New Drug Application Reviews, Upcoming Financial Results Schedules, Public Offerings, and Notifications - Research Report on Vanda, Chemed, Portola, Immunomedics, and Sangamo
NEW YORK, October 23, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Vanda Pharmaceuticals, Inc. (NASDAQ: VNDA), Chemed Corp. (NYSE: CHE), Portola Pharmaceuticals, Inc. (NASDAQ: PTLA), Immunomedics Inc. (NASDAQ: IMMU), and Sangamo Biosciences Inc. (NASDAQ: SGMO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Vanda Pharmaceuticals, Inc. Research Report
On October 16, 2013, Vanda Pharmaceuticals, Inc. (Vanda) announced that it has been notified by the US Food and Drug Administration (FDA) about the scheduling of a Peripheral and Central Nervous System Drugs Advisory Committee meeting to be held on November 14, 2013, which will focus on reviewing the Company's New Drug Application (NDA) for tasimelteon, proposed trade name HETLIOZ™, for the treatment of Non-24-Hour Disorder (Non-24) in the totally blind. The Company reported that tasimelteon NDA is currently under Priority Review by the FDA with an action target date under the Prescription Drug User Fee Act (PDUFA-V) of January 31, 2014. The Full Research Report on Vanda Pharmaceuticals, 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/b5ad_VNDA]
Chemed Corp. Research Report
On October 1, 2013, Chemed Corp. (Chemed) announced that it will release its Q3 2013 results after the close of trading on NYSE on Monday, October 28, 2013. Chemed stated that it will discuss its results in a conference call and webcast on Tuesday, October 29, 2013 at 10:00 a.m. ET. The Company informed that the webcast and its replay can be accessed through the Investor Relations section of its website. The Full Research Report on Chemed 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/4c0d_CHE]
Portola Pharmaceuticals, Inc. Research Report
On October 17, 2013, Portola Pharmaceuticals, Inc. (Portola) announced the pricing of its underwritten public offering of c.6.4 million shares of its common stock at a price of $23.75 per share to the public. Portola reported that it is offering c.4.5 million shares of common stock, and certain existing stockholders of Portola are offering c.1.9 million shares of common stock. The Company stated that it will not receive proceeds from the sale of shares by the selling stockholders, and the underwriters of the offering have been granted a 30-day option to purchase up to an additional approximately 1 million shares from Portola at the public offering price. Portola further notified that the offering is expected to close on October 22, 2013, subject to customary closing conditions. The Full Research Report on Portola Pharmaceuticals, 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/102f_PTLA]
Immunomedics Inc. Research Report
October 9, 2013, Immunomedics Inc. (Immunomedics) announced that it has received notification from Takeda Pharmaceutical Company regarding the termination of the licensing agreement signed between Nycomed GmbH and Immunomedics for the worldwide rights to veltuzumab, the humanized anti-CD20 antibody, for all non-cancer indications. Immunomedics further stated that the notification was received after the Company filed for arbitration proceedings in order to resolve the dispute with Nycomed concerning delays in the development of veltuzumab, which Immunomedics argues is a material breach of the licensing agreement. Immunomedics reported that due to termination of the agreement, all rights to veltuzumab revert to the Company and both parties have begun discussions regarding the transition of veltuzumab back to the Company. The Full Research Report on Immunomedics 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/c20d_IMMU]
Sangamo Biosciences Inc. Research Report
On October 16, 2013, Sangamo Biosciences Inc. (Sangamo) announced that it will release its Q3 2013 results after the market close on Wednesday, October 23, 2013. Sangamo stated that after issuing the press release, it will host a conference call on the same day at 5:00 p.m. ET to review the financial results, which can be accessed via telephone and webcast. The Company informed that live webcast can be accessed through its Investor Relations website, and the conference call replay will be available for one week following the conference call, from approximately 8:00 p.m. ET on October 23, 2013 to 11:59 p.m. ET on October 30, 2013. The Full Research Report on Sangamo Biosciences 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/52a6_SGMO]
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