Favorable Support, NDA Submission, Conference Schedule, Acquisition Update, and Executive Appointment - Analyst Notes on Allergan, Pfizer, Eli Lilly, Forest and Pharmacyclics
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NEW YORK, May 27, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Allergan, Inc. (NYSE: AGN), Pfizer Inc. (NYSE: PFE), Eli Lilly and Company (NYSE: LLY), Forest Laboratories, Inc. (NYSE: FRX) and Pharmacyclics, Inc. (NASDAQ: PCYC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2970-100free.
Allergan, Inc. Analyst Notes
On May 20, 2014, Allergan, Inc. (Allergan) announced that it has received strong support from its physician clients, their nurses and office staff members, as well as from patient advocacy groups and medical associations, regarding the Company's rejection of Valeant's unsolicited proposal to acquire Allergan. The Company informed that it has received more than 500 letters expressing appreciation for Allergan's many contributions in the fields of research and development, product innovation, market creation, and physician support and services. Further, some of the letters also suggest the Company to remain an independent company. In addition, Allergan provided EPS guidance, expecting an increase of 20% to 25% and continuous generation of double digit revenue growth in 2015. The Company also expects to produce EPS compounded annual growth of 20% over the next five years. The full analyst notes on Allergan are available to download free of charge at:
http://www.analystsreview.com/2970-AGN-27May2014.pdf
Pfizer Inc. Analyst Notes
On May 16, 2014, Pfizer Inc. (Pfizer) announced that it will submit a NDA with the FDA for palbociclib, combined with letrozole, as first-line systemic treatment of post-menopausal women with estrogen receptor positive (ER+), human epidermal growth factor receptor 2 negative (HER2-) locally advanced or metastatic breast cancer. The Company intends to submit the NDA early in Q3 2014. Pfizer noted that the decision was based on discussions with the FDA involving the results of PALOMA-1, a randomized, Phase 2 trial that compared palbociclib plus letrozole versus letrozole alone. The full analyst notes on Pfizer are available to download free of charge at:
http://www.analystsreview.com/2970-PFE-27May2014.pdf
Eli Lilly and Company Analyst Notes
On May 22, 2014, Eli Lilly and Company (Eli Lilly) announced its attendance at the 30th Annual Sanford C. Bernstein Strategic Decisions Conference on May 28, 2014. The Company's Chairman, President and CEO, John C. Lechleiter, Ph.D., is scheduled to participate in a fireside chat at 3:00 p.m. EDT. Eli Lilly also noted that a live audio webcast will be available at the Company's Investor website, under the Webcasts & Presentations section, while a replay will also be available for 90 days. The full analyst notes on Eli Lilly are available to download free of charge at:
http://www.analystsreview.com/2970-LLY-27May2014.pdf
Forest Laboratories, Inc. Analyst Notes
On May 22, 2014, Forest Laboratories, Inc. (Forest) announced that Actavis is offering to guarantee certain of Forest's outstanding debt securities in exchange for the elimination of the existing registration rights obligations with respect to those outstanding debt securities. This offering follows the close of the pending acquisition of the Company by Actavis. The Company is soliciting consents from holders of its securities to eliminate its existing contractual registration rights obligations. Forest informed that Consent Solicitations are expected to expire on June 6, 2014 at 5:00 p.m. New York City time. The full analyst notes on Forest are available to download free of charge at:
http://www.analystsreview.com/2970-FRX-27May2014.pdf
Pharmacyclics, Inc. Analyst Notes
On May 20, 2014, Pharmacyclics, Inc. (Pharmacyclics) announced the appointment of Gregory R. Wade as the Company's Executive Vice President of Business Development. Under the new role, Wade will be responsible for further establishing the Business Development department and leading all Business Development and Competitive Intelligence efforts. Prior to joining Pharmacyclics, Wade was Managing Director of Healthcare Equity Research at Wedbush Pac Grow Life Sciences. The full analyst notes on Pharmacyclics are available to download free of charge at:
http://www.analystsreview.com/2970-PCYC-27May2014.pdf
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