Tuesday, March 15, 2011

Novartis Has Largest Japan Exposure Among Big Pharma - Stocks To Watch Today - Barrons.com

Novartis Has Largest Japan Exposure Among Big Pharma - Stocks To Watch Today - Barrons.com

Big U.S. and European pharmaceutical companies face some short-term economic disruption from the earthquake disaster. But Leerink Swann analyst Seamus Fernandez assures that it should “be muted relative to other industries.”

On average the eight Big Pharma names Fernandez covers — Pfizer (PFE), Merck & Co. (MRK), Eli Lilly & Co. (LLY), Bristol-Myers Squibb (BMY), AstraZeneca(AZN), GlaxoSmithKline (GSK), Novartis (NVS) and Sanofi Aventis (SNY) – get 7% to 8% of their sales and 9% to 10% of their earnings per share from Japan. Bristol-Myers Squibb is the least exposed, with 3% of sales coming from Japan, while Novartis has the most exposure. The Swiss drug maker gets 10.9% of it’s pharmaceutical sales and 8% of its total revenue from Japan. GlaxoSmithKline, meanwhile, has the most bottom-line exposure, according to Fernandez. The exact figures are available in a research note he published today.

    Tuesday, March 1, 2011

    M&A and the Pharma Industry.

    Interesting treatise on Big Pharma M&A - Please read this insightful article , we will comment further on this at a later date.

    EU Approval for Xiapex - Yahoo! Finance

    EU Approval for Xiapex - Yahoo! Finance: "Pfizer(NYSE: PFE - News) and Auxilium Pharmaceuticals, Inc. (NasdaqGS: AUXL - News) recently announced that the European Commission has granted marketing authorization to Xiapex for the treatment of Dupuytren's contracture in adult patients with a palpable cord.

    Dupuytren’s contracture is a condition that affects the connective tissue in the palm known as palmar fascia. Auxilium Pharma estimates that approximately 13% of the European population is affected by Dupuytren’s contracture."

    King Pharmaceuticals, Inc. Announces Final Results of Its Offer to Purchase Convertible Notes - Yahoo! Finance

    King Pharmaceuticals, Inc. Announces Final Results of Its Offer to Purchase Convertible Notes - Yahoo! Finance

    Bayer Reports Unexpected Fourth-Quarter Loss on Schering Brand Writedown - Bloomberg

    Bayer Reports Unexpected Fourth-Quarter Loss on Schering Brand Writedown - Bloomberg

    The drugs and chemicals conglomerate is still happy with its three divisions selling medicines, plastics and crop chemicals, Chief Executive Officer Marijn Dekkers said in a press conference today.

    Divesting a unit to raise cash for an acquisition would be an “extreme option,” Dekkers said.

    “Looking is a big word,” the executive said in answer to a question about whether Bayer is seeking a deal big enough to require the sale of a unit. “You don’t have to look far, because there are only 20 companies that qualify as a big acquisition. We are at the moment happy with the three subgroups we have.”

    Bayer estimates the market for new blood thinners including Xarelto may exceed 10 billion euros annually. The pill’s sales may peak at more than 2 billion euros, Dekkers said.

    Bayer has said it expects U.S. regulators to decide this year whether Xarelto may be used in irregular heartbeat patients. Patients with an irregular heartbeat, or atrial fibrillation, make up the biggest market for the new blood thinners, according to Bayer. The company filed for approval to sell the drug for the same patient group in Europe in January.

    Is Eli Lilly a Stock for the Long Term? (LLY, MRK, NVS, PFE)

    Is Eli Lilly a Stock for the Long Term? (LLY, MRK, NVS, PFE)
    A great look at a Big Pharma leader.

    Company

    Current P/E

    Dividend Yield

    5-Year Net Income CAGR

    1-Year Beta

    Eli Lilly7.65.7%20.7%0.5
    Pfizer (NYSE: PFE)18.94.2%0.4%0.6
    Merck (NYSE:MRK)119.74.6%(28.6%)0.5
    Novartis (NYSE:NVS)13.64.2%9.82%0.3