Drug Launch, Market Activity, Appointments, and Special Meeting of Shareholders - Research Reports on Teva, Universal Health, Tenet, Allergan and Valeant
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NEW YORK, September 9, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Teva Pharmaceutical Industries Limited (NYSE: TEVA), Universal Health Services Inc. (NYSE: UHS), Tenet Healthcare Corp. (NYSE: THC), Allergan Inc. (NYSE: AGN) and Valeant Pharmaceuticals International, Inc. (NYSE: VRX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6317-100free.
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Teva Pharmaceutical Industries Limited Research Reports
On September 4, 2014, Teva Pharmaceuticals Industries Limited (Teva) announced the launch of the generic equivalent to Baraclude® (Entecavir) Tablets, 0.5mg and 1mg, in the U.S. The Company said that it was first to file for the U.S. regulatory approval for generic Baraclude, making it eligible for 180 days of marketing exclusivity. Teva added that Baraclude® (Entecavir) Tablets, 0.5mg and 1mg, marketed by Bristol-Myers Squibb, had annual sales of approximately $328 million in the U.S., according to IMS data as of June 2014. The full research reports on Teva are available to download free of charge at:
http://www.analystsreview.com/Sep-09-2014/TEVA/report.pdf
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Universal Health Services Inc. Research Reports
On September 4, 2014, the stock of Universal Health Services Inc. (Universal health) declined 3.10% to end the trading session at $108.00. After opening at $111.26, Universal Health's stock traded in the range of $105.40 - $112.03. The stock had hit a fresh 52-week high of $115.64 in the previous trading session. Shares in Universal Health have gained 1.05% in the last one month, compared to the Dow Jones Industrial Average which increased 3.90% during that period. Universal Health's stock is currently trading above its 50-day and 200-day moving averages of $103.54 and $87.78, respectively. The full research reports on Universal Health are available to download free of charge at:
http://www.analystsreview.com/Sep-09-2014/UHS/report.pdf
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Tenet Healthcare Corp. Research Reports
On September 4, 2014, Tenet Healthcare Corp. (Tenet Healthcare) reported the appointment of Matt Cowley as CEO of its Arizona health plan operations, effective September 22, 2014. In his new role, Cowley will oversee the strategic operations of Phoenix Health Plan, LLC, and Phoenix Health Plans, Inc. In addition, Cowley will also serve as President and Chief Operating Officer of Advantage Healthcare Management Company, which provides management and administrative services for Tenet's health plans across the U.S. "Matt's extensive experience with Medicaid and Medicare insurance plans will serve him well as he positions the Arizona health plans as high-value insurers within the state," said Phillip Roe, Senior Vice President of finance and head of health plan operations at Tenet Healthcare. Cowley has previously worked as the head of Medicare products for Aetna-managed Mercy Care Plan in Arizona. The full research reports on Tenet are available to download free of charge at:
http://www.analystsreview.com/Sep-09-2014/THC/report.pdf
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Allergan Inc. Research Reports
On September 4, 2014, Allergan Inc. (Allergan) issued an update on the validity of the written requests it received from shareholders via Pershing Square Capital Management, L.P. ("Pershing Square") for conducting a Special Meeting of Stockholders (the Special Meeting). The Company stated that a review conducted by Allergan and its independent inspector found that Pershing Square has delivered requests that comply as to form with Allergan's bylaws from stockholders owning more than 25% of Allergan's shares, which does not include the additional requests from stockholders owning 2.8% of Allergan's shares that were delivered on September 3, 2014. Allergan informed that it is scheduled to hold a Special Meeting on December 18, 2014. The full research reports on Allergan are available to download free of charge at:
http://www.analystsreview.com/Sep-09-2014/AGN/report.pdf
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Valeant Pharmaceuticals International, Inc. Research Reports
On September 4, 2014, the stock of Valeant Pharmaceuticals International, Inc. (Valeant) fell 1.44% to end the trading session at $117.32. During the session, shares in Valeant opened at $118.89, and fluctuated in the range of $117.02 - $119.97, with a total of 1.51 million shares changing hands. Valeant's stock has increased by 6.02% in the last one month, compared to the Dow Jones Industrial Average, which increased 3.90% during that period. Valeant's stock is currently trading below its 50-day and 200-day moving averages of $118.72 and $125.51, respectively. The full research reports on Valeant are available to download free of charge at:
http://www.analystsreview.com/Sep-09-2014/VRX/report.pdf
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