Trial Results, Product Approvals, Upcoming Meetings, Dividend Announcements, and Product Comparisons - Analyst Notes on Amgen, Abbott, Express Scripts, Zoetis, and Edwards
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NEW YORK, April 2, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Amgen Inc. (NASDAQ: AMGN), Abbott Laboratories (NYSE: ABT), Express Scripts Holding Company (NASDAQ: ESRX), Zoetis Inc. (NYSE: ZTS), and Edwards Lifesciences Corp. (NYSE: EW). 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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Amgen Inc. Analyst Notes
On March 30, 2014, Amgen Inc. (Amgen) released new detailed data from two Phase 3 pivotal studies that showed treatment with its novel investigational cholesterol-lowering medication, evolocumab (AMG 145), resulted in a statistically significant reduction in low-density lipoprotein cholesterol (LDL-C). The data showed that the drug showed reduction in LDL cholesterol of 37% - 39%, compared to ezetimibe in patients with high cholesterol who cannot tolerate statins. Compared to those given placebo, the drug resulted in reduction in LDL of 55% - 76%. The results of the two studies of Amgen's evolocumab, presented at the American College of Cardiology meeting in Washington, showed that the drug will help patients who are on a moderate or high-intensity statin and not adequately controlled, as well as patients who cannot tolerate statins and are in need of an alternate treatment option to help lower their LDL cholesterol levels. According to the Centers for Disease Control and Prevention, more than 71 million American adults have high LDL-C, or "bad" cholesterol. The positive study results were welcomed by investors as the stock of Amgen gained 2.31% to close at $123.34 on March 31, 2014. The full analyst notes on Amgen Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/AMGN/report.pdf
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Abbott Laboratories Analyst Notes
On March 28, 2014, Abbott Laboratories (Abbott) announced that the U.S. Food and Drug Administration (FDA) has approved the Company's Supera Peripheral Stent System that treats people with blocked blood vessels in the upper leg caused by peripheral artery disease (PAD). The approval of Supera Peripheral Stent System is based on data from the SUPERB clinical trial, which showed that the Supera stent proved highly effective in opening up blocked blood vessels in the upper leg, even in difficult cases. Also, it observed that during the first year after treatment with the Supera stent, there were no stent fractures, and at two years there was a very low stent fracture rate of 0.5%. The approval gives Abbott rapid entry into one of the fastest-growing segments of the peripheral stent market. Abbott expanded its product portfolio with the Supera stent, which already has a CE mark in Europe, through the acquisition of IDEV Technologies in August 2013. The full analyst notes on Abbott Laboratories are available to download free of charge at:
http://www.AnalystsReview.com/04022014/ABT/report.pdf
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Express Scripts Holding Company Analyst Notes
Express Scripts Holding Company (Express Scripts) posted on its Events calendar that the Company will hold its Annual Shareholder Meeting on May 7, 2014 at 8:00 a.m. CT at the Company's principal Executive Offices at One Express Way, Saint Louis, Missouri. Express Scripts is headquartered in St. Louis, and provides integrated pharmacy-benefit management services, including network-pharmacy claims processing, home delivery, specialty benefit management, benefit-design consultation, drug-utilization review, formulary management, and medical and drug data analysis services. The full analyst notes on Express Scripts Holding Company are available to download free of charge at:
http://www.AnalystsReview.com/04022014/ESRX/report.pdf
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Zoetis Inc. Analyst Notes
On March 26, 2014, Zoetis Inc. (Zoetis) announced its Q2 2014 dividend of $0.072 per share payable on June 2, 2014 to holders of record on April 28, 2014. This dividend represents an increase of 11% from the quarterly dividend rate paid by animal health company in 2013. The stock of the Company has slipped 11.42% in Q1 2014 amidst weaker-than-expected full-year 2014 guidance. The Company, which swung to profit in Q4 2013 with net income of $105 million versus net loss of $10 million in Q4 2012, reported a full-year 2014 guidance that was below analysts' estimates polled by Reuters. For full year 2014, Zoetis expects revenues in the range of $4.65 billion to $4.75 billion, and EPS in the range of $1.15 to $1.21 per share. The full analyst notes on Zoetis Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/ZTS/report.pdf
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Edwards Lifesciences Corp. Analyst Notes
On March 30, 2014, Bloomberg reported that Edwards Lifesciences Corp.'s (Edwards) second generation Sapien XT, which is used to repair a calcified aortic valve in the heart, performed better than the closest rival's device in a head-to-head comparison. Intensifying the race to acquire a developing market for heart valves that can be inserted without open-heart surgery, a new group of researchers found that Edwards' Sapien XT had about the same death rate as the competitor's device, and was easier to insert. Bloomberg further reported that the German study of 241 patients concluded that doctors were able to successfully implant Sapien XT in 96% of patients, compared with 78% for the rival's device. The full analyst notes on Edwards Lifesciences Corp. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/EW/report.pdf
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