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SOURCE Analysts' Corner
NEW YORK, January 16, 2014 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Endo Health Solutions, Inc. (NASDAQ: ENDP), ARIAD Pharmaceuticals, Inc. (NASDAQ: ARIA), Align Technology, Inc. (NASDAQ: ALGN), PAREXEL International Corporation (NASDAQ: PRXL), and The Medicines Company (NASDAQ: MDCO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Endo Health Solutions, Inc. Research Report
On January 9, 2014, Endo Health Solutions, Inc. (Endo) announced that it has entered into a definitive agreement to sell its HealthTronics business to Altaris Capital Partners, LLC (Altaris) for an upfront cash payment of $85 million, subject to cash and other working capital adjustments. Additionally, Endo stated that it will receive rights to additional cash payments of up to $45 million based on the future operating performance of HealthTronics for a total consideration of up to $130 million. "The divestiture of HealthTronics enables us to focus more sharply on achieving our objective of building Endo into a leading product-based specialty healthcare company," said Rajiv De Silva, President and CEO of Endo. "I am pleased that the agreement with Altaris will provide an opportunity for the employees of HealthTronics to join an organization that will focus on growing this leading provider of products and services to U.S.-based Urologists." The Company added that it expects the transaction to close in Q1 2014. The Full Research Report on Endo Health Solutions, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
ARIAD Pharmaceuticals, Inc. Research Report
On January 13, 2014, ARIAD Pharmaceuticals, Inc. (ARIAD) reported that it has selected Biologics, Inc. (Biologics) to be the sole specialty pharmacy provider of Iclusig (ponatinib) as well as manager of its Patient Access and Support Services (ARIAD PASS) program. "We believe Biologics' approach to patient care and expertise within oncology will deliver the best value and experience to our patients and providers," said Marty J. Duvall, Executive Vice President and Chief Commercial Officer at ARIAD. "Our primary objective is to make sure that our patients can access, afford and adhere to this important cancer medicine." The Company further notified that its decision to utilize a close distribution network with Biologics was made to ensure a high-touch care model for patients on Iclusig, as well as to increase efficiencies as the product is made commercially available in the US in January 2014. The Full Research Report on ARIAD Pharmaceuticals, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Align Technology, Inc. Research Report
On January 13, 2014, Align Technology, Inc. (Align Technology) announced the promotion of Raphael S. Pascaud to the position of Vice President International, wherein he will report directly to Thomas M. Prescott, President and CEO of the Company. According to the Align Technology, Pascaud in his new role succeeded Richard Towney, who resigned at the end of 2013. "Raphael has been a very effective leader of our Europe, Middle East, and Africa Region for several years, driving continued growth and expansion in this largest component of our international business," said Prescott. "During his tenure at Align, Raphael has been recognized as a valuable member of the senior management team and I am very pleased to have him take on this new role and level of responsibility. We have a tremendous opportunity to extend our growth outside of North America and I look forward to Raphael extending his enthusiasm and expertise to our Asia Pacific and Latin America sales and marketing efforts." The Full Research Report on Align Technology, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
PAREXEL International Corporation Research Report
On January 13, 2014, PAREXEL International Corporation (PAREXEL) announced its operational and financial outlook for Q2 FY 2014 (period ended December 31, 2013), and full-year FY 2014 (period ending June 30, 2014).The Company informed that it expects to report a net book-to-bill ratio in excess of 1.3 in Q2 FY 2014. Meanwhile, PAREXEL expects its revenues to range between $480 million to $485 million, and GAAP EPS to be between $0.48 and $0.50 during the quarter. For full-year FY 2014, the Company expects revenues to be between $1.895 - $1.925 billion, and GAAP EPS to range between $1.97 and $2.11. The Full Research Report on PAREXEL International Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
The Medicines Company Research Report
On January 13, 2014, The Medicines Company (Medicines Co.) announced that the U.S. Food and Drug Administration (FDA) has designated Carbavance as a Qualified Infectious Disease Product (QIDP). According to the Company, the QIDP designation for Carbavance, a novel class of beta-lactamase inhibitors designed by Medicines Co.'s subsidiary, Rempex Pharmaceuticals, qualifies the investigational agent for priority review by the FDA, for the FDA's "fast track" status, and an additional five years of exclusivity upon approval of the product for intravenous use in six indications. "We believe a priority review and approval will help us bring the novel Carbavance to patients with serious gram negative infections more quickly," said Clive Meanwell, MD, PhD, Chairman and CEO of Medicines Co. "Advancing Carbavance serves our purpose to save lives, alleviate suffering, and contribute to the economics of healthcare by serving leading hospitals." The Full Research Report on The Medicines Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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