Healthcare Companies Report Growth through FDA Approvals, Agreements and Announcements - Research Report on Johnson & Johnson, Stryker, Vertex, Fonar, and Nordion
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NEW YORK, November 28, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Johnson & Johnson (NYSE: JNJ), Stryker Corp. (NYSE: SYK), Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX), Fonar Corp. (NASDAQ: FONR), and Nordion Inc. (NYSE: NDZ). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Johnson & Johnson Research Report
On November 22, 2013, Janssen Therapeutics, a division of Janssen Products, LP, which is one of the Janssen Pharmaceutical Companies of Johnson & Johnson, reported that the US Food and Drug Administration (FDA) has approved OLYSIO™ (simeprevir). According to the Company, OLYSIO™ works by blocking the viral protease enzyme that enables the hepatitis C virus (HCV) to replicate in host cells. Douglas Dieterich, M.D., Professor of Medicine in the Division of Liver Diseases, Mount Sinai School of Medicine, and Clinical Trial Investigator for OLYSIOTM, stated, "Given the complexity of the condition, OLYSIOTM was studied in a number of different patient populations, including individuals who have relapsed or failed to respond to previous treatments. The FDA approval of OLYSIOTM is an important milestone for people living with chronic hepatitis C as it means that patients have a new treatment option with the potential to cure this challenging disease." The Full Research Report on Johnson & Johnson - 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/07a8_JNJ
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Stryker Corp. Research Report
On November 25, 2013, Stryker Corp.'s (Stryker) stock went up by 0.62% at $74.74 per share. Over the past three trading days, the Company's stock increased by 1.29%, compared to the Dow Jones Industrial Average which went up by 1.08% over the same period. The Full Research Report on Stryker Corp. - 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/5b34_SYK
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Vertex Pharmaceuticals Incorporated Research Report
On November 20, 2013, Vertex Pharmaceuticals Incorporated (Vertex) announced that it has sold its royalty rights relating to INCIVO® (telaprevir) to Janssen Pharmaceutica N.V. According to Vertex, pursuant to the agreement Janssen will make a cash payment of $152 million to the Company by Q4 2013 and will cease paying royalties to Vertex on INCIVO sales starting 2014. Commenting on the release, Ian Smith, Executive Vice President and CFO of the Company, stated, "The monetization of INCIVO royalties provides cash to enhance our corporate financial position and continues to position us to support our investment in cystic fibrosis and to advance other key opportunities in our pipeline." Additionally, consequent to the amendment of the companies' 2006 collaboration agreement to develop and commercialize INCIVO in Europe and other regions, Janssen will have sole authority to execute INCIVO marketing and promotion activities in these regions. The Full Research Report on Vertex Pharmaceuticals Incorporated - 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/e696_VRTX
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Fonar Corp. Research Report
On November 25, 2013, Fonar Corp.'s (Fonar) stock went down by 9.35% as it closed the day at $19.01 per share. However, over the previous three trading day period, the Company's stock was up by 8.88%, compared to the Dow Jones Industrial Average which went up by 1.08% during the same trading period. The Full Research Report on Fonar Corp. - 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/73cc_FONR
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Nordion Inc. Research Report
On November 25, 2013, Nordion Inc.'s (Nordion) stock closed at $8.30 per share, reflecting a decrease of 0.24%. Over the past three trading day period, the Company's stock showed an increase of 0.24%, compared to the S&P 500 which went up by 1.19% during the same period. The Full Research Report on Nordion 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/c1d5_NDZ
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