Financial Results Release, Management Changes, and Newly Issued Permits - Research Report on Valeant, Teva, Endo, Array, and Sequenom Editor Note: For more information about this release, please scroll to bottom. PR Newswire NEW YORK, August 12, 2013 NEW YORK, August 12, 2013 /PRNewswire/ -- Today, Analysts' Corner announced new research reports highlighting Valeant Pharmaceuticals International, Inc. (NYSE: VRX), Teva Pharmaceutical Industries Ltd (NYSE: TEVA), Endo Health Solutions Inc. (NASDAQ: ENDP), Array BioPharma Inc. (NASDAQ: ARRY), and Sequenom, Inc. (NASDAQ: SQNM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Valeant Pharmaceuticals International, Inc. Research Report On August 7, 2013, Valeant Pharmaceuticals International, Inc. (Valeant) reported its Q2 2013 financial results. Total revenues for Q2 2013 were $1.1 billion, up 33.6% YoY. The Company's Q2 2013 net income was $10.9 million, or $0.03 per diluted share, compared with a net loss of $21.6 million, or $0.07 per diluted share, in Q2 2012. J. Michael Pearson, Chairman and CEO of Valeant said, "We are particularly pleased with the performance of our Emerging Markets segment, which delivered organic growth of 14%." The Full Research Report on Valeant Pharmaceuticals International, 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/9fdd_VRX] -- Teva Pharmaceutical Industries Ltd Research Report On August 5, 2013, Teva Pharmaceutical Industries Ltd (Teva) announced the appointments of Ika Abravanel as Executive Vice President of Teva Corporate in Israel and Global Community Alliances, effective September 1, 2013, and of Mark Sabag as Group Executive Vice President of Human Resources at Teva, effective August 11, 2013. According to the Company, Abravanel and Sabag will serve on the Company's Executive Committee and will report to Dr. Jeremy Levin, President and CEO of Teva. 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] -- Endo Health Solutions Inc. Research Report On August 6, 2013, Endo Health Solutions Inc. (Endo) reported its Q2 2013 financial results. In Q2 2013, the Company reported total revenues of $766.5 million, down 2.4% YoY. Q2 2013 adjusted net income came in at $166.3 million, or $1.42 per diluted share, compared with $154.2 million, or $1.27 per diluted share in Q2 2012. Rajiv De Silva, President and CEO of Endo said, "Our expense reduction efforts are on track to meet our objectives, we have made progress in the exploration of strategic alternatives for HealthTronics and our branded pharmaceutical discovery platform, and we have positive organic growth momentum within each of our core businesses." 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: [http://www.analystscorner.com/r/full_research_report/059c_ENDP] -- Array BioPharma Inc. Research Report On August 7, 2013, Array BioPharma Inc. (Array) reported financial results for Q4 FY 2013 and full-year FY 2013 (period ended June 30, 2013). Revenue for Q4 FY 2013 was $25.4 million, up 23% YoY. Net loss was $17.6 million, or $0.15 per share, compared with net loss of $8 million, or $0.09 per share, in Q4 FY 2012. For full-year FY 2013, the Company reported revenue of $69.6 million, down 18.3% YoY. Net loss for full-year FY 2013 was $61.9 million, or $0.57 per share, compared with net loss of $23.6 million, or $0.33 per share, in full-year FY 2012. "Array has made important progress over the past year generating data with ARRY-520 and ARRY-614 to inform pivotal trial decisions by the end of calendar 2013," said Ron Squarer, CEO of Array. "In July, we shared positive results from our Phase 2 study of ARRY-502 which demonstrated its potential to become the first new oral medication for asthma since Singular was approved 15 years ago." The Full Research Report on Array BioPharma 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/e048_ARRY] -- Sequenom, Inc. Research Report On August 5, 2013, Sequenom, Inc. (Sequenom) announced that the New York Department of Health's Wadsworth Center Clinical Laboratory Evaluation Program (CLEP) has issued a clinical laboratory permit, which allows the Sequenom Center for Molecular Medicine's (Sequenom CMM) San Diego facility to provide the MaterniT21 PLUS test to healthcare professionals in New York. According to the Company, this permit is in effect since August 1, 2013. Further, the Company also announced that Sequenom CMM's CLIA laboratory in North Carolina has received accreditation by the College of American Pathologists (CAP), which establishes that the facility has met all the applicable standards required to provide quality laboratory services. "The New York licensure and approval process is a very detailed and complex evaluation by a regulatory body to ensure the accuracy and reliability of laboratory testing that is provided throughout New York State, and we believe the successful CLEP permit, in addition to the recent CAP accreditation in North Carolina, further validate the clinical, technical, and scientific merits of our industry-leading noninvasive prenatal technology," said Allan Bombard, M.D., Chief Medical Officer of Sequenom. The Full Research Report on Sequenom, 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/d291_SQNM] ---- 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 a CFA. 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Financial Results Release, Management Changes, and Newly Issued Permits - Research Report on Valeant, Teva, Endo, Array, and
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