ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

MKGAF Merck KGAA (PK)

145.43
0.00 (0.00%)
09 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Merck KGAA (PK) USOTC:MKGAF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 145.43 145.43 145.43 0.00 00:00:00

CPIX Reports Encouraging Data - Analyst Blog

20/09/2012 5:05pm

Zacks


Cumberland Pharmaceuticals Inc. (CPIX) recently announced encouraging top-line results from a phase IV study on Caldolor (the intravenous formulation of ibuprofen) for the treatment of pain in tonsillectomy patients aged between 6 and 16 years. The study evaluated the safety and efficacy of Caldolor.

It was found that use of Caldolor leads to a statistically significant lower number of narcotic doses in post-operative patients. Caldolor also exhibited efficacy in reducing pain, nausea and vomiting.

The company is also evaluating Caldolor for use in children suffering from fever and plans to seek approval for a pediatric indication for Caldolor.

We remind investors that Caldolor is approved by the US Food and Drug Administration (FDA) had approved Caldolor for the management of mild to moderate pain, in combination with opioid analgesics for moderate to severe pain and for the reduction of fever in adults.

However, Caldolor carries a boxed warning regarding an increase in the risk of serious cardiovascular and gastrointestinal side effects. It is contraindicated for the treatment of peri-operative pain in patients undergoing coronary artery bypass graft (CABG) surgery.

The other marketed products at Cumberland Pharma are Acetadote (acetylcysteine) for acetaminophen poisoning and Kristalose, a prescription laxative.

In February 2012, the company entered into an agreement with China’s Harbin Gloria Pharmaceuticals Co., Ltd. for the commercialization of Acetadote and Caldolor in China.

We note that several pharma companies have been working on expanding their business in China. Some deals include Pfizer’s (PFE) joint venture with Zhejiang Hisun Pharmaceuticals for the development, manufacture and commercialization of off-patent products in China and across the world, AstraZeneca’s (AZN) joint venture with WuXi (WX) for the development and commercialization of MEDI5117 in China, Merck KGaA’s (MKGAF) acquisition of Beijing Skywing Technology Co., Ltd. and Novartis’ (NVS) acquisition of a majority stake in Chinese vaccines company Zhejiang Tianyuan Bio-Pharmaceutical Co., Ltd.

Our Recommendation

We currently have an Outperform recommendation on Cumberland Pharma. The stock carries a Zacks #2 Rank (Buy rating) in the short run.

 


 
ASTRAZENECA PLC (AZN): Free Stock Analysis Report
 
CUMBERLAND PHAR (CPIX): Free Stock Analysis Report
 
(MKGAF): ETF Research Reports
 
NOVARTIS AG-ADR (NVS): Free Stock Analysis Report
 
PFIZER INC (PFE): Free Stock Analysis Report
 
WUXI PHARMATECH (WX): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

1 Year Merck KGAA (PK) Chart

1 Year Merck KGAA (PK) Chart

1 Month Merck KGAA (PK) Chart

1 Month Merck KGAA (PK) Chart

Your Recent History