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4-Traders Homepage  >  Equities  >  Nasdaq  >  Endo Health Solutions Inc    ENDP

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Senate Panel Seeks Info From J&J, Endo, Others Over Concern On Painkiller Marketing -Reuters

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05/09/2012 | 08:44pm CEST

The Senate Finance Committee is looking into possible links between three drug companies and nonprofit medical groups, citing concerns about the groups' advocacy of painkillers, Reuters reported Wednesday.

The panel sent letters to Johnson & Johnson (JNJ), Endo Pharmaceuticals Holdings Inc. (>> Endo Pharmaceuticals Holdings Inc) and Purdue Pharma LP and seven medical groups seeking documents about their financial connections, Reuters reported.

Sen. Max Baucus (D., Mont.), the committee's chairman, said in a statement that "painkillers have an important role in health care when prescribed and used properly, but pushing misinformation on consumers to boost profits is not only wrong, it's dangerous," Reuters reported.

Reuters said officials at the three drug companies weren't immediately available for comment.

Full story at http://www.reuters.com/article/2012/05/09/us-usa-painkillers-investigation-idUSBRE84811420120509

-Dow Jones Newswires; 212-416-2900

Stocks mentioned in the article : Endo Pharmaceuticals Holdings Inc
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Financials ($)
Sales 2016 3 930 M
EBIT 2016 1 479 M
Net income 2016 505 M
Debt 2016 8 147 M
Yield 2016 -
P/E ratio 2016 17,53
P/E ratio 2017 9,64
EV / Sales 2016 3,25x
EV / Sales 2017 2,87x
Capitalization 4 638 M
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Consensus 
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 29,4 $
Spread / Average Target 41%
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Managers
NameTitle
Rajiv De Silva President, Chief Executive Officer & Director
Roger H. Kimmel Chairman
Robert J. Cobuzzi SVP-Operations, Research & Development Strategy
Suketu P. Upadhyay Chief Financial Officer & Executive Vice President
Susan T. Hall Chief Scientific Officer & Executive VP
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