|By PR Newswire||
|April 3, 2014 08:02 AM EDT||
NEW YORK, April 3, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Johnson & Johnson (NYSE: JNJ), Teva Pharmaceutical Industries Limited (NYSE: TEVA), Celgene Corporation (NASDAQ: CELG), Cara Therapeutics Inc. (NASDAQ: CARA), and OncoMed Pharmaceuticals, Inc. (NASDAQ: OMED). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Johnson & Johnson Analyst Notes
On March 31, 2014, Johnson & Johnson announced that it has accepted the binding offer from The Carlyle Group. According to the release, the binding offer was received and announced on January 16, 2014, to acquire the Company's Ortho-Clinical Diagnostics business for approximately $4 billion, subject to customary adjustments. Additionally, the Company stated that the acceptance was made after consultation with the relevant works councils and trade unions. Johnson & Johnson also stated that the transaction is expected to close towards the middle of the year, upon satisfaction of customary closing conditions and that it will discuss any updates on the transaction during its scheduled quarterly earnings call on April 15, 2014. The full analyst notes on Johnson & Johnson are available to download free of charge at:
Teva Pharmaceutical Industries Limited Analyst Notes
On March 31, 2014, Teva Pharmaceutical Industries Limited (Teva) announced that its COPAXONE® certiorari petition has been granted by the U.S. Supreme Court and will hear its appeal of a decision from the United States Court of Appeals for the Federal Circuit that invalidated the claim of U.S. Patent 5,800,808 (808 patent). According to the release, the 808 patent expires on September 1, 2015, and claims a process for manufacturing the active ingredient of the Company's relapsing-remitting multiple sclerosis (RRMS) product, COPAXONE® (glatiramer acetate injection) 20mg/L. Additionally, the Company stated that it has previously prevailed in the District Court regarding nine COPAXONE® patents, including the 808 patent. Teva also stated that any purported generic version of COPAXONE® would be required to obtain the Food and Drug Administration's (FDA) approval prior to being made available to the public. The full analyst notes on Teva Pharmaceutical Industries Limited are available to download free of charge at:
Celgene Corporation Analyst Notes
On March 23, 2014, Celgene Corporation (Celgene) announced that it has released new research findings on OTEZLA® (apremilast) from the ESTEEM 1 and 2 phase III studies in patients with moderate to severe plaque psoriasis at the 72nd Annual Meeting of the American Academy of Dermatology (AAD) in Denver, CO. According to Celgene, in ESTEEM 1 and 2, patients were given OTEZLA 30mg twice daily (BID) or placebo for the first 16 weeks, then followed by a maintenance phase through week 32, in which patients on placebo for 16 weeks were switched to OTEZLA. Additionally, the Company stated that patients initially randomized to OTEZLA 30 mg BID, and those who were PASI 75 (Psoriasis Area and Severity Index) responders at week 32, were re-randomized to either OTEZLA 30mg BID or placebo. Commenting on the news, Jennifer Cather, M.D., Modern Research Associates, Dallas Texas, stated, "Results from the 52-week analysis of the ESTEEM program suggest that early responses seen with OTEZLA treatment in multiple efficacy endpoints of plaque psoriasis, including difficult to treat areas, are durable over time. Together with the observed long-term consistent safety and tolerability profile, these findings are encouraging." The full analyst notes on Celgene Corporation are available to download free of charge at:
Cara Therapeutics Inc. Analyst Notes
On March 31, 2014, Cara Therapeutics Inc.'s (Cara Therapeutics) stock went up by 12.65%, at $18.61 per share. For the past three-month trading period, Cara Therapeutics' shares reflected an increase of 44.14%, compared to the Nasdaq Composite which went up by 2.31% over the same three-month trading period. The full analyst notes on Cara Therapeutics Inc. are available to download free of charge at:
OncoMed Pharmaceuticals, Inc. Analyst Notes
On March 31, 2014, OncoMed Pharmaceuticals, Inc.'s (OncoMed Pharmaceuticals) stock went up by 15.87%, at $33.65 per share. Over the past six-month trading period, the Company's stock increased significantly by 119.79%, compared to the Nasdaq Composite which went up by 11.33% during the same trading session. The full analyst notes on OncoMed Pharmaceuticals, Inc. are available to download free of charge at:
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