NEW YORK, December 19, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Solta Medical, Inc. (NASDAQ: SLTM), Opko Health, Inc. (NYSE: OPK), NuPathe, Inc. (NASDAQ: PATH), AcelRx Pharmaceuticals, Inc. (NASDAQ: ACRX), and Momenta Pharmaceuticals Inc. (NASDAQ: MNTA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Solta Medical, Inc. Research Report
On December 16, 2013, Solta Medical, Inc. (Solta Medical) announced that it has entered into a definitive agreement with Valeant Pharmaceuticals International, Inc. (Valeant), pursuant to which Valeant will acquire all of the Company's outstanding common stock for $2.92 per share in cash or total consideration of approximately $250 million. Solta Medical reported that the acquisition is expected to close in Q1 2014 and to be immediately accretive to Valeant's cash EPS, once completed. Commenting on the acquisition agreement, Mark Sieczkarek, Chairman of the Board and Interim CEO of Solta Medical said, "Our Board of Directors has determined that this all cash offer is in the best interest of our stockholders. We further believe the acquisition by Valeant provides the best opportunity for Solta Medical brands and our employees to achieve their full potential while generating a significant, near term return for our stockholders." The Full Research Report on Solta Medical, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Opko Health, Inc. Research Report
On December 16, 2013, Opko Health, Inc. (Opko Health) announced that it has entered into an agreement to acquire Laboratorio Arama de Uruguay Limitada (Arama). Opko Health reported that the acquisition is expected to add to its South American presence in the Mercosur economic region while further complementing its business activities in Chile, Mexico, and Brazil. Phillip Frost, M.D., Chairman and CEO of Opko Health, said, "We continue to broaden our commercial prospects through investments that complement our existing businesses and bolster the global reach of our robust product pipeline." Frost continued, "This acquisition will allow Opko to establish a footprint in Uruguay and facilitate future sales and commercial expansion into neighboring Argentina. In the near term, Arama provides another platform for the commercialization of our 4Kscore, a novel panel of biomarkers and associated algorithm to more accurately detect and grade possible prostate cancers." Opko Health reported that the transaction is expected to close in January 2014. The Full Research Report on Opko Health, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
NuPathe, Inc. Research Report
On December 16, 2013, NuPathe, Inc. (NuPathe) announced that it has entered into a definitive agreement with Endo Health Solutions (Endo), under which Endo will acquire NuPathe for $2.85 per share in cash for a total consideration of approximately $105 million. In addition to the upfront cash payment, NuPathe shareholders will receive rights to receive additional cash payments of up to $3.15 per share if specified net sales of NuPathe's migraine treatment ZECUITY are achieved over time. Armando Anido, NuPathe CEO, commented, "Our team has worked very hard to develop products that we believe will provide significant clinical advantages over current treatments for patient populations facing diseases of the central nervous system. We believe this acquisition by Endo will increase the potential for ZECUITY to make a meaningful difference for patients we have worked so hard to serve." NuPathe expects the transaction to be completed in early 2014. The Full Research Report on NuPathe, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
AcelRx Pharmaceuticals, Inc. Research Report
On December 16, 2013, AcelRx Pharmaceuticals, Inc. (AcelRx) announced that it has entered into a commercial collaboration with Grunenthal GmbH, covering the territory of the European Union, certain other European countries and Australia for ZALVISO (previously known as ARX-01) for potential use in pain treatment within or dispensed by a hospital, hospice, nursing home or other medically supervised setting. AcelRx reported that its lead program, ZALVISO, is a drug-device combination product utilizing the opioid agonist sufentanil formulated in a proprietary sublingual tablet formulation and delivered through a pre-programmed, non-invasive proprietary delivery device. The Company said that it will receive an upfront payment of $30 million, and is eligible to receive approximately $220 million in additional milestone payments, based upon successful regulatory and product development efforts and net sales target achievements. The Full Research Report on AcelRx Pharmaceuticals, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Momenta Pharmaceuticals Inc. Research Report
On December 12, 2013, Momenta Pharmaceuticals Inc. (Momenta) announced the appointment of Michael Franken, M.D. as President, Biosimilars Business. According to the Company, Dr. Franken will oversee the operational management of biosimilars program, including its collaboration with Baxter International Inc., strategic planning, P&L responsibility, and other supporting activities. Commenting on the appointment, Craig Wheeler, Momenta's President and CEO said, "Michael brings more than 17 years of broad experience to the company, including a valuable combination of operations skills, market expertise and business development. With this focus, we will better align our resources and expertise to create an even stronger collaboration with Baxter to advance this core business." The Full Research Report on Momenta Pharmaceuticals Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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