Financial Results and Clinical Study Outcomes - Research Report on Agilent, Perrigo, Lilly, Novavax, and Raptor Pharmaceutical
NEW YORK, August 20, 2013 /PRNewswire/ --
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Today, Investors' Reports announced new research reports highlighting Agilent Technologies Inc. (NYSE: A), Perrigo Company (NYSE: PRGO), Eli Lilly & Co. (NYSE: LLY), Novavax, Inc. (NASDAQ: NVAX), and Raptor Pharmaceutical 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.
Agilent Technologies Inc. Research Report
On August 14, 2013, Agilent Technologies Inc. (Agilent) reported its Q3 FY 2013 financial results (period ended July 31, 2013) with net revenue down 4.1% YoY to $1.7 billion. Net income was $168 million or $0.49 per diluted share compared to $243 million or $0.69 per diluted share in Q3 FY 2012. Non-GAAP net income stood $0.68 per diluted share compared to $0.79 in Q3 FY 2012. Agilent CEO Bill Sullivan said, "Although we are operating in a very challenging economic environment, we are pleased with our operational performance, as we continue to make progress improving our manufacturing efficiency and streamlining our expense structure. The result has been better than forecasted operating margins." Agilent anticipates Q4 FY 2013 revenues to be within $1.7 billion to $1.72 billion and non-GAAP earnings between $0.75 and $0.77 per share. For FY 2013, the Company expects revenues of $6.76 billion to $6.78 billion and non-GAAP earnings of $2.83 to $2.85 per share. The Full Research Report on Agilent Technologies Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-16/A]
Perrigo Company Research Report
On August 15, 2013, Perrigo Company (Perrigo) reported its Q4 FY 2013 and full-year FY 2013 financial results (period ended June 29, 2013). The Company's net sales increased 16.3% YoY to $967.2 million during Q4 FY 2013 and increased 11.6% YoY to $3.5 billion for FY 2013. In Q4 FY 2013, income from continuing operations was $118.5 million or $1.25 per diluted share, compared to $107.1 million or $1.14 per diluted share in Q4 FY 2012. For FY 2013, net income stood at $441.9 million or $4.68 per diluted share, compared to $401.6 million or $4.27 per diluted share in FY 2012. Perrigo's Chairman and CEO Joseph C. Papa said, "This was a strong quarter where we continued to successfully drive growth across our segments, while managing costs to generate record bottom-line performance. With this backdrop, on July 29th, we announced a definitive agreement to acquire Elan Corporation, which will combine two great companies to create value for our respective shareholders, patients and customers." Full Research Report on Perrigo Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-16/PRGO]
Eli Lilly & Co. Research Report
On August 15, 2013, Eli Lilly & Co. (Lilly) announced that data published in The Lancet revealed that elderly people with type 2 diabetes (T2D) who were treated for 24 weeks with dipeptidyl peptidase-4 (DPP-4) inhibitor linagliptin (TRADJENTA) marketed by the Company and Boehringer Ingelheim Pharmaceuticals, Inc., reported marked decline in blood glucose levels (HbA1c) compared with those receiving placebo. In addition, the Company stated that the published data showed that the overall safety and tolerability profile of linagliptin was similar to placebo. Professor Anthony H. Barnett, MD, FRCP, Heart of England NHS Foundation Trust and University of Birmingham, United Kingdom, said, "Elderly individuals represent approximately 15 percent of people with type 2 diabetes worldwide. This study may help inform treatment decisions for improving glycemic control in the elderly."According to the Company, the study of 2 years duration was conducted on 241 elderly people (with age >=70 years) across five countries. The Full Research Report on Eli Lilly & Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-16/LLY]
Novavax, Inc. Research Report
On August 8, 2013, Novavax, Inc. (Novavax) reported its Q2 2013 financial results with revenue down 50.3% YoY to $3.5 million. Net loss was $12.6 million or $0.08 per diluted share in Q2 2013, compared to net loss of $5.9 million or $0.05 per diluted share in Q2 2012.Stanley C. Erck, President and CEO of Novavax, said, "In addition to the progress on our core product candidates, last quarter highlighted Novavax's capabilities in responding to emerging diseases. We took the initiative to rapidly develop and validate vaccine candidates for both H7N9 and MERS, demonstrating our ability to serve the needs of the global healthcare community through timely delivery of viable vaccine candidates for such emerging threats."The Full Research Report on Novavax, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-16/NVAX]
Raptor Pharmaceutical Corp. Research Report
On August 8, 2013, Raptor Pharmaceutical Corp. (Raptor Pharmaceutical) reported its Q2 2013 financial results with net product sales (from PROCYSBI) of $21,000 compared to no sales in Q2 2012. Net loss was $24.1 million or $0.43 per diluted share, compared to net loss of $3 million or $0.06 per diluted share in Q2 2012. Julie Anne Smith, Executive Vice President Strategy and Chief Operating Officer, said, "We are seeing strong PROCYSBI demand from both RaptorCares pre-registered patients, and new patients not previously identified. We are therefore accelerating our timeline on the next stage of our launch to identify misdiagnosed, undiagnosed or late-onset cystinosis patients and potentially expand the addressable patient population." The Full Research Report on Raptor Pharmaceutical Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-16/RPTP]
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