NEW YORK, August 6, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Teva Pharmaceutical Industries Ltd. (NYSE: TEVA), Auxilium Pharmaceuticals (NASDAQ: AUXL), Nektar Therapeutics (NASDAQ: NKTR), Anika Therapeutics, Inc. (NASDAQ: ANIK), and Vical Incorporated (NASDAQ: VICL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Teva Pharmaceutical Industries Ltd. Research Report
On August 1, 2013, Teva Pharmaceutical Industries Ltd. (Teva) reported its financial results for Q2 2013. Total revenues decreased 1.4% YoY to $4.9 billion. Net loss attributable to Teva was $452 million or $0.53 per diluted share in Q2 2013, compared to net income of $863 million or $0.99 per diluted share in Q2 2012. Commenting on the results, Jeremy Levin, Teva's President and Chief Executive Officer, said, "Net revenue of $4.9 billion was in-line with the previous quarter, and we are pleased with increased sales in our Specialty franchise, as well as in our OTC business. In the short to mid-term, we are especially excited by the positive momentum of our U.S. Generics business, progression in our R&D portfolio, especially in the NTE franchise, and by the expected launches of key generic and specialty medicines." The Full Research Report on Teva Pharmaceutical Industries Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/e3a3_TEVA]
Auxilium Pharmaceuticals Research Report
On August 1, 2013, Auxilium Pharmaceuticals, Inc. (Auxilium) reported its financial results for Q2 2013. Net revenues increased 28.5% YoY to $100.5 million. On a GAAP basis, net income was $57.1 million or $1.15 per diluted share in Q2 2013, compared to net income of $7.7 million or $0.16 per diluted share in Q2 2012. Commenting on the results, Adrian Adams, Chief Executive President of Auxilium, said, "In the second quarter of 2013, Auxilium achieved strong growth and record net revenues, and we are confident of achieving the $20 million synergy target we have set for 2014 from the integration of Actient. For the remainder of 2013 and beyond, we will continue to focus on delivering excellence in execution with a new commercial structure and a broader and more diversified product portfolio. We also look forward to the upcoming PDUFA date for XIAFLEX for the treatment of Peyronie's disease and are planning a potential launch in the U.S. in the fourth quarter, pending FDA approval for this indication." The Full Research Report on Auxilium Pharmaceuticals - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/86a4_AUXL]
Nektar Therapeutics Research Report
On July 30, 2013, Nektar Therapeutics (Nektar) announced the completion of enrollment in its pivotal clinical study of etirinotecan pegol (NKTR-102) in patients with metastatic breast cancer. The Company stated that the Phase 3 study (BEACON trial) is evaluating etirinotecan pegol versus a single-agent treatment of physicians' choice for the treatment of locally recurrent metastatic breast cancer. Robert Medve, M.D., Senior Vice President and Chief Medical Officer of Nektar, said, "We recognize the high unmet need for new treatment options in the metastatic breast cancer setting, particularly among patients with HER2-negative breast cancer whose disease has progressed following anthracycline, taxane and capecitabine therapies. The primary endpoint in the BEACON study is survival and as we have previously announced, we plan to conduct an interim futility analysis for the BEACON study in the first quarter of next year with topline survival data to be available around the end of 2014." According to Nektar, etirinotecan pegol is the first long-acting topoisomerase I inhibitor designed to concentrate in tumor tissue to provide sustained tumor suppression throughout the entire chemotherapy cycle.The Full Research Report on Nektar Therapeutics - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/3421_NKTR]
Anika Therapeutics, Inc. Research Report
On July 31, 2013, Anika Therapeutics, Inc. (Anika) reported its financial results for Q2 2013. Total revenue increased 6.1% YoY to $20.8 million. Net income was $5.9 million or $0.40 per diluted share, compared to net income of $3.7 million or $0.26 per diluted share in Q2 2012. Charles H. Sherwood, Ph.D., President and Chief Executive Officer of Anika said, "Total revenue grew 6% from the second quarter last year, driven by robust Orthobiologics product demand. We are also very pleased with achieving a record second quarter net income, which represents a 58% increase from the same period last year. Our consistent delivery of product revenue growth and planned business improvements has enabled us to drive bottom line growth and generate robust cash flow." The Full Research Report on Anika Therapeutics, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/ae5d_ANIK]
Vical Incorporated Research Report
On August 1, 2013, Vical Incorporated (Vical) reported its financial results for Q2 2013. Total revenues decreased approximately 7% YoY to $1.5 million. According to Vical, this reflects ongoing reimbursements from Astellas Pharma Inc. for expenses related to the development of ASP0113 (TransVax), Vical's therapeutic vaccine designed to control cytomegalovirus (CMV) reactivation in transplant recipients. Net loss was $9.9 million or $0.11 per diluted share, compared to net loss of $7.9 million or $0.09 per diluted share in Q2 2012. The Full Research Report on Vical Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/ab7d_VICL]
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