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Legal Updates, Stock Price Movements, Launch of New Products, and Trial Results - Analyst Notes on Teva, Lilly, Allergan, Illumina, and Regeneron

Editor Note: For more information about this release, please scroll to bottom.

NEW YORK, April 4, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Teva Pharmaceutical Industries Ltd. (NYSE: TEVA), Eli Lilly and Co. (NYSE: LLY), Allergan Inc. (NYSE: AGN), Illumina Inc. (NASDAQ: ILMN), and Regeneron Pharmaceuticals Inc. (NASDAQ: REGN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

Teva Pharmaceutical Industries Ltd. Analyst Notes 

On March 31, 2014, Teva Pharmaceutical Industries Ltd. (Teva) announced that the U.S. Supreme Court has agreed to hear the Company's appeal in the patent dispute over its multiple sclerosis (RRMS) product, COPAXONE®. Teva's appeal to the Supreme Court challenges a last year's ruling by the U.S. Court of Appeals for the Federal Circuit and seeks to prevent generic versions of the COPAXONE from entering the market till September 2015. The court had upheld some of the COPAXONE patents that expire in May 2014, while invalidating the '808 patent' that is the subject of Teva's now-granted certiorari petition. The development came as a huge relief for Teva's stock (ADR) which jumped 6.86% to $52.84 on the day of the announcement. Analysts believe that if Teva wins the case, it would result into windfall gains for the Company which earns almost 20% of its sales from the drug which is under dispute. The full analyst notes on Teva Pharmaceutical Industries Ltd. are available to download free of charge at:

http://www.AnalystsReview.com/04042014/TEVA/report.pdf

Eli Lilly and Co. Analyst Notes 

On March 31, 2014, Eli Lilly and Co. (Lilly) announced that the U.S. District Court for the Southern District of Indiana has ruled in favor of the Company in relation to the vitamin dosage regimen patent for Alimta® (pemetrexed for injection). According to the Company, the court ruled that the vitamin dosage regimen patent, which provides intellectual property protection for Alimta until 2022, is valid and enforceable. The Company also stated that Alimta's compound patent remains in force through early 2017. The full analyst notes on Eli Lilly and Co. are available to download free of charge at:

http://www.AnalystsReview.com/04042014/LLY/report.pdf

Allergan Inc. Analyst Notes 

On April 1, 2014, Allergan Inc.'s (Allergan) stock ended the trading session at $123.74, down 0.29%, underperforming the S&P 500 Index which gained 0.70% over the same day. Shares in Allergan opened the session at $124.13 and oscillated in the range of $122.98 - $125.35. Over the past three months, the stock has increased 11.40%, outperforming the S&P 500 Index which gained 2.00% during the same time period. The full analyst notes on Allergan Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04042014/AGN/report.pdf

Illumina Inc. Analyst Notes 

On April 2, 2014, Illumina Inc. (Illumina) announced the expansion of its product portfolio by introducing new products that could be used in discovery and translation of genomic variation in blood and tissue associated with cancer. According to the Company, the expansion of portfolio leverages its industry-leading next-generation sequencing (NGS) and microarray scanning systems to deliver sample-to-data solutions for basic and clinical cancer research. The new products launched are: TruSeq® RNA Access Library Prep Kits which offers a reproducible, economical solution for analyzing RNA isolated from formalin-fixed, paraffin-embedded tissues, and other low-quality samples; TruSight™ Myeloid Sequencing Panel that uses expert-curated content to offer accurate, efficient, and cost-effective identification of somatic mutations in myeloid malignancies; New BaseSpace® Core Apps that offers informatics support for the cancer market. Rick Klausner, M.D., Chief Medical Officer of Illumina, said, "The latest additions to our product portfolio address the unique needs of oncology researchers." The full analyst notes on Illumina Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04042014/ILMN/report.pdf

Regeneron Pharmaceuticals Inc. Analyst Notes 

On April 1, 2014, Regeneron Pharmaceuticals Inc. (Regeneron) and Sanofi jointly announced that the first Phase 2 study with alirocumab, an investigational monoclonal antibody targeting PCSK9 (proprotein convertase subtilisin/kexin type 9), in Japanese patients reached its primary endpoint. According to the Company, the results indicated that the mean low-density lipoprotein-cholesterol (LDL-C, or bad cholesterol) percentage reduction from baseline to week 12, the primary efficacy endpoint of the study, was significantly greater in patients randomized to receive one of three doses of alirocumab administered every other week (Q2W) -- 150 milligrams (mg), 75 mg, and 50 mg, in combination with statin therapy, compared to patients receiving placebo. George D. Yancopoulos, M.D., Ph.D., Chief Scientific Officer of Regeneron and President of Regeneron Laboratories, commented, "The results from this trial support the efficacy and safety of alirocumab at a range of doses in Japanese patients." The full analyst notes on Regeneron Pharmaceuticals Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04042014/REGN/report.pdf

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EDITOR NOTES: 

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  • 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.
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