Healthcare Sector Announces Voluntary Recalls, Scheduled Presentations and Offering Programs - Research Report on Baxter, Incyte, Horizon Pharma, POZEN, and IntelliPharmaCeutics
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NEW YORK, December 2, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Baxter International Inc. (NYSE: BAX), Incyte Corporation (NASDAQ: INCY), Horizon Pharma, Inc. (NASDAQ: HZNP), POZEN Inc. (NASDAQ: POZN), and IntelliPharmaCeutics International Inc. (NASDAQ: IPCI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Baxter International Inc. Research Report
On November 27, 2013, Baxter International Inc. (Baxter) announced that the Company has initiated a voluntary recall of one lot of Nitroglycerin in 5% Dextrose Injection as a particulate matter was found in one vial. According to the Company, particulate matter, if infused, could lead to potential venous and/or arterial thromboembolism (blockage of blood vessels) and other adverse events including inflammation, particularly in the lungs, and local irritation of blood vessels. The Company stated that no adverse events have been reported yet regarding this issue, and the financial impact of the recall is not material to the Company. Baxter stated that it is notifying customers, directing them not to use product from the recalled lot and to locate and remove all affected product from their facility. The Company informed that affected lot was distributed to customers between January 17, 2013 and October 10, 2013, with product code 1A0694, and affected lot number G105197. Baxter added that this recall is being conducted with the knowledge of the U.S. Food and Drug Administration. The Full Research Report on Baxter International 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/163d_BAX
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Incyte Corporation Research Report
On November 25, 2013, Incyte Corporation (Incyte) announced that it will present at the Oppenheimer 24th Annual Healthcare Conference on December 11, 2013 at 10:40 a.m. EST in New York. Incyte stated that the presentation will be webcast live and can be accessed via Investors Relations section of the Company's website. The Full Research Report on Incyte 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/076e_INCY
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Horizon Pharma, Inc. Research Report
On November 26, 2013, Horizon Pharma, Inc. (Horizon Pharma) announced that its Chairman, President and CEO Timothy P. Walbert, will present at the Piper Jaffray 25th Annual Healthcare Conference on December 3, 2013 at 1:30 p.m. ET in New York. Horizon Pharma stated that Walbert will give an overview of the Company and its corporate activities at the conference. The Company added that a live webcast of the presentation will be available on its website, and replay of the same will be available for 10 business days. The Full Research Report on Horizon Pharma, 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/05ea_HZNP
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POZEN Inc. Research Report
On November 21, 2013, POZEN Inc. (POZEN) announced that the John R. Plachetka, Company's Chairman, President and CEO, will present at the Piper Jaffray, 25th Annual Healthcare Conference on December 3, 2013 at 12:30 p.m. ET at the New York Palace Hotel. POZEN stated that the presentation will be webcast and available for replay at the Company's website. The Full Research Report on POZEN 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/f226_POZN
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IntelliPharmaCeutics International Inc. Research Report
On November 27, 2013, IntelliPharmaCeutics International Inc. (IntelliPharmaCeutics) announced an "at-the-market" offering program under which it may from time to time sell up to c.5.3 million of its common shares for up to an aggregate of US$16.8 million through at-the-market issuances on the NASDAQ Capital Market. The Company informed that Roth Capital Partners, LLC (Roth) has been engaged to act as sales agent under an equity distribution agreement, under which IntelliPharmaCeutics may at its discretion, from time to time, offer and sell common shares through Roth or directly to Roth for resale. IntelliPharmaCeutics added that sales of common shares through Roth, if any, will be made at such time and at such price as are acceptable to the Company, from time to time, by means of ordinary brokers' transactions on the NASDAQ Capital Market or otherwise at market prices prevailing at the time of sale or as determined by IntelliPharmaCeutics. The Company stated that it intends to use net proceeds from this offering for working capital, research and development and general corporate purposes, and to utilize up to approximately $0.8 million of any such proceeds for paying an outstanding related party loan. The Full Research Report on IntelliPharmaCeutics International 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/00e6_IPCI
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