Recognitions, Patent Issuance, Financial Results, Upcoming Investor Conferences and Update on ClinicalTrial - Research Report on Stereotaxis, Immunomedics, Novadaq, Avanir, and Raptor Pharmaceuticals PR Newswire NEW YORK, October 28, 2013 NEW YORK, October 28, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Today, Analysts' Corner announced new research reports highlighting Stereotaxis Inc. (NASDAQ: STXS), Immunomedics Inc. (NASDAQ: IMMU), Novadaq Technologies Inc. (NASDAQ: NVDQ), Avanir Pharmaceuticals, Inc. (NASDAQ: AVNR), and Raptor Pharmaceuticals Corp. (NASDAQ: RPTP). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Stereotaxis Inc. Research Report On October 23, 2013, Stereotaxis Inc. (Stereotaxis) announced that the Ministry of Health, Labor, and Welfare (MHLW) in Japan had classified its Niobe Magnetic Navigation System as a C2 medical device. According to Stereotaxis, the C2 classification recognizes the Niobe system as a new, distinctive technology with clinical benefits and is the highest of five reimbursement categories for medical devices in Japan. The Company reported that the MHLW has also approved reimbursement for two electrophysiology ablation catheters compatible with Niobe magnetic navigation with effect from October 1, 2013. Stereotaxis informed that the latest achievement marks an important step toward more permanent reimbursement coverage of the Niobe system in Japan. The Company stated that Japan's MHLW, will establish a more permanent "technical fee" for procedures using the Niobe system during its biennial review of insurance reimbursement pricing for C2 devices before April 1, 2014 and until then and with effect from October 1, 2013, MHLW has approved a temporary "technical fee" of 343,700 yen ( c.$3,500) per Niobe procedure. The Full Research Report on Stereotaxis 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/b071_STXS] -- Immunomedics Inc. Research Report On October 22, 2013, Immunomedics Inc. (Immunomedics) announced the issuance of U.S. patent no. 8,562,988 to its subsidiary, IBC Pharmaceuticals, Inc. (IBC), for "Novel Strategies for Improved Cancer Vaccines." Immunomedics stated that the new patent concerns methods and compositions for forming anti-cancer vaccine complexes created with the Company's proprietary DOCK-AND-LOCK (DNL) method. The Company informed that the allowed claims cover the use of bispecific antibodies targeting CD74, the major histocompatibility complex (MHC) class-II invariant chain, Ii, of immune cells, and CD20 to form a vaccine complex. Immunomedics added that the said patent will expire in March 2026. Cynthia L. Sullivan, President and CEO, Immunomedics, commented, "This is an important patent protecting a new vaccine technology targeting dendritic cells for blood cancer treatment. This method also has the potential of including the use of a cytokine, such as interleukin-2, interleukin-12, or gamma-interferon." The Full Research Report on Immunomedics 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/c20d_IMMU] -- Novadaq Technologies Inc. Research Report On October 22, 2013, Novadaq Technologies Inc. (Novadaq) announced its Q3 2013 results. The Company reported total revenues of $8.9 million, representing an increase of 48.6% YoY, primarily driven by continued adoption of SPY technology procedures and higher capital system sales. Net loss stood at $6.9 million or $0.14 per diluted share in Q3 2013, compared to $9.3 million or $ 0.23 per diluted share in Q3 2012. Dr. Arun Menawat, Novadaq's President and CEO, stated, "The most notable achievement for Novadaq in the third quarter was the sale of 31 PINPOINT, LUNA, and SPY Elite systems. We remain focused on building our direct sales team further and continuing clinical studies to drive adoption of our PINPOINT and LUNA systems." The Full Research Report on Novadaq Technologies 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/3a51_NVDQ] -- Avanir Pharmaceuticals, Inc. Research Report On October 22, 2013, Avanir Pharmaceuticals, Inc. (Avanir) announced the enrollment of the first patient in study AVR-133. According to Avanir, the study is a proof of concept, Phase II clinical trial investigating the use of AVP-923 for treating levodopa induced dyskinesia (LID) in patients with Parkinson's disease (PD). According to the company, the said study will enroll approximately 16 PD patients across three study centers in the US and Canada and will compare AVP-923 (45 mg of dextromethorphan / 10 mg of quinidine) with placebo for treatment of LID. Anthony E. Lang, MD, Professor and Director of the Division of Neurology and Chair for Parkinson's Disease Research at the University of Toronto, said, "Despite advances in PD therapeutics, many patients still suffer with poorly controlled dyskinesias, especially as they require higher doses of medications to increase dopamine levels. Dyskinesias can not only be disabling but may also limit the dose of effective medications that treat core symptoms of PD." Avanir informed that it expects to release top line data for the study in H2 2014. The Full Research Report on Avanir 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/2ee8_AVNR] -- Raptor Pharmaceuticals Corp. Research Report On October 21, 2013, Raptor Pharmaceuticals Corp. (Raptor Pharmaceuticals) announced that it will release its Q3 2013 financial results after the market closes on Thursday, November 7, 2013. The Company informed that it will also host a conference call to discuss its financial results and provide a corporate update on the same day at 4:30 p.m. EST (1:30 p.m. PST). The Company stated that the live webcast of the conference call and replay of the same will be available through its Investor Relations website. The Full Research Report on Raptor Pharmaceuticals 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/a001_RPTP] ---- 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 Namrata Maheshwari, a CFA charterholder. 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Recognitions, Patent Issuance, Financial Results, Upcoming Investor Conferences and Update on ClinicalTrial - Research Report on
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