NEW YORK, December 18, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting XOMA Corporation (NASDAQ:XOMA), MAKO Surgical Corp. (NASDAQ:MAKO), Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY), Avanir Pharmaceuticals (NASDAQ:AVNR), and PDL BioPharma, Inc. (NASDAQ:PDLI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
XOMA Corporation Research Report
On December 13, 2013, XOMA Corp. ( XOMA ) announced the pricing of 9.5 million shares of its common stock at a price to the public of $5.25 per share. The Company reported that it has also granted the underwriters a 30-day option to purchase up to an additional approximately 1.4 million shares of common stock on the same terms and conditions. XOMA informed that after deducting the underwriting discount and estimated offering expenses payable by the Company, the aggregate net proceeds from the offering will amount to approximately $46.5 million, which the Company intends to use for continued development, preclinical testing and clinical studies related to gevokizumab and the XMet platform, general research and development, business development and other corporate purposes. The Company expects the offering to close on or about December 18, 2013. The Full Research Report on XOMA Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
MAKO Surgical Corp. Research Report
On December 13, 2013, MAKO Surgical Corp. ( MAKO ) announced the Mako stockholders' approval of the adoption of the Agreement and Plan of Merger in relation to the merger of MAKO with and into a wholly owned subsidiary of Stryker Corporation. Under the terms of the Merger Agreement, MAKO stockholders will receive $30 per share in cash at the closing of the merger. The parties expect the transaction to close on December 17, 2013. The Full Research Report on MAKO Surgical Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Alnylam Pharmaceuticals, Inc. Research Report
On December 9, 2013, Alnylam Pharmaceuticals Inc. (Alnylam) announced the presentation of new pre-clinical data with ALN-AT3 at the 55th Annual Meeting of the American Society of Hematology (ASH) held December 7 - December 10, 2013 in New Orleans. Alnylam reported that ALN-AT3 is a subcutaneously administered RNAi therapeutic targeting antithrombin (AT) for the treatment of hemophilia and rare bleeding disorders (RBD). The studies demonstrated that the repeat administration of ALN-AT3 was found to be well tolerated in Hemophilia A (HA) mice, with no adverse findings up to dose levels 200 times greater than levels required to achieve 50% AT knockdown. According to the Company, the ALN-AT3 administration also demonstrated complete correction of the activated Partial Thromboplastin Time (aPTT) - an ex vivo measure of blood coagulation that is significantly prolonged in hemophilia - in HA mice. Akshay Vaishnaw, M.D., Ph.D., Executive Vice President and Chief Medical Officer of Alnylam, commented, "These new data presented at ASH demonstrate that repeat administration of ALN-AT3 is well tolerated in animal models of hemophilia, and suggest that our RNAi therapeutic has the potential for a wide therapeutic index in subjects with hemophilia. With MHRA approval of our recently filed CTA, we look forward to the advancement of ALN-AT3 in our Phase I clinical trial that we expect to start in early 2014, with data from hemophilia subjects expected by the end of next year." The Full Research Report on Alnylam Pharmaceuticals, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Avanir Pharmaceuticals Research Report
On December 10, 2013, Avanir Pharmaceuticals (Avanir) reported its Q4 FY 2013 financial results (period ended September 30, 2013). The Company reported total net revenues of $21.7 million, compared with $13.5 million in Q4 FY 2012. Net loss totaled $15.4 million or $0.10 per diluted share, compared with a net loss of $11.7 million or $0.09 per diluted share in Q4 FY 2012. For fiscal 2013, total net revenues were $75.4 million, 82.6% YoY growth. Net loss for full-year 2013, was $55.5 million or $0.39 per diluted share, compared with a net loss of $59.7 million or $0.45 per diluted share in full-year 2012. Keith A. Katkin, President and CEO of Avanir commented, "We have achieved a number of important and transformational milestones. In addition to robust growth of NUEDEXTA for PBA, we formed a co-promote partnership with Merck which will leverage our commercial leadership in the institutional setting. We also in-licensed a new investigational migraine treatment, gained European approval for NUEDEXTA and initiated a new phase II study of AVP-923 exploring its potential application in levadopa-induced dyskinesias in Parkinson's disease." The Full Research Report on Avanir Pharmaceuticals - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
PDL BioPharma, Inc. Research Report
On December 12, 2013, PDL BioPharma, Inc. (PDL BioPharma) announced the completion of its regular quarterly dividend payment. The Company has successfully paid the December 12, 2013 dividend payment of $0.15 per share to all stockholders owning shares as of December 5, 2013, the record date. The Full Research Report on PDL BioPharma, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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