Clinical Trial Data, Stock Price Movements, Financial Results, and Diagnostic Tests - Research Report on Volcano, Health Management, MAKO, Haemonetics, and Alere
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NEW YORK, November 6, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Volcano Corporation (NASDAQ: VOLC), Health Management Associates Inc. (NYSE: HMA), MAKO Surgical Corp. (NASDAQ: MAKO), Haemonetics Corporation (NYSE: HAE) and Alere Inc. (NYSE: ALR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Volcano Corporation Research Report
On October 30, 2013, Volcano Corporation (Volcano) announced final results of ADVISE (Adenosine Vasodilator Independent Stenosis Evaluation) II, a prospective, double-blind, global, multicenter registry designed to investigate the diagnostic utility of the instant wave-Free Ratio (iFR) Modality in assessing the severity of coronary stenosis. According to the Company, the final results confirm earlier findings and show that the hybrid iFR/FFR (Fractional Flow Reserve) approach correctly matched an FFR-only approach in 94.2% of coronary stenosis and successfully avoided use of adenosine in 65.1% of patients. Commenting on the results, Joe Burnett, Executive Vice President and General Manager of Volcano's Functional Management Business, said, "ADVISE II is important because it shows that the retrospective performance of the iFR algorithm has now been confirmed in a controlled, prospective manner at 40 global centers with many different users. This represents the final stage in our validation of iFR compared with other physiologic indices and gives us the confidence to move forward with a series of outcome studies where iFR will contribute to clinical decision making live in the cath lab , including the SYNTAX II trial and the DEFINE family of studies." The Full Research Report on Volcano Corporation - 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/14bf_VOLC]
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Health Management Associates Inc. Research Report
On November 1, 2013, Health Management Associates Inc.'s (Health Management) stock declined 0.23%, ending the day at $12.79. Over the previous three trading sessions, shares of Health Management have declined 1.01% compared to the S&P 500 which declined 0.58% during the same period. The Full Research Report on Health Management Associates 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/9ce8_HMA]
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MAKO Surgical Corp. Research Report
On November 1, 2013, MAKO Surgical Corp.'s (MAKO) stock rose 0.07%, ending the day at $29.83. Over the previous three trading sessions, the shares of MAKO declined 0.10% compared to the Nasdaq Composite which declined 0.77% during the same period. The Full Research Report on MAKO Surgical Corp. - 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/7465_MAKO]
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Haemonetics Corporation Research Report
On October 28, 2013, Haemonetics Corporation (Haemonetics) reported its Q2 FY 2014 financial results (period ended September 28, 2013). The Company's net revenues increased 8.1% YoY to $235.8 million during the quarter. Net income was $16.5 million or $0.32 per diluted share in Q2 FY 2014, compared to $6.5 million or $0.13 per diluted share in Q2 FY 2013. Commenting on the results, Brian Concannon, Haemonetics' President and CEO, said, "This quarter's revenue performance included a 12% increase in identified growth drivers representing over half our base revenue, offset by continued evidence of a weak U.S. market being driven by improved blood management practices. Our focus on productivity and expense management drove solid profitability gains. We are making excellent progress advancing our Value Creation & Capture initiatives, providing us the necessary flexibility to compete in this new environment." For full-year FY 2014, the Company anticipates organic revenue to grow by 0% to 2% on a reported basis. The Full Research Report on Haemonetics Corporation - 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/7c61_HAE]
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Alere Inc. Research Report
On October 29, 2013, Alere Inc. (Alere) announced that Alere Determine HIV-1/2 Ag/Ab Combo test is immediately available in US. According to the Company, the said test is the first U.S. Food and Drug Administration (FDA) approved rapid point-of-care test that detects both HIV-1/2 antibodies and HIV-1 p24 antigen, which can appear days after infection and prior to HIV-1/2 antibodies. Joe Medeiros, Director of Marketing, North America Virology Solutions at Alere, commented, "The availability of the Alere Determine Combo test will contribute measurably to public health by helping HIV-positive individuals to become aware of their HIV status earlier, thereby potentially reducing HIV transmission. Earlier diagnosis can also allow effective treatment to be started without delay." Alere informed that Alere Determine HIV1/2 Ag/Ab Combo is currently available to all health facilities and laboratories that are licensed to conduct tests of moderate complexity under the CLIA (Clinical Laboratory Improvement Amendments) program. The Company added that Alere Determine HIV-1/2 Ag/Ab Combo test is currently undergoing CLIA-waiver studies to demonstrate its ease of use, safety, and accuracy. Alere further stated that it plans to submit to the FDA its application to categorize Alere Determine HIV-1/2 Ag/Ab Combo as a CLIA-waived test in Q4 2013, in order to make it widely available in physician offices and public settings. The Full Research Report on Alere 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/5da1_ALR]
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