Quarterly Reports, License Applications, and Abstract Presentations - Research on Elan, NPS, ICON, Keryx, and Healthways Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, October 29, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Elan Corporation, plc (NYSE: ELN), NPS Pharmaceuticals, Inc. (NASDAQ: NPSP), ICON Public Limited Company (NASDAQ: ICLR), Keryx Biopharmaceuticals Inc. (NASDAQ: KERX), and Healthways, Inc. (NASDAQ: HWAY). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Elan Corporation, plc Research Report
On October 24, 2013, Elan Corporation, plc (Elan) released its Q3 2013 results. Elan registered revenues from continuing operations of $48.6 million in Q3 2013, primarily attributable to $48.1 million royalty of 12% of global net sales of Tysabri for Q3 2013. The Company posted net loss from continuing operations of $13.8 million in Q3 2013, compared to a net loss from continuing operations of $299.3 million in Q3 2012. Basic and diluted loss per share from continuing operations was $0.03 in Q3 2013, compared to $0.51 in Q3 2012. The Full Research Report on Elan Corporation, plc - 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/e996_ELN]
NPS Pharmaceuticals, Inc. Research Report
On October 24, 2013, NPS Pharmaceuticals, Inc. (NPS) announced the submission of a Biologic License Application (BLA) to the US Food and Drug Administration (FDA) for Natpara (recombinant human parathyroid hormone 1-84, rhPTH (1-84)). According to NPS, Natpara is a bioengineered replacement for endogenous parathyroid hormone (PTH) that NPS has developed for the treatment of hypoparathyroidism, a rare endocrine disorder in which the body produces insufficient levels of parathyroid hormone, a principal regulatory of the body's mineral homeostasis. Francois Nader, MD, President and CEO of NPS, stated, "Submitting our BLA for Natpara is a significant step forward for NPS in our effort to bring the first replacement therapy to patients with hypoparathyroidism." Nader continued, "Hypoparathyroidism patients face a significant burden of disease given the multitude of physical, cognitive, and emotional symptoms associated with this disorder." The Full Research Report on NPS 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/441a_NPSP]
ICON plc Research Report
On October 24, 2013, ICON plc (ICON) released its Q3 2013 results. ICON registered net revenue of $339.8 million, up $19.0% YoY in Q3 2013. The Company posted net income of $27.8 million, up 56.8% YoY in Q3 2013. ICON reported diluted EPS of $0.45, up 55.2% YoY in Q3 2013. Ciaran Murray, CEO of ICON, said, "For the quarter we are reporting revenue growth of 19% year on year and operating margins of 9.8%. We booked $415 million of net new business wins or a book to bill of 1.2, leaving us with a closing backlog of $2.97 billion. Consequently, we are raising our revenue guidance to the range of $1.325 -$1.330 billion and our earnings per share guidance to the range of $1.67-$1.70 for the financial year 2013." The Full Research Report on ICON plc - 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/fbb0_ICLR]
Keryx Biopharmaceuticals Inc. Research Report
On October 17, 2013, Keryx Biopharmaceuticals Inc. (Keryx) announced that abstracts highlighting Zerenex (ferric citrate coordination complex), the Company's drug candidate for the treatment of elevated serum phosphorus levels, or hyperphosphatemia, in patients with chronic kidney disease (CKD) on dialysis, have been selected for oral and poster presentations during the American Society of Nephrology (ASN) Kidney Week 2013 annual meeting. Keryx reported that the event will be held in Atlanta, Georgia from November 5 to November 10, 2013. The Full Research Report on Keryx Biopharmaceuticals 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/27d2_KERX]
Healthways, Inc. Research Report
On October 24, 2013, Healthways, Inc. (Healthways) released its Q3 2013 results. Healthways registered revenues of $166.6 million in Q3 2013, which were flat as compared to Q3 2012. The Company reported net income of $1.8 million in Q3 2013, compared net income of $5.0 million in Q3 2012. Healthways' diluted EPS was $0.05 in Q3 2013, compared to diluted EPS of $0.15 in Q3 2012. Ben R. Leedle, Jr., President and CEO at Healthways, commented, "Healthways' financial results for the third quarter of 2013 were below our expectations, and we are lowering our financial guidance for 2013 for two primary reasons. The majority of the guidance change results from a much lower number of risk lives available in 2013 for our total population management services to health systems than was forecast in our previous guidance. A smaller but still important impact came from the normal fluctuations in the memberships of our commercial health plan customers, where we experienced a net reduction in lives compared with our expectations." The Full Research Report on Healthways, 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/76fd_HWAY]
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