| By PR Newswire | Article Rating: |
|
| January 14, 2013 08:01 AM EST | Reads: |
125 |
NEW YORK, January 14, 2013 /PRNewswire/ --
The biotechnology industry is a high-risk, high-reward scenario. It is an unstable and unpredictable sector, primarily due to the scientifically intensive nature of the operation of biotech companies. Developing new types of drugs is promising, and to minimize risk, partnerships must be established in order to increase funds and revenues.
Learning to survive in one of the most volatile industries in the market today, VIVUS, Inc. (NASDAQ: VVUS) [Full Research Report](1) and Peregrine Pharmaceuticals, Inc. (NASDAQ: PPHM) [Free Research Report](2) are learning to play the game. Although the industry is not without significant risk, for those who get it right, the rewards can be astounding. Revenues earned by the global biotechnology industry are continuously increasing and are likely to continue on this trend of growth.
The industry is expected to exceed $320 billion by 2015. Factors that also help boost this industry are increased access to health insurance, the continued introduction of expensive new drugs, as well as the fact that the population today is rapidly aging.
As biotech companies are delivering new levels of health and sustainability, increased research and development (R&D) funding is needed so that they can discover and develop more advanced drugs to fulfill the health needs of consumers. As most biotech firms are small and private companies, partnerships with major pharmaceuticals are crucial to be able to increase R&D investments.
VIVUS, Inc. reported its third quarter financial results, recognizing net product revenues of $41,000 from prescriptions shipped from certified pharmacies to patients. VIVUS reported a net loss of $40.4 million, or $0.40 per share, as compared to last year's loss of $8.6 million, or $0.10 per share. The increase in net loss is due to increased selling, general and administrative expenses related to pre-commercialization and commercialization activities for Qsymia.
Peregrine Pharmaceuticals, Inc. reported its second quarter of fiscal year 2013 financial results in which the total revenues were $6,139,000, compared to $4,232,000 of the second quarter of FY 2012. The increase was due to the contract manufacturing revenue generated by Peregrine Pharmaceuticals' bio manufacturing subsidiary, Acid Bioservices, which generated contract-manufacturing revenue of $6,061,000 for the second quarter of FY 2013, compared to FY 2012's $4,154,000. Contract manufacturing revenue is expected to be at least $18 million for FY 2013.
To further understand how the likelihood of drug approvals influences the manner in which companies leverage their future product pipelines, while at the same time establish cash-flowing relationships with larger brands, readers may explore our complete research reports below.
Reference Links:
(1) The Full Research Report on VIVUS, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.NationalTradersAssociation.org/r/entire_report/d5b8_VVUS]
(2) The Free Research Report on Peregrine Pharmaceuticals, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.NationalTradersAssociation.org/r/entire_report/f9ad_PPHM]
Consider National Traders Association
Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop -- long before they become the next top news on major financial networks.
Contact: Demi Lapierre
Email: press@NationalTradersAssociation.org
Main: +1(702)-212-4493
SOURCE National Traders Association
Published January 14, 2013 Reads 125
Copyright © 2013 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
- Cloud People: A Who's Who of Cloud Computing
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- Streamline Health® Engages KPMG as Its New Independent Registered Public Accountants
- Session Topics: 12th Cloud Expo / Cloud Expo New York
- Cloud Expo New York: Developing the World’s First IaaS Marketplace
- Cloud Expo New York: Aligning Your Cloud Security with the Business
- Commander of U.S. Cyber Command and National Security Agency Director, General Keith Alexander, To Keynote Day One of Black Hat USA 2013
- Five Big Data Features in SQL Server
- According to Nick Gholkar, Accounting Apps Make Conducting Business Easier
- NIST to Sponsor FFRDC Widespread Adoption of Integrated CyberSecurity
- Cloud Business Solutions, Social Media, and Platform Systems of Engagement Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019
- Lunch Keynote at Cloud Expo | Strategies for App Delivery in the Cloud Era
- Cloud People: A Who's Who of Cloud Computing
- Windows Azure IaaS Reaches General Availability
- AMD and Adobe Collaborate on Upcoming Version of Adobe Premiere Pro Software to Enable Breakthrough Video Editing Performance Through Open Standards
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- State and Local Governments Adopt Microsoft Dynamics CRM to Improve Citizen Service Delivery
- Cloud Expo New York: Deploying Hybrid Cloud for Performance and Uptime
- Predixion Software Announces General Availability of the Latest Version of its Predictive Analytics Platform
- Streamline Health® Engages KPMG as Its New Independent Registered Public Accountants
- Session Topics: 12th Cloud Expo / Cloud Expo New York
- Cloud Expo New York: Developing the World’s First IaaS Marketplace
- MEI Pharma Announces $15.2 Million Registered Offering Of Common Stock
- Cloud Computing Is Simplifying Things
- Google Maps and ASP.NET
- Converting VB6 to VB.NET, Part I
- How to Write High-Performance C# Code
- Where Are RIA Technologies Headed in 2008?
- Crystal Reports XI & How It Has Changed
- Creating Controls for.NET Compact Framework in Visual Studio 2005
- Programmatically Posting Data to ASP .NET Web Applications
- Implementing Tab Navigation with ASP.NET 2.0
- AJAX World RIA Conference & Expo Kicks Off in New York City
- i-Technology Viewpoint: "SOA Sucks"
- .NET Archives: Getting Reacquainted with the Father of C#
- i-Technology Photo Exclusive: Bill Gates & Steve Jobs In "Nerds"



















