Back to top

Analyst Blog

UCB (UCBJF) recently announced that the US Food and Drug Administration (FDA) has approved Neupro (rotigotine) to treat signs and symptoms of advanced stage idiopathic Parkinson’s disease (PD) and moderate-to-severe primary restless legs syndrome (RLS).

We note that Neupro is currently approved in the US and the European Union (EU) for the treatment of the signs and symptoms of early-stage idiopathic PD. The drug is also approved in the EU for the symptomatic treatment of moderate to severe idiopathic RLS in adults.

It has been a positive year so far for UCB. In January, the FDA approved its lead product, Keppra (levetiracetam), for use as adjunctive therapy for the treatment of partial onset seizures in adults and children aged one month and older suffering from epilepsy. The approval is for the tablet and oral formulation of the drug.

We note that while Keppra is already available in the US as adjunctive therapy for the treatment of partial onset seizures in adults and children of four years of age and older with epilepsy, it is marketed in the EU as adjunctive treatment of partial onset seizures in infants and young children aged one month to under four years.

Our View

We currently have a Zacks #3 Rank (short-term Hold rating) on UCB. We believe that the approval of Neupro in the US will add to the company’s top line, which increased 6.0% in 2011 to $4,525.9 million, driven by strong sales of Cimzia (up 63%), Vimpat (up 70%), Neupro (up 16%) and Keppra (up 3%). Moreover, we expect UCB to continue posting strong results riding on the sales of these drugs.

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
TRIQUINT SE… TQNT 20.61 +6.24%
RF MICRO DE… RFMD 12.42 +5.57%
VASCO DATA… VDSI 14.82 +5.03%
STRATTEC SE… STRT 81.23 +4.27%
PATTERSON-U… PTEN 34.42 +2.62%