Regulatory Approvals, Pricing of Public Offering, Stock Price Movements, and Financial Reports - Analyst Notes on Arrowhead, ANI, OraSure, Rigel, and Foundation Medicine

NEW YORK, March 10, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Arrowhead Research Corp. (NASDAQ: ARWR), ANI Pharmaceuticals, Inc. (NASDAQ: ANIP), OraSure Technologies, Inc. (NASDAQ: OSUR), Rigel Pharmaceuticals, Inc. (NASDAQ: RIGL), and Foundation Medicine, Inc. (NASDAQ: FMI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

Arrowhead Research Corp. Analyst Notes

On March 3, 2014, Arrowhead Research Corp. (Arrowhead) announced that it has received a regulatory approval to initiate a Phase 2a clinical trial of ARC-520, its RNAi-based drug candidate for the treatment of chronic hepatitis B virus (HBV) infection. According to Arrowhead, the Hong Kong Department of Health issued a Certificate for Clinical Trial that allows the Company to proceed with its planned single-dose study of ARC-520 in two cohorts at two dose levels to be conducted at Queen Mary Hospital and Prince of Wales Hospital in Hong Kong. Arrowhead reported that the site initiation was completed and patient screening will begin shortly. The Company added that the topline study results are expected to be available in Q3 2014. The full analyst notes on Arrowhead Research Corp. are available to download free of charge at:

http://www.AnalystsReview.com/03102014/ARWR/report.pdf

ANI Pharmaceuticals, Inc. Analyst Notes

On March 5, 2014, ANI Pharmaceuticals, Inc. (ANI) announced the pricing of a firm commitment underwritten public offering of 1,402,525 shares of the Company's common stock at a purchase price to the public of $31.00 per share. ANI reported that net proceeds to the Company are estimated to be $43.5 million, before estimated offering expenses payable by the Company. ANI added that the offering is expected to close on or about March 10, 2014, and it has granted the underwriters a 30-day option to purchase up to an additional 210,378 shares. The Company stated that it anticipates utilizing the net proceeds of the offering to research, develop, commercialize, and expand its drug products, to acquire complementary businesses and technologies, and for working capital and general corporate purposes. The full analyst notes on ANI Pharmaceuticals, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03102014/ANIP/report.pdf

OraSure Technologies, Inc. Analyst Notes

On March 5, 2014, OraSure Technologies, Inc.'s (OraSure) stock advanced 11.37%, ending the day at $8.23. Over the previous three trading sessions, shares of OraSure climbed 18.58%, compared to the Nasdaq Composite which increased 1.16% during the same period. The full analyst notes on OraSure Technologies, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03102014/OSUR/report.pdf

Rigel Pharmaceuticals, Inc. Analyst Notes

On March 4, 2014, Rigel Pharmaceuticals, Inc. (Rigel) released its Q4 2013 and full-year 2013 results. Rigel registered quarterly revenues of $5.8 million in Q4 2013, with no comparable revenues in Q4 2012, while annual revenues were $7.2 million in full year 2013, compared to $2.3 million in full year 2012. The Company posted quarterly net loss of $16.9 million or $0.19 per diluted share, compared to net loss of $25.5 million or $0.30 per diluted share in Q4 2012; while annual net loss came in at $89.0 million or $1.02 per diluted share, compared to net loss of $98.8 million or $1.32 per diluted share in full year 2012. James M. Gower, Rigel Chairman and CEO, said, "As 2014 unfolds, Rigel has a number of significant clinical research projects in the works, which include a good combination of more advanced projects, such as fostamatinib in ITP, and earlier ones, such as R118 in intermittent claudication." Gower added, "We look forward to initiating the first of our two pivotal P3 trials of fostamatinib in ITP next month." The full analyst notes on Rigel Pharmaceuticals, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03102014/RIGL/report.pdf

Foundation Medicine, Inc. Analyst Notes

On March 5, 2014, Foundation Medicine, Inc.'s (Foundation Medicine) stock closed at $35.53, up 7.76%. Over the previous three trading sessions, Foundation Medicine's shares fell 0.28%, compared to the Nasdaq Composite which rose 1.16% during the same period. The full analyst notes on Foundation Medicine, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03102014/FMI/report.pdf

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