Upcoming Financial Results, Recent Investments and Agreements, and Expanded Collaborations - Analyst Notes on PerkinElmer, PAREXEL, WuXi, Response Genetics, and Foundation Medicine
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 9, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding PerkinElmer, Inc. (NYSE: PKI), PAREXEL International Corporation (NASDAQ: PRXL), WuXi PharmaTech (Cayman) Inc. (NYSE: WX), Response Genetics, Inc. (NASDAQ: RGDX), and Foundation Medicine, Inc. (NASDAQ: FMI). 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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PerkinElmer, Inc. Analyst Notes
On April 4, 2014, PerkinElmer, Inc. (PerkinElmer) announced that intends to release its Q1 2014 financial results on April 24, 2014, after market close. On the same day, the Company has scheduled a conference call at 5:00 p.m. ET to discuss the results. PerkinElmer informed that its Chairman and CEO, Robert F. Friel, and Senior Vice President and CFO, Andy Wilson, will host the conference call. The full analyst notes on PerkinElmer, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04092014/PKI/report.pdf
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PAREXEL International Corporation Analyst Notes
On April 1, 2014, PAREXEL International Corporation (PAREXEL) announced that it intends to release its financial results for Q3 FY 2014 on April 29, 2014, after the close of the stock market. On the following day, April 30, 2014, the Company has scheduled a conference call and live webcast at 10:00 a.m. EDT to discuss the results. The full analyst notes on PAREXEL International Corporation are available to download free of charge at:
http://www.AnalystsReview.com/04092014/PRXL/report.pdf
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WuXi PharmaTech (Cayman) Inc. Analyst Notes
On April 1, 2014, WuXi PharmaTech (Cayman) Inc. (WuXi) announced that WuXi Corporate Venture Fund has made an investment in TruTag Technologies, Inc. (TruTag). The Company informed that TruTag is a developer of the leading edible, covert security platform to address the global product counterfeiting challenge. In addition, the Companies announced that they will explore collaborations to offer WuXi's global customers the TruTag on-dose authentication solution to help prevent counterfeiting and to enhance drug safety. "WuXi is pleased to invest in this cutting-edge technology and to explore its further development to enhance patient safety and protect our customers' intellectual property," said Dr. Ge Li, Chairman and CEO of WuXi. The full analyst notes on WuXi PharmaTech (Cayman) Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04092014/WX/report.pdf
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Response Genetics, Inc. Analyst Notes
On April 3, 2014, Response Genetics, Inc. (Response Genetics) announced that it has signed agreements with six additional health plans across 10 states, bringing the Company's total national contracted membership to more than 174 million customers. Response Genetics stated that these new agreements mark a further step forward in the Company's growing managed care contracting program. Also, the Company said that with these agreements, Response Genetics is now in-network with a total of thirteen Blue Cross Blue Shield health plans, which brings the total number of "Blues" subscribers with direct access to Response Genetics to approximately 23 million. The full analyst notes on Response Genetics, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04092014/RGDX/report.pdf
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Foundation Medicine, Inc. Analyst Notes
On April 3, 2014, Foundation Medicine, Inc. (Foundation Medicine) announced the expansion of its ongoing collaboration with Clovis Oncology, Inc. (Clovis) to incorporate a coordinated regulatory strategy for the development of a novel Premarket Approval (PMA) companion diagnostic test, designed for use by physicians to identify patients most likely to respond to rucaparib. "In addition to helping bring an important new therapy to patients with ovarian cancer, this collaboration marks a paradigm shift in the development of companion diagnostics. The use of Foundation Medicine's platform is an important step in the evolution of cancer care from a static, single-gene companion diagnostic approach toward a universal companion diagnostic standard," said Michael J. Pellini, M.D., President and CEO of Foundation Medicine. "This agreement complements Foundation Medicine's plans to develop an FDA-approved companion diagnostic and supports our overall strategy to work with the FDA to establish the appropriate regulatory framework for novel, comprehensive genomic profiling platforms. We are very pleased to continue our support of Clovis' highly differentiated clinical development program and maintain our efforts with the company to identify the ovarian cancer patients most likely to benefit from rucaparib." The full analyst notes on Foundation Medicine, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04092014/FMI/report.pdf
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