Back to top

Analyst Blog

Santarus, Inc recently announced the US launch of Uceris (budesonide) extended release tablets for the induction of remission in patients suffering from mild-to-moderate ulcerative colitis. Earlier, Santarus had planned to launch the product in Mar 2013. Uceris received FDA approval in Jan 2013.

Clinical trials effectively proved the efficacy of Uceris against placebo with three times the number of patients achieving remission and mucosal healing compared to placebo. No significant side effects were noticed with Uceris.

Uceris was jointly developed by Santarus and Cosmo Technologies Limited, a subsidiary of Cosmo Pharmaceuticals S.p.A. As per the agreement, Santarus will pay Cosmo $7 million on the first commercial sale of Uceris in the form of cash or common stock.

The commercial launch of Uceris ahead of time is a positive for Santarus. The company expects Uceris to contribute significantly to sales growth. At the time of approval, the company had said that it expects total revenues in the range of $320-$325 million, representing double-digit growth from the 2012 guidance. The company will jointly promote both Uceris and Zegerid to gastroenterologists.The company increased its sales force for this joint promotion.

Currently, companies like Salix Pharmaceuticals Ltd (SLXP - Analyst Report) and AstraZeneca PLC (AZN - Analyst Report) have a presence in the ulcerative colitis market.

We are positive on the early launch of Uceris and expect the product to strengthen the company’s portfolio. However, we prefer to remain on the sidelines until we gain more visibility on sales.

Santarus currently carries a Zacks Rank #4 (Sell). Comparatively Valeant Pharmaceuticals International, Inc. (VRX - Analyst Report) looks better. Valeant Pharma carries a Zacks Rank #1 (Strong Buy). Meanwhile, Salix Pharma carries a Zacks Rank #2 (Buy).

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

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 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
ERBA DIAGNO… ERB 3.00 +3.09%
SANCHEZ ENE… SN 34.18 +2.67%
THE PANTRY… PTRY 21.02 +2.09%
INTEL CP INTC 35.15 +1.88%
CLAYTON WIL… CWEI 117.30 +1.78%