NEW YORK, January 14, 2014 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Johnson & Johnson (NYSE: JNJ), GW Pharmaceuticals plc (NASDAQ: GWPH), Conatus Pharmaceuticals Inc. (NASDAQ: CNAT), Chelsea Therapeutics International Ltd. (NASDAQ: CHTP), and Insmed Incorporated (NASDAQ: INSM). 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 January 8, 2014, Johnson & Johnson's subsidiary Janssen Pharmaceutical Companies reported that it has submitted a Citizen Petition to the U.S. Food and Drug Administration (FDA) regarding naming of biosimilars. According to the Company, in its petition it has asked the agency to require biosimilars to bear nonproprietary names that are similar to, but not the same as, those of their reference products or of other biosimilars. According to the Company, the petition states that distinguishable names are essential for enhancing patient safety and to ensure effective pharmacovigilance. Commenting on the update, Jay P. Siegel, M.D., Chief Biotechnology Officer and Head, Scientific Strategy and Policy at Johnson & Johnson, stated, "Ensuring biosimilars bear distinguishable names is of critical importance for patient safety. Names that are similar but not the same will appropriately reflect the legal and scientific reality that biosimilars are similar to but not the same as their reference products or other biosimilars." The Full Research Report on Johnson & Johnson - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
GW Pharmaceuticals plc Research Report
On January 8, 2014, GW Pharmaceuticals plc (GW Pharmaceuticals) announced the pricing of its follow-on offering of American Depositary Shares, or ADSs, on the Nasdaq Global Market. According to the Company, it will issue 2,441,110 ADSs on the Nasdaq Global Market at a price of $36.00 per ADS, raising gross proceeds of $87.9 million, before underwriting discount, commissions and offerings expenses deductions. GW Pharmaceuticals also reported that it has granted the underwriters a 30-day option to purchase up to an additional 366,165 ADSs at the offering price. According to the Company, the offering is expected to close on January 14, 2014. GW Pharmaceuticals further named Morgan Stanley & Co. LLC and Cowen and Company, LLC as joint book-running managers for the offering, while Piper Jaffray & Co. and Canaccord Genuity Inc. are acting as lead manager and co-lead manager, respectively. The Full Research Report on GW Pharmaceuticals plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Conatus Pharmaceuticals Inc. Research Report
On January 9, 2014, Conatus Pharmaceuticals Inc.'s stock significantly increased 57.05% to $9.80. For the past three trading day session, the Company's stock edged up 60.66%, compared to the Dow Jones Industrial Average Index, which gained 0.12% during the same three-day trading period. The Full Research Report on Conatus Pharmaceuticals Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Chelsea Therapeutics International Ltd. Research Report
On January 9, 2014, Chelsea Therapeutics International Ltd.'s stock gained 10.31% to $3.53. The Company's stock gained 2.92% over the past three trading days, compared to the Nasdaq composite Index which increased 1.03% during the same trading period. The Full Research Report on Chelsea Therapeutics International Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Insmed Incorporated Research Report
On January 9, 2014, Insmed Incorporated's (Insmed) stock gained 6.01%, closing the day at $19.58. Over the previous three day trading session, Insmed shares increased 8.48%, compared to the Dow Jones Industrial Average Index which gained 0.12% during the same three-day trading period. The Full Research Report on Insmed Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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