Collaborations, New Studies, and New Drug Applications - Research Report on Amgen, Gilead, Abbott, Biogen Idec, and UnitedHealth
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NEW YORK, September 16, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Amgen, Inc. (NASDAQ: AMGN), Gilead Sciences, Inc. (NASDAQ: GILD), Abbott Laboratories (NYSE: ABT), Biogen Idec Inc. (NASDAQ: BIIB), and UnitedHealth Group Inc. (NYSE: UNH). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Amgen, Inc. Research Report
On September 11, 2013, Amgen, Inc. (Amgen) announced that a biomarker analysis of Vectibix (panitumumab) in combination with FOLFOX - an oxaliplatin-based chemotherapy, for the first time in patients with colorectal cancer (mCRC) - was published in the New England Journal of Medicine. Amgen stated that the analysis found that RAS mutations, beyond the known KRAS exon 2 mutations, predict lack of response to Vectibix in combination with FOLFOX. Amgen further informed that RAS mutations are ones found in exons 2, 3, and 4 of KRAS and NRAS. Jean-Yves Douillard, M.D., Ph.D., Professor of Medical Oncology Centre R. Gauducheau France and PRIME trial lead investigator and study author, said, "While the KRAS exon 2 biomarker is well-known and has facilitated selection of patients more likely to respond to anti-EGFR treatment. This analysis is important as it furthers our understanding of tumor genetics and allows physicians to more accurately match patients to effective treatments." The Full Research Report on Amgen, 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/e96b_AMGN]
Gilead Sciences, Inc. Research Report
On September 11, 2013, Gilead Sciences Inc. (Gilead) announced that the Company has submitted a New Drug Application (NDA) to the US Food and Drug Administration (FDA) for the approval of idelalisib, an investigational, targeted, oral inhibitor of PI3K delta for the treatment of indolent non-Hodgkin's lymphoma (iNHL). Gilead also informed that along with this NDA, the Company submitted data that supports the use of idelalisib for patients with iNHL that is refractory (non-responsive) to rituximab and to alkylating-agent-containing chemotherapy. The Company further added that it plans to file for regulatory approval of idelalisib in the European Union in Q4 2013. The Full Research Report on Gilead Sciences, 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/9898_GILD]
Abbott Laboratories Research Report
On September 4, 2013, Abbott Laboratories (Abbott) announced that preliminary results from a study evaluating Abbott's ARCHITECT STAT High Sensitive Troponin-I (hsTnI) test, which also received CE Mark in January 2013, were presented at the ESC Congress 2013. According to the Company, the study suggests that Abbott's high sensitive troponin test may help doctors improve the diagnosis and prognosis of patients presenting with symptoms of heart attack. The Company added that the test could be particularly beneficial for women, who may have different presenting symptoms, and are often under-diagnosed. Abbott's researchers shared data from the first 1,126 patients of the study presenting with symptoms of a heart attack. According to Abbott, early findings shows that women have lower peak levels of troponin than men, resulting to the under-diagnosis and therefore under-treatment of heart attacks for women. Abbott further informed that the ARCHITECT STAT hsTnI assay is commercially available in Europe, as well as Canada, Australia, New Zealand, and Brazil; however, the test is currently for research-use only in the US. The Full Research Report on Abbott Laboratories - 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/05c1_ABT]
Biogen Idec Inc. Research Report
On September 9, 2013, Biogen Idec Inc. (Biogen Idec) announced that it has entered into a broad, multi-year collaboration with Isis Pharmaceuticals, Inc. (Isis) to leverage antisense technology to advance the treatment of neurological diseases. According to Biogen Idec, it will gain exclusive rights to the use of Isis' antisense technology to develop therapies for neurological diseases as part of the six-year research collaboration. According to the Company, the terms of the collaboration include: Biogen Idec will make an upfront payment of $100 million, which will be reflected as R&D expense in the Company's Q3 2013 financial results; Isis is eligible to receive milestone payments, license fees, and royalty payments for all treatments developed through this collaboration, with the specific amount dependent upon the modality of the molecule advanced by Biogen Idec; and in the case of antisense molecules, the milestone payments could be as much as $220 million, plus additional amounts related to the cost of clinical trials conducted by Isis under the collaboration. The Full Research Report on Biogen Idec 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/b95b_BIIB]
UnitedHealth Group Inc. Research Report
On September 11, 2013, UnitedHealth Group Inc. (UnitedHealth), Quality Health Solutions Inc. (QHS), and the Medical College of Wisconsin announced a new accountable care initiative that will provide coordinated care to over 100,000 Wisconsin residents enrolled in UnitedHealthcare's employer-sponsored health plans. According to the Company, the 3,000 physicians and 18 hospitals comprising five QHS members of the southeastern Wisconsin (Agnesian Healthcare, Columbia St. Mary's, Froedtert Health, Wheaton Franciscan Healthcare, and the Medical College of Wisconsin) will be rewarded for effectively managing all aspects of patients' care. In addition, QHS will offer primary care physicians ongoing status reports on their patients, allowing them to monitor each patient's care and maintain their clinical information in a secure patient registry. UnitedHealth further stated that the new initiative will go into effect on January 1, 2014. The Full Research Report on UnitedHealth Group 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/73e5_UNH]
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