Successful Clinical Trials, Data Presentations, Promising Studies, Fulfilled Agreements and Investors Conferences - Research

 Successful Clinical Trials, Data Presentations, Promising Studies, Fulfilled
  Agreements and Investors Conferences - Research Report on Arena, BioMarin,
                  Clovis Oncology, MannKind, and Medivation

PR Newswire

NEW YORK, September 3, 2013

NEW YORK, September 3, 2013 /PRNewswire/ --

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

Today, Analysts' Corner announced new research reports highlighting Arena
Pharmaceuticals, Inc. (NASDAQ: ARNA), BioMarin Pharmaceutical Inc. (NASDAQ:
BMRN), Clovis Oncology, Inc. (NYSE: CLVS), MannKind Corp. (NASDAQ: MNKD), and
Medivation, Inc. (NASDAQ: MDVN). Today's readers may access these reports free
of charge - including full price targets, industry analysis and analyst
ratings - via the links below.

Arena Pharmaceuticals, Inc. Research Report

On August 28, 2013, Arena Pharmaceuticals, Inc. (Arena) announced that a Phase
1b clinical trial for APD811 - an investigational oral prostacyclin (IP)
receptor agonist created for the treatment of pulmonary arterial hypertension
(PAH) has been successfully completed. Arena informed that it plans to begin a
Phase 2 clinical trial for APD811 in Q1 2014. William R. Shanahan, M.D.,
Arena's Senior Vice President and Chief Medical Officer, commented, "Arena's
internal GPCR-focused efforts led to the discovery of this novel drug
candidate. We believe APD811 is a promising new chemical entity that could
improve current patient care by providing an oral option for IP-targeted
therapy. Based on the encouraging Phase 1 results, we look forward to
initiating the Phase 2 program early next year." According to the Company,
this Phase 1b clinical trial evaluated the safety, tolerability and
pharmacokinetics of multiple-ascending doses of APD811. The Full Research
Report on Arena 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/6a95_ARNA]

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BioMarin Pharmaceutical Inc. Research Report

On August 16, 2013, BioMarin Pharmaceutical Inc. (BioMarin) reported that its
abstract, PARP inhibition with BMN 673 in ovarian and breast cancer patients
with deleterious mutations of BRCA1 and BRCA2 was chosen as a late breaking
abstract by the 17th ECCO - 38th ESMO - 32nd ESTRO European Cancer Congress in
Amsterdam, The Netherlands. The Company stated that it will present the latest
data from its ongoing Phase 1/2 trial for genetically-defined cancers.
BioMarin informed that the data will be featured in an oral presentation to be
held on September 29, 2013 at the European Cancer Congress Data Presentation
at 10:45 a.m. Hank Fuchs, M.D., Chief Medical Officer of BioMarin, commented,
"We are delighted that the European Cancer Congress has included an update to
our BMN 673 data on our Phase 1/2 program as a late-breaking abstract at this
important medical meeting. We are on track to initiate a Phase 3 program in
germline BRCA mutation metastatic breast cancer by the end of September and
continue to see potential for BMN 673 to be the best-in-class PARP inhibitor."
The Full Research Report on BioMarin Pharmaceutical 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/9b6c_BMRN]

--

Clovis Oncology, Inc. Research Report

On August 28, 2013, Clovis Oncology, Inc. (Clovis Oncology) reported that it
has successfully given dose of its new hydrobromide salt tablet formulation of
CO-1686 to the first patient under its ongoing Phase I dose-finding portion of
its Phase I/II clinical study. Patrick Mahaffy, President and CEO of Clovis
Oncology, commented, "We believe this is a very important step in the
development of CO-1686, given the improved pharmaceutical qualities of the
hydrobromide salt formulation. Over the next several months we will transition
all current patients on the original capsule form of CO-1686 to this new
formulation, and, of course, continue to enroll new patients as well." The
Full Research Report on Clovis Oncology, 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/6a2a_CLVS]

--

MannKind Corp. Research Report

On August 16, 2013, MannKind Corp. (MannKind) reported that in accordance with
a Facility Agreement dated July 1, 2013 between Deerfield Private Design Fund
II, L.P. and Deerfield Private Design International II, L.P. (collectively
known as Deerfield) and the Company, the conditions that obligated Deerfield
to purchase the second $40 million tranche of 9.75% senior secured convertible
notes (the Convertible Notes) have now been accomplished. According to the
Company, the second tranche of the Convertible Notes was subject to the
achievement of Phase 3 data from studies 171 and 175 that met the primary
efficacy endpoints of these studies. MannKind informed that the Facility
Agreement states that Deerfield must purchase at least four equal tranches of
Convertible Notes for total gross proceeds of up to $160 million. The Company
also stated that the closing of the second tranche is slated to happen on or
before September 6, 2013. The Full Research Report on MannKind Corp. -
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/044e_MNKD]

--

Medivation, Inc. Research Report

On August 27, 2013, Medivation, Inc. (Medivation) announced that it will
participate at the Morgan Stanley Global Healthcare Conference on September
10, 2013, 1:30 p.m. ET at the Grand Hyatt in New York, NY. The Company
informed that David Hung, M.D., President and CEO, will speak at the event.
According to Medivation, interested parties can access the live audio webcast
via the Company website and a replay of the webcast will also be available on
the Company's website for 30 days post the event. The Full Research Report on
Medivation, 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/4277_MDVN]

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