Marketing Authorization Applications, Quarterly Dividends, Publication of Clinical Trial Data, Acquisitions, and Financial Results - Analyst Notes on Regeneron, Amgen, Sangamo, Alnylam, and Agios
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NEW YORK, March 11, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN), Amgen, Inc. (NASDAQ: AMGN), Sangamo BioSciences, Inc. (NASDAQ: SGMO), Alnylam Pharmaceuticals, Inc. (NASDAQ: ALNY), and Agios Pharmaceuticals, Inc. (NASDAQ: AGIO). 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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Regeneron Pharmaceuticals, Inc. Analyst Notes
On March 3, 2014, Regeneron Pharmaceuticals, Inc. (Regeneron) announced that Bayer Yakuhin, Ltd. (Bayer Yakuhin) - a subsidiary of Bayer HealthCare, has submitted an application for marketing authorization for EYLEA (aflibercept) Injection for the treatment of patients with diabetic macular edema (DME) to the Japanese Ministry of Health, Labour and Welfare (MHLW). "Clinically significant DME is a leading cause of vision loss in the working-age population suffering from diabetes. With increasing rates of diabetes worldwide, there continues to be a need for new treatment options," said George D. Yancopoulos, M.D., Ph. D., Chief Scientific Officer of Regeneron and President of Regeneron Laboratories. "We are pleased with this regulatory submission and hope that if approved, EYLEA will provide a new option for the treatment of DME in Japan." The full analyst notes on Regeneron Pharmaceuticals, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03112014/REGN/report.pdf
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Amgen, Inc. Analyst Notes
On March 5, 2014, Amgen, Inc. (Amgen) announced that its Board of Directors has declared a dividend of $0.61 per share for Q2 2014. The Company informed that the dividend is payable on June 6, 2014, to all stockholders of record as of the close of business on May 15, 2014. The full analyst notes on Amgen, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03112014/AMGN/report.pdf
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Sangamo BioSciences, Inc. Analyst Notes
On March 6, 2014, Sangamo BioSciences, Inc. (Sangamo) announced the presentation of data from its SB-728-T program to develop a 'functional cure' for HIV/AIDS at the Conference on Retroviruses and Opportunistic Infections (CROI 2014). In addition, the Company informed that data from an earlier Phase 1 clinical study in this program was also published in the March 6, 2014 issue of the New England Journal of Medicine (NEJM). "Our studies have generated valuable data that will enable us to maximize the potential of this novel immunologic therapy for HIV and help optimize patient selection and treatment," said Geoff Nichol, M.B., Ch.B., Executive Vice President of Research and Development at Sangamo. Edward Lanphier, President and CEO of the Company, added, "In the next clinical trial of SB-728-T, which is expected to begin in the first half of 2014, we will implement mRNA delivery of the ZFNs to the cells, which will provide both process- and cost-saving advantages over viral delivery as well as the potential to re-dose." The full analyst notes on Sangamo BioSciences, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03112014/SGMO/report.pdf
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Alnylam Pharmaceuticals, Inc. Analyst Notes
On March 6, 2014, Alnylam Pharmaceuticals, Inc. (Alnylam) announced the closing of the previously announced acquisition of Merck's wholly owned subsidiary Sirna Therapeutics, Inc. (Sirna), post the expiration of the Hart-Scott-Rodino waiting period. In consideration for the Sirna common stock, Alnylam has paid Merck $25.0 million in cash and has agreed to issue to Merck 2.5 million shares of Alnylam common stock with a value of $150.0 million. Commenting on this acquisition, John Maraganore, Ph.D., CEO of Alnylam said, "Further, we believe our acquisition of Merck's RNAi assets and Sirna subsidiary supports Alnylam's continued leadership on RNAi intellectual property and delivery, including with GalNAc conjugate technology." The full analyst notes on Alnylam Pharmaceuticals, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03112014/ALNY/report.pdf
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Agios Pharmaceuticals, Inc. Analyst Notes
On March 6, 2014, Agios Pharmaceuticals, Inc. (Agios) reported its Q4 2013 and full-year 2013 financial results. In Q4 2013, the Company's revenues totalled $6.7 million, up 7.4% YoY, while full-year 2013 revenues totalled $25.5 million, up 1.8% YoY. Q4 2013 net loss applicable to common stockholders was $12.4 million, or $0.40 loss per share, compared to a net loss of $7.1 million, or $2.09 loss per share, in Q4 2012. Full-year 2013 net loss applicable to common stockholders was $43.6 million, or $2.83 loss per share, compared to a net loss of $27.3 million, or $8.02 loss per share, for full-year 2012. "In 2013, we continued to apply our scientific and clinical leadership in the field of cellular metabolism towards our goal of transforming the lives of patients with cancer and inborn errors of metabolism," said David Schenkein, M.D., CEO of Agios. "We successfully filed two investigational new drug applications, or INDs, for novel first-in-class therapeutic candidates and completed IND activities for our third program. In early 2014, we continue to make important progress across our pipeline." The full analyst notes on Agios Pharmaceuticals, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03112014/AGIO/report.pdf
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