Earnings Releases, Drug Approvals, Study Results, Dividend Declarations, and Long-term Financing - Analyst Notes on Medivation, Alexion, Boston Scientific, Danaher and Caterpillar - WAFB 9 News Baton Rouge, Louisiana News, Weather, Sports

Earnings Releases, Drug Approvals, Study Results, Dividend Declarations, and Long-term Financing - Analyst Notes on Medivation, Alexion, Boston Scientific, Danaher and Caterpillar

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NEW YORK, May 14, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Medivation, Inc. (NASDAQ: MDVN), Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN), Boston Scientific Corporation (NYSE: BSX), Danaher Corp. (NYSE: DHR) and Caterpillar Inc. (NYSE: CAT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2433-100free.

Medivation, Inc. Analyst Notes
On May 8, 2014, Medivation, Inc. (Medivation) reported Q1 2014 earnings. Medivation reported collaboration revenue during the quarter increased 88.9% YoY to $87.2 million, but fell short of the Zacks' consensus estimates of $112.0 million. The Company informed that U.S. sales of XTANDI (enzalutamide) capsules were $124.5 million. Medivation and Astellas Pharma Inc. ("Astellas") are jointly responsible for commercialization and development of XTANDI in the U.S. and share equally in the costs, profits and losses arising from this drug in U.S. During the quarter, Medivation narrowed down its net loss to $13.7 million, or $0.18 per diluted share, from a net loss of $27.2 million, or $0.36 per diluted share, for Q1 2013. However, the net loss was wider than the Zacks consensus estimate of a loss of $0.03 per share. For 2014, Medivation expects U.S. net sales of XTANDI to be in the range of $540 - $575 million. The full analyst notes on Medivation are available to download free of charge at:


Alexion Pharmaceuticals, Inc. Analyst Notes
On May 5, 2014, Alexion Pharmaceuticals, Inc. (Alexion) announced that the U.S. Food and Drug Administration (FDA) has approved the Company's supplemental Biologics License Application (sBLA) providing regular approval for Soliris® (eculizumab). The Company informed that Soliris is indicated for the treatment of adult and pediatric patients with atypical hemolytic uremic syndrome (aHUS) to inhibit complement-mediated thrombotic microangiopathy (TMA). The development reflects Alexion's fulfillment of post-marketing requirements, including the submission of confirmatory data from two additional prospective clinical trials, including one in pediatric patients with aHUS. Commenting on the development, Leonard Bell, CEO, Alexion said "We are pleased that, since 2011, the FDA's Accelerated Approval process has enabled us to provide Soliris to individuals whose lives have been at risk of the severe clinical manifestations of aHUS and who would otherwise have had no safe or effective treatment options." The full analyst notes on Alexion are available to download free of charge at:


Boston Scientific Corporation Analyst Notes
On May 10, 2014, Boston Scientific Corporation (Boston Scientific) issued a press release announcing results of the PREDICt-RM study (Patient RElated Determinants of ICD Remote Monitoring Utilization and Outcomes) - a collaborative study between Boston Scientific, American College of Cardiology and Yale University. According to the study results, patients using Boston Scientific LATITUDE™ Remote Patient Management system with wireless telemetry demonstrated significantly lower mortality and fewer hospitalizations than patients with LATITUDE-compatible devices who were not followed on the system. Commenting on the development, Kenneth Stein, M.D., Chief Medical Officer, Rhythm Management, Boston Scientific, said "PREDICt-RM demonstrates that wireless remote monitoring using the LATITUDE system provides a significant benefit to patients and the overall healthcare system. We are very excited to have such strong data demonstrating substantially improved survival and reduced hospitalization rates in the patients followed on LATITUDE." The full analyst notes on Boston Scientific are available to download free of charge at:


Danaher Corp. Analyst Notes
On May 6, 2014, Danaher Corp. (Danaher) announced that its Board of Directors has approved a regular quarterly dividend of $0.10 per share payable on July 25, 2014 to holders of record on June 27, 2014. Danaher designs, manufactures and markets professional, medical, industrial and commercial products and services. The full analyst notes on Danaher are available to download free of charge at:


Caterpillar Inc. Analyst Notes
On May 5, 2014, Wall Street Journal (WSJ) reported that Caterpillar Inc. (Caterpillar) sold 50-year bonds, the first such long-dated bond issuance by any U.S. company (excluding financial institutions) in nearly a year. The 50-year corporate bonds were issued as part of a Caterpillar's $2 billion debt sale. According to the report, the Company sold $500 million of 50-year bonds due 2064, yielding 1.375 percentage points more than Treasuries. WSJ further reported that the Company also sold 10-year and 30-year debt, to yield 0.80 and 0.95 percentage point over Treasuries. The full analyst notes on Caterpillar are available to download free of charge at:


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