Research Reports Initiation on Drug Makers Stocks -- Depomed, Pernix Therapeutics, Orexigen Therapeutics, and United Therapeutics

NEW YORK, April 25, 2017 /PRNewswire/ --

Today's research on Stock-Callers.com is focused on the Drug Manufacturers space, which is engaged in the development of prescription and over-the-counter products that are used to prevent or treat illnesses in humans or animals. Four equities have been lined up for review this morning, and they are: Depomed Inc. (NASDAQ: DEPO), Pernix Therapeutics Holdings Inc. (NASDAQ: PTX), Orexigen Therapeutics Inc. (NASDAQ: OREX), and United Therapeutics Corp. (NASDAQ: UTHR). Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

Depomed  

On Monday, shares in Newark, California headquartered Depomed Inc. recorded a trading volume of 1.14 million shares, and ended the session 1.76% higher at $11.57. The stock is trading 21.65% below its 50-day moving average. Shares of the Company, which engages in the development, sale, and licensing of products for pain and other central nervous system conditions in the US, have a Relative Strength Index (RSI) of 30.53.

On March 29^th, 2017, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with a decrease of the target price from $22 a share to $19 a share.

On April 04, 2017, Depomed announced that, in accordance with its stated plans and the terms of the secured debt facility with Deerfield and Pharmakon Advisors, L.P., the former prepaid $100 million of principal amount of its $475 million secured indebtedness. In addition, Depomed paid a prepayment fee of $4 million. Under the terms of the seven-year loan agreement, which matures in 2022, Depomed intends to refinance the remainder of the $375 million secured indebtedness in 2017. The free research report on DEPO is available at:

http://stock-callers.com/registration/?symbol=DEPO

Pernix Therapeutics  

Morristown, New Jersey headquartered Pernix Therapeutics Holdings Inc.'s stock closed the day 4.58% higher at $3.88. A total volume of 701,621 shares was traded, which was above their three months average volume of 700,350 shares. The Company's shares have surged 45.86% in the previous three months and 100.00% since the start of this year. The stock is trading 12.30% and 67.31% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Pernix Therapeutics, which develops, manufactures, markets, and sells pharmaceutical products, have an RSI of 58.23.

On March 28^th, 2017, Pernix Therapeutics announced financial results for the three and twelve months ended December 31^st, 2016. For Q4 2016, GAAP net revenues were $30.1 million, net loss was $86.1 million, and adjusted EBITDA was $12.5 million. For the year ended December 31^st, 2016, net revenues were $140.8 million, net loss was $169.6 million, and adjusted EBITDA was $15.0 million. The complimentary report on PTX can be downloaded at:

http://stock-callers.com/registration/?symbol=PTX

Orexigen Therapeutics  

Shares in La Jolla, California headquartered Orexigen Therapeutics Inc. recorded a trading volume of 250,087 shares. The stock ended yesterday's trading session 3.11% higher at $2.98. The Company's shares have advanced 71.26% on an YTD basis. The stock is trading below its 200-day moving average by 9.60%. Furthermore, shares of Orexigen Therapeutics, which focuses on the development of pharmaceutical products, have an RSI of 44.02.

On March 27^th, 2017, Orexigen Therapeutics announced that its wholly-owned subsidiary, Orexigen Therapeutics Ireland Ltd., and Bruno Farmaceutici S.p.A. (Bruno) have executed a distributorship agreement for Mysimba® (naltrexone HCl / bupropion HCl prolonged release) in Italy. Under the terms of the agreement, Bruno will be responsible for all commercialization activity and expenses. Orexigen will supply Mysimba to Bruno for a negotiated transfer price and upfront milestone payments at signing and first commercial sale. Visit us today and download our complete research report on OREX for free at:

http://stock-callers.com/registration/?symbol=OREX

United Therapeutics  

Silver Spring, Maryland headquartered United Therapeutics Corp.'s stock finished Monday's session 1.43% higher at $122.71. A total volume of 803,425 shares was traded, which was above their three months average volume of 612,660 shares. The Company's shares are trading below their 200-day moving average by 7.42%. Additionally, shares of United Therapeutics, which develops and commercializes products to address the unmet medical needs of patients with chronic and life-threatening diseases worldwide, have an RSI of 32.32.

On March 30^th, 2017, research firm UBS initiated a 'Sell' rating on the Company's stock, with a target price of $112 per share.

On April 19^th, 2017, United Therapeutics announced that it will report its Q1 2017 financial results before the market opens on Wednesday, April 26^th, 2017. The Company will also host a teleconference on the same day at 9:00 a.m. ET. This teleconference is being webcast and can be accessed via the Company's website. Get free access to your technical report on UTHR at:

http://stock-callers.com/registration/?symbol=UTHR

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