Financial Results, Acquisition Agreement, and Legal Issue Update - Research Reports on Celgene, Bristol-Myers, UnitedHealth, Sanofi and Actavis
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NEW YORK, October 31, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Celgene Corporation (NASDAQ: CELG), Bristol-Myers Squibb Co. (NYSE: BMY), UnitedHealth Group Inc. (NYSE: UNH), Sanofi SA (NYSE: SNY) and Actavis plc (NYSE: ACT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7593-100free.
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Celgene Corporation Research Reports
On October 23, 2014, Celgene Corporation (Celgene) reported that its Q3 2014 total revenue improved 18.4% YoY to $2.0 billion. The Company's Q3 2014 REVLIMID® sales were $1.3 billion, up 19.3% YoY, driven by volume in both the U.S. and International markets as a result of increased duration of therapy and continued market share leadership in multiple myeloma. The Company's Q3 2014 net income stood at $508.5 million or $0.61 per diluted share, compared to net income of $372.5 million or $0.43 per diluted share in Q3 2013. The Company posted 9M 2014 total revenue of $5.6 billion, up 17.9% YoY, and 9M 2014 net income improved 12.2% YoY to $1.4 billion. For full-year 2014, Celgene anticipates - total revenue to exceed $7.6 billion, an increase of approximately 17% YoY; REVLIMID® net product sales to slightly exceed $5.0 billion, up approximately 16%; and GAAP diluted EPS to be in the range of $2.38 - $2.48. The full research reports on Celgene are available to download free of charge at:
http://www.analystsreview.com/Oct-31-2014/CELG/report.pdf
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Bristol-Myers Squibb Co. Research Reports
On October 24, 2014, Bristol-Myers Squibb Co. (Bristol-Myers) reported its Q3 2014 and 9M 2014 earnings. The Company reported Q3 2014 total revenues of $3.9 billion, down 3.5% YoY that includes 6.0% YoY decline in net product sales at $2.8 billion, which was partly offset by 3.7% YoY improvement in Alliance and other revenues at $1.1 billion. The Company posted Q3 2014 net earnings attributable to Bristol-Myers of $721 million, compared to $692 million in Q3 2013. The Company's Q3 2014 non-GAAP diluted EPS stood at $0.45. On average, 18 analysts polled by Thomson Reuters expected the Company to report Q3 2014 EPS (excluding special items) of $0.42 on revenues of $3.8 billion. The Company's 9M 2014 total revenues declined 2.7% YoY to $11.6 billion, while net earnings attributable to Bristol-Myers improved 8.4% YoY to $2.0 billion. For full-year 2014, the Company expects worldwide revenues between $15.2 billion and $15.8 billion and GAAP EPS in the range of $1.15 - $1.25. The full research reports on Bristol-Myers are available to download free of charge at:
http://www.analystsreview.com/Oct-31-2014/BMY/report.pdf
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UnitedHealth Group Inc. Research Reports
On October 28, 2014, UnitedHealth Group Inc.'s indirect subsidiary - Optum announced that it has entered into a definitive agreement with Alere to acquire Alere Health and its subsidiaries, in a cash transaction worth $600 million. Optum informed that Alere provides leading condition management, case management, wellbeing, wellness and women's and children's health services. Optum further informed that Alere Health's health management capabilities will broaden and strengthen the value Optum provides to health care payers, employers and states by improving the health of the people they serve and reducing overall health care costs. Larry Renfro, CEO of Optum, said, "Adding Alere Health's solutions and expertise allow us to be an even more valuable partner to payers, employers, federal and state governments and consumers in achieving their long-term population health and cost management goals." The full research reports on UnitedHealth are available to download free of charge at:
http://www.analystsreview.com/Oct-31-2014/UNH/report.pdf
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Sanofi SA Research Reports
On October 28, 2014, Sanofi SA (Sanofi) posted Q3 2014 net sales of €8.8 billion, up 4.1% YoY, reflecting sales growth in Pharmaceuticals segment (up 2.1% YoY), Vaccines segment (up 11.6% YoY) and Animal Health segment (up 12.4% YoY). During the quarter, the Company's Growth Platforms improved 10.0% at constant exchange rates (CER) to €6.9 billion, driven by the improved performance of Genzyme (up 24.6% CER), Vaccines (up 11.2% CER), Animal Health (up 12.7% CER) and Other Innovative Products (up 18.0% CER). The Company's Q3 2014 net income attributable to equity holders of Sanofi stood at €1.19 billion or €0.91 per share, compared to net income of €1.22 billion or €0.92 per share in Q3 2013. The Company's 9M 2014 net sales improved 0.8% YoY to €24.7 billion, while net income attributable to equity holders of Sanofi improved 14.9% YoY to €3.1 billion. The full research reports on Sanofi are available to download free of charge at:
http://www.analystsreview.com/Oct-31-2014/SNY/report.pdf
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Actavis plc Research Reports
On October 23, 2014, Actavis plc (Actavis) reported that U.S. Court of Appeals for the Federal Circuit has upheld a lower court ruling that found U.S. Patent No. 7,704,984 to be valid and infringed by Lupin Pharmaceuticals, Inc. (Lupin) and Amneal Pharmaceuticals' (Amneal) Abbreviated New Drug Applications (ANDAs) for generic versions of Actavis' Lo Loestrin® Fe (norethindrone acetate and ethinyl estradiol tablets, ethinyl estradiol tablets and ferrous fumarate tablets). As a result of the Court's ruling, Lupin and Amneal cannot launch their generic versions of Lo Loestrin Fe® until after the '984 Patent expires on February 2, 2029. The full research reports on Actavis are available to download free of charge at:
http://www.analystsreview.com/Oct-31-2014/ACT/report.pdf
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