Clinical Trial Results, Milestone Payments, New Board Members, and Executive Appointments - Analyst Notes on Cubist, Clovis, Ligand, Bio-Techne and Repligen
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NEW YORK, June 16, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Cubist Pharmaceuticals Inc. (NASDAQ: CBST), Clovis Oncology, Inc. (NASDAQ: CLVS), Ligand Pharmaceuticals Incorporated (NASDAQ: LGND), Techne Corp. (NASDAQ: TECH) and Repligen Corporation (NASDAQ: REGN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3298-100free.
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Cubist Pharmaceuticals Inc. Analyst Notes
On June 12, 2014, Cubist Pharmaceuticals Inc. (Cubist) stock declined slightly by 0.76% to end the day at $69.41. The Company's stock increased 1.06% over the past five trading days compared to the Nasdaq Composite which rose 0.03% during the same trading period. The full analyst notes on Cubist are available to download free of charge at:
http://www.analystsreview.com/Jun-16-2014/CBST/report.pdf
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Clovis Oncology, Inc. Analyst Notes
On May 31, 2014, Clovis Oncology, Inc. (Clovis) announced the final Phase 1 as well as preliminary Phase 2 results from an ongoing Phase 1/2 monotherapy study of Rucaparib. Rucaparib is the Company's investigational oral, potent, small molecule inhibitor of PARP1 and PARP2, which is being developed for the maintenance treatment of platinum-sensitive ovarian cancer in patients with homologous recombination deficient (HRD) tumors. "These data demonstrate rucaparib's very encouraging clinical efficacy and tolerability profile in patients with solid tumors, which is now being explored in the ARIEL program in patients with ovarian cancer as well as the RucaPanc study in pancreatic cancer patients, each of which represents an area of significant unmet need," said Patrick J. Mahaffy, President and CEO of Clovis Oncology. The full analyst notes on Clovis are available to download free of charge at:
http://www.analystsreview.com/Jun-16-2014/CLVS/report.pdf
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Ligand Pharmaceuticals Incorporated Analyst Notes
On May 12, 2014, Ligand Pharmaceuticals Inc. (Ligand) announced that it has earned a milestone payment totaling $150,000 from SAGE Therapeutics. The Company informed that the milestone was in connection to a previous commencement by SAGE of a Phase 1/2 clinical trial of SAGE-547 for the treatment of super-refractory status epilepticus (SRSE). SRSE is a life-threatening seizure condition in which the brain is in a state of persistent seizure. John Higgins, President and CEO of Ligand said, "The treatment options for status epilepticus, a life-threatening disease, are inherently limited and there are no specifically approved therapies for SRSE. Our partnership with SAGE is but one example of Ligand's science and technologies being utilized under licensing agreements to develop or improve treatments across a variety of medical conditions." The full analyst notes on Ligand are available to download free of charge at:
http://www.analystsreview.com/Jun-16-2014/LGND/report.pdf
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Techne Corp. Analyst Notes
On May 15, 2014, Techne Corp. (Bio-Techne) announced that Harold Wiens, a 30+ year veteran of 3M company, has joined Bio-Techne's Board of Directors. According to the Company, his appointment brings additional seasoned global business experience to an already well-established team. Bio-Techne President and CEO, Chuck Kummeth said, "Harold brings amazing attributes and experiences to our board at a critical time as we expand the company globally and drive customer focus and innovation. Harold is deeply knowledgeable in international business practices and, as we drive growth and more innovation here at Bio-Techne, he will be instrumental in guiding balance between operations and accelerated growth." The full analyst notes on Bio-Techne are available to download free of charge at:
http://www.analystsreview.com/Jun-16-2014/TECH/report.pdf
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Repligen Corporation Analyst Notes
On May 6, 2014, Repligen Corp. (Repligen) announced that Tony J. Hunt has been appointed to the Company's newly created position of Chief Operating Officer. "We welcome Tony to the Repligen management team, where his industry knowledge and understanding of bioproduction market drivers will help guide the expansion of our commercial operations," said Walter C. Herlihy, Ph.D., President and CEO of Repligen. "The expertise that Tony brings is particularly well aligned to Repligen's needs as we pursue multiple opportunities to grow our bioprocessing business." Mr. Hunt most recently served as the President, BioProduction at Life Technologies, where he played a key role in the development and growth of the company's bioprocessing business. The full analyst notes on Repligen are available to download free of charge at:
http://www.analystsreview.com/Jun-16-2014/REGN/report.pdf
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