Navigation Links
Financial Results, Agreements, Meetings, and Clinical Trials - Research Report on Cell Therapeutics, Akorn, Ligand, Intercept Pharmaceuticals and Ariad Pharmaceuticals
Date:11/20/2013

NEW YORK, November 20, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom

Today, Analysts' Corner announced new research reports highlighting Cell Therapeutics, Inc. (NASDAQ: CTIC), Akorn, Inc. (NASDAQ: AKRX), Ligand Pharmaceuticals Incorporated (NASDAQ: LGND), Intercept Pharmaceuticals, Inc. (NASDAQ: ICPT), and Ariad Pharmaceuticals Inc. (NASDAQ: ARIA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Cell Therapeutics, Inc. Research Report

On November 15, 2013, Cell Therapeutics, Inc. (Cell Therapeutics) along with Baxter International Inc. (Baxter) announced that the two have entered into an exclusive worldwide licensing agreement to develop and commercialize pacritinib - a novel investigational JAK2/FLT3 inhibitor with activity against genetic mutations linked to myelofibrosis, leukemia, and certain solid tumors. Cell Therapeutics stated that under the terms of the agreement, Baxter gains exclusive commercialization rights for all indications for pacritinib outside the U.S., and the Company will commercialize pacritinib in the U.S. together with Baxter. Commenting on the agreement, James A. Bianco, M.D. President and CEO of Cell Therapeutics stated, "We believe Baxter represents the ideal strategic partner to achieve the full potential of pacritinib. Our two companies share a dedication to oncology and a vision for bringing this unique oral JAK2/FLT3 inhibitor to patients with certain blood cancers and solid tumors. This collaboration will provide additional financial resources and commercial expertise to position us to pursue the development, commercialization and market potential of pacritinib." The Full Research Report on Cell 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/f9df_CTIC

--

Akorn, Inc. Research Report

On November 6, 2013, Akorn, Inc. (Akorn) announced that the Company will be participating at the Midyear Clinical Meeting of American Society of Heath-System Pharmacists (ASHP), to be held from December 2 to December 6, 2013 in Las Vegas, Nevada. The Company informed that ASHP's Midyear Clinical Meeting is the largest gathering of pharmacists in the world that focuses on improving patient care and medication safety, and is attended by over 20,000 pharmacy professionals from about 100 countries. Full Research Report on Akorn, 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/900c_AKRX

--

Ligand Pharmaceuticals Incorporated Research Report

On November 12, 2013, Ligand Pharmaceuticals Incorporated (Ligand) announced the commencement of a Phase 1 clinical trial with the Company's glucagon receptor antagonist LGD-6972 for the treatment of type 2 diabetes. Ligand stated that the randomized double-bind trial is designed to evaluate the safety and tolerability of ascending single oral doses of LGD-6972 in healthy subjects and in subjects with type 2 diabetes. Matthew W. Foehr, Executive Vice President and COO of Ligand, commented, "We believe glucagon receptor antagonism holds an important potential in the treatment and management of type 2 diabetes. We are excited to begin this Phase 1 study with this novel drug, and look forward to evaluating results in 2014. LGD-6972 is a significant unpartnered asset of Ligand, as approximately 350 million people have diabetes worldwide. The market for diabetes drugs is projected to exceed $60 billion by 2020." The Full Research Report on Ligand Pharmaceuticals 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/3b8d_LGND

--

Intercept Pharmaceuticals, Inc. Research Report

On November 14, 2013, Intercept Pharmaceuticals, Inc. (Intercept Pharmaceuticals) reported its financial results for Q3 2013. Licensing revenue for Q3 2013 was down by 22.6% YoY to $0.4 million. Net loss attributable to common stockholders for the quarter was $31.7 million, or $1.65 per diluted share, compared to net loss attributable to common stockholders of $6.2 million or $1.86 per diluted share in Q3 2012. Intercept Pharmaceuticals stated that with effect from October 1, 2013, it has extended the term of its research program with Servier relating to the discovery of novel TGR5 agonists until September 30, 2015. The Company also announced that its CEO, Mark Pruzanski, M.D, will be presenting at the following upcoming investor conferences: Jefferies 2013 London Healthcare Conference on November 21, 2013 at 8:40 a.m. GMT; 2013 Deutsche Bank BioFEST on December 3, 2013, at 11:20 a.m. ET; and Oppenheimer 24th Annual Healthcare Conference on December 10, 2013, at 3:20 p.m. ET. The Full Research Report on Intercept Pharmaceuticals, 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/b477_ICPT

--

Ariad Pharmaceuticals Inc. Research Report

On November 12, 2013, Ariad Pharmaceuticals Inc. (Ariad) reported its Q3 2013 financial results. In addition, the Company also announced the actions it is taking to reduce cash used in operations over the next two years and to better align its resources to areas of narrowed strategic focus. During Q3 2013, total revenues were $16.7 million, compared to $85,000 in Q3 2012. Net loss was $66.3 million or $0.36 per diluted share during the quarter, compared to $53.2 million or $0.32 per diluted share in Q3 2012. Ariad Chairman and CEO Harvey J. Berger, M.D., stated, "Following recent corporate developments, we have taken swift action to significantly reduce operating expenses and extend our cash runway. Additionally, we have refocused and reprioritized our investments around near-term, shareholder-value creating activities." 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:

http://www.analystscorner.com/r/full_research_report/161c_ARIA

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
  5. For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


'/>"/>
SOURCE Analysts' Corner
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. First Financial Expands into Canada to Meet Increasing Demand for its Leasing Solutions
2. Immune Pharmaceuticals Reports Third Quarter 2013 Financial Results
3. Cardium Reports On Third Quarter 2013 Financial Results And Recent Business Developments
4. GW Pharmaceuticals plc Reports 2013 Q4 and Full Year Financial Results
5. Pressure BioSciences, Inc. Discusses Record Third Quarter Revenue, Strong Fourth Quarter Guidance, Significant Progress on New Instrument Systems, and Expectation to Pay-Off All Outstanding Convertible Notes at the SeeThruEquity Financial Conference
6. MidCap Financial Acquired by an Entity Managed by Apollo Global Management
7. CorMedix to Report Third Quarter Financial Results on November 19, 2013
8. International Isotopes Inc. Announces Third Quarter And Nine Months 2013 Financial Results
9. ULURU Inc. Reports Third Quarter 2013 Financial Results
10. China Pharma Holdings, Inc. Reports Third Quarter 2013 Financial Results
11. TPI Reports First Quarter Fiscal Year 2014 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... 2016 Research and Markets has announced ... Forecast to 2022" report to their offering. ... the patients with kidney failure, it replaces the function of ... patient,s blood and thus the treatment helps to keep the ... balance. Increasing number of ESRD patients & ...
(Date:6/23/2016)...  In a startling report released today, National Safety Council ... a comprehensive, proven plan to eliminate prescription opioid overdoses. ... states are tackling the worst drug crisis in recorded U.S. history, ... Kentucky , New Mexico , ... the 28 failing states, three – Michigan , ...
(Date:6/23/2016)... 2016 Capricor Therapeutics, Inc. ... biotechnology company focused on the discovery, development and ... enrollment in its ongoing randomized HOPE-Duchenne clinical trial ... of its 24-patient target. Capricor expects the trial ... of 2016, and to report top line data ...
Breaking Medicine Technology:
(Date:6/26/2016)... Clarkston, Michigan (PRWEB) , ... June 26, 2016 ... ... respect to fertility once they have been diagnosed with endometriosis. These women need ... but they also require a comprehensive approach that can help for preservation of ...
(Date:6/25/2016)... ... June 25, 2016 , ... First Choice Emergency ... named Dr. Sesan Ogunleye, as the Medical Director of its new Mesquite-Samuell Farm facility. ... Director of our new Mesquite location,” said Dr. James M. Muzzarelli, Executive Medical Director ...
(Date:6/24/2016)... ... June 24, 2016 , ... A recent article published ... unfamiliar with. The article goes on to state that individuals are now more comfortable ... less common operations such as calf and cheek reduction. The Los Angeles area medical ...
(Date:6/24/2016)... ... June 24, 2016 , ... Global law firm Greenberg Traurig, P.A. announced ... attorneys chosen by their peers for this recognition are considered among the top 2 ... received special honors as members of this year’s Legal Elite Hall of Fame: ...
(Date:6/24/2016)... ... June 24, 2016 , ... EB Medicine presented its first-ever ... Medicine conference in Ponte Vedra Beach, FL. The awards honor the outstanding work ... Practice and Pediatric Emergency Medicine Practice. , “With this award, we recognize ...
Breaking Medicine News(10 mins):