NEW YORK, May 5, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding AstraZeneca PLC (NYSE: AZN), Furiex Pharmaceuticals, Inc. (NASDAQ: FURX), GW Pharmaceuticals plc (NASDAQ: GWPH), Techne Corp. (NASDAQ: TECH) and Agenus Inc. (NASDAQ: AGEN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1869-100free. AstraZeneca PLC Analyst Notes On April 24, 2014, AstraZeneca PLC (AstraZeneca) reported its Q1 2014 financial results with core revenue of $6.41 billion compared with $6.39 billion in Q1 2013. Core EPS was $1.17, down 11% YoY (based on constant exchange rates), primarily due to investment in the Company's key growth platforms and rapidly progressing pipeline. Pascal Soriot, CEO, commented, "The first quarter has seen continued momentum across the business and our revenue growth reflects the increasing contribution from the five growth platforms that showed strong performance." He continued, "We are investing in our rapidly progressing pipeline and the key platforms that are the backbone of our strategy to return to growth. To further concentrate organisational focus, we will continue to redeploy our resources in our core priorities and pursue opportunities that maximise the value of our pipeline and portfolio." The full analyst notes on AstraZeneca are available to download free of charge at: http://www.analystsreview.com/1869-AZN-05May2014.pdf Furiex Pharmaceuticals, Inc. Analyst Notes On April 28, 2014, Furiex Pharmaceuticals, Inc. (Furiex) announced that it has entered into a definitive agreement with Forest Laboratories (Forest) in which Forest will acquire Furiex for $95 per share or $1.1 billion in cash and up to $30 per share (c.$360 million in aggregate) in a Contingent Value Right that may be payable based on the status of Furiex's lead product -eluxadoline. Fred Eshelman, founding Chairman of Furiex, said, "I am very proud of our team for its hard work and excellent development of eluxadoline in just under four years. There is a strong business fit between Furiex and Forest, and eluxadoline is expected to contribute to Forest's leading GI franchise." According to the Company, the acquisition is expected to close in the Q2 2014 or Q3 2014 subject to regulatory review and Furiex shareholder approval. The full analyst notes on Furiex are available to download free of charge at: http://www.analystsreview.com/1869-FURX-05May2014.pdf GW Pharmaceuticals plc Analyst Notes On April 28, 2014, GW Pharmaceuticals plc (GW) announced that the U.S. Food and Drug Administration (FDA) has granted the Company a Fast Track designation for Sativex. According to the Company, Sativex is for the treatment of pain in patients with advanced cancer, who experience inadequate analgesia during optimized chronic opioid therapy. Justin Gover, GW's CEO said, "Sativex is the only non-opioid treatment currently in Phase 3 development for patients who do not respond to, or experience negative side effects with opioid medications. We are fully committed to delivering the first FDA-approved cannabinoid medicine for these patients who currently have nowhere else to turn." The Company stated that a drug program with Fast Track status is afforded greater access to the FDA for the purpose of expediting the drug's development, review and potential approval. The full analyst notes on GW are available to download free of charge at: http://www.analystsreview.com/1869-GWPH-05May2014.pdf Techne Corp. Analyst Notes On April 28, 2014, Techne Corp. (Techne) announced that its Board of Directors has authorized and declared a quarterly dividend in the amount of $0.31 per share for the quarter ended March 31, 2014. According to the Company, the dividend is payable on May 23, 2014 to all common shareholders of record on May 9, 2014. The full analyst notes on Techne are available to download free of charge at: http://www.analystsreview.com/1869-TECH-05May2014.pdf Agenus Inc. Analyst Notes On April 28, 2014, Agenus Inc. (Agenus) announced that it has entered into a collaboration and license agreement with Merck for the discovery and development of therapeutic antibodies to immune checkpoints for the treatment of cancer. Under the terms of the agreement, Agenus will discover and optimize fully human antibodies against two undisclosed Merck checkpoint targets using the 4-Antibody Retrocyte Display® platform. Merck added that it will be responsible for clinical development and commercialization of candidates generated under the collaboration. "We are delighted to be working with Merck, who is a leader in the rapidly developing immuno-oncology space," said Bob Stein, MD, PhD, Chief Scientific Officer of Agenus "We believe our Retrocyte Display technology has significant advantages for creation of high quality antibody development candidates. This collaboration broadens our efforts in immuno-oncology beyond our previously disclosed checkpoint programs with a world-class research and development partner." The full analyst notes on Agenus are available to download free of charge at: http://www.analystsreview.com/1869-AGEN-05May2014.pdf About Analysts Review We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership. =============== EDITOR'S NOTES: =============== 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com. 5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com. 6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration. COMPLIANCE PROCEDURE Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be. NOT FINANCIAL ADVICE Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein. NO WARRANTY OR LIABILITY ASSUMED Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review