Healthcare Review: Taro Pharmaceutical Industries, Masimo, Raptor Pharmaceuticals, Tekmira, Pfizer |
![]() |
![]() |
By Staff and Wire Reports |
Friday, 08 August 2014 14:19 |
Taro Pharmaceutical Industries ($TARO) fiscal Q1 results: Revenues: $130.2M (-15.0%); Gross Profit: $85.4M (-20.0%); Operating Income: $54.5M (-25.9%); Net Income: $46.1M (-21.6%); EPS: $1.08 (-18.2%); Quick Assets: $653.9M (+4.0%); CF Ops: $35.7M (-44.6%). Masimo ($MASI) Q2 results: Revenues: $140.9M (+2.5%); Operating Expenses: $74.7M (+9.7%); Operating Income: $18.4M (-20.7%); Net Income: $13.8M (-5.5%); EPS: $0.24 (-20.0%); Quick Assets: $97.1M (+26.4%). 2014 Guidance: Revenue: $588M - 593M from $588M - 598M; product revenue: $560M - 565M from $560M - 570M; GAAP EPS: $1.24 - 1.30 from $1.24 - 1.33. Raptor Pharmaceuticals ($RPTP) Q2 results: Net Product Sales: $16.3M (-22.4%); Operating Expenses: $24.4M (+56.4%); Operating Loss: ($9.1M) (+43.1%); Net Loss: ($12.7M) (+47.3%); Loss Per Share: ($0.20) (+53.5%); Quick Assets: $58.1M (-30.0%). 2014 Guidance: Net product sales: $65M - 70M from $55M - 65M; non-GAAP operating expenses: $80M - 90M; quick assets will be sufficient to fund operations through at least 1H 2016. Shares of Tekmira (NASDAQ:TKMR) are up 18% premarket on increased volume after the company announced that the FDA verbally confirmed that it has modified its TKM-Ebola IND from full clinical hold to partial clinical hold. The status change could potentially enable the use of TKM-Ebola in infected people. The IND remains on full clinical hold for the multi-ascending dose portion of the Phase 1 randomized, placebo-controlled trial. The study will assess the safety, tolerability and pharmacokinetics of TKM-Ebola in healthy volunteers without taking steroid pre-medications. Pfizer (NYSE:PFE) is facing an increasing amount of lawsuits by women who state that the pharmaceutical giant knew about the serious side effects of its anti-cholesterol drug Lipitor but never adequately warned the public. Lawsuits began to be filed after the FDA in 2012 warned that Lipitor and other statins had been linked to a "small increased risk" of diabetes. In the last five months, lawsuits have shot up from 56 to almost 1,000. "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 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |