Healthcare Review: Gentiva Health Services, Northwest Bio, Prima BioMed, Celgene, Palatin Technologies |
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By Staff and Wire Reports |
Wednesday, 09 July 2014 14:12 |
Gentiva Health Services ($GTIV) reports that Q2 revenues will be at least $496M, EBITDA $52M and diluted EPS at least $0.33.The company also reaffirms its 2014 guidance: net revenues: $1.9B - 2.1B; adjusted EBITDA: $177M - 195M; diluted EPS: $0.85 - 1.15. Northwest Bio ($NWBO) CEO Linda Powers denies charges contained in yesterday's Seeking Alpha article by Richard Pearson that the driving force behind gains in the stock price is a string of promotional pieces, asserting that the author didn't mention "the real reason, that the company has made tremendous operational progress." The BOD of Sydney-based Prima BioMed ($PBMD) appoints Chief Business Officer, CFO and GM of European Operations Marc Voigt Chief Executive Officer replacing U.S.-based Matthew Lehman. The company believes that its CEO should be based in Europe because its operational focus is there. Celgene's ($CELG) phosphodiesterase 4 (PDE4) inhibitor Otezla (apremilast) failed to achieve its primary endpoint in a Phase 3 study in patients with active ankylosing spondylitis. The Otezla arm did not demonstrate statistically significant improvement versus placebo as measured by an Assessment of SpondyloArthritis 20 response at week 16. The USPTO issues a Notice of Allowance for Palatin Technologies' ($PTN) patent app 13/910,422 covering composition of matter on broad families of melanocortin receptor 1-specific peptides with potential utility for the treatment of inflammatory diseases and disorders. "Featured Content" profiles are meant to provide awareness of these companies to investors in the small-cap and growth equity community and should not in any way come across as a recommendation to buy, sell or hold these securities. BiomedReports is not paid or compensated by newswires to disseminate or report news and developments about publicly traded companies, but may from time to time receive compensation for advertising, data, analytics and investor relation services from various entities and firms. Full disclosures should be read in the 'About Us Section'. Add this page to your favorite Social Bookmarking websites ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |