Regulatory Approvals, Positive Stock Price Movements, Optimistic Clinical Data, and New Launches and Contracts - Research Report on Johnson & Johnson, Celldex, Isis, Actavis, and Centene
NEW YORK, September 26, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Johnson & Johnson (NYSE: JNJ), Celldex Therapeutics Inc. (NASDAQ: CLDX), Isis Pharmaceuticals, Inc. (NASDAQ: Isis), Actavis Inc. (NYSE: ACT), and Centene Corp. (NYSE: CNC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Johnson & Johnson Research Report
On September 23, 2013, Janssen Biotech, Inc. (Janssen Biotech), one of the Janssen Pharmaceutical Companies of Johnson & Johnson (Johnson & Johnson), announced that the U.S. Food and Drug Administration (FDA) has approved STELARA (ustekinumab) alone or in combination with methotrexate for the treatment of adult patients (18 years or older) with active psoriatic arthritis. According to Janssen Biotech, STELARA is administered as a 45mg subcutaneous injection at weeks 0 and 4, and then every 12 weeks, thereafter. Investigator and Steering Committee member, Alice B. Gottlieb, Triple Board Certified in Dermatology, Rheumatology, and Internal Medicine, M.D., Ph.D, Chief and Dermatologist-in-Chief, Department of Dermatology, Tufts Medical Center said, "It is critical for dermatologists and rheumatologists to be able to offer new and novel treatment options to our adult patients living with psoriatic arthritis, a disease where additional biologic options are very much needed. Therapy that targets the cytokines interleukin-12 (IL-12) and interleukin-23 (IL-23), two naturally occurring proteins believed to play a role in the development of this debilitating immune-mediated inflammatory disease, could improve patient care." The Full Research Report on Johnson & Johnson - 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/07a8_JNJ]
Celldex Therapeutics Inc. Research Report
On September 23, 2013, Celldex Therapeutics Inc.'s (Celldex) stock rose sharply to end the day at $32.68, which is 12.85% higher than the previous trading day's closing price of $28.96. Over the previous three trading sessions, Celldex stock has gained 22.12%, strongly outperforming the Nasdaq Composite, which declined 0.48% during the same period. The Full Research Report on Celldex Therapeutics 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/b443_CLDX]
Isis Pharmaceuticals, Inc. Research Report
On September 21, 2013, Isis Pharmaceuticals, Inc. (Isis) announced data from a Phase 2 study of ISIS-APOCIIIRx as a monotherapy in patients with familial chylomicronemia syndrome or FCS. The Company stated that in the study, three patients with FCS treated with ISIS-APOCIIIRx achieved substantial reductions in triglycerides with all three patients achieving triglyceride levels below 500 mg/dL, which substantially reduces the risk of an acute pancreatic event. Patients also achieved substantial reductions in apoC-III and apoCIII-associated very low density lipoprotein cholesterol (VLDL-C) particles. Richard Geary, Ph.D., Senior Vice President of Development at Isis, said, "These data presented today are particularly encouraging as we plan to pursue FCS as the initial indication for ISIS-APOCIIIRx in advance of our next indication in patients with severely elevated triglycerides. We believe that the significant unmet medical need for an effective triglyceride-lowering drug for patients with FCS and the robust, consistent effects we observe with ISIS-APOCIIIRx should enable us to rapidly move forward." He added, "We look forward to discussing our Phase 3 plans with regulators and moving into a Phase 3 program next year in both patients with FCS and patients with severely high triglycerides." The Full Research Report on Isis 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/fcfc_ISIS]
Actavis Inc. Research Report
On September 16, 2013, Actavis, Inc. (Actavis) announced that it has launched a generic version of Lidoderm (lidocaine tropical patch 5%) as part of an exclusive agreement with Endo Pharmaceuticals Inc. (Endo) and Teikoku Seiyaku Co. Ltd. The Company stated that it has begun shipping the product and believes that under the applicable Hatch Waxman rules, it is entitled to 180 days of marketing exclusivity. Paul Bisaro, President and CEO of Actavis, said, "Thanks to this settlement agreement, consumers across the country are today benefitting from generic competition on Lidoderm® more than two years before the product's patents expire. We are pleased to be able to provide patients with this more affordable treatment option, while offering yet another reminder of how patent settlements have saved and continue to save consumers billions of dollars and ensure the more-timely introduction of generic competition." The Full Research Report on Actavis 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/4997_ACT]
Centene Corp. Research Report
On September 20, 2013, Centene Corp. (Centene) announced that its Massachusetts subsidiary, CeltiCare Health Plan, was notified by the Massachusetts Executive Office of Health and Human Services (EOHHS) that it has been awarded a contract to participate in the MassHealth CarePlus program in all five regions. The Company informed that the contract will be effective October 15, 2013, and coverage will commence on January 1, 2014. As per the contract, the Company will provide comprehensive healthcare services for eligible non-pregnant Medicaid adults in the Northern, Greater Boston, Southern, Central and Western regions and the services will include medical, behavioral health, dental, vision, pharmacy, therapies, and transportation.The Full Research Report on Centene 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/e85d_CNC]
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