CHICAGO, Sept. 4, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the United Therapeutics (Nasdaq:UTHR-Free Report), Repros Therapeutics (Nasdaq:RPRX-Free Report), Amgen (Nasdaq:AMGN-Free Report), Regeneron (Nasdaq:REGN-Free Report) and Aegerion (Nasdaq:AEGR-Free Report).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Wednesday's Analyst Blog:
Biotech Stock Roundup
Highlights in the biotech sector last week include a favorable court ruling for United Therapeutics' (Nasdaq:UTHR-Free Report) in a patent infringement case, positive late-stage data on Repros Therapeutics' (Nasdaq:RPRX-Free Report) testosterone replacement treatment and the filing of the first Biologics License Application (BLA) for a PCSK9 inhibitor.
Recap of the Week's Most Important Stories
1. United Therapeutics scored a huge win in its patent infringement lawsuit against Sandoz regarding Remodulin. The favorable ruling has removed a significant overhang on the shares, which were up 28.5% on the news (Read more: United Therapeutics Soars on Remodulin Patent Case Win). The company touched a new 52-week high early this week.
2. It was an eventful week on the pipeline front for Amgen (Nasdaq:AMGN-Free Report). The company said that its chronic heart failure drug, ivabradine, will be reviewed on a priority basis by the FDA (Read more: Amgen's Chronic Heart Failure Drug Gets Priority Review). Amgen also submitted its PCSK9 inhibitor, evolocumab, for FDA approval. Evolocumab is one of the most important candidates in Amgen's pipeline and represents huge commercial potential, once approved and launched.
Although Amgen's regulatory application is the first to be filed in the U.S., Sanofi and Regeneron (Nasdaq:REGN-Free Report) are not far behind with their PCSK9 inhibitor which is expected to be filed by year end (Read more: Amgen Submits Regulatory Application for PCSK9 Inhibitor).
3. Repros' shares surged 18.5% with the company reporting positive late-stage data on its key pipeline candidate, Androxal. The testosterone replacement treatment was found to be superior to a currently approved product. Repros expects to file for approval in the U.S. by year end (Read more:Repros Reports Encouraging Late-Stage Data on Androxal).
4. Aegerion (Nasdaq:AEGR-Free Report) shares were up 5.1% on news that the FDA's warning letter regarding certain statements made regarding cholesterol drug, Juxtapid, has been resolved (Read more: Aegerion Resolves FDA's Warning on Juxtapid, Lifts Overhang).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
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