Tag Archives: EMA

Emera Q1 Earnings Release and Conference Call

By Business Wirevia The Motley Fool

Filed under:

Emera Q1 Earnings Release and Conference Call

HALIFAX, Nova Scotia–(BUSINESS WIRE)– (EMA-TSX): Emera’s Q1 2013 earnings will be released on Tuesday, May 7, 2013. The company will be hosting a teleconference at 3:00 pm Atlantic time that day (2:00 pm Toronto/Montreal/New York; 1:00 pm Winnipeg; 11:00 am Vancouver) to discuss the Q1 2013 financial results.

Analysts and other interested parties wanting to participate in the call should dial 1-866-225-0198 (in Toronto 416-340-8061) at least 10 minutes prior to the start of the call. No pass code is required. The teleconference will be recorded. If you are unable to join the teleconference live, you can dial for playback, toll-free at 1-800-408-3053 (in Toronto 905-694-9451), access code 6247187 # (available until midnight, Tuesday, May 21, 2013). The teleconference will also be web cast live at emera.com and available for playback for one year.

About Emera

Emera Inc. is an energy and services company with $7.53 billion in assets and 2012 revenues of $2.1 billion. The company invests in electricity generation, transmission and distribution, as well as gas transmission and utility energy services. Emera’s strategy is focused on the transformation of the electricity industry to cleaner generation and the delivery of that clean energy to market. Emera has investments throughout northeastern North America, and in three Caribbean countries. More than 80% of the company’s earnings come from regulated investments. Emera common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A., and EMA.PR.C. Additional information can be accessed at emera.com, or on sedar.com.

Emera Inc.
Jill MacDonald, CA, (902) 428-6486
Manager, Investor Relations

KEYWORDS:   North America  Canada

INDUSTRY KEYWORDS:

The article Emera Q1 Earnings Release and Conference Call originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

(function(c,a){window.mixpanel=a;var b,d,h,e;b=c.createElement(“script”);
b.type=”text/javascript”;b.async=!0;b.src=(“https:”===c.location.protocol?”https:”:”http:”)+
…read more

Source: FULL ARTICLE at DailyFinance

Gains In This Biotech Could Soon Become Infectious to Investors

By Sean Williams, The Motley Fool

Filed under:

The biotech sector can occasionally throw a curveball at investors. For Trius Therapeutics shareholders, they were staring at a meaty fastball right down the heart of the plate yesterday morning.

Tedizolid mops the floor with its competition
Trius reported its late-stage results from its Establish 2 trial yesterday for Tedizolid — its acute bacterial skin and skin structure infection, or ABSSSI, drug, which is also designed to treat methicillin-resistant staphylococcus aureus, or MRSA. MRSA is a highly infectious bacterial infection often contracted in hospitals, but also relatively treatable if caught early.

The results from Establish 2 only further established Tedizolid as a superior treatment for ABSSSI. Just as we saw in early and mid-stage trials, Tedizolid requires less dosing frequency and packed a bigger efficacy punch than Pfizer‘s Zyvox, which has been the kingpin of ABSSSI treatments up until now.

According to Trius’ press release, Tedizolid met the primary endpoint of a greater than 20% decrease in lesion area size in a 48-hour to 72-hour period in 85.2% of instances compared with just 82.6% for Zyvox. Keep in mind, though, that the Tedizolid results were achieved after six days of treatment instead of the 10 days of treatment needed for Zyvox. Tedizolid met its secondary endpoints as well, including a sustained clinical response and an investigator assessment at the end of the therapy (usually seven to 14 days later). Even the adverse event profile of Tedizolid dipped compared to Zyvox, just 20.5% versus 24.8%. All evidence is now pointing to Trius filing for a new drug application in the U.S. and in Europe sometime in the second half of 2013.

Plenty of sales for Trius
An FDA approval of Tedizolid could have a number of implications. For one, it completely mopped the floor with Zyvox in trials, which could make Pfizer’s ABSSSI drug nearly obsolete, assuming it gains approval in both the U.S. and E.U. Considering that Zyvox brought in $349 million last year worldwide, Trius could quickly see sales soar beyond $200 million within the first year.

Second, it will make Forest Laboratories‘  IV-based ABSSSI therapy, Teflaro, practically useless for treating ABSSSI. It’s not like Forest Labs doesn’t have enough issues at the moment, but sales of Teflaro have been disappointing at best, even with the additional indication of treating community-acquired bacterial pneumonia. Totaling just $11.5 million in total sales in the third quarter reported in January, Forest Labs‘ drug is administered via IV twice a day for a period of five to 14 days. Give a patient the option of a six-day oral medication versus up to 14 days of IVs and see which one they pick!

Before Trius shareholders start doing the jig in the streets, they should be aware that FDA and EMA approvals are never a given, and that it’ll be sharing its revenue outside of the U.S., EU, and Canada with licensing partner Bayer . As you know, I’m more …read more
Source: FULL ARTICLE at DailyFinance

Whoa! These Stocks Outpaced the Dow

By Rich Duprey, The Motley Fool

Filed under:

The Dow Jones Industrial Average rose by 90 points on Friday — the exact amount it fell the day before — on hopes that a deal between the European Union and Cyprus would get hammered out that wouldn’t lead to a messy divorce. I don’t find much comfort in the agreement that did get worked out over the weekend, of taking the cash out of individual depositors’ accounts because now every country with a shaky financial system — and that seemingly includes most of Europe — will have to worry their funds could be subject to a seizure as well and they could start a run on the banks. I know I wouldn’t be leaving my money in one.

The three stocks below however were far removed from the scene of international intrigue rising on their own merits. Yet resist the urge to high-five everyone in the cubicles next to you. Smart investors won’t celebrate until they know why their stock surged, because without a fundamental basis for the bounce, these stocks could just as quickly make the return trip down.

Company

% Gain

Halozyme Therapeutics

30.9%

Micron Technology

10.7%

Nike

11.1%

Advise and consent
It’s not quite the same as the European medical regulators themselves giving Halozyme Therapeutics its stamp of approval, but their advisory board’s endorsement of HyQvia was enough to send the stock soaring. That’s no guarantee of full approval and it should be remembered that last year the FDA rejected the drug.

HyQvia — which was rebranded from its previous HyQ moniker — is a combination of Baxter‘s Gammagard and Halozyme’s rHuPH20, which allows the drug to be injected subcutaneously, and the FDA worried about possible effects it might create on reproduction, development and fertility. The agency went so far as to request patients no longer be dosed with rHuPH20 in the Baxter HyQ program until they’re given additional preclinical data sufficient to address their concerns. The FDA is also closely monitoring Halozyme’s collaboration with ViroPharma on Cinryze.

Halozyme’s rHuPH20 has a lot of potential, and despite the setbacks, it’s still attracting partners as evidence by the deal it signed with Pfizer in December. But like the relationship between the FDA and its advisory panels, there are no requirements the EMA follow the endorsement Halozyme and Baxter just received, and this could mean the stock could plunge once again.

All good things must end
Despite wider-than-anticipated losses in the quarter, sales at Micron Technology jumped 3% to $2.1 billion — well above the $1.9 billion Wall Street expected — and analysts now believe the memory chipmaker will be profitable by the end of 2013.

Because of lower production costs and higher memory chip shipments (partially offset by lower selling prices), Micron recorded much better than expected margins. Gross margins jumped to 17.6% in the quarter, up from 10.5% a year ago, while …read more
Source: FULL ARTICLE at DailyFinance

Why Halozyme Therapeutics Shares Skyrocketed

By Sean Williams, The Motley Fool

Filed under:

Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis.

What: Shares of biopharmaceutical company Halozyme Therapeutics , which engages in human enzyme research, soared as much as 20% after announcing a positive opinion from a European panel over its primary and secondary immunodeficiency drug, HyQvia.

So what: HyQvia, which was developed by Halozyme and Baxter International , received a positive opinion from the European Medicine Agency’s Committee for Medicinal Products for Human Use (essentially the equivalent of the FDA panel for Europe) as a replacement therapy for adults with primary of secondary immunodeficiencies. HyQvia works as a subcutaneous injection that’s given every three to four weeks and could help lower the number of adverse events often associated with more frequent intravenous injections. In trials, HqQvia resulted in an acute serious bacterial infection rate of just 0.025, which is well below the required efficacy threshold of 1.0.

Now what: Just like with the FDA at home, the EMA is not required to follow the opinion of its panel. However, I feel this is a pretty resounding endorsement given its success in clinical trials and the comfort improvement that it could bring patients in terms of a subcutaneous injection compared to intravenous injection. We may have already seen most of the pop should HyQvia be approved in Europe, but with Baxter on its side, I could see HyQvia selling well. This will definitely be a name worth keeping an eye on.

Craving more input? Start by adding Halozyme Therapeutics to your free and personalized watchlist so you can keep up on the latest news with the company.

While you can certainly make huge gains in biotechs like Halozyme, the best investing approach is to choose great companies and stick with them for the long term. The Motley Fool’s free report “3 Stocks That Will Help You Retire Rich” names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.

The article Why Halozyme Therapeutics Shares Skyrocketed originally appeared on Fool.com.

Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.
Try any of our Foolish newsletter services free for 30 days. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. …read more
Source: FULL ARTICLE at DailyFinance

Roche Wins Expanded European Approval for Pegasys

By Dan Carroll, The Motley Fool

Filed under:

The European Medicines Agency, or EMA, has awarded Big Pharma Roche expanded approval for its antiviral Pegasys, alongside ribavirin, in treating chronic hepatitis C virus, or HCV. The EMA‘s expanded approval will now allow Roche to treat HCV-positive children aged 5 and older with the drug who have not yet begun treatment, according to a statement from the company.

Roche first won European approval for Pegasys in treating adults with chronic HCV more than a decade ago; regulators in China and the U.S. have approved it as well. Around 65,000 European children suffer from chronic HCV; while Roche states that many sufferers of the disease show few if any symptoms, it is progressive and can afflict patients with life-threatening ailments such as liver damage.

Dr. Hal Barron, Roche’s chief medical officer and global product development Head  talked about the new indication’s benefit for children with the disease, saying in the release: “Hepatitis C can ultimately lead to the development of advanced liver disease if left untreated. This approval provides doctors and parents of children as young as five with a treatment combination for this infection.”

The article Roche Wins Expanded European Approval for Pegasys originally appeared on Fool.com.

Fool contributor Dan Carroll and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

(function(c,a){window.mixpanel=a;var b,d,h,e;b=c.createElement(“script”);
b.type=”text/javascript”;b.async=!0;b.src=(“https:”===c.location.protocol?”https:”:”http:”)+
‘//cdn.mxpnl.com/libs/mixpanel-2.2.min.js’;d=c.getElementsByTagName(“script”)[0];
d.parentNode.insertBefore(b,d);a._i=[];a.init=function(b,c,f){function d(a,b){
var c=b.split(“.”);2==c.length&&(a=a[c[0]],b=c[1]);a[b]=function(){a.push([b].concat(
Array.prototype.slice.call(arguments,0)))}}var g=a;”undefined”!==typeof f?g=a[f]=[]:
f=”mixpanel”;g.people=g.people||[];h=[‘disable’,’track’,’track_pageview’,’track_links’,
‘track_forms’,’register’,’register_once’,’unregister’,’identify’,’alias’,’name_tag’,
‘set_config’,’people.set’,’people.increment’];for(e=0;e<h.length;e++)d(g,h[e]);
a._i.push([b,c,f])};a.__SV=1.2;})(document,window.mixpanel||[]);
mixpanel.init("9659875b92ba8fa639ba476aedbb73b9");

function addEvent(obj, evType, fn, useCapture){
if (obj.addEventListener){
obj.addEventListener(evType, fn, useCapture);
return true;
} else if (obj.attachEvent){
var r = obj.attachEvent("on"+evType, fn);
return r;
}
}

addEvent(window, "load", function(){new FoolVisualSciences();})
addEvent(window, "load", function(){new PickAd();})

var themeName = 'dailyfinance.com';
var _gaq = _gaq || [];
_gaq.push(['_setAccount', 'UA-24928199-1']);
_gaq.push(['_trackPageview']);

(function () {

var ga = document.createElement('script');
ga.type = 'text/javascript';
ga.async = true;
ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js';

var s = document.getElementsByTagName('script')[0];
…read more
Source: FULL ARTICLE at DailyFinance