Back to top

Analyst Blog

ViiV Healthcare has entered into an agreement with Janssen R&D Ireland Ltd., a subsidiary of Johnson & Johnson (JNJ - Analyst Report), for the development and commercialization of a single tablet combination of ViiV Healthcare’s Tivicay and Johnson & Johnson’s Edurant.

ViiV Healthcare, a company focused on the treatment of HIV, was established by GlaxoSmithKline (GSK - Analyst Report) and Pfizer (PFE - Analyst Report) in 2009. After certain amendments in Oct 2012, Glaxo, Pfizer and Shionogi now own 76.5%, 13.5% and 10% of ViiV Healthcare, respectively.

The Johnson & Johnson agreement is in line with ViiV Healthcare’s strategy to develop Tivicay-based therapies. We remind investors that Tivicay was cleared by the FDA in Aug 2013 as an add-on therapy to other antiretroviral agents for the treatment of patients suffering from HIV-1, who are above 12 years and weigh at least 88 lbs.

ViiV Healthcare and Johnson & Johnson plan to initiate studies on a single-tablet combination of Tivicay and Edurant by the first quarter of 2015. The companies are looking to evaluate the combination as an HIV maintenance therapy for patients already virally suppressed on a three-drug regimen.

Additionally, the companies will evaluate a fixed-dose combination of Tivicay and Edurant in pediatric patients. We note that the pediatric patient population represents an unmet disease area with approximately 3.3 million children living with HIV globally of which approximately 2.2 million children (66%) do not have access to appropriate care and medicines.

Johnson & Johnson, Glaxo and Pfizer are all Zacks Rank #3 (Hold) stocks. A better-ranked stock in the health care sector is Gilead Sciences (GILD - Analyst Report) carrying a Zacks Rank #1 (Strong Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
SIGNET JEWE… SIG 116.37 +7.72%
CHYRONHEGO… CHYR 2.72 +5.84%
US SILICA H… SLCA 70.72 +4.00%
MALLINCKROD… MNK 80.11 +2.32%
RF MICRO DE… RFMD 11.76 +2.31%