NEW YORK, NY--(Marketwire -08\/27\/12)- Biotechnology stocks continue to be some of the strongest performers in the markets as favorable legislation, such as the FAST and TREAT acts, have helped boost investor optimism within the industry. The iShares Nasdaq Biotechnology Index Fund (IBB) is up over 30 percent in 2012 -- handedly outperforming the Dow Jones industrial average year-to-date. Five Star Equities examines the outlook for companies in the Biotech Industry and provides equity research on Complete Genomics, Inc. (GNOM) and Savient Pharmaceuticals, Inc. (SVNT). <\/p>\n
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http:\/\/www.FiveStarEquities.com\/GNOM<\/a> <\/p>\n http:\/\/www.FiveStarEquities.com\/SVNT<\/a> <\/p>\n The FAST and TREAT acts introduced in 2012 have helped accelerate the development, review and approval process of medicines\/personalized therapies for patients suffering from serious and life-threatening diseases. According to recent data from Thomas Reuters, biotech mergers & acquisitions activity is currently at a four-year high as large pharmaceuticals are facing major patent cliffs. So far in 2012 the volume of biotech M&A has exceeded $25 billion, compared to roughly 10 billion in the same period of 2011. <\/p>\n \"Their patents have expired, and as a result they have holes in their revenue line they are trying to fill,\" said Scott Lindsay, global head of mergers and acquisitions at Credit Suisse. \"The other part is just shoring up the pipeline they have. So even if they don't have a major patent problem, they're all looking for growth.\" <\/p>\n Five Star Equities releases regular market updates on the Biotech 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 http:\/\/www.FiveStarEquities.com<\/a> and get exclusive access to our numerous stock reports and industry newsletters. <\/p>\n As the world's first company dedicated to large-scale whole human genome sequencing and bioinformatics analysis provided as a service, Complete Genomics frees researchers from purchasing and operating sequencing instruments and computing infrastructures so they can focus on making biological discoveries. For the second quarter of 2012 the company reported revenue of $8.7 million, compared to $5.9 million in the second quarter of 2011. <\/p>\n Savient Pharmaceuticals is a specialty biopharmaceutical company focused on developing and commercializing KRYSTEXXA (pegloticase) for the treatment of chronic gout in adult patients refractory to conventional therapy. The company recently reported net sales for KRYSTEXXA were $4.0 million for the second quarter of 2012, a 30% increase over the first quarter of 2012. <\/p>\n 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: http:\/\/www.FiveStarEquities.com\/disclaimer<\/a> <\/p>\n<\/p>\n Go here to see the original: NEW YORK, NY--(Marketwire -08\/27\/12)- Biotechnology stocks continue to be some of the strongest performers in the markets as favorable legislation, such as the FAST and TREAT acts, have helped boost investor optimism within the industry. The iShares Nasdaq Biotechnology Index Fund (IBB) is up over 30 percent in 2012 -- handedly outperforming the Dow Jones industrial average year-to-date. Continue reading
\nBiotech Industry Merger and Acquisition Activity at a Four-Year High<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"