Celsion and Exelixis Showing Strong Gains as Biotech Industry Continues to Thrive
July 12 2012 - 8:20AM
Marketwired
Despite the recent economic slowdown, the Biotech Industry has been
home to some of the strongest performers in the market in 2012. The
SPDR S&P Biotech ETF (XBI) and the First Trust NYSE Arca
Biotech Index ETF (FBT) year-to-date are up 35 percent and 33
percent, respectively. As the world continues to face evolving
health challenges the discoveries of new therapeutics and vaccines
are critical. Five Star Equities examines the outlook for companies
in the Biotech Industry and provides equity research on Celsion
Corp. (NASDAQ: CLSN) and Exelixis, Inc. (NASDAQ: EXEL).
Access to the full company reports can be found at:
www.FiveStarEquities.com/CLSN www.FiveStarEquities.com/EXEL
Expiring patents have been a major dilemma for pharmaceutical
companies. New products that are being introduced are not expected
to generate the same level of revenues of the products that have
lost patent protection. The Obama administration is currently
analyzing a proposal in which the exclusivity period for biologics
would be cut down by 5 years. Mergers & Acquisitions activity
is expected to pick up in 2012 as companies scramble to look to
make up for lost revenues. M&A allow companies to acquire
products that are already proven in the market place without the
hassle and costs associated with research and development.
"Many of the pharmaceutical companies started producing
everything in-house out of their own R&D organizations and over
time they've failed to produce enough that way. So the industry is
now coalescing around a 50-50 model of half on your own and half
bought in. There are some things we'll do for ourselves but we need
to be constantly on the lookout for new technologies," said Angus
Russell, Chief Executive of Shire PLC.
Five Star Equities releases regular market updates on companies
in the Biotech Industry so investors can stay ahead of the crowd
and make the best investment decisions to maximize their returns.
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Celsion is a clinical stage biopharmaceutical company singularly
focused on developing its unique heat activated liposomal
technology to create more efficacious versions of marketed cancer
therapeutics that have the additional benefit of an improved safety
profile. Shares of the company have nearly doubled so far this
year.
Exelixis is a biotechnology company committed to developing
small molecule therapies for the treatment of cancer. Exelixis is
focusing its proprietary resources and development efforts
exclusively on cabozantinib (XL184), its most advanced product
candidate. Shares of the company are up nearly 23 percent
year-to-date.
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