Company & Industry OverviewsHow Merck’s Business Segments PerformedMerck reported 3% growth in revenues to ~$10.4 billion during 4Q17 as compared to 4Q16.
Company & Industry OverviewsA Look at Novartis’s Immunology and Dermatology Segment’s PerformanceIn 4Q17, Novartis’s Immunology and Dermatology segment generated revenues of $1.2 billion, ~30% growth on a year-over-year (or YoY) basis and ~9% growth quarter-over-quarter.
Company & Industry OverviewsBaxter International Completes Its Mallinckrodt Assets BuyBaxter (BAX) announced the completion of its acquisition of Recothrom and Preveleak assets from Mallinckrodt for $185.0 million.
Company & Industry OverviewsTeva’s Recent Launch of Generic Solodyn: What You Need to KnowOn February 20, 2018, Teva Pharmaceutical announced the US launch of the generic version of Solodyn Extended Release tablets in two strengths.
Company & Industry OverviewsHow the Market Reacted to Teva’s Pricing of Its Generic SyprineOn February 9, 2018, Teva Pharmaceuticals (TEVA) announced the US launch of its generic version of 250 mg Syprine capsules.
Company & Industry OverviewsThe Key Factors in Dentsply Sirona Sales Growth PlanDentsply Sirona (XRAY) has delivered lower merger synergies than the company had estimated. It also took an impairment charge during 4Q17.
Company & Industry OverviewsUnderstanding Dentsply Sirona’s New Organizational StructureIn 4Q17, Dentsply Sirona (XRAY) started reporting its operations under two segments, after a shift to three segments in fiscal 3Q17.
Company & Industry OverviewsEli Lilly’s Jardiance, Trajenta, and Trulicity in 2017In 4Q17, Eli Lilly’s (LLY) Jardiance generated revenues of $143.2 million compared to $76.1 million in 4Q16.
Company & Industry OverviewsWhat’s LHC Group’s Business Strategy?In 2018, LHC Group is expected to report revenue of $1.2 billion. What about its peers?
Company & Industry OverviewsHow Novartis’s Revenues Trended in 4Q17Novartis surpassed Wall Street analysts’ estimates for earnings per share (or EPS) with reported EPS of $4.86 as compared to estimates of $4.82 for 2017.
Company & Industry OverviewsUnderstanding Tenet Healthcare’s Business StrategyTo better position itself and compete effectively in this evolving healthcare environment, Tenet Healthcare has taken a number of steps.
Company & Industry OverviewsMedtronic Strengthens Diabetes Business with MiniMed Infusion SetOn February 21, 2018, Medtronic (MDT) announced the launch of its MiniMed Mio Advance infusion set.
Company & Industry OverviewsWhat’s Masimo’s Business Strategy?Masimo’s future growth strategy is focused on international expansion opportunities in Europe, Asia, Asia-Pacific, the Middle East, and Latin America.
Company & Industry OverviewsSemaglutide May Prove to Be an Effective Anti-Obesity TherapyNovo Nordisk plans to initiate its Phase 3a program, STEP, to study the efficacy of 2.4 mg of semaglutide once per week in obesity indications in 1H18.
Company & Industry OverviewsLabel Expansion May Boost Xultophy’s Sales in 2018In November 2017, Novo Nordisk (NVO) submitted an application to European regulatory authorities to update Xultophy’s label.
Company & Industry OverviewsABT Gets FDA Approval for World’s Smallest Mechanical Heart ValveAbbott announced that it received FDA approval for its Masters HP 15-mm rotatable mechanical heart valve, which is the first and only heart valve developed for newborns and infants.
Company & Industry OverviewsXultophy May Prove a Strong Growth Driver for NVO in 2018Novo Nordisk’s (NVO) Xultophy reported sales close to 729 million Danish kroner in 2017.
Company & Industry OverviewsChanges in Johnson & Johnson’s Profit Margins in 4Q17Johnson & Johnson’s gross profit margin decreased to 64.1% in 4Q17, a ~5% decrease compared to 69.1% in 4Q16.
Company & Industry OverviewsNovo Nordisk Has Developed a Portfolio of New-Generation InsulinsNovo Nordisk has been creating awareness about the risks of hypoglycemia and the benefits of Tresiba among general practitioners and primary care physicians.
Company & Industry OverviewsBehind Depomed’s Business StrategyDepomed (DEPO) has adopted a three-pronged business strategy with three key elements: maintain, build, and grow.
Company & Industry OverviewsTresiba Emerged as a Blockbuster Therapy in 2017In 2017, Novo Nordisk’s (NVO) basal insulin therapy, Tresiba, reported revenue of nearly 7.3 billion Danish kroner and attained blockbuster status.
Company & Industry OverviewsAmerisourceBergen’s Business SegmentsAmerisourceBergen’s (ABC) operations are organized based on the products and services it provides to customers.
Company & Industry OverviewsNovo Nordisk Has a Broad Portfolio for Type 2 Diabetes CareAccording to IQVIA, the global insulin market value grew at a compound average growth rate (or CAGR) of 16.8% from November 2012 to November 2017.
Company & Industry OverviewsVictoza Continues to Lead in the GLP-1 Segment in 2018In 3Q17, Novo Nordisk managed to update Victoza’s label in the United States and Europe.
Company & Industry OverviewsJohnson & Johnson’s Acclarent Aera Balloon Dilation SystemOn February 27, 2018, Johnson & Johnson’s subsidiary Acclarent announced FDA approval for the expanded indication for Acclarent Aera.
Company & Industry OverviewsAnalyzing Boston Scientific’s Business SegmentsBoston Scientific (BSX) operates in three business segments that cater to seven different product categories.
Company & Industry OverviewsAlign Technology to Execute on Key Strategic Priorities in 2018Align Technology (ALGN) has been growing at a fast pace while it executes its strategic priorities around the world.
Company & Industry OverviewsAlign Technology’s Invisalign: Average Selling Price and VolumesIncreases in Align Technology’s (ALGN) Invisalign volumes and ASP were the major factors driving the company’s sales growth.
Company & Industry OverviewsThe Geographic Segments of Integer Holdings CorporationInteger Holdings Corporation provides custom battery packs to energy, military, and environmental markets for use in extreme environments.
Company & Industry OverviewsEdwards Lifesciences’ Strong Product Portfolio Bodes WellEdwards Lifesciences’ (EW) products can be categorized into three therapeutic areas: transcatheter heart valve, surgical heart valve, and critical care.
Company & Industry OverviewsHow Has Universal Health Services Fared Compared to Peers?Between November 22 and February 21, Universal Health Services stock has risen 19% to reach $117.
Earnings ReportWhat Drove Medtronic’s Cardiac and Vascular Group in 3Q18Cardiac and Vascular Group in fiscal 4Q17 Medtronic (MDT) reported total sales of ~$7.4 billion in fiscal 3Q18. Of that total, ~38% (~$2.8 billion) was contributed by Medtronic’s CVG (Cardiac and Vascular Group). CVG sales grew ~10% YoY (year-over-year) and ~7% on a constant-currency basis. US CVG sales grew ~6% YoY, while developed nation CVG sales […]
ConsumerHow the Drug Store Industry Is ChangingThe top three drugstore chains in the US are in the process of forming new associations through mergers and acquisitions to create a more diversified portfolio and protect themselves from the growing online threat.
Company & Industry OverviewsA Look at Vanda Pharmaceuticals’ Product PortfolioVanda Pharmaceuticals’ (VNDA) Hetlioz was approved by the FDA in January 2014 for the treatment of Non-24-Hour Sleep Wake Disorder.
Company & Industry OverviewsA Look at Regeneron Pharmaceuticals’ Product PipelineRegeneron Pharmaceuticals (REGN) currently has 15 products in clinical development.
Company & Industry OverviewsRegeneron Pharmaceuticals’ Kevzara, Arcalyst, and ZaltrapIn January 2017, Regeneron Pharmaceuticals’ (REGN) Kevzara was approved in Canada for the treatment of patients with active rheumatoid arthritis.
Company & Industry OverviewsAbbott Laboratories’ LibreLink App in EuropeAbbott Laboratories (ABT) announced that it launched its Freestyle Librelink App in Europe.
Company & Industry OverviewsA Look at NxStage Medical’s Financial PerformanceNxStage Medical (NXTM) generated revenue of $393.9 million in 2017 compared to $366.3 million in 2016.
Earnings ReportGlaxoSmithKline’s Valuations after Its 4Q17 EarningsOn February 15, 2018, GlaxoSmithKline traded at a forward PE multiple of 12.9x, which is lower than the industry average of 13.3x.
Company & Industry OverviewsPromacta and Jakavi May Boost Novartis’s Oncology Segment RevenuesJakavi reported sales of $228.0 million in 4Q17, which is a year-over-year rise of 33.0% on a constant currency basis.
Company & Industry OverviewsKymriah May Emerge as a Robust Treatment Option in DLBCL IndicationKymriah is the first FDA-approved chimeric antigen receptor T cell (or CAR-T) therapy.
Company & Industry OverviewsNovartis’ Kymriah: The First Gene Therapy to Be Approved in the USThe National Cancer Institute estimates that the incidence of ALL in patients aged 20 or younger is ~3,100 in the US.
Company & Industry OverviewsHow Cosentyx Resolves Enthesitis in Psoriatic Arthritis PatientsOnly 525,000 patients (or 55% of the diagnosed psoriatic arthritis patients) were eligible for treatment with biologics.
Company & Industry OverviewsNovartis’s Cosentyx May Emerge as a Leading Psoriasis DrugAccording to Novartis’s estimates for the US biologics market in 2016, there were ~8.4 million patients with moderate to severe psoriasis in the US.
Company & Industry OverviewsInside Pfizer’s Rare Disease Segment Performance in 2017In 4Q17, Pfizer’s BeneFix reported revenues of $150 million, which represents a ~11% decline YoY and a ~1% decline quarter-over-quarter.
Company & Industry OverviewsHow Pfizer’s Peri-LOE Products Performed in 2017Pfizer’s (PFE) Peri-LOE products refer to those products that lost patient protection recently or are expected to lose patient protection soon.
Company & Industry OverviewsInside Pfizer’s Vaccines Performance in 4Q17 and 2017In 4Q17, Pfizer (PFE) generated revenues of $1.6 billion from the sale of vaccines, which reflected a ~8% rise on a YoY (year-over-year) basis.
Company & Industry OverviewsPfizer’s Bosulif Had a Strong Performance in 4Q17 and 2017In 4Q17, Pfizer’s (PFE) Bosulif generated revenues of $70 million, which reflected ~52% growth on a YoY (year-over-year) basis.
Company & Industry OverviewsAmgen’s Neulasta and Enbrel in 4Q17 and 2017In 4Q17, Amgen’s (AMGN) Neulasta generated revenues of $1.1 billion, which reflected a 1% decline on a quarter-over-quarter basis.
Company & Industry OverviewsA Deeper Look at Valeant Pharmaceuticals’ Recent Financial PerformanceIn 3Q16, Valeant Pharmaceuticals (VRX) generated revenues of $2.4 billion, compared with $2.2 billion in 3Q17.