Data Presentations, Orphan Drug Designations, FDA Applications and Reviews, Drug Market Expansion - Research Report on ACADIA Pharmaceuticals, ViroPharma, Santarus, Cytokinetics, and Exact Sciences
NEW YORK, June 24, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD), ViroPharma Inc. (NASDAQ: VPHM), Santarus, Inc. (NASDAQ: SNTS), Cytokinetics Incorporated (NASDAQ: CYTK), and Exact Sciences Corporation (NASDAQ: EXAS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
ACADIA Pharmaceuticals Inc. Research Report
On June 18, 2013, ACADIA Pharmaceuticals Inc. (ACADIA Pharmaceuticals) presented data from its Phase III program with pimavanserin for Parkinson's disease psychosis (PDP), including data from its pivotal -020 Study and the related, open-label safety extension study, during the poster session at the 17th International Congress of Parkinson's Disease and Movement Disorders in Sydney, Australia. Uli Hacksell, Ph.D., CEO of ACADIA Pharmaceuticals, stated, "Data from our open-label safety extension study indicate that long-term administration of pimavanserin is generally safe and well tolerated in PDP patients and suggest that duration of antipsychotic effect may be maintained for longer than the six weeks investigated in our pivotal -020 Study." Hacksell continued, "The overall efficacy and safety profile observed to date shows that pimavanserin has the potential to offer a new treatment option that may provide significant advantages relative to current antipsychotics used off-label for the treatment of PDP." The Full Research Report on ACADIA Pharmaceuticals Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/34b6_ACAD]
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ViroPharma Inc. Research Report
On June 11, 2013, ViroPharma Inc. (ViroPharma) announced that maribavir has been granted the orphan drug designation by the European Commission. Maribavir is a treatment for cytomegaloviral (CMV) disease in patients with impaired cell mediated immunity. Under EMA protocol, the Orphan Medicinal Product Designation provides 10 years of potential market exclusivity if the product candidate is approved for marketing in the European Union and the orphan designation is maintained. John Watson, ViroPharma's Senior Director of Regulatory Affairs in Europe, commented, "We are very pleased to receive orphan designation for maribavir from the European Commission. This designation recognizes the potential of maribavir to address great unmet medical needs. We commend the European Commission for providing incentives such as this for the development of drugs for rare and life threatening diseases." The Full Research Report on ViroPharma Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/cf37_VPHM]
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Santarus, Inc.Research Report
On June 18, 2013, Santarus, Inc. (Santarus) and Pharming Group NV announced that the US Food and Drug Administration (FDA) has accepted the Biologics License Application (BLA) for review of RUCONEST (recombinant human C1 esterase inhibitor) 50 IU/kg. Gerald T. Proehl, President and CEO of Santarus, said, "RUCONEST is the first recombinant C1 esterase inhibitor developed with the goal of treating the pain and swelling associated with acute HAE attacks. We believe RUCONEST has the potential to be an important new therapeutic option for patients experiencing acute HAE attacks based on the data contained in the BLA from ten clinical studies covering 940 administrations of the drug." The Company expects the US FDA to complete the review of RUCONEST or otherwise respond to the RUCONEST BLA by April 16, 2014. 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.WSReports.com/r/full_research_report/28f6_SNTS]
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Cytokinetics Incorporated Research Report
On June 12, 2013, Cytokinetics Incorporated (Cytokinetics) and Amgen announced an expansion of their strategic partnership to include Japan. Under the amended agreement, Cytokinetics will give Amgen the license for omecamtiv mecarbil and related compounds to include Japan, which was excluded from the initial terms of collaboration entered in 2006. Cytokinetics is expected to receive $25 million, composed of non-refundable license fee of $15 million and $10 million for Amgen's purchase of the Company's common stock. Robert I. Blum, President and CEO of Cytokinetics, commented, "Our decision to amend the agreement at this time is based on our confidence in the progress of our collaborative development program for omecamtiv mecarbil and on Amgen's recent commitment to expand its business activities in Japan. We look forward to the integration of Japan into our collaboration's global development plan for this promising drug candidate." The Full Research Report on Cytokinetics Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/5a39_CYTK]
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Exact Sciences Corporation Research Report
On June 10, 2013, Exact Sciences Corporation (Exact Sciences) submitted the final module of the premarket approval (PMA) application for Cologuard, a stool DNA (sDNA) colorectal screening test, to the US Food and Drug Administration (FDA). Kevin T. Conroy, President and CEO of Exact Sciences, stated, "The completion of our PMA submission to the FDA is the most significant milestone in the company's history and a big step forward in helping physicians make the battle against colorectal cancer a winning one." Conroy continued, "I want to thank the tremendous team at Exact Sciences and our collaborators for their outstanding work. We share a passion for delivering our breakthrough colorectal cancer screening test to the physicians and patients who need it. Now, we look forward to continuing to work with the FDA through the review process." The Full Research Report on Exact Sciences Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/984c_EXAS ]
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SOURCE Wall Street Reports
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