Updates on Ongoing Clinical Trials and Retail Expansions - Research Report on Achillion, Medivation, ACADIA, Halozyme, and Charles River Laboratories
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NEW YORK, July 5, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN), Medivation, Inc. (NASDAQ: MDVN), ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD), Halozyme Therapeutics, Inc. (NASDAQ: HALO), and Charles River Laboratories International, Inc. (NYSE: CRL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Achillion Pharmaceuticals, Inc. Research Report
On July 1, 2013, Achillion Pharmaceuticals, Inc. (Achillion) announced that the Company has received a notice from the US Food and Drug Administration (FDA) that placed sovaprevir on clinical hold after elevations in liver enzymes associated with significantly higher than anticipated exposures to atazanivir and sovaprevir were noted in a Phase 1 healthy subject drug-drug interaction (DDI) study, which evaluated the effects of concomitant administration of sovaprevir with ritonavir-boosted atazanavir. In order to resolve the clinical hold, the FDA has asked Achillion to submit study reports from two DDI studies and an integrated safety analysis of ongoing sovaprevir trials, which the latter expects to provide in approximately six weeks. Further, Achillion announced that the FDA has allowed the Company to continue with the enrollment and treatment of patients in the Phase 2-007 clinical trial, which evaluates 12-weeks of sovaprevir in combination with ACH-3102 and ribavirin for patients with treatment-naive genotype 1 hepatitis C viral infection (HCV). The Full Research Report on Achillion 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/0fa0_ACHN]
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Medivation, Inc. Research Report
On June 26, 2013, Medivation, Inc. (Medivation) and Astellas Pharma Inc. (Astellas) jointly announced the enrollment of their first patient in a global Phase 2 clinical trial to evaluate enzalutamide as a single agent for the treatment of advanced, androgen receptor (AR)-positive, triple-negative breast cancer (TNBC). The Companies intend to enroll approximately 80 patients with AR-positive, TNBC at different sites in the US, Canada and Europe, under its Phase 2 open label trial. "The initiation of this Phase 2 study marks an important milestone as we expand our enzalutamide development program beyond prostate cancer to explore the clinical efficacy of enzalutamide in triple-negative breast cancer, where there is a significant unmet medical need," said David Hung, M.D., President and CEO of Medivation. Hung further added that the partnership intends to present the results from the Phase 1 study at an upcoming scientific conference. The Full Research Report on Medivation, 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/4e75_MDVN]
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ACADIA Pharmaceuticals Inc. Research Report
On July 1, 2013, ACADIA Pharmaceuticals Inc. (ACADIA) announced that the Company has been added to the Russell 2000 Index, with effect from June 28, 2013 after the market closes. ACADIA has also managed to find a place in the Russell 3000 and Russell Global Indexes, which are widely used by investment managers and institutional investors for index funds and as benchmarks for passive and active investment strategies. In a release made by the Company on July 2, 2013, ACADIA is set to present at the 8th Annual JMP Securities Healthcare Conference on July 9, 2013, 1:00 p.m. Eastern Time at The St. Regis New York. The Full Research Report on ACADIA 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/34b6_ACAD]
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Halozyme Therapeutics, Inc. Research Report
On June 30, 2013, Halozyme Therapeutics, Inc. (Halozyme) announced interim results from a proof of concept Phase 1/2 clinical trial, which was conducted to evaluate the activity and local tolerability of HTI-501 for use in aesthetic dermatology. In the Phase 1/2 study, 83% of the subjects showed improvement from the pretreatment assessment, with a median improvement of 53% (p=.006) by the primary physician assessment. "In the initial patients treated thus far, the response to treatment with HTI-501 has been encouraging," said Francisco Perez, M.D., immediate past President of World Congress of Cosmetic Dermatology and Principal Clinical Investigator. "We are particularly interested in subsequent three and six month observations, which have shown further improvement in some subjects treated thus far." The Full Research Report on Halozyme 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/eb1a_HALO]
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Charles River Laboratories International, Inc. Research Report
On July 2, 2013, Charles River Laboratories International, Inc. (Charles River Laboratories) reported that the Company will release its Q2 2013 financial results on July 31, 2013, after the market closes. A conference call has been scheduled on August 1, 2013, at 9:00 a.m. Eastern Time, to discuss the financial results. At its Q1 2013 earnings release, James C. Foster, Chairman and CEO of Charles River Laboratories, stated, "While demand for research models was slower than expected at the beginning of the year, we believe that trends will improve as we progress through 2013. As a result, we continue to expect to achieve our 2013 guidance of 4% to 6% constant-currency sales growth, and non-GAAP earnings per share in a range between $2.80 and $2.90." The Full Research Report on Charles River Laboratories International, 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/a979_CRL]
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SOURCE Wall Street Reports
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