NEW YORK, December 13, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting AbbVie Inc. (NYSE: ABBV), Express Scripts Holding Company (NASDAQ: ESRX), Actavis plc (NYSE: ACT), Bristol-Myers Squibb Co. (NYSE: BMY) and GlaxoSmithKline plc (ADR) (NYSE: GSK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
AbbVie Inc. Research Report
On December 10, 2013, AbbVie Inc. (AbbVie) reported the release of Phase III results for the investigational three direct-acting-antiviral (3D) regimen plus ribavirin in patients with chronic, genotype 1 (GT1) hepatitis C virus (HCV) infection. According to AbbVie, in the 394-patient SAPPHIRE-II study, 96% of patients who previously failed pegylated interferon and ribavirin treatment, including approximately 49% of those who were prior null responders, achieved sustained virologic response at 12 weeks (SVR12) with the regimen. Further, AbbVie said that the majority of patients were GT1a, considered a difficult-to-treat subtype, and SVR12 rates of GT1a and GT1b were 96% and 97%, respectively. Lastly, AbbVie informed that virologic relapse or breakthrough was observed in 2% of patients receiving the 3D regimen plus ribavirin. Besides, the discontinuation rate due to adverse events was 1%. "SAPPHIRE-II demonstrates that treatment-experienced genotype 1 HCV patients achieved high rates of virologic response with AbbVie's interferon-free, all-oral 3D regimen plus ribavirin," said Scott Brun, M.D., Vice President, Pharmaceutical Development at AbbVie. The Full Research Report on AbbVie Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Express Scripts Holding Company Research Report
On December 10, 2013, Express Scripts Holding Company (Express Scripts) announced that it has entered into an accelerated share repurchase (ASR) transaction with Bank of America, N.A. to purchase shares of the Company's common stock for an aggregate purchase price of $1.5 billion. Express Scripts said that under the terms of the transaction, it will initially receive approximately 20.1 million shares of its stock, and at the closure of the ASR transaction, the Company will either be required to deliver shares of its stock or the cash value thereof to Bank of America, or will receive additional shares from Bank of America, depending upon the daily volume-weighted average prices per share of the Company's stock during such valuation period. Express Scripts informed that it expects the transaction to be completed by the end of Q2 2014. The Full Research Report on Express Scripts Holding Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Actavis plc Research Report
On December 10, 2013, Actavis plc's (Actavis) stock declined 1.57%, ending the day's session at $163.55. Over the previous three trading sessions, shares of Actavis gained 0.40%, compared to the S&P 500 Index, which gained 0.99% during the same period. The Full Research Report on Actavis plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Bristol-Myers Squibb Co. Research Report
On December 10, 2013, Bristol-Myers Squibb Co. (Bristol-Myers Squibb) announced that the Company's Board of Directors has elected Thomas J. Lynch, Jr., M.D., to its Board of Directors, effective from January 1, 2014. The Company added that Dr. Lynch will serve as a member of the Science and Technology Committee of the Board of Directors. James M. Cornelius, Chairman of Bristol-Myers Squibb, said, "We are very pleased to have Tom join our Board. His rare combination of skills and track record of success in both medicine and business uniquely qualify him to serve on our Board of Directors." According to the Company, Dr. Lynch currently serves as the Director of the Yale Cancer Center and Physician-In-Chief of the Smilow Cancer Hospital at Yale-New Haven. The Full Research Report on Bristol-Myers Squibb Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
GlaxoSmithKline plc (ADR) Research Report
On December 11, 2013, GlaxoSmithKline plc (ADR) (GSK) announced a series of investments totaling c.£200 million in an effort to support the delivery of the Company's pipeline of new medicines and create a center for pharmaceutical manufacturing innovation in the UK. According to the Company, manufacturing sites in Ware, Hertfordshire and Worthing, Sussex will be upgraded with new state-of-the art equipment, and a new facility will be established, dedicated to harnessing innovative technologies with the potential to transform both the way medicines are made and the Company's supply chain. GSK's investments comprise: new manufacturing facilities in Ware for the RelvarTM ElliptaTM inhaler; a new bulk sterile building and filling line for the Company's antibiotic medicine Augmentin in Worthing; and a new centre for manufacturing innovation, dedicated to transforming emerging science and technologies into practical manufacturing applications, preferably located at Ware, Hertfordshire. The Full Research Report on GlaxoSmithKline plc (ADR) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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