of $131.51 - $137.95, with a total of 1.22 million shares changing hands. Over the past 12 months, the stock has increased by 138.71%, significantly outperforming the Dow Jones Industrial Average which rose 11.97% during the same period. The full analyst notes on Jazz Pharmaceuticals Plc are available to download free of charge at:
http://www.AnalystsReview.com/04020214/JAZZ/report.pdf
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Intercept Pharmaceuticals Inc. Analyst Notes
On March 28, 2014, the stock of Intercept Pharmaceuticals Inc. (Intercept) resumed its southward journey after a brief relief and ended the session lower by 3.47% at $317.58. The stock opened at $326.48 and traded in the range of $313.14 - $335.98, with a total volume of 0.50 million shares. The stock, which quadrupled in just one day on January 9, 2014 on positive clinical trial results, has declined 18.76% in last five trading sessions, which the analysts attribute to profit booking in the overall biotechnology sector. The NASDAQ Biotechnology index has slipped 7.02% in last five trading sessions. The full analyst notes on Intercept Pharmaceuticals Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/ICPT/report.pdf
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Community Health Systems, Inc. Analyst Notes
On March 19, 2014, Community Health Systems, Inc. (CHS) announced that a subsidiary of the Company has entered into a definitive agreement to lease 421-bed Munroe Regional Medical Center in Ocala, Florida, for a period of 40 years, starting Q2 2014. According to the Company, the agreement also provides for the creation of a clinical affiliation between Munroe Regional Medical Center and UF Health Shands, which will hold a minority equity position in the hospital operating company. Commenting on the development, Wayne T. Smith, Chairman and CEO of CHS, said, "We are very pleased to move forward in this relationship and look forward to working with the medical staff and employees of Munroe Regional in support of the quality care they provide for their community. We also look forward to the contributions UF Health Shands will bring to Munroe Regional and to the benefits of clinical affiliation with an academic healthcare leader in Florida." The full analyst notes on Community Health Systems, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/CYH/report.pdf
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United Technologies Corporation Analyst Notes
On March 28, 2014, the stock of United Technologies Corporation (UTC) closed at $114.81, up 0.89% from its previous day's close. After opening at $114.20, the stock oscillated in the range of $114.12 - $115.44. During the session, a total of 2.46 million shares were traded, which was lower than its 30-day average daily volume of 3.38 million. The stock has gained 22.88% in last 12 months, outperforming the Dow Jones Industrial Average which rose 11.97% during the same period. The full analyst notes on United Technologies Corporation are available to download free of charge at:
http://www.AnalystsReview.com/04022014/UTX/report.pdf
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