dreamcatcher
- 25 Sep 2012 06:58
Dealings in Clinigen shares are expected to commence on AIM at 8.00am on Tuesday 25 September 2012, under the ticker symbol CLIN
Clinigen is a rapidly-growing specialty pharmaceutical and services company, with one clear aim: to deliver the right drug to the right patient at the right time.
To achieve our aim, we have built a group of complementary businesses which can operate efficiently in a complex global regulatory environment and which can ensure that precious medicines are delivered securely and effectively, wherever they are needed. Through three businesses, Clinigen SP, Clinigen GAP, and Clinigen CTS, we acquire, license and revitalise niche, hospital-only critical care medicines, and source and supply our own and other pharmaceutical companies’ products, whether to meet unmet medical needs or for use in clinical trials.
Clinigen Clinical Trials Supply (CTS):
We use our global expertise, systems and relationships to source and manage the supply of commercial medicines to pharmaceutical companies for use exclusively in clinical trials. This requires excellent knowledge of the global pharmaceutical market, the regulatory processes and customs authorities of countries all over the world, along with a high tech supply chain with guaranteed quality and safety standards that can deliver swiftly.
Clinigen Global Access Programs (GAP):
On behalf of pharmaceutical and biotech companies, we manage essential programs that provide access to critical medicines for physicians and their patients all over the world. But what is a Global Access Program? Known by many terms from ‘expanded access’ and ‘named patient’ to ‘compassionate use’ and ‘early access’, a global access program enables physicians to access treatments that are not available in their own country for patients with an unmet medical need. Wherever they are, we can deliver treatments quickly, efficiently and, most importantly, ethically.
Clinigen Specialty Pharmaceuticals (SP):
We acquire niche medicines that don’t fit into the portfolio of larger pharmaceutical companies. These are typically hospital-only treatments for rare or life-threatening diseases, and we specialise in revitalising them – finding new treatment areas; new markets where we can get them licensed; or, potentially, new formulations. All the while, we’re ensuring that patients already using the medicine continue to get the treatment they need, while the company whose product we have acquired can feel confident that its reputation is being well looked after.
We are currently 100+ people, headquartered in Burton-on-Trent in the UK, with facilities in Philadelphia, US, and Tokyo, Japan, and an office in London. With a customer services team who speak over 19 languages between them, our clients from all over the world find us easy to do business with, while doctors and pharmacists find us a valuable source of information about how to access the medicines they need for their patients.
http://www.clinigen.co.uk/

dreamcatcher
- 01 Nov 2012 21:32
- 6 of 300
dreamcatcher
- 10 Nov 2012 14:05
- 7 of 300
A buy in this weeks shares mag - Revenues have increased 242% since 2010 driven by investment in its sales teams.
dreamcatcher
- 12 Nov 2012 16:19
- 8 of 300
up 7.5%
goldfinger
- 13 Nov 2012 01:35
- 9 of 300
Tipped I hear by SCSW this weekend.
dreamcatcher
- 15 Dec 2012 15:56
- 10 of 300
A buy in this weeks share mag. The proceeds from the Sept flotation have helped to create a £20m war chest, which includes cash and £10m of debt from the Royal Bank of Scotland. Chief executiver Peter George is hoping to add a second treatment to his sales forces in the UK, the USA and Japan by the end of the year.
Only established in 2010, Clinigen is expected to record £97.1m in sales for its fiscal year to June 2013 and £17m in pre-tax profit. That points to earnings per share of 14.5p, which leaves the stock on a tempting earnings multiple of 14.1 times .
The healthy balance sheet could even fund a dividend and further acquisitions should complement strong organic growth.
dreamcatcher
- 19 Jan 2013 15:55
- 11 of 300
A buy in this weeks IC mag.
dreamcatcher
- 31 Jan 2013 07:08
- 12 of 300
RNS Number : 7451W
Clinigen Group plc
31 January 2013
RNS Announcement:
31 January 2013
Clinigen Group plc
Notification of Interim Results Date
Clinigen Group plc (AIM: CLIN), the global specialty pharmaceuticals and pharmaceutical services business, will be announcing its interim results for the period ended 31 December 2012 on Wednesday, 27 February 2013.
There will be an analyst meeting on 27 February 2013 at the offices of College Hill, The Registry, Royal Mint Court, London EC3N 4QN. Analysts who wish to attend should contact Stefanie Bacher on +44 (0)20 7457 2020 or email Clinigen@CollegeHill.com to register.
dreamcatcher
- 11 Feb 2013 14:00
- 13 of 300
On the move
dreamcatcher
- 27 Feb 2013 17:49
- 14 of 300
Clinigen declares maiden divi after impressive stock market debut
By Benjamin Chiou | Sharecast – 1 hour 36 minutes ago.. .
LONDON (ShareCast) - Clinigen, the speciality pharmaceuticals company which listed on the AIM market last autumn, saw shares surge on Wednesday after the firm reported a massive jump in first-half sales and declared a maiden dividend.
Sales soared by 86% from £32.7m to £61.0m in the six months to December 31st, while underlying profit before tax surged 54% from £6.3m to £9.7m.
Chief Executive Peter George told Sharecast that the company is "very pleased" with its trading performance in the first six months of the year after successful stock-market debut in September.
The board decided to declare the company's first interim dividend of 0.6 per share and said it is targeting progressive dividend growth.
Shares were up 11.21% at 234.65p by 11:12 on Wednesday morning, compared with the placing price of 164p.
George hailed "significant organic growth from all three operating divisions", but highlighted the standout performance of the Clinical Trial Supply (CTS) division, the dominant revenue generator of Clinigen.
CTS, which provides commercial medicines for use in clinical trials, saw an impressive 113% sales increase driven by its expansion into the US markets and new business wins. However, George did say that CTS's second half growth will likely not be as strong, though this is to be expected given the "lumpiness" of seasonality in the industry.
Meanwhile, the Global Access Programs (GAP (NYSE: GPS - news) ) division is on track to deliver three-fold growth this year, George said, after a whopping 222% increase in sales in the first half. GAP provides early-market access to medicines before regulatory approval or provides drugs to patients after discontinuation or withdrawal. It currently is the exclusive supplier of 32 drugs across the world.
The third division, Speciality Pharmaceuticals (SP), targets niche, hospital-only, end-of-lifecycle drugs previously owned by large pharma firms, by acquiring or in-licensing them. The company's first product is Foscavir, acquired from AstraZeneca (NYSE: AZN - news) in 2010, which achieved 22% sales growth in the first half.
Group cash and cash equivalents totalled £22.3m by the end of the half, up from just £5.2m at June 30th 2012.
Optimistic outlook
The company said that trading in the second half of the financial year has "started well".
George told Sharecast that he is confident that full-year sales would beat current market forecasts due to the strength in CTS, though expected margin reductions will likely mean that the bottom line would be in line with estimates.
He said that there is potential for good synergies between the three divisions, saying that "one plus one plus one is greater than three".
dreamcatcher
- 27 Feb 2013 17:56
- 15 of 300
Clinigen Group: Numis ups target price from 240p to 265p, while its buy recommendation is reiterated
dreamcatcher
- 11 Mar 2013 08:22
- 16 of 300
Clinigen Group and Theravance Entered into Excl...
BZW
Clinigen Group and Theravance Entered into Exclusive Commercialization Agreement in the EU for Antibacterial VIBATIV®
Clinigen Group plc
Clinigen and Theravance Announce Exclusive Commercialization Agreement in the EU for VIBATIV® (telavancin)
Clinigen Group plc (LSE: CLIN) (AIM: CLIN) and Theravance, Inc. (NASDAQ: THRX) today announced that they have entered into an exclusive commercialization agreement in the European Union (EU) and certain other countries located in Europe for VIBATIV® (telavancin) for the treatment of nosocomial pneumonia (hospital-acquired), including ventilator-associated pneumonia, known or suspected to be caused by methicillin resistant Staphylococcus aureus (MRSA) when other alternatives are not suitable. VIBATIV® is a bactericidal, once-daily injectable lipoglycopeptide antibacterial agent with a dual mechanism of action against Gram-positive bacteria, including resistant pathogens such as MRSA.
Under the terms of the agreement, Theravance has granted Clinigen exclusive commercialization rights to VIBATIV® in the EU and certain other European countries (including Switzerland and Norway). In exchange, Theravance will receive a $5 million upfront payment from Clinigen and is entitled to receive tiered royalties on net sales of VIBATIV®, ranging from 20% to 30%. The agreement has a term of at least 15 years, with an option to extend exercisable by Clinigen.
��SWe are pleased to have Theravance, a leader in antibiotic development, as a license partner,⬝ said Peter George, Chief Executive Officer of Clinigen. ��SThis agreement is of strategic importance to us as it not only strengthens our anti-infective offering with a product that has patent protection into the next decade, but it is an exciting opportunity to commercialize VIBATIV® and Foscavir® while leveraging their operational synergies. VIBATIV® is a second product for Clinigen��"s Specialty Pharmaceuticals (SP) portfolio, complementing the division��"s anti-viral product, Foscavir®.⬝
��SWe are very excited to partner with Clinigen and we believe that its innovative business model and experience in specialty pharmaceuticals provide an ideal platform to maximize the growth opportunity for VIBATIV®,⬝ said Rick E Winningham, Chief Executive Officer of Theravance. ��SWe look forward to working with Clinigen in making VIBATIV® available to patients with nosocomial pneumonia in the EU."
goldfinger
- 11 Mar 2013 09:00
- 17 of 300
goldfinger
- 11 Mar 2013 09:10
- 18 of 300
Should get these figures upgraded over next 48 hours.
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Numis Securities Ltd
27-02-13 BUY 17.20 15.40 1.80 19.80 17.30 2.30
2013 2014
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Consensus 17.20 15.40 1.80 19.80 17.30 2.30
1 Month Change 0.20 0.90 -0.05 0.20 0.60 0.07
3 Month Change 0.20 0.90 -0.05 0.20 0.60 0.07
GROWTH
2012 (A) 2013 (E) 2014 (E)
Norm. EPS 52.96% 92.58% 12.34%
DPS % % 27.78%
INVESTMENT RATIOS
2012 (A) 2013 (E) 2014 (E)
EBITDA £11.76m £12.30m £20.10m
EBIT £10.54m £17.20m £19.40m
Dividend Yield % 0.71% 0.90%
Dividend Cover x 8.56x 7.52x
PER 31.83x 16.53x 14.71x
PEG 0.60f 0.18f 1.19f
Net Asset Value PS 17.64p p p
dreamcatcher
- 11 Mar 2013 13:31
- 19 of 300
Clinigen Group: Numis revises target price from 265p to 310p and stays with its buy recommendation.
goldfinger
- 12 Mar 2013 07:57
- 20 of 300
CLIN - Numis Buy; Ups target to 310p
Speciality pharma firm Clinigen (CLIN:AIM) improved 6.9% to 272p as management delivered on its promise to add a new drug to its portfolio within six months of the £210 million cap’s listing on Aim. The company has secured the European rights to Vibativ, a treatment for pneumonia caused by MRSA, from US firm Theravance. Charles Weston at Numis expects sales to commence in the first half of 2014 and expects the treatment to generate up to £6 million a year.
dreamcatcher
- 17 Mar 2013 13:55
- 21 of 300
A buy in this weeks SM - Antibiotic resistance is very much in the news, which adds a timeliness to a deal between clinical product supply specialist Clinigen and US biotech company Theravance. Clinigen has tied up the European rights for vibativ, a treatment for drug-resistant pneumonia resulting from an MRSA super-bug infection.
For $5m (£3.3m) upfront fee, Clinigen has acquired the EU rights to Vibativ, as well as rights for Switzerland and Norway, and will pay a royalty to Taheravance of between 20% -30%, dependiing on sales.
goldfinger
- 26 Mar 2013 07:56
- 22 of 300
RNS this morning should cream the SP north. Will try and add.
dreamcatcher
- 26 Mar 2013 08:04
- 23 of 300
Clinigen Group plc acquires oncology support th...
BZW
Clinigen Group plc acquires oncology support therapy Cardioxane for US$33 million
Clinigen Group plc
Clinigen Group plc acquires oncology support therapy Cardioxane® from a world-leading pharmaceutical company
Burton-on-Trent, UK 26 March 2013 Clinigen Group plc (Clinigen" or the Group") (LSE: CLIN) (AIM: CLIN) today announced the acquisition of Cardioxane® (dexrazoxane) from Novartis for US$33 million in cash, payable in two tranches. Under the terms of the agreement, Clinigen will assume responsibility for manufacturing, registration, distribution, and commercialization of the product in countries where current marketing authorizations exist, including key European, Asian and Latin American territories.
Cardioxane, an oncology support therapy, is a cardioprotective agent used to prevent the cardiotoxicity of anthracycline chemotherapy for patients with advanced and/or metastatic breast cancer.
Clinigen believes there is an opportunity to revitalize Cardioxane, which has no direct licensed competition in the anthracycline therapy cardioprotection space, by utilizing new commercialization, market and indication strategies over the next five years. Historic revenues for Cardioxane have been c.US$11-12 million per annum. Clinigen is targeting a gross margin of 60%. Latin America is a strong market for Cardioxane which is of particular interest to Clinigen, being a territory in which the Group wishes to expand its reach and which may improve access routes for existing portfolio products such as Foscavir®, as well as products that Clinigen may acquire in the future.
Cardioxane is the third addition to Clinigen"s Specialty Pharmaceuticals (SP) business complementing Foscavir, its anti-viral active against Cytomegalovirus (CMV) and commonly used in the support of leukemia patients undergoing bone marrow transplants, acquired from AstraZeneca in March 2010. Recently, the Group in-licensed VIBATIV®, an anti-bacterial for the treatment of nosocomial pneumonia caused by MRSA, for commercialization in the EU from Theravance. All three are highly specialized, hospital-only drugs which Clinigen SP supplies into licensed markets and Clinigen Global Access Programs (GAP) supplies into pre- or unlicensed markets on a named patient basis.
SAcquiring Cardioxane from Novartis is another major step forward for us,⬝ said Peter George, Chief Executive Officer of Clinigen. SCardioxane fits particularly well within our portfolio. We have been looking for medicines that complement Foscavir and Cardioxane does this by extending our role in oncology support. Together with our recent addition of VIBATIV, which further builds on our anti-infective capability, we are delivering on our mission to supply the right drug to the right patient at the right time.⬝
About Cardioxane® (dexrazoxane)
Cardioxane is a cardioprotective agent used to prevent chronic cumulative cardiotoxicity caused by doxorubicin or epirubicin in advanced and/or metastatic adult breast cancer patients who have received a prior cumulative dose of 300mg/m2 of doxorubicin or 540mg/m2 of epirubicin when further chemotherapy treatment is required. Cardioxane is administered by intravenous infusion. It is believed to work by binding to metal ions, thus decreasing the formation of intracellular superoxide radicals and preventing cardiotoxicity. Cardioxane was initially licensed in 1992. Subsequently, Novartis acquired the product as part of the 2006 acquisition of Chiron. The product is currently licensed for sale in 43 markets around the world, including 18 in Latin America.
Within the European Union Cardioxane underwent a revision to its label in 2011, restricting its licensed use to advanced and/or metastatic breast cancer. The change brought the EU label in line with the dexrazoxane indication that exists within the United States.
About Clinigen Group
Clinigen is a specialty global pharmaceutical products and services business headquartered in the UK, with offices in the US and Japan. The Group has three operating businesses; Specialty Pharmaceuticals (Clinigen SP), Clinical Trials Supply (Clinigen CTS), and Global Access Programs (Clinigen GAP). The SP business focuses on acquiring and in licensing specialist, hospital-only medicines worldwide and commercializing them within niche markets. For more information, please visit www.clinigengroup.com.
Forward-looking statement
This announcement contains certain projections and other forward-looking statements with respect to the financial condition, results of operations, businesses and prospects of Clinigen Group plc (SClinigen⬝). These statements are based on current expectations and involve risk and uncertainty because they relate to events and depend upon circumstances that may or may not occur in the future. The forward-looking statements include statements regarding Cardioxane, its development, potential and financial performance. There are a number of factors which could cause actual results or developments to differ materially from those expressed or implied by these forward-looking statements. Any of the assumptions underlying these forward-looking statements could prove inaccurate or incorrect and therefore any results contemplated in the forward-looking statements may not actually be achieved. Recipients are cautioned not to place undue reliance on any forward-looking statements contained herein. Clinigen undertakes no obligation to update or revise (publicly or otherwise) any forward-looking statement, whether as a result of new information, future events or other circumstances.
Contact Details
dreamcatcher
- 26 Mar 2013 10:20
- 24 of 300
Clinigen Group: Numis moves target price from 310p to 340p and retains a buy recommendation.
dreamcatcher
- 29 Mar 2013 19:07
- 25 of 300