StockCall Scrutinizes Alexion Pharma and Celgene: Biotech Stocks Offers Healthy Returns
LONDON, February 19, 2013 /PRNewswire/ --
Biotech sector provides some very good investment opportunities. The sector has good bets in large cap as well as small cap segments. However, these companies have high risk profile as well as most of the stocks derive their value from their drug candidates. Various contingency factors like delay in the clinical trial or lack of the FDA approval can instantly send a stock into a tizzy. On the other hand, any positive occurrence has the similar impact in the upward direction. Celgene Corporation (NASDAQ: CELG) stock is on the upward trajectory following the approval of its multiple myloma drug. Similarly, Alexion Pharmaceuticals Inc. (NASDAQ: ALXN) reported strong results. Its stock is performing well on the strength of its healthy portfolio and impressive array of potential drug candidates. StockCall reviewed the solar industry and chose Alexion Pharmaceuticals and Celgene for its technical coverage. These free reports can be seen for free at
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Celgene Grows with Robust Drug Pipeline
Celgene Corporation recently received approval for its new multiple myloma drug, Pomalyst. The drug has shown good results and is expected to be successful in the market. The company focuses on developing its drug pipeline and augmenting its revenue. Celgene is one of the most prominent companies in its field. Register for today's free analysis on Celgene Corp. at
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The biotech's stock grew 25 percent on a YTD basis and its bullish stance is likely to continue as the company works towards creating new drugs. For FY2013, the company expects its revenue to increase 11 percent and it expects its revenue to touch $12 billion per annum by 2017. Though, the company does not pay any dividend, it has a robust share repurchase program and bought back $2 billion worth of stock in 2012. Celgene still has authorization to purchase up to $1.8 billion worth of stock and it is likely to make good use of this authorization, bringing extra value to its investors.
Celgene has a healthy portfolio of products and a robust development pipeline. Among its top performers is Revlimid, which continues to perform well. However, other drugs like Thalomid are in a declining phase. The company now looks forward to get approval for its new drug Abraxane. Celgene Corp. offers a good investment opportunity with long-term potential.
Alexion Pharma Reports Higher Net Sales
Alexion Pharmaceuticals reported 41 percent increase in its net product sales for the fourth quarter of FY2012. Its net adjusted income jumped 52 percent to $122.3 million. Similarly, its full year results also showed an encouraging trend. The company currently has five drug candidates in its product pipeline. For 2013, Alexion expects its net product revenue to be in the range of $1.49 billion and $1.505 billion. The stock is up 6 percent in the past 52 weeks. Download the free research on Alexion Pharmaceuticals Inc. by signing up now at
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Alexion also has strong share buyback program. Late last year it authorized $400 million worth of shares repurchase program. The company's sales superstar Soliris is likely to keep performing well as it does not face any imminent challenge from competing drugs. However, the company also needs to build up diversified portfolio as it is currently dependent on Soliris' performance alone. Though, investment in an orphan drug company is slightly risky, but returns may sometimes justify the risk.
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