Court Orders, Stock Price Movements, FDA Approvals and Strategic Collaborations - Research Report on Johnson & Johnson, Santarus, Salix, St. Jude Medical, and Covance
NEW YORK, November 21, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Johnson & Johnson (NYSE: JNJ), Santarus, Inc. (NASDAQ: SNTS), Salix Pharmaceuticals, Ltd. (NASDAQ: SLXP), St. Jude Medical, Inc. (NYSE: STJ) and Covance Inc. (NYSE: CVD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Johnson & Johnson Research Report
On November 19, 2013, Bloomberg reported that Janssen Pharmaceuticals (Janssen), a unit of Johnson & Johnson family of Companies (Johnson & Johnson), was ordered by a Philadelphia jury to pay $11 million in a case claiming that the Company's anti-seizure drug Topamax caused birth defects. According to the Bloomberg report, jurors in state court in Philadelphia found that Janssen Pharmaceuticals failed to adequately warn doctors for Haley Powell, a stay-at-home mother, of the risks of Topamax before she gave birth to a son with a cleft lip. The Bloomberg report added that Janssen lost a c.$4.0 million verdict on October 30, 2013 in a lawsuit brought by Virginia resident April Czimmer for injuries to her six-year-old son. Bloomberg reported that Janssen will appeal the verdicts in both cases. The Full Research Report on Johnson & Johnson - 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/07a8_JNJ
Santarus, Inc. Research Report
On November 18, 2013, Santarus, Inc.'s (Santarus) stock rose 0.06%, ending the day at $32.12. Over the previous three trading sessions, shares of Santarus gained 0.47%, compared to the Nasdaq Composite which declined 0.42% during the same period. The Full Research Report on Santarus, 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/22f8_SNTS
Salix Pharmaceuticals, Ltd. Research Report
On November 18, 2013, Salix Pharmaceuticals, Ltd. (Salix) announced that the Center for Devices and Radiological Health (CDRH) of the Food and Drug Administration (FDA) has approved Deflux premarket approval (PMA) supplement, which requested approval of labeling changes to add two additional techniques for injection, a single intra-ureteric injection (HIT procedure) and a double (proximal and distal) intra-ureteric injection (Double-HIT procedure). According to the Company, the Double-HIT procedure is a refinement of the original STING and HIT procedures and has been reported to result in greater clinical success rates. Carolyn Logan, President and CEO of Salix said, "Deflux® has always been an effective, minimally invasive option for children suffering from vesicoureteral reflux grades II-IV. This approval and update to the Deflux® labeling provides pediatric urologists even more confidence to offer Deflux to families." The Full Research Report on Salix Pharmaceuticals, Ltd. - 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/04fa_SLXP
St. Jude Medical, Inc. Research Report
On November 18, 2013, St. Jude Medical, Inc.'s (St. Jude Medical) stock declined 0.98%, ending the day at $56.81. Over the previous three trading sessions, shares of St. Jude Medical declined 1.47% compared to the S&P 500 which gained 0.53% during the same period. The Full Research Report on St. Jude Medical, 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/b338_STJ
Covance Inc. Research Report
On November 18, 2013, Covance Inc. (Covance) and NeoGenomics Inc. (NeoGenomics) announced a strategic collaboration to jointly provide anatomic pathology and specialty laboratory testing services for global clinical trials. Covance stated that through this alliance, its clients will gain access to fully integrated anatomic pathology and histology (APH) services, including immunohistochemistry (IHC), fluorescence in-situ hybridization (FISH), and molecular testing. The Company stated that as part of the alliance, Covance will have access to NeoGenomics' extensive medical and scientific networks while NeoGenomics gains access to Covance's broad market reach, established client relationships, and extensive clinical trials experience. Covance added that it will develop a laboratory at NeoGenomics' Fort Myers, Florida facility and will provide a full range of APH, tissue-based biomarkers and other specialty testing services. Paul Kirchgraber, M.D., Vice President of Laboratory Operations & Medical Affairs, Covance Central Laboratory Services, said, "The collaboration with NeoGenomics will offer our clients fully integrated anatomic pathology services from sample preparation, staining and imaging, to pathology interpretation by leading pathologists, in an end-to-end manner." According to Covance, the companies will expand joint capabilities globally at Covance's central laboratory locations in Shanghai, China; Geneva, Switzerland; and Singapore. The Full Research Report on Covance 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/5691_CVD
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