The War On Diabetes Heats Up (NVO, AMLN, LLY, MNKD, PFE, VVUS, BMY, AZN, ARNA, GERN, STEM, OREX, GNBT, SPEX, ORMP, HDIX, PODD)

247wallst — Mon, 10 Aug 2009 14:56:19 +0000

Diabetes is becoming an epidemic in the U.S. and the Western World. The ties to obesity are often direct, so the potential treatments are often directly tied as well. We did a recent dig down for the next $170 billion opportunity for eight different major diseases and conditions, and now we have conducted a much deeper dig down specifically in the field of diabetes over at BioHealthInvestor.com. We have recent and upcoming FDA action and data being presented from Novo Nordisk (NYSE: NVO), MannKind Corp. (NASDAQ: MNKD), Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN), Eli Lilly (NYSE: LLY), Alkermes Inc. (NASDAQ: ALKS), Bristol-Myers Squibb (NYSE: BMY) and AstraZeneca (NYSE: AZN). There is a mini-race going on between some of the later stage studies from obesity and diabetes candidates from Arena Pharmaceuticals, Inc. (NASDAQ: ARNA), VIVUS, inc. (NASDAQ: VVUS), Orexigen Therapeutics, Inc. (NASDAQ: OREX) and Amylin Pharmaceuticals Inc. (NASDAQ: AMLN). Geron Corporation (NASDAQ: GERN) and StemCells Inc. (NASDAQ: STEM) were noted as two of the stem cell hopes, although stem cells may later rather than sooner.

Generex Biotechnology Corporation (NASDAQ: GNBT), Spherix Incorporated (NASDAQ: SPEX) and Oramed Pharmaceuticals Inc. (OTCBB: ORMP) were all noted in the much smaller or emerging plays. Home Diagnostics, Inc. (NASDAQ:HDIX) and Insulet Corporation (NASDAQ: PODD) have both recently had key events as the interest in test equipment companies continues to remain high.

FULL STORY with much more detail at BioHealthInvestor.com.

Posted in Biotech, Drug companies, FDA, Healthcare, Medical Tagged: AMLN, ARNA, AZN, BMY, GERN, GNBT, HDIX, LLY, MNKD, NVO, OREX, ORMP, PFE, PODD, SPEX, STEM, VVUS

24/7 Wall St. Most Overpaid CEO Of The Day: Insulet Corp (PODD) CEO Duane DeSisto

247wallst — Wed, 13 Aug 2008 06:32:04 +0000

Insulet (PODD) reported earnings well below Wall St. expectations and revised its forecast for the rest of the year down. The stock is set to open off today.

According to the AP, "Insulet Corp. lowered its 2008 revenue outlook Tuesday to a range mostly below Wall Street’s expectations, citing slower-than-expected conversion of referrals to patient shipments."

Insulet is run by Duane DeSisto. The company’s proxy says he made just over $323,000 last year.

Insulet stock is down from a 52-week high of $27.85 to $14.91. It could test its 52-week low of $12.35 today.

Nice work, if you can find it.

Douglas A. McIntyre

24/7 Wall St. » PODD

The War On Diabetes Heats Up (NVO, AMLN, LLY, MNKD, PFE, VVUS, BMY, AZN, ARNA, GERN, STEM, OREX, GNBT, SPEX, ORMP, HDIX, PODD)

24/7 Wall St. Most Overpaid CEO Of The Day: Insulet Corp (PODD) CEO Duane DeSisto