Health and Fitness Health and Fitness
Wed, September 26, 2012
[ Wed, Sep 26th 2012 ] - Market Wire
VimpelCom Twentieth Anniversary
[ Wed, Sep 26th 2012 ] - Market Wire
45 ET Today

Pfizer and GlaxoSmithKline Rise After Moody's Upgrades Pharmaceutical Industry Outlook to "Stable"


Published on 2012-09-26 05:30:59 - Market Wire
  Print publication without navigation


September 26, 2012 08:20 ET

Pfizer and GlaxoSmithKline Rise After Moody's Upgrades Pharmaceutical Industry Outlook to "Stable"

Five Star Equities Provides Stock Research on Pfizer and GlaxoSmithKline

NEW YORK, NY--(Marketwire - Sep 26, 2012) - The Pharmaceutical Industry has faced significant headwinds in 2012 as patent cliffs and the emergence of generic drug makers have threatened billions in revenue for top selling drugs. Pharmaceutical stocks received a boost Monday after Moody's Investors Service upgraded their outlook for to "stable" for the industry. Five Star Equities examines the outlook for companies in the Pharmaceuticals Industry and provides equity research on Pfizer Inc. (NYSE: [ PFE ]) and GlaxoSmithKline plc (NYSE: [ GSK ]).

Access to the full company reports can be found at:

[ www.FiveStarEquities.com/PFE ]

[ www.FiveStarEquities.com/GSK ]

The global pharmaceutical industry was given a "negative" outlook in 2007. Moody's predicts major pharmaceuticals earnings to bounce back next year, as losses from patent expiration aren't expected to be as severe as those in the past year. Lipitor and Plavix, two of the best selling drugs of all time, are among those who have lost patent protection in the last year.

"The stable outlook reflects our view that the worst of the industry's blockbuster patent expirations has passed," said Michael Levesque, a Moody's Senior Vice President. "Although industry earnings will still be affected by very recent patent expirations, earnings for large, branded players will reach a trough point in late 2012 and rebound in 2013."

Five Star Equities releases regular market updates on the Pharmaceuticals Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at [ www.FiveStarEquities.com ] and get exclusive access to our numerous stock reports and industry newsletters.

Bristol-Myers Squibb and Pfizer recently reported that European regulators have recommended approval for ELIQUIS, an anti-clotting drug, for the prevention of stroke and systemic embolism in adult patients with nonvalvular atrial fibrillation (NVAF) and one or more risk factors for stroke. ELIQUIS is also being investigated in Phase 3 trials for the treatment of venous thromboembolic events.

GlaxoSmithKline is one of the world's leading research-based pharmaceutical and healthcare companies. The company earlier this month acquired five million shares of Response Genetics Inc. at a cost of US$1.10 per share in cash. GlaxoSmithKline also recently completed their acquisition of Human Genome Sciences for approximately $3 billion net of cash and debt.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:

[ www.FiveStarEquities.com/disclaimer ]