Earnings Schedules, Acquisition Agreements, and Financial Results Release - Analyst Notes on Mallinckrodt, BioMarin, Salix Pharmaceuticals, St. Jude Medical and Quest Diagnostics
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 25, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Mallinckrodt plc (NYSE: MNK), BioMarin Pharmaceutical Inc. (NASDAQ: BMRN), Salix Pharmaceuticals Ltd. (NASDAQ: SLXP), St. Jude Medical Inc. (NYSE: STJ) and Quest Diagnostics Inc. (NYSE: DGX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1601-100free.
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Mallinckrodt plc Analyst Notes
On April 21, 2014, Mallinckrodt plc (Mallinckrodt) announced that it has scheduled to release its Q2 FY 2014 financial results on May 8, 2014. A conference call for investors will be held on the same day from 7:30 a.m. to 8:00 a.m. ET, which will be followed by a separate "live" fireside chat question and answer session for investors at the St. Regis New York, 2 East 55th Street at 5th Avenue in New York City. The Company informed that the call can be accessed via its website, while an audio replay of the call will be available by 4:00 p.m. ET same day through 11:59 p.m. ET on May 15, 2014. The full analyst notes on Mallinckrodt are available to download free of charge at:
http://www.analystsreview.com/1601-MNK-25Apr2014.pdf
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BioMarin Pharmaceutical Inc. Analyst Notes
On April 16, 2014, BioMarin Pharmaceutical Inc. (BioMarin) announced that its CEO, Jean-Jacques Bienaimé, will host a conference call on May 1, 2014, at 5:00 p.m. ET, to discuss the Company's Q1 2014 financial results and provide a general business update. The Company informed that the conference call will be made accessible at its website, and a replay of the call will be archived for a week after the call, which will also be accessible through its website. The full analyst notes on BioMarin are available to download free of charge at:
http://www.analystsreview.com/1601-BMRN-25Apr2014.pdf
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Salix Pharmaceuticals Ltd. Analyst Notes
On April 22, 2014, Salix Pharmaceuticals Ltd. (Salix), together with Progenics Pharmaceuticals, announced that the submission to the European Medicines Agency (EMA) of RELISTOR® (methylnaltrexone bromide) Subcutaneous Injection for the treatment of opioid-induced constipation (OIC) in adult patients with chronic non-cancer pain has been accepted for review. According to the Company, the submission, when approved will add to the current marketing authorization in the European Union (EU), which allows for the use of RELISTOR® in advanced illness patients. Salix also stated that with the approval, it anticipates RELISTOR to become immediately available to this newly expanded population of patients in the EU using opioids to control chronic pain. The full analyst notes on Salix Pharmaceuticals are available to download free of charge at:
http://www.analystsreview.com/1601-SLXP-25Apr2014.pdf
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St. Jude Medical Inc. Analyst Notes
On April 16, 2014, St. Jude Medical Inc. (St. Jude Medical) reported its Q1 FY 2014 financial results (period ended March 29, 2014). Net sales for the quarter were up by 1.9% YoY to $1.4 billion. Q1 FY 2014 net earnings attributable to the Company stood at $249 million or $0.86 per diluted share, compared to $223 million or $0.78 per diluted share in Q1 FY 2013. Commenting on the results, Chairman, President and CEO, Daniel J. Starks, stated, "St. Jude Medical delivered a solid first quarter by meeting or exceeding our expectations in each of our technology platforms. These results reinforce our confidence that we are on track to accelerate sales growth as our product mix shifts to faster growing markets and as we continue to launch new products that improve patient outcomes, ensure the highest quality and lower the costs of treating expensive epidemic diseases." The full analyst notes on St. Jude Medical are available to download free of charge at:
http://www.analystsreview.com/1601-STJ-25Apr2014.pdf
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Quest Diagnostics Inc. Analyst Notes
On April 21, 2014, Quest Diagnostics Inc. (Quest Diagnostics) announced that it has completed the acquisition of Summit Health. According to the Company, the combined business will be referred to as Quest Diagnostics Health and Wellness Services. Commenting on the acquisition, Quest Diagnostics President and CEO Steve Rusckowski said, "Summit solidifies our leadership position in the fast-growing wellness business. This acquisition is well aligned with our strategy to restore growth because it will extend the range of solutions we can offer in the growing health and wellness market." The financial terms of the deal were not disclosed. The full analyst notes on Quest Diagnostics are available to download free of charge at:
http://www.analystsreview.com/1601-DGX-25Apr2014.pdf
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