Clinical Trial Initiation, Executive Appointments, Priced Offering, FDA Clearance, and Upcoming Conferences - Analyst Notes on Cytokinetics, Quintiles, Kindred, Volcano, and Novadaq
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NEW YORK, April 1, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Cytokinetics, Inc. (NASDAQ: CYTK), Quintiles Transnational Holdings, Inc. (NYSE: Q), Kindred Healthcare, Inc. (NYSE: KND), Volcano Corporation (NASDAQ: VOLC), and Novadaq Technologies Inc. (NASDAQ: NVDQ). 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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Cytokinetics, Inc. Analyst Notes
On March 27, 2014, Cytokinetics, Inc. (Cytokinetics) announced the initiation of an additional Phase I clinical trial of CK-2127107. Cytokinetics informed that the trail, called CY 5012, aims to assess the safety, tolerability, and pharmacokinetics of CK-2127107 following multiple ascending doses in healthy volunteers. The Company informed that the initiation of the clinical trial will result in a $2.0 million milestone payment from Astellas Pharma Inc. (Astellas) to Cytokinetics under the terms of the collaboration between the Companies established in June 2013. Commenting on the trial, Fady Malik, MD, PhD, Senior Vice President of Research and Early Development at Cytokinetics, stated, "This multi-dose clinical trial of CK-2127107 is another in the series of Phase I trials that Cytokinetics is conducting on behalf of the collaboration. These studies along with other Phase II readiness activities will inform the potential progression of CK 2127107 into a Phase II development program focused on non-neuromuscular indications." The full analyst notes on Cytokinetics, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04012014/CYTK/report.pdf
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Quintiles Transnational Holdings, Inc. Analyst Notes
On March 27, 2014, Quintiles Transnational Holdings, Inc. (Quintiles) announced the appointment of Stella Blackburn, M.B.B.S to the position of Vice President and Global Head of Risk Management for the Company's Real-World & Late Phase Research group. The Company stated that in this role, Dr. Blackburn will lead the group's risk management efforts in North America, European Union, and Asia-Pacific. Quintiles informed that prior to joining the Company, Dr. Blackburn was Risk Management Development and Scientific Lead for the European Medicines AgencyThe full analyst notes on Quintiles Transnational Holdings, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04012014/Q/report.pdf
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Kindred Healthcare, Inc. Analyst Notes
On March 26, 2014, Kindred Healthcare, Inc. (Kindred) announced the pricing of its previously announced offering of $500.0 million aggregate principal amount of 6.375% senior notes due 2022 at an issue price of 100%. The Company informed that it anticipates the closing of the offering on April 9, 2014. Kindred added that it intends to use the net proceeds from the sale of the notes and borrowings under certain senior secured credit facilities to redeem and repurchase its outstanding $550 million of existing 8.25% senior notes due 2019. The full analyst notes on Kindred Healthcare, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04012014/KND/report.pdf
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Volcano Corporation Analyst Notes
On March 19, 2014, Volcano Corporation (Volcano) announced that it has received FDA clearance for its proprietary instant wave-Free Ratio™ or iFR® Modality. The Company informed that the iFR Modality is currently installed on over 300 systems around the world, mainly in Europe and Japan. Volcano stated that the FDA Clearance allows 90% of the Company's worldwide installed base of multi-modality systems to be upgraded. According to Volcano, the iFR® Modality is used most efficiently with the Company's recently-introduced Verrata™ Pressure Guide Wire. Commenting on the clearance, Joe Burnett, Executive Vice President and General Manager of the FM Business at Volcano, stated, "We are extremely excited that both the iFR Modality and Verrata can now be made available to clinicians here in the United States, as the two tools are designed to be used together. In Europe, where we are now seeing how physicians use the two technologies alongside FFR, the feedback has been very positive." The full analyst notes on Volcano Corporation are available to download free of charge at:
http://www.AnalystsReview.com/04012014/VOLC/report.pdf
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Novadaq Technologies, Inc. Analyst Notes
On March 25, 2014, Novadaq Technologies, Inc. (Novadaq) announced that it will be participating at the 13th Annual Needham Healthcare Conference. The Company stated that its Vice President of Corporate Development & Investor Relations, David Martin, is scheduled to present Novadaq's corporate overview on April 8, 2014 at 4:20 p.m. ET at the Westin Grand Central Hotel in New York. Novadaq added that the presentation will be webcast live and will also be archived for 90 days on the Company website. The full analyst notes on Novadaq Technologies, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04012014/NVDQ/report.pdf
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