Upcoming Conference Calls, Commencement of Shipments, Stock Price Movements, Awareness Campaigns, and Acquisitions - Analyst Notes on Incyte, Impax, ANI, Ironwood and Aastrom
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NEW YORK, April 24, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Incyte Corporation (NASDAQ: INCY), Impax Laboratories Inc. (NASDAQ: IPXL), ANI Pharmaceuticals, Inc. (NASDAQ: ANIP), Ironwood Pharmaceuticals Inc. (NASDAQ: IRWD) and Aastrom Biosciences, Inc. (NASDAQ: ASTM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1519-100free.
Incyte Corporation Analyst Notes
On April 16, 2014, Incyte Corp. (Incyte) announced that it will report its Q1 2014 financial results through a press release on Thursday, May 1, 2014, at 7:00 a.m. ET. The Company informed that it will also host a conference call on the same day at 8:30 a.m. ET. Incyte stated that the live webcast of the call will be accessible through the Investor Relations section of the Company's website. The full analyst notes on Incyte are available to download free of charge at:
http://www.analystsreview.com/1519-INCY-24Apr2014.pdf
Impax Laboratories Inc. Analyst Notes
On April 16, 2014, Impax Laboratories, Inc. (Impax) announced that it intends to begin the shipment of authorized generic RENVELA (sevelamer carbonate 800 mg tablets), through Global Pharmaceuticals, Impax's generics division. Under the terms of a settlement agreement between Genzyme and Impax, Genzyme agreed to grant Impax a license to sell an allotment of a specified number of bottles of an authorized generic version of RENVELA tablets commencing on April 16, 2014. "We are excited to market this product and provide patients with a more affordable treatment option," said Carole S. Ben-Maimon, M.D., President of Global Pharmaceuticals. "This product will be an important contributor to our 2014 financial results." The Company added that it continues to pursue approval of its pending Abbreviated New Drug Application for generic RENVELA with the U.S. Food and Drug Administration (FDA). The full analyst notes on Impax are available to download free of charge at:
http://www.analystsreview.com/1519-IPXL-24Apr2014.pdf
ANI Pharmaceuticals, Inc. Analyst Notes
On April 21, 2014, ANI Pharmaceuticals Inc. (ANI) stock increased 20.67% to end the day at $30.83. The Company's stock rose 42.60% over the past three trading days, compared to the Nasdaq Composite which gained 2.17% during the same trading period. The full analyst notes on ANI are available to download free of charge at:
http://www.analystsreview.com/1519-ANIP-24Apr2014.pdf
Ironwood Pharmaceuticals Inc. Analyst Notes
On April 10, 2014, Ironwood Pharmaceuticals, Inc. (Ironwood) and Forest Laboratories, Inc. (Forest) announced the launch of a new direct-to-consumer (DTC) patient awareness campaign for LINZESS, a once-daily treatment for adults with irritable bowel syndrome with constipation (IBS-C) or chronic idiopathic constipation (CIC). According to the Company, the campaign's goal is to help adults recognize the symptoms of these disorders and ask their doctor about LINZESS to help proactively manage their disease. Tom McCourt, Chief Commercial Officer at Ironwood said, "Even among patients who are diagnosed with IBS-C or CIC, fewer than 10 percent are aware of LINZESS, so we see a significant need to raise awareness of these disease states and of LINZESS as a possible treatment option." According to the Company, LINZESS is the first and only FDA-approved treatment in a new class of medicines for IBS-C and CIC known as GC-C agonists. The full analyst notes on Ironwood are available to download free of charge at:
http://www.analystsreview.com/1519-IRWD-24Apr2014.pdf
Aastrom Biosciences, Inc. Analyst Notes
On April 21, 2014, Aastrom Biosciences, Inc. (Aastrom) announced that it has entered into a definitive agreement to acquire Cell Therapy and Regenerative Medicine (CTRM) business of Sanofi for $6.5 million. "The acquisition of Sanofi's CTRM business is a transformative transaction that positions Aastrom as a fully-integrated global regenerative medicine company," said Nick Colangelo, President and CEO of Aastrom. "The CTRM business brings us global manufacturing, marketing and sales capabilities that are structured to support the current portfolio of marketed products as well as our future product development plans. This transaction also provides us with a platform to generate operating income to support the development of our high-potential pipeline products and continued growth through additional strategic transactions." The Company stated that acquisition is subject to customary closing conditions and it intends to close it in approximately three weeks from the date of announcement. The full analyst notes on Aastrom are available to download free of charge at:
http://www.analystsreview.com/1519-ASTM-24Apr2014.pdf
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