Earnings Release Results, and Leadership Appointments - Analyst Notes on Halozyme, MannKind, Arrowhead, Idera and BioCryst

NEW YORK, May 16, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Halozyme Therapeutics, Inc. (NASDAQ: HALO), MannKind Corp. (NASDAQ: MNKD), Arrowhead Research Corp. (NASDAQ: ARWR), Idera Pharmaceuticals, Inc. (NASDAQ: IDRA) and BioCryst Pharmaceuticals, Inc. (NASDAQ: BCRX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2534-100free.

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Halozyme Therapeutics, Inc. Analyst Notes
On May 12, 2014, Halozyme Therapeutics, Inc. (Halozyme) reported its Q1 2014 financial results with revenues of $12.0 million compared to $11.8 million in Q1 2013. Net loss totaled $26.5 million, or $0.22 per share, compared to $19.3 million, or $0.17 per share in Q1 2013. The increase in net loss is due to the Company's increased investment in clinical trials for its PEGPH20 and Hylenex® proprietary programs. "In the first quarter we saw advances in both our proprietary programs and in our partnered programs. We reported positive clinical trial results for the use of Hylenex in type 1 diabetes and for HTI-501 in cellulite." For full year 2014, the Company anticipates net cash burn to be between $45 and $55 million. The full analyst notes on Halozyme are available to download free of charge at:

http://www.analystsreview.com/2534-HALO-16May2014.pdf

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MannKind Corp. Analyst Notes
On May 12, 2014, MannKind Corp. (MannKind) reported its Q1 2014 financial results. Net loss applicable to common stockholders were $52.1 million, or $0.14 per diluted share, compared to $41.0 million, or $0.15 per diluted share in Q1 2013. Research and development (R&D) expenses were $26.2 million, compared to $26.4 million in Q1 2013. No revenues were reported for the quarter by the Company. As of March 31, 2014, the Company had cash and cash equivalents of $35.8 million. The full analyst notes on MannKind are available to download free of charge at:

http://www.analystsreview.com/2534-MNKD-16May2014.pdf

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Arrowhead Research Corp. Analyst Notes
On May 6, 2014, Arrowhead Research Corp. (Arrowhead) reported its Q2 FY 2014 financial results (period ended March 31, 2014). Net loss attributable to Arrowhead was $13.9 million, or $0.31 per share, compared to $6.8 million, or $0.41 per share in Q2 FY 2013. Operating expenses were $11.3 million, compared to $5.4 million in Q1 2013. The Company's cash and investments of cash were $194.7 million at March 31, 2014, compared to $29.8 million on September 30, 2013. The increase in the cash balance reflects financings completed in February 2014 and October 2013, and cash inflow from exercise of warrants and stock options of $8 million. The full analyst notes on Arrowhead are available to download free of charge at:

http://www.analystsreview.com/2534-ARWR-16May2014.pdf

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Idera Pharmaceuticals, Inc. Analyst Notes
On May 5, 2014, Idera Pharmaceuticals, Inc. (Idera) announced the appointment of three new management team members to support the Company's progress in its development pipeline. The Company has appointed Kathryn Haviland, Vice President Rare Diseases; Joseph Lobacki, General Manager of Oncology; and Walter Strapps, Ph.D., Executive Director of RNA Therapeutics. "Kate, Joe and Walter will play a critical role as we continue to advance and expand our pipeline of oncology and orphan therapeutics derived from our proprietary nucleic acid technology platforms," said Sudhir Agrawal, D. Phil., CEO of Idera. "Each of these individuals bring a breadth of biopharmaceutical industry expertise in orphan disease product development and global commercial strategy." The full analyst notes on Idera are available to download free of charge at:

http://www.analystsreview.com/2534-IDRA-16May2014.pdf

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BioCryst Pharmaceuticals, Inc. Analyst Notes
On May 8, 2014, BioCryst Pharmaceuticals, Inc. (BioCryst) reported its Q1 2014 financial results with revenues of $3.5 million, down 2.7% YoY. Net loss was $10.1 million, or $0.17 per diluted share, compared to a net loss of $4.5 million, or $0.9 per diluted share in Q1 2013. Research and Development (R&D) expenses were $9.2 million, compared to $7.2 million in Q1 2013. The increase was due to higher development costs associated with the hereditary angioedema (HAE) and BCX4430 programs. "We have completed enrollment in the OPuS-1 Phase 2 trial to evaluate orally-administered BCX4161 in patients with hereditary angioedema and we look forward to reporting results from this proof of concept trial by the end of June," said Jon P. Stonehouse, President and CEO. "In addition, we continue to advance our 2nd generation oral kallikrein inhibitors with a goal of initiating clinical trials during the first half of 2015." The Company anticipates its full year 2014 net operating cash use to be in the range of $35 to $43 million, and operating expenses to be in the range of $48 to $59 million. The full analyst notes on BioCryst are available to download free of charge at:

http://www.analystsreview.com/2534-BCRX-16May2014.pdf

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