Drug Innovations, Higher Margins and Improving Standards of Clinical Research - Research Report on Quest Diagnostics, Trius, WuXi, Quintiles, and ICON

NEW YORK, August 15, 2013 /PRNewswire/ --

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Today, Analysts' Corner announced new research reports highlighting Quest Diagnostics Inc. (NYSE: DGX), Trius Therapeutics, Inc. (NASDAQ: TSRX), WuXi PharmaTech (Cayman) Inc. (NYSE: WX), Quintiles Transnational Holdings Inc. (NYSE: Q), and ICON plc (NASDAQ: ICLR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Quest Diagnostics Inc. Research Report

On August 8, 2013, Quest Diagnostics Inc. (Quest Diagnostics) announced that its new genetic test to assist in the delivery of personalized opioid pain-relieving treatment is available. "Genetic testing to personalize the use of pain-alleviating drug therapies is an exciting new clinical field with tremendous potential to promote favorable outcomes for the many millions of individuals struggling with pain," said Charles (Buck) Strom, MD, PhD, Senior Medical Director, Genetics, Quest Diagnostics. Strom added, "The inclusion of Transgenomic's gene discoveries into our genetic testing services will provide physicians with greater insights for safely and effectively administering opioid treatment." According to Quest Diagnostics, it is believed to be the first clinical lab to offer testing for variants in all cytochrome P450 (CYP450) genes known to influence the CYP450 enzyme system, which affects metabolism of opioids and other medications. The Full Research Report on Quest Diagnostics 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/05ba_DGX]

Trius Therapeutics, Inc. Research Report

On August 6, 2013, Trius Therapeutics, Inc. (Trius) reported its Q2 2013 financial results with total revenues of $1.3 million compared to $6.2 million in Q2 2012. Further, the Company reported an increase in net loss to $19.7 million, or $0.41 per diluted share, compared to net loss of $14.4 million, or $0.37 per diluted share, in Q2 2012, and the increase in net loss was primarily attributable to lower collaboration revenues and federal contracts. R&D expenses increased to $14.7 million in Q2 2013 from $16.4 million in Q2 2012 primarily due to lower clinical and development costs for tedizolid phosphate. Further, the Company plans to submit New Drug Applications (NDA) for the oral and intravenous dosage forms of tedizolid phosphate to the US Food and Drug Administration (FDA) in the second half of 2013. The Full Research Report on Trius Therapeutics, 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/15b0_TSRX]

WuXi PharmaTech (Cayman) Inc. Research Report

On August 12, 2013, WuXi PharmaTech Inc. (WuXi) reported its unaudited Q2 2013 financial results with reported net revenue growth of 9.2% YoY to $142.3 million. Net income increased 44.6% YoY to $29.6 million during the quarter. GAAP diluted EPS increased 45.5% YoY to $0.41. "By serving our customers well, we are achieving solid, broad-based revenue growth," said Dr. Ge Li, Chairman and Chief Executive Officer. "We exceeded our second-quarter 2013 revenue guidance, driven by excellent performances by China-based Laboratory Services and Manufacturing Services. We also exceeded our second-quarter 2013 EPS guidance. Year-over-year GAAP diluted EPS growth of 45.5% benefited from this revenue performance, gross margin improvement, large mark-to-market gains from foreign-exchange forward contracts, and lower tax expense." The Company increased its full-year 2013 revenue guidance to $572 million to $578 million and GAAP diluted EPS guidance to $1.38 to $1.44. The Full Research Report on WuXi PharmaTech (Cayman) 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/df7b_WX]

Quintiles Transnational Holdings Inc. Research Report

On August 1, 2013, Quintiles Transnational Holdings Inc. (Quintiles) reported its Q2 2013 financial results with service revenues declining 0.1% YoY to $944.2 million. Adjusted net income totaled $62.9 million, up 12.6% YoY. Diluted adjusted EPS stood at $0.50, up 6.4% YoY. "Quintiles delivered solid results overall with continued strength in new business wins," said Tom Pike, Quintiles' Chief Executive Officer. I am also pleased to report double-digit adjusted net income growth and improved margins on a year-to-date basis despite the negative impact on revenues that resulted from unfavorable foreign exchange rates." The Company expects its service revenues for 2013 to be in the range of $3.76 billion to $3.81 billion and diluted adjusted EPS to be in the range of $1.95 to $2.05. The Full Research Report on Quintiles Transnational Holdings 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/9f5c_Q]

ICON plc Research Report

On August 7, 2013, ICON Plc, (ICON) announced a collaboration agreement with the National Clinical Trials and Research Centre (NCTRC) to enhance set-up and management of clinical studies in Taiwan. Under the terms of the agreement, both organizations will collaborate on study start-up, site feasibility, key site and investigator selection and patient recruitment as well as improve the standards of clinical research in Taiwan. "We are very pleased to be collaborating with the NCTRC who are at the forefront of clinical research in Taiwan," commented Wei Ming Goh, ICON's Vice President, Asia-Pacific. "By combining the proven expertise of ICON and NCTRC in the region, we can further accelerate study timelines which will benefit our customers and also enhance the Taiwanese clinical trials industry." The Full Research Report on ICON plc - 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/fbb0_ICLR]

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SOURCE Analysts' Corner

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