Upcoming Presentations, Milestone Payments, Quarterly Financial Results, and
New Appointments - Research Report on Medivation, Acceleron, Aerie, Arrowhead,
and Oxford Immunotec
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, December 25, 2013
NEW YORK, December 25, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting
Medivation, Inc. (NASDAQ: MDVN), Acceleron Pharma, Inc. (NASDAQ: XLRN), Aerie
Pharmaceuticals, Inc. (NASDAQ: AERI), Arrowhead Research Corp. (NASDAQ: ARWR),
and Oxford Immunotec Global PLC (NASDAQ: OXFD). Today's readers may access
these reports free of charge - including full price targets, industry analysis
and analyst ratings - via the links below.
Medivation, Inc. Research Report
On December 19, 2013, Medivation, Inc. (Medivation) and Astellas Pharma Global
Development, Inc. announced that additional data from the Phase 3 PREVAIL
trial evaluating enzalutamide in patients with chemotherapy-naïve metastatic
prostate cancer will be highlighted in an oral presentation at the upcoming
American Society of Clinical Oncology (ASCO) 2014 Genitourinary (GU) Cancers
Symposium in San Francisco. According to Medivation, Tomasz M. Beer, OHSU
Knight Cancer Institute, Oregon Health and Science University, will lead the
presentation on Thursday, January 30, 2014 from 7:45 a.m. to 9:45 a.m.
Medivation also reported that two additional enzalutamide abstracts will be
presented during the General Poster Sessions on January 30, 2014 from 11:30
a.m. to 1:00 p.m., and on January 31, 2014 from 12:00 to 1:30 p.m. The Full
Research Report on Medivation, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
Acceleron Pharma, Inc. Research Report
On December 18, 2013, Acceleron Pharma, Inc. (Acceleron) announced that
Celgene, its collaboration partner, has initiated a phase 2 clinical trial of
sotatercept in patients with end stage renal disease on hemodialysis.
Acceleron reported that Sotatercept is a novel and first-in-class activin type
IIA receptor (ActRIIA) fusion protein that acts during late-stage
erythropoiesis (red blood cell production) to increase the production of
mature red blood cells into circulation. The Company stated that it will
receive a $7 million milestone payment from Celgene for the achievement of
this event and is also eligible to receive future development, regulatory, and
commercial milestones of up to $360 million for the sotatercept program.
Matthew Sherman, M.D., Chief Medical Officer atAcceleron, said, "We believe
that the distinct profile of sotatercept could benefit many patients,
including those who have end stage renal disease, the most advanced stage of
chronic kidney disease. We look forward to the ongoing development of this
promising protein therapeutic candidate, which is also being studied in phase
2 trials in several rare hematologic diseases, including beta-thalassemia and
myelodysplastic syndromes." The Full Research Report on Acceleron Pharma, Inc.
- including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
Aerie Pharmaceuticals, Inc. Research Report
On December 4, 2013, Aerie Pharmaceuticals, Inc. (Aerie) released its Q3 2013
results. Aerie registered net loss attributable to common shareholders of
$10.9 million in Q3 2013, compared to net loss attributable to common
shareholders of $3.7 million in Q3 2012. The Company posted basic and diluted
loss per share of $10.81 in Q3 2013, compared to basic and diluted loss per
share of $3.87 in Q3 2012. Commenting on the results, Vicente Anido, Ph.D.,
Aerie Chairman and CEO, said, "Aerie made significant progress in 2013, capped
off with our successful IPO which provides the capital for us to continue to
fund development of our highly differentiated product portfolio." Anido
continued, "We are currently preparing for our dual-action AR-13324 Phase 3
registration trials, which are expected to commence in the summer of 2014, and
our Phase 2b clinical trial for triple-action PG324, which is expected to
commence early in the first quarter of 2014." The Full Research Report on
Aerie Pharmaceuticals, Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
Arrowhead Research Corp. Research Report
On December 18, 2013, Arrowhead Research Corp. (Arrowhead) released its Q4 FY
2013 and full-year FY 2013 results (period ended September 30, 2013).
Arrowhead registered net loss attributable to the Company of $31.1 million in
full-year FY 2013, compared to net loss attributable to the Company of $21.1
million in full-year FY 2012. Arrowhead posted basic and diluted loss per
share of $1.30 in full-year FY 2013, compared to basic and diluted loss per
share of $1.90 in full-year FY 2012. According to the Company, it closed a $60
million financing from a syndicate of high-quality biotech investors during Q4
FY 2013, which provided sufficient capital to fund development into 2016. The
Full Research Report on Arrowhead Research Corp. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at:
Oxford Immunotec 7
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SOURCE Analysts' Corner
Contact: Joe Thomas CONTACT PHONE: +1-310-496-8071 (North America)
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