NEW YORK, August 8, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Gilead Sciences, Inc. (NASDAQ: GILD), Pfizer Inc. (NYSE: PFE), AbbVie Inc. (NYSE: ABBV), Express Scripts Holding Company (NASDAQ: ESRX) and Tenet Healthcare Corp. (NYSE: THC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5592-100free.
Gilead Sciences, Inc. Research Reports
On July 25, 2014, Gilead Sciences, Inc. (Gilead) announced that the Committee for Medicinal Products for Human Use (CHMP), the scientific committee of the European Medicines Agency (EMA), has adopted a positive opinion on the Company's Marketing Authorization Application (MAA) for Zydelig® (idelalisib 150 mg film-coated tablets), a first-in-class treatment for patients with chronic lymphocytic leukemia (CLL) and follicular lymphoma (FL), the most common subtype of indolent non-Hodgkin lymphoma (iNHL). Gilead informed that CHMP's recommendations will now be reviewed by European Commission, the authority that approves medicines for use in 28 countries of the European Union (EU). The Company stated that the CHMP's positive opinion is based on data from two clinical trials - Study 116 and Study 101-09. The full research reports on Gilead are available to download free of charge at:
Pfizer Inc. Research Reports
On July 30, 2014, Pfizer Inc. (Pfizer) announced that the Company has entered into a definitive agreement to acquire Baxter International Inc.'s (Baxter) portfolio of marketed vaccines for $635 million. In addition, the Company will also acquire a part of Baxter's facility in Orth, Austria, where these vaccines are manufactured. Pfizer informed that Baxter's marketed vaccines portfolio consists of NeisVac-C and FSME-IMMUN/TicoVac. NeisVac-C vaccine is used as a protection against meningitis caused by group C meningococcal meningitis (MenC), while FSME-IMMUN/TicoVac is a vaccine that helps protect against tick-borne encephalitis (TBE), an infection of the brain, which is transmitted by the bite of ticks infected with the TBE-virus. Silbermann, Pfizer Vaccines President, said, "Through this acquisition, we will add two high-quality and life-saving vaccines that bring scale and depth to our portfolio." The Company plans to close the transaction by the end of 2014, subject to customary closing conditions as well as regulatory approvals. The full research reports on Pfizer are available to download free of charge at:
AbbVie Inc. Research Reports
On August 4, 2014, AbbVie Inc. (AbbVie) announced that the European Medicines Agency (EMA) and the U.S. Food and Drug Administration (FDA) have granted orphan drug designation to the Company's investigational compound ABT-414, an anti-epidermal growth factor receptor antibody drug conjugate, which is being evaluated for safety and efficacy in patients with glioblastoma multiforme. Glioblastoma multiforme is the most common and most aggressive type of malignant primary brain tumor. Gary Gordon, M.D., Vice President, Oncology Clinical Development, AbbVie, said, "The orphan drug designation is an important regulatory advancement as we further our development in recurrent glioblastoma multiforme, a disease that is uniformly fatal with limited treatment options." The full research reports on AbbVie are available to download free of charge at:
Express Scripts Holding Company Research Reports
On August 5, 2014, Express Scripts Holding Company (Express Scripts) released the results of a new analysis highlighting that the U.S. health plan sponsors are expected to spend $9.07 billion on specialty medication services in 2015 that provide no additional value. According to the results, this wasteful expenditure can be avoided if payers applied cost-saving techniques from the pharmacy benefit on medications that are administered through the medical benefit. Further, approx. 50% of Specialty medications that treat complex, chronic conditions, are currently billed through the medical benefit, which lacks the visibility and cost control tools of the pharmacy benefit. The results concluded that inefficient U.S. spending on specialty medications in the medical benefit resulted in a waste of $4.87 billion in 2011. In addition, the results indicated that plans that implement Medical Benefit Management services have resulted in 10-15% savings in specialty spending. The full research reports on Express Scripts are available to download free of charge at:
Tenet Healthcare Corp. Research Reports
On August 4, 2014, Tenet Healthcare Corp. (Tenet Health) released its Q2 2014 and H1 2014 financial results. The Company reported Q2 2014 net operating revenues of $4.04 billion, up 66.9% YoY. Thomson Reuters polled 17 analysts that expected the Company to post Q2 2014 EPS of $0.01 on revenues of $3.94 billion. The Company's Q2 2014 net loss attributable to Tenet Health common shareholders came in at $26 million or $0.27 dilute loss per share, compared to net loss of $50 million or $0.49 diluted loss per share in Q2 2013. The Company reported H1 2014 net operating revenues of $7.97 billion, up 65.7% YoY. Net loss attributable to Tenet Health common shareholders was $58 million in H1 2014, compared to $138 million in H1 2013. For Q3 2014, the Company expects earnings per share in the range of a loss of $0.30 per share to income of $0.21 per share. The full research reports on Tenet Health are available to download free of charge at:
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