Result of Annual Shareholders Meeting, Agreements, FDA Approval, Scheduled Conferences, and Dividends - Analyst Notes on Valeant Pharmaceuticals, Novartis, Teva, PTC Therapeutics and Agilent
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NEW YORK, May 28, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Valeant Pharmaceuticals Intl Inc (NYSE: VRX), Novartis AG (ADR) (NYSE: NVS), Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA), PTC Therapeutics, Inc. (NASDAQ: PTCT) and Agilent Technologies Inc. (NYSE: A). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3009-100free.
Valeant Pharmaceuticals Intl Inc Analyst Notes
On May 21, 2014, Valeant Pharmaceuticals Intl Inc (Valeant Pharmaceuticals) held the Company's 2014 annual meeting of shareholders and elected ten directors. According to the Company, during the annual meeting shareholders also appointed PricewaterhouseCoopers LLP (United States) as the Company's independent registered public accounting firm until the close of Company's 2015 annual meeting of shareholders; approved the non-binding advisory vote on named executive officer compensation as discussed in the proxy statement; and also approved the 2014 Omnibus Incentive Plan and the authorization and approval of the 320,033 share units grants and 180,000 options, which were made subject to the shareholder approval of the 2014 Plan. The full analyst notes on Valeant Pharmaceuticals are available to download free of charge at:
http://www.analystsreview.com/VRX.pdf/Register
Novartis AG (ADR) Analyst Notes
On May 19, 2014, Novartis AG (ADR) (Novartis) announced the signing of a licensing and commercialization agreement with Ophthotech Corporation (Ophthotech) for the exclusive rights to market Fovista® (anti-PDGF aptamer) outside the U.S. Novartis stated that, Fovista® is being studied in combination with anti-VEGF agents for patients going through wet age-related macular degeneration (wet AMD). Under the financial terms of the agreement, Ophthotech will be given an immediate payment of an upfront fee of USD 200.0 million alongwith potential future recruitment and other milestone payments. The Company added that Ophthotech will hold the marketing rights to Fovista® in the U.S and is also eligible to receive royalties on ex-US Fovista® sales. Additionally, with a Novartis proprietary anti-VEGF treatment, Novartis will develop a co-formulation of Fovista®. The full analyst notes on Novartis are available to download free of charge at:
http://www.analystsreview.com/NVS.pdf/Register
Teva Pharmaceutical Industries Ltd (ADR) Analyst Notes
On May 23, 2014, Teva Pharmaceutical Industries Ltd (ADR) (Teva) announced that U.S. Food and Drug Administration (FDA) has approved the use of QVAR® (beclomethasone dipropionate HFA) equipped with a dose counter for the ongoing treatment of asthma patients age five and older as a preventative therapy. Teva stated that QVAR® is an inhaled corticosteroid (ICS) and recommended as a twice-daily treatment for long-term asthma control. According to the Company, the new product will be available later in 2014. "Bringing QVAR® with a dose counter to market reaffirms Teva's commitment to addressing unmet needs by providing high-quality and innovative solutions to patients," said Tushar Shah, MD, Senior Vice President, Teva Global Respiratory Research and Development. "Adding to our rich heritage within the respiratory space, we are pleased that all Teva Respiratory brands in the U.S. will soon include a dose counter, which will help patients and caregivers track how many doses of their medication remain." The full analyst notes on Teva are available to download free of charge at:
http://www.analystsreview.com/TEVA.pdf/Register
PTC Therapeutics, Inc. Analyst Notes
On May 21, 2014, PTC Therapeutics, Inc. (PTC Therapeutics) announced that the Company will present at the Jefferies 2014 Global Healthcare Conference on Wednesday, June 4, 2014, at 2:00 p.m. ET, at the Grand Hyatt in New York City. According to PTC Therapeutics, the presentation will be webcast live at its website, and will also be archived for two weeks after the presentation. The full analyst notes on PTC Therapeutics are available to download free of charge at:
http://www.analystsreview.com/PTCT.pdf/Register
Agilent Technologies Inc. Analyst Notes
On May 22, 2014, Agilent Technologies Inc. (Agilent ) announced a quarterly dividend of 13.2 cents per share of common stock. The Company informed that the dividend is payable on July 23, 2014, to all shareholders of record at the close of business on July 1, 2014. The full analyst notes on Agilent are available to download free of charge at:
http://www.analystsreview.com/A.pdf/Register
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