Clinical Trial Updates, Appointments, FDA Acknowledgments and Qualifications - Research Report on Novartis, Endo, The Medicines Company, United Therapeutics, and Forest
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NEW YORK, September 17, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Novartis AG (NYSE: NVS), Endo Health Solutions Inc. (NASDAQ: ENDP), The Medicines Company (NASDAQ: MDCO), United Therapeutics Corporation (NASDAQ: UTHR), and Forest Laboratories, Inc. (NYSE: FRX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Novartis AG Research Report
On September 8, 2013, Novartis AG (Novartis) announced new analyses of data for once-daily Ultibro Breezhaler (investigational QVA149), which showed significant improvements in lung function, shortness of breath, and health-related quality of life for chronic obstructive pulmonary disease (COPD) patients, versus all comparators. "Novartis is pleased that these new analyses further support that the efficacy of dual therapy, which has the potential to make a real difference to peoples' lives," said Tim Wright, Head of Development at Novartis Pharmaceuticals. According to Novartis, investigational QVA149 is currently being assessed in a clinical trial program involving over 10,000 patients, and in July 2013, it received a positive opinion for approval from the European Medicine Agency's (EMA) Committee for the Human use of Medicinal Products (CHMP) as a maintenance bronchodilator treatment to relieve symptoms in adult patients with COPD. The Full Research Report on Novartis AG - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-12/NVS]
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Endo Health Solutions Inc. Research Report
On September 9, 2013, Endo Health Solutions Inc. (Endo) announced the appointment of Suketu Upadhyay as the Company's Executive Vice President and CFO, effective September 23, 2013. Prior to joining Endo, Upadhyay served at Becton, Dickinson & Company's (BD) as the Principal Accounting Officer and interim CFO. Rajiv De Silva, President and CEO of Endo said, "He brings significant healthcare industry experience and a track record of delivering value that will be instrumental in the execution of our new growth strategy. His breadth of experience will be an asset to the company as we chart our course forward." The Full Research Report on Endo Health Solutions Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-12/ENDP]
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The Medicines Company Research Report
On September 10, 2013, The Medicines Company announced the results for its Phase 3 SOLO clinical trial program of oritavancin, which is currently under investigation for the treatment of acute bacterial skin and skin structure infections (ABSSSI) caused by susceptible gram-positive bacteria. Ralph Corey MD, Professor of Medicine and Infectious Disease at Duke University and Principal Investigator of the SOLO trials said, "What is unique about this study is it is testing an antibiotic where the full course of treatment has been given to the patient through one administration. This study shows that a single 1200 mg dose of oritavancin was non inferior to 7 to 10 days of vancomycin in treating ABSSSI caused by gram-positive pathogens including methicillin-resistant Staphylococcus aureus, MRSA." The Company informed that all protocol-specified primary and secondary efficacy endpoints were met in both SOLO I and SOLO II trials. The Full Research Report on The Medicines Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-12/MDCO]
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United Therapeutics Corporation Research Report
On September 11, 2013, United Therapeutics Corporation (United Therapeutics) announced that the FDA has acknowledged its resubmission of the NDA for treprostinil diolamine extended release tablets (oral treprostinil) for the treatment of pulmonary arterial hypertension. The Company informed that the FDA has classified the NDA resubmission as a complete, class 2 response to its March 22, 2013 complete response letter, and has set a user fee goal date of February 16, 2014. The Full Research Report on United Therapeutics Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-12/UTHR]
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Forest Laboratories, Inc. Research Report
On September 12, 2013, Forest Laboratories, Inc. (Forest) announced that the FDA has designated its investigational drug, ceftazidime/avibactam, as a qualified infectious disease product (QIDP). The Company informed that ceftazidime/avibactam is currently in Phase III trials to investigate efficacy in treating hospitalized patients with complicated intra-abdominal infections (cIAI) and complicated urinary tract infections (cUTI). The investigational drug has received QIDP designation for complicated intra-abdominal infections (cIAI), complicated urinary tract infections (cUTI) and hospital-acquired bacterial pneumonia/ventilator-associated bacterial pneumonia (HABP/VABP). The Full Research Report on Forest Laboratories, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-12/FRX]
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