Drug Approvals, Financial Results, Upcoming Earnings, Technical Updates, and New Products - Research Reports on Amgen, Mylan, Biogen, Perrigo and Zimmer
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NEW YORK, August 11, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Amgen Inc. (NASDAQ: AMGN), Mylan, Inc. (NASDAQ: MYL), Biogen Idec Inc. (NASDAQ: BIIB), Perrigo Company PLC (NYSE: PRGO) and Zimmer Holdings, Inc. (NYSE: ZMH). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5618-100free.
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Amgen Inc. Research Reports
On August 4, 2014, Amgen Inc. (Amgen) and its subsidiary, Onyx Pharmaceuticals, Inc., announced that a planned interim analysis demonstrated that the Phase III clinical trial ASPIRE (CArfilzomib, Lenalidomide, and DexamethaSone versus Lenalidomide and Dexamethasone for the treatment of Patients with Relapsed Multiple MyEloma) met its primary endpoint of progression-free survival. According to the Company, patients treated with Kyprolis (carfilzomib) for Injection in combination with Revlimid (lenalidomide) and low-dose dexamethasone (KRd) lived significantly longer without their disease worsening (median 26.3 months) compared to patients treated with Revlimid and low-dose dexamethasone (Rd) (median 17.6 months). According to Amgen, while the data for overall survival, a secondary endpoint, are not yet mature, the analysis showed a trend in favor of KRd that did not reach statistical significance. Amgen informed that it would submit the results for presentation at the 56th Annual Meeting of the American Society of Hematology, scheduled for December 6 to December 9, 2014, at Moscone Center, San Francisco, California. The full research reports on Amgen are available to download free of charge at:
http://www.analystsreview.com/Aug-11-2014/AMGN/report.pdf
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Mylan, Inc. Research Reports
On August 6, 2014, the shares of Mylan, Inc. fell 1.13% from its previous day's close to end the trading session at $47.92. The stock opened at $47.83, touched an intraday high of $48.04 and a low of $47.53. A total of 6.78 million changed hands, higher than the 30-day average trading volume of 4.80 million shares. The stock has 52-week low of $34.46 and a 52-week high of $57.52. Over the past 12-months, the stock has gained an upside of 31.65%, outperforming the NASDAQ Composite, which returned 18.04%, during the same time period. The full research reports on Mylan are available to download free of charge at:
http://www.analystsreview.com/Aug-11-2014/MYL/report.pdf
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Biogen Idec Inc. Research Reports
On July 23, 2014, Biogen Idec Inc. (Biogen) announced that the European Commission (EC) has granted marketing authorization for PLEGRIDYTM (peginterferon beta-1a) as a treatment for adults with relapsing-remitting multiple sclerosis (RRMS), the most common form of multiple sclerosis (MS). Biogen informed that PLEGRIDY is dosed once every two weeks and is administered subcutaneously with the PLEGRIDY PEN, a new ready-to-use autoinjector, or a prefilled syringe. Biogen informed that the EC approval of PLEGRIDY is based on results from one of the largest pivotal studies of a beta interferon conducted, ADVANCE1, which involved more than 1,500 patients with relapsing forms of MS. The full research reports on Biogen are available to download free of charge at:
http://www.analystsreview.com/Aug-11-2014/BIIB/report.pdf
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Perrigo Company PLC Research Reports
On August 5, 2014, Sergeant's Pet Care Products, Inc, - a Perrigo Company PLC (Perrigo) group Company introduced SENTRY® Petrodex® advanced dental care calming kit for dogs. The Company stated that the product which is available at pet specialty retailers includes Triple Action Calming Toothpaste, a Dual-Ended Toothbrush and a Finger Toothbrush. "Our new SENTRY® Petrodex® Advanced Dental Care Calming Kit targets plaque and build up while helping to keep dogs calm while their teeth are brushed," said Caryn Stichler, Vice President of marketing, Sergeant's Pet Care Products, Inc. In another press release dated July, 31,2014, the Company informed that it will release its earnings for Q4 FY 2014 and full-year FY 2014 on August 14, 2014 at 8:00 a.m (ET), followed by a conference call at 10:00 a.m.(ET) hosted by Joseph C. Papa, Perrigo's Chairman, President and CEO. The full research reports on Perrigo are available to download free of charge at:
http://www.analystsreview.com/Aug-11-2014/PRGO/report.pdf
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Zimmer Holdings, Inc. Research Reports
On July 24, 2014, Zimmer Holdings, Inc. (Zimmer) released its Q2 2014 financial results. Net sales increased 1.2% YoY to $1.2 billion (an increase of 0.9% YoY on constant currency). Net earnings were $176.5 million versus $152.1 million in Q2 2013, while adjusted net earnings increased 4.6% YoY to $254.7 million. Zimmer anticipates full-year 2014 revenues to increase between 2.0% and 3.0% YoY on a constant currency basis versus the prior range of 3% to 5% YoY. The Company revised its full-year 2014 diluted EPS guidance to be in a range of $4.65 to $4.75 from the prior guidance of $4.90 to $5.10. David Dvorak, President and CEO of Zimmer, said, "Our confidence in the opportunity to create value in the musculoskeletal market remains strong. In addition, we are excited about the progress we are making in working with the Biomet leadership team to plan our combination, and we continue to anticipate closing the merger in the first quarter of 2015." The full research reports on Zimmer are available to download free of charge at:
http://www.analystsreview.com/Aug-11-2014/ZMH/report.pdf
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