FDA Clearance, Management Changes, and Clinical Study Updates - Research Report on Illumina, Array, Oncolytics, Intrexon, and STERIS

NEW YORK, November 26, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Illumina, Inc. (NASDAQ: ILMN), Array BioPharma Inc. (NASDAQ: ARRY), Oncolytics Biotech, Inc. (NASDAQ: INCY), Intrexon Corporation (NYSE: XON), and STERIS Corporation (NYSE: STE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Illumina, Inc. Research Report

On November 19, 2013, Illumina, Inc. (Illumina) announced that it has received premarket clearance from the US FDA for the MiSeqDx system, the first high-throughput DNA sequencing analyzer to receive FDA clearance. In addition, the Company also reported that it has received FDA premarket clearance for MiSeqDx Cystic Fibrosis 139-Variant Assay, MiSeqDx Cystic Fibrosis Clinical Sequencing Assay, and MiSeqDx Universal Kit. "Illumina is proud to be the first company to obtain FDA clearance for a high-throughput DNA sequencing analyzer and next-generation sequencing-based assays," said Greg Heath, Senior Vice President and General Manager of Illumina's Diagnostics business. "With the FDA clearance of the MiSeqDx, Illumina is providing clinicians and clinical laboratories with the tools needed to obtain comprehensive and reliable results from a DNA sequencing analyzer and enabling them to create and deploy NGS-based molecular diagnostic tests for cystic fibrosis and a wide-range of other applications." The Full Research Report on Illumina, 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/3cf2_ILMN

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Array BioPharma Inc. Research Report

On November 21, 2013, Array BioPharma Inc. (Array) announced that Kevin Koch, Ph.D., its President and Chief Scientific Officer, will be leaving the Company to pursue other opportunities. "The board and executive team thank Dr. Koch for his leadership and contributions to the success of Array over the past 15 years.  During this time, Array advanced 19 novel compounds into clinical trials, of which 14 remain in active development," said Ron Squarer, CEO of Array.  "With several of these programs in late stage trials, and a strong management team in place, Array is well-positioned for continued success." The Full Research Report on Array BioPharma 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/e048_ARRY

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Oncolytics Biotech, Inc. Research Report

On November 21, 2013, Oncolytics Biotech, Inc. (Oncolytics) announced positive top-line data for the endpoints in its double blinded, randomized clinical study that examined REOLYSIN in combination with carboplatin and paclitaxel in patients with second-line platinum-refractory, taxane-naïve head and neck cancers. "The overall goal of this clinical trial was to determine the specific parameters for the use of REOLYSIN in a registration study in head and neck cancers," said Dr. Brad Thompson, President and CEO of Oncolytics. "We are excited to move forward with our head and neck program, and intend to discuss the design and execution of a follow-on registration study with regulators in the near future." The Full Research Report on Oncolytics Biotech, 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/0c64_ONCY

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Intrexon Corporation Research Report

On November 18, 2013, Intrexon Corporation (Intrexon) announced the appointments of Peter Seufer-Wasserthal, Ph.D., and Dana Di Ferdinando to the positions of Vice President of Business Development for Europe and Asia, and Chief Information Officer, respectively, effective immediately. "We are excited to have Ms. Di Ferdinando and Dr. Seufer-Wasserthal join Intrexon at this stage of our growth. Dana will lead development of the next generation of Intrexon's proprietary technologies, particularly UltraVector®, an industry-leading software platform that enables our collaborators to design, test, and produce complex biological solutions with the goal of generating superior commercial products. Peter will expand Intrexon's presence even further into Europe and Asia, growing our international relationships to establish additional collaborations abroad. I am confident that their respective professional experiences and insights will be a tremendous asset to Intrexon," said Krish Krishnan, Chief Operating Officer of Intrexon. The Full Research Report on Intrexon Corporation - 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/cb5c_XON

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STERIS Corporation Research Report

On October 30, 2013, STERIS Corporation (STERIS) reported Q2 FY 2014 financial results (period ended September 30, 2013). In Q2 FY 2014, the Company achieved net revenues of $383.8 million, up 7.7% YoY. Q2 FY 2014 net income was $29.7 million, or $0.50 per diluted share, compared with net income of $40.1 million, or $0.68 per diluted share, in Q2 FY 2013. "We are pleased that our performance returned to expectations this quarter, reflecting the continued growth in our end-markets and success with new products," said Walt Rosebrough, President and CEO of STERIS. "With solid organic growth across all segments and strong backlog, we have confidence in our ability to produce a strong second half of the year. Due largely to the timing of investments for our in-sourcing projects, we now anticipate that earnings will be in the lower half of our previously provided range of $2.47 to $2.60 for the full fiscal year." The Full Research Report on STERIS Corporation - 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/8e31_STE

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