NEW YORK, January 7, 2014 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Celgene Corporation (NASDAQ: CELG), Merck & Co. Inc. (NYSE: MRK), Bristol-Myers Squibb Company (NYSE: BMY), Valeant Pharmaceuticals International, Inc. (NYSE: VRX), and Mylan, Inc. (NASDAQ: MYL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Celgene Corporation Research Report
On January 2, 2014, Celgene Corporation (Celgene) announced that it will present at the 32nd Annual J.P. Morgan Healthcare Conference on January 13, 2014 at 11:00 a.m. ET. The Company added that the presentation will be webcast live and can be accessed through Investor Relations section of its website. Celgene stated that its management will give an overview of the Company's business and financial outlook at the conference. The Full Research Report on Celgene Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Merck & Co. Inc. Research Report
On January 2, 2014, Merck & Co. Inc.'s (Merck) stock declined 1.12%, ending the day at $49.49. Over the previous three trading sessions, shares of Merck went down by 0.60%, compared to the Dow Jones Industrial Average which declined 0.22% during the same period. The Full Research Report on Merck & Co. Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Bristol-Myers Squibb Company Research Report
On December 19, 2013, Bristol-Myers Squibb Company (Bristol-Myers Squibb) announced that it signed an agreement under which it will sell its global diabetes business which was part of the Company's partnership with AstraZeneca. The Company stated that in accordance with the agreement, AstraZeneca will make an upfront payment of $2.7 billion to Bristol-Myers Squibb, along with potential regulatory- and sales-based milestone payments of up to $1.4 billion, while also making royalty payments based on net sales through 2025. Bristol-Myers Squibb added that AstraZeneca will also make payments of up to $225 million if and when certain assets are subsequently transferred. The Company stated that the transaction was approved by its Board of Directors. The Company provided its 2014 non-GAAP EPS guidance of $1.65 to $1.80. Lamberto Andreotti, CEO, Bristol-Myers Squibb, commented, "This agreement will allow us to further evolve our business model as a leading specialty BioPharma company and increase resources behind the opportunities that drive the greatest long-term value for patients, our company and our shareholders. Today's announcement puts the diabetes franchise in the capable hands of AstraZeneca and allows us to move to a more simplified operating model consistent with our pipeline and portfolio." The Full Research Report on Bristol-Myers Squibb Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Valeant Pharmaceuticals International, Inc. Research Report
On January 2, 2014, Valeant Pharmaceuticals International, Inc.'s (Valeant) stock lost 0.36%, ending the day at $116.98. Over the previous three trading sessions, shares of Valeant increased 2.98%, compared to the Dow Jones Industrial Average, which declined 0.22% during the same period. The Full Research Report on Valeant Pharmaceuticals International, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Mylan, Inc. Research Report
On January 2, 2014, Mylan, Inc. (Mylan) announced the appointment of Rakesh Bamzai as President, India Commercial and Emerging Markets. Mylan President Rajiv Malik said, "We were extremely pleased when Rakesh asked to join our company. Many of us at Mylan have had a firsthand opportunity to work with Rakesh over the course of our strategic partnership with Biocon and have observed his strong business and marketing acumen, his strategic insight and outstanding leadership skills. In this new role overseeing all of Mylan's commercial operations in India and emerging markets, we believe that Rakesh will add significant value to Mylan." The Company informed that Bamzai has over 20 years of experience in the Indian and global biopharmaceutical industry, and was President of Marketing at Biocon, before joining Mylan. The Full Research Report on Mylan, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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