Financial Results Releases and Schedules, Clinical Study Results, Partnerships, and Senior-Level Appointments - Analyst Notes on Arena, Horizon Pharma, Enanta, Vanda, and PTC
NEW YORK, March 5, 2014 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts Review released its analysts' notes regarding Arena Pharmaceuticals, Inc. (NASDAQ: ARNA), Horizon Pharma, Inc. (NASDAQ: HZNP), Enanta Pharmaceuticals, Inc. (NASDAQ: ENTA), Vanda Pharmaceuticals, Inc. (NASDAQ: VNDA), and PTC Therapeutics, Inc. (NASDAQ: PTCT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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Arena Pharmaceuticals, Inc. Analyst Notes
On February 27, 2014, Arena Pharmaceuticals, Inc. (Arena) reported its financial results for Q4 2013 and full year 2013. Arena's total revenues during the quarter stood at $6.5 million, representing a three-fold growth over revenues of $1.9 million in Q4 2012. Full-year 2013 revenues also registered sharp growth at $81.4 million, compared to $27.6 million in full year 2012. During the quarter, the Company's net loss allocable to common stockholders widened to $23.5 million, or $0.11 per diluted share, from net loss allocable to common stockholders of $21.3 million or $0.10 per diluted share, in Q4 2012. For full year 2013, the net loss narrowed down to $19.4 million, or $0.09 per diluted share, from $88.3 million, or $0.45 per diluted share, in full year 2012. Commenting on the performance, Jack Lief, Arena's President and CEO, stated, "The 2013 US commercial launch of BELVIQ, global expansion of our collaboration with Eisai, and the advancement of our research and development programs have positioned Arena for an outstanding year in 2014." The full analyst notes on Arena Pharmaceuticals, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03052014/ARNA/report.pdf
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Horizon Pharma, Inc. Analyst Notes
On February 27, 2014, Horizon Pharma, Inc. (Horizon Pharma) announced that it will release its Q4 2013 and full-year 2013 financial results on Thursday, March 13, 2014, followed by a live conference call at 8:00 a.m. ET on the same day to discuss these results. The Company informed that the live webcast, as well as a replay of the same, will be accessible through its Investor Relations website. The full analyst notes on Horizon Pharma, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03052014/HZNP/report.pdf
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Enanta Pharmaceuticals, Inc. Analyst Notes
On March 3, 2014, Enanta Pharmaceuticals, Inc. (Enanta) announced that it has presented detailed results from the PEARL-III study during the 21st Conference on Retroviruses and Opportunistic Infections (CROI) press conference, and will also present the same as a late-breaker at the conference on March 4, 2014. According to Enanta, the PEARL-III study met its primary and secondary endpoints; sustained virologic response rates 12 weeks post-treatment (SVR12) of 99.5% and 99.0% were achieved with the three-direct-acting antiviral regimen with and without RBV, respectively. The Company noted that there were no study drug discontinuations due to adverse events in the 419-patient study. The full analyst notes on Enanta Pharmaceuticals, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03052014/ENTA/report.pdf
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Vanda Pharmaceuticals, Inc. Analyst Notes
On February 28, 2014, Vanda Pharmaceuticals, Inc. (Vanda) announced that it has partnered with Erik Weihenmayer, a world-renowned adventurer and the only blind person to climb Mount Everest, to support the Non-24 Share More Campaign and launch the expert podcast series available at Non-24.com. Vanda stated that this national education initiative aims to raise awareness for Non-24-Hour Sleep-Wake Disorder (Non-24), a serious, chronic circadian rhythm disorder that affects up to 70% of people who are totally blind. Commenting on the initiative, Dr. Michael Thorpy, said, "It is common for people who are totally blind to experience symptoms of nighttime sleeplessness and daytime sleepiness, which can impact productivity at work, personal relationships and overall functionality." Thorpy concluded, "Our goal is to create a dialogue about Non-24 in the patient and physician communities given the frequency of misdiagnosis." The full analyst notes on Vanda Pharmaceuticals, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03052014/VNDA/report.pdf
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PTC Therapeutics, Inc. Analyst Notes
On February 25, 2014, PTC Therapeutics, Inc. (PTC) announced the appointment of Guido Schopen, M.D., as General Manager and Head of Medical Affairs for Europe. PTC informed that Dr. Schopen will be responsible for European commercial operations, reporting to Mark Rothera, Chief Commercial Officer of PTC. According to PTC, Dr. Schopen has more than 20 years of experience in the industry and was most recently the Vice President, Global Commercial Operations and Medical Affairs for TiGenix NV. Commenting on the appointment, Rothera said, "PTC is expanding its commercial footprint with a near term focus on certain pre-approval activities. Our ultimate goal is to build a specialty global commercial organization to bring ataluren to Duchenne muscular dystrophy and cystic fibrosis patients as soon as possible following regulatory approvals. Dr. Schopen's medical and commercial expertise will be instrumental in achieving this goal." The full analyst notes on PTC Therapeutics, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03052014/PTCT/report.pdf
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