NEW YORK, October 21, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Geron Corporation (NASDAQ: GERN), NPS Pharmaceuticals, Inc. (NASDAQ: NPSP), Portola Pharmaceuticals, Inc. (NASDAQ: PTLA), MannKind Corp. (NASDAQ: MNKD), and Exact Sciences Corporation (NASDAQ: EXAS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Geron Corporation Research Report
On October 1, 2013, Geron Corporation (Geron) reported the completion of the transaction for the divestiture of its stem cell assets, following an Asset Contribution Agreement it had entered with BioTime, Inc. (BioTime) and Asterias Biotherapeutics, Inc. (Asterias). Geron informed that it received approximately 6.5 million shares of Asterias Series A common stock, and it will receive royalties from Asterias for the sale of products that are commercialized, if any, in reliance upon Geron patents acquired by Asterias. The Company stated that it will distribute the Asterias Series A common stock received from Asterias to Geron's stockholders on a pro rata basis ("Series A Distribution"), other than with respect to fractional shares and stockholders in certain to-be-determined excluded jurisdictions, who will instead receive cash on a pro rata basis. According to Geron, it will set a record date, following notice from BioTime and Asterias that certain securities registration or qualification requirements have been met. Only Geron stockholders as of that record date will be eligible to participate in the Series A Distribution. The Full Research Report on Geron Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/1ca9_GERN]
--
NPS Pharmaceuticals, Inc. Research Report
On October 14, 2013, NPS Pharmaceuticals, Inc. (NPS) announced new findings from its STEPS 2 study supporting the long-term use of Gattex (teduglutide [rDNA origin]) for injection in adult patients with Short Bowel Syndrome (SBS). NPS further reported that Gattex is indicated for the treatment of adult patients with Short Bowel Syndrome who are dependent on parenteral support in the US. Lauren Schwartz, MD, Assistant Professor of Medicine, Mount Sinai School of Medicine, and Study Investigator, commented, "We are pleased to see that long-term treatment with Gattex resulted in clinically meaningful reductions in parenteral support as seen in the previous STEPS study." Schwartz added, "Further, it is particularly encouraging that 13 patients achieved complete independence from parenteral support with long-term Gattex therapy. The ability to reduce or even completely eliminate the need for parenteral support could meaningfully impact the lives of patients with this rare and debilitating condition." The Full Research Report on NPS Pharmaceuticals, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/441a_NPSP]
--
Portola Pharmaceuticals, Inc. Research Report
On October 9, 2013, Portola Pharmaceuticals, Inc. (Portola) announced that it has initiated a Phase 1/2 clinical study of PRT2070, a novel, oral, dual spleen tyrosine kinase (Syk) and janus kinase (JAK) inhibitor. According to Portola, the compound is being developed for patients with genetically-defined hematologic cancers, as well as for patients who have failed therapy due to relapse or acquired mutations. John T. Curnutte, M.D., Ph.D., Executive Vice President of Research and Development for Portola, stated, "We are pleased to advance our third wholly-owned program focused on addressing an unmet medical need into the clinic. Our goal with PRT2070 is to develop an effective and well- tolerated oral drug for the thousands of lymphoma and leukemia patients who are impacted by difficult- to-treat genetic subtypes or who become unresponsive to available therapies." Curnutte continued, "With PRT2070, we have seen promising in vitro activity in cell lines with specific mutations and in tumor cells that have lost sensitivity to other compounds due to acquired mutations. We look forward to seeing initial clinical data for this agent in 2014." The Full Research Report on Portola Pharmaceuticals, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/102f_PTLA]
--
MannKind Corp. Research Report
On October 14, 2013, MannKind Corp. (MannKind) announced that it has resubmitted a new drug application (NDA) to the US Food and Drug Administration (FDA) on October 13, 2013, seeking approval for the marketing and sale of AFREZZA (insulin human [rDNA origin]) Inhalation Powder with an indication to improve glycemic control in adults with type 1 or type 2 diabetes. MannKind reported that the resubmission is based on the entire data set from the extensive AFREZZA clinical development program and particularly the positive results from two recent Phase 3 trials, one in patients with type 1 diabetes (study 171) and one in patients with type 2 diabetes (study 175). Alfred Mann, Chairman and CEO of MannKind stated, "We designed the recent studies with input and guidance from the FDA, and both achieved their primary efficacy endpoints and safety objectives." The Full Research Report on MannKind Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/044e_MNKD]
--
Exact Sciences Corporation Research Report
On October 16, 2013, Exact Sciences Corporation (Exact Sciences) announced that it will host its Q3 2013 conference call on October 29, 2013 at 10:00 a.m. ET / 9:00 a.m. CT. The Company reported that the live and archived version of the webcast is accessible through its website. The Full Research Report on Exact Sciences Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/9c49_EXAS]
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
AnalystsCorner.com
SOURCE Analysts' Corner
