New Studies, Regulatory Submissions, and Leadership Changes - Research Report on St. Jude Medical, Teva Pharmaceutical Industries, Avanir Pharmaceuticals, Novo Nordisk, and Trius Therapeutics
NEW YORK, June 10, 2013 /PRNewswire/ --
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Today, Wall Street Reports announced new research reports highlighting St. Jude Medical, Inc. (NYSE: STJ), Teva Pharmaceutical Industries Ltd. (ADR) (NYSE: TEVA), Avanir Pharmaceuticals, Inc. (NASDAQ: AVNR), Novo Nordisk A/S (ADR) (NYSE: NVO), and Trius Therapeutics, Inc. (NASDAQ: TSRX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
St. Jude Medical, Inc. Research Report
On June 4, 2013, St. Jude Medical, Inc. (St. Jude Medical) announced that the US Food and Drug Administration (FDA) has given the Company approval to begin the EnligHTN IV Renal Denervation Study, the first trial using the EnligHTN Multi-Electrode Renal Denervation System to treat patients with drug-resistant high blood pressure. According to the Company, renal denervation is a minimally invasive therapy that may provide a lasting reduction in blood pressure for patients with hypertension and are resistant to medications. It is a specialized ablation procedure that targets nerves along the renal arteries leading to the kidneys. This intentional disruption of the nerves may cause a decrease in systolic and diastolic blood pressure. Frank J. Callaghan, President of the St. Jude Medical Cardiovascular and Ablation Technologies Division, said, "Researching the treatment of hypertension is one example of the ongoing investments St. Jude Medical is making to deliver high-quality, innovative products, such as the EnligHTN Renal Denervation System, which aim to reduce health care costs and improve patient outcomes." The Full Research Report on St. Jude Medical, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/bf35_STJ]
Teva Pharmaceutical Industries Ltd. (ADR) Research Report
On June 3, 2013, Teva Pharmaceutical Industries Ltd. (ADR) (Teva) announced that the Committee for Medicinal Products for Human Use (CHMP) has recommended that a Marketing Authorization may be issued in the European Union for Lonquex (XM22 lipegfilgrastim) for the reduction in the duration of neutropenia and the incidence of febrile neutropenia in adult patients treated with cytotoxic chemotherapy for malignancy (with the exception of chronic myeloid leukemia and myelodysplastic syndromes). Dr. Michael Hayden, Teva's President of Global R&D and Chief Scientific Officer, said, "Effective prophylaxis against neutropenia and febrile neutropenia is a high priority for patients undergoing cytotoxic chemotherapy. This chemotherapy attacks rapidly dividing bone marrow cells and dramatically reduces the ability to fight off infection, which can have serious consequences for patients. Loquenex reduces the neutropenia that can lead to these consequences. We look forward to receiving final approval and being able to offer this medication to patients." The Full Research Report on Teva Pharmaceutical Industries Ltd. (ADR) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/e4ac_TEVA]
Avanir Pharmaceuticals, Inc. Research Report
On June 5, 2013, Avanir Pharmaceuticals, Inc. (Avanir) announced that the US Food and Drug Administration (FDA) has agreed to an expedited development pathway for their next-generation compound, AVP-786, requiring only a limited pre-clinical package as part of the Investigational New Drug (IND) application. AVP-786 is a novel investigational drug product consisting of a combination of deuterium modified dextromethorphan (a new chemical entity or NCE) and ultra-low dose quinidine, used as a metabolic inhibitor. Joao Stiffert, MD, Avanir's Chief Scientific Officer, said, "Avanir will be allowed to reference the extensive data generated during AVP-923 development programs in support of the AVP-786 IND and subsequent new drug application. This has the potential to substantially reduce the cost and time to market. We anticipate that we will be able to seamlessly integrate AVP-786 into our ongoing development programs in neuropathic pain, agitation in Alzheimer's disease and levodopa induced dyskinesia in Parkinson's disease." The Full Research Report on Avanir Pharmaceuticals, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/22e9_AVNR]
Novo Nordisk A/S (ADR) Research Report
On May 31, 2013, Novo Nordisk A/S (ADR) announced the submission of marketing authorization applications for IDegLira, the combination product of insulin degludec (Tresiba), the once-daily new-generation basal insulin analogue, with an ultra-long direction of action, and liraglutide (Victoza), the once-daily human GLP-1 analogue, to the European Medicines Agency. IDegLira was developed for the treatment of type 2 diabetes. In other news, the Company initiated a share repurchase program on May 3, 2013. This program is part of the overall share repurchase program of up to (Danish Krone) DKK14 billion to be executed during a 12-month period starting January 31, 2013. The Full Research Report on Novo Nordisk A/S (ADR) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/f4ec_NVO]
Trius Therapeutics, Inc. Research Report
On June 3, 2013, Trius Therapeutics, Inc. (Trius) announced the appointment of Matthew Onaitis to the newly created role of General Counsel and Secretary of the Company. He previously served as Senior Vice President, General Counsel and Secretary of Somaxon Pharmaceuticals, Inc., where he led the legal, compliance and business development functions. Jeffrey Stein, President and Chief Executive Officer of Trius, said, "In particular, his background in completing transactions, managing corporate governance and commercial compliance programs and supporting regulatory and commercial operations will strengthen our management team as we prepare for commercialization of tedizolid in the United States, pending regulatory approval." The Full Research Report on Trius Therapeutics, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/1eb9_TSRX]
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SOURCE Wall Street Reports
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