Saturday, February 22, 2014

Pharmacyclics (PCYC) reported earnings on 21 February 2014

Beat quarterly EPS by $0.09 ($0.95 vs $0.86 estimate), revs rose 113.1% yoy to $123.6 mln vs $99.91 mln estimate; target raised to $191 from $163 at JMP Securities following earnings


Pharmacyclics, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of small-molecule drugs for the treatment of cancer and immune mediated diseases. Its principal products candidates in clinical development include ibrutinib, which is under multiple Phase III studies in hematologic malignancies; a BTK inhibitor lead optimization program targeting anti-inflammatory and autoimmune indications; PCI-27483, an inhibitor of Factor VIIa that is in phase II clinical trial for the treatment of pancreatic cancer; and a HDAC inhibitor abexinostat, which is in Phase I and II clinical trials for the treatment of solid tumors and hematological malignancies. The company's clinical development and product candidates are small-molecule enzyme inhibitors designed to target key biochemical pathways involved in human diseases with critical unmet needs. It has a collaboration and license agreement with Janssen Biotech, Inc. to develop and commercialize ibrutinib and other structurally related compounds; collaboration and license agreement with Les Laboratoires Servier to develop and commercialize abexinostat; and license agreement with Novo Nordisk A/S to research and develop PCI-27483. Pharmacyclics, Inc. was founded in 1991 and is headquartered in Sunnyvale, California.

Address

999 East Arques Avenue
SUNNYVALE, CA 94085-4521
United States 

Key stats and ratios

Q3 (Sep '13)2012
Net profit margin53.53%-
Operating margin67.55%-
EBITD margin--
Return on average assets27.86%-
Return on average equity34.30%-
Employees224

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