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cjmeyer

01/31/13 7:34 PM

#570 RE: BooDog #569

Think KERX!Came out of nowhere this week and is now over $9.

RJ Trotts

02/01/13 4:20 PM

#574 RE: BooDog #569

NEW YORK, NY -- (Marketwire) -- 01/23/13 -- Lost revenues from expiring patents has played a major part in the Biotech Industry's success in recent years. A total of 676 takeovers of biotechnology and pharmaceutical companies have occurred in the past three years, with an average premium of 38 percent, according to data collected by Bloomberg. Five Star Equities examines the outlook for companies in the Biotech Industry and provides equity research on Corcept Therapeutics Inc. (NASDAQ: CORT) and Savient Pharmaceuticals, Inc. (NASDAQ: SVNT).

Access to the full company reports can be found at:
www.FiveStarEquities.com/CORT
www.FiveStarEquities.com/SVNT

At the end of the third quarter five of the biggest drug makers in the U.S. held over $70 billion in cash, near cash and short-term investments. Major revenue losses from patent expirations have forced big pharmaceutical companies to look to biotech companies to help fill the void. Pfizer's Lipitor and Bristol-Myers' Plavix, which lost exclusivity in late 2011, had combined annuals revenues of $17 billion at their peaks.

"We're through many cost-cutting programs, restructurings and portfolio arrangements," said Henry Gosebruch, Managing Director, Mergers & Acquisitions J.P. Morgan. "When you put that together with record levels of cash available and improving, but still moderate R&D productivity, we think there will be more big pharma M&A activity in 2013."

Five Star Equities releases regular market updates on the Biotech Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.

Corcept Therapeutics is involved in the discovery and development of drugs that regulate the effects of cortisol or also known as the stress hormone. Korlym is the first and only approved medication for Cushing syndrome. Because Korlym is an Orphan Drug, Corcept will have marketing exclusivity consistent with the FDA's designation until February 2019.

Savient Pharmaceuticals is focused on developing and commercializing KRYSTEXXA for the treatment of chronic gout in adult patients who do not respond to conventional therapy. The company recently reported that the European Commission has granted a marketing authorization for KRYSTEXXA for the treatment of certain patients with chronic tophaceous gout.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
www.FiveStarEquities.com/disclaimer

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Source: Marketwire (January 23, 2013 - 8:20 AM EST)

News by QuoteMedia