Welfare Initiatives, Clinical Data Presentation, Financing Plan, Regulatory Disclosure, and Positive Drug Trials - Research Reports on Johnson & Johnson, Merck, Medtronic, Covidien and Amgen
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NEW YORK, October 13, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Johnson & Johnson (NYSE: JNJ), Merck & Co. Inc. (NYSE: MRK), Medtronic, Inc. (NYSE: MDT), Covidien plc (NYSE: COV) and Amgen Inc. (NASDAQ: AMGN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7112-100free.
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Johnson & Johnson Research Reports
On October 6, 2014, Johnson & Johnson's vision care solutions provider arm Johnson & Johnson Vision Care Companies (JJVCC) announced that its Sight for Kids program, which it runs in partnership with Lions Club International Foundation, has now reached 20 million children with free, volunteer-directed vision screenings. JJVCC is now expanding the program into Greater Nairobi, Kenya and Ankara, Turkey, the first two countries to receive its services in Africa and Europe. "As our worldwide footprint grows, we know that the Sight for Kids model works and has made a significant impact on children in underserved communities," said Robert Hollin, Worldwide President, Johnson & Johnson Medical Limited. As per the Company, Sight for Kids, one of the longest running and largest public-private vision-screening programs in the world, has grown by nearly 1.8 million children screened per year since its launch in 2002. The full research reports on Johnson & Johnson are available to download free of charge at:
http://www.analystsreview.com/Oct-13-2014/JNJ/report.pdf
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Merck & Co. Inc. Research Reports
On October 8, 2014, Merck & Co. Inc. (Merck) announced that it will present a new data from clinical studies of the Company's investigational, oral, once-daily, fixed-dose combination chronic hepatitis C treatment grazoprevir/elbasvir (MK-5172/MK-8742) at the 65th American Association for the Study of Liver Diseases (AASLD) Annual Meeting, also known as The Liver Meeting®. Merck informed that the meeting is scheduled to take place at the John B. Hynes Veterans Memorial Convention Center in Boston, Massachusetts, from November 7 - November 11, 2014. "Tremendous progress has been made in recent years in the understanding of chronic hepatitis C and its treatment, but it is important that we continue to advance the development of therapies to treat diverse populations of HCV-infected patients," said Dr. Eliav Barr, Vice President, Infectious Diseases, Merck Research Laboratories. "Merck's broad and systematic hepatitis C clinical development program is designed with this goal in mind, and is generating important insights into the potential of grazoprevir/elbasvir across multiple viral genotypes and patient populations." The full research reports on Merck are available to download free of charge at:
http://www.analystsreview.com/Oct-13-2014/MRK/report.pdf
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Medtronic, Inc. Research Reports
On October 3, 2014, Medtronic, Inc. (Medtronic) unveiled a new financing plan to complete the acquisition of Covidien plc (Covidien). The Company said that it now plans to use approximately $16 billion in external financing to fund the transaction, rather than using cash from its foreign subsidiaries, as previously planned. According to a report by Wall Street Journal, the move has come in the backdrop of recent changes in the U.S. tax-rules that would make it tougher for companies like Medtronic to use their overseas cash without paying U.S. taxes. Medtronic said that the transaction is still expected to be accretive to its cash earnings in FY 2016 and thereafter, despite the additional expense of the new financing. Moreover, the Company also stated that its FY 2015 revenue outlook and EPS guidance remain unaffected by this external financing transaction. Medtronic expects the transaction to close in late 2014 or early 2015. The full research reports on Medtronic are available to download free of charge at:
http://www.analystsreview.com/Oct-13-2014/MDT/report.pdf
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Covidien plc Research Reports
On October 7, 2014, Covidien plc (Covidien) announced in a regulatory disclosure that its issued share capital, excluding treasury shares, consisted of 452,488,239 ordinary shares as of the close of business on October 6, 2014. Further, as of the same day, Covidien confirmed that it had outstanding 1.63 million restricted share units, 13.08 million options to purchase ordinary shares, and performance share units that entitle holders to receive up to a maximum of 1.46 million ordinary shares upon vesting. The full research reports on Covidien are available to download free of charge at:
http://www.analystsreview.com/Oct-13-2014/COV/report.pdf
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Amgen Inc. Research Reports
On October 8, 2014, Amgen Inc. (Amgen) announced that its Phase 3 study evaluating safety and efficacy of its biosimilar candidate ABP 501 compared with Humira® (adalimumab) in patients with moderate-to-severe plaque psoriasis met the primary endpoint. Amgen informed that the primary endpoint was the Psoriasis Area and Severity Index (PASI) percent improvement from baseline to week 16 of treatment. "Results from Amgen's biosimilar Phase 3 plaque psoriasis study met the primary endpoint for efficacy and showed comparable safety and immunogenicity to adalimumab, which further demonstrates the Company's commitment to provide patients with access to high-quality medicines," said Sean E. Harper, M.D., Executive Vice President of Research and Development at Amgen. Amgen also informed that it has six biosimilar molecules in development and it expects to launch the portfolio starting in 2017. On the same day, shares of the Company gained 2.97% to close at $140.07. The full research reports on Amgen are available to download free of charge at:
http://www.analystsreview.com/Oct-13-2014/AMGN/report.pdf
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