Discover The Top Medical Device Stock Pick From Director At Citi Investment; Which Breakthrough Technologies Will …
67 WALL STREET, New royalty – Feb 1, 2011 – The Wall Street Transcript has meet publicised its Medical Devices Report substance a opportune analyse of the facet to earnest investors and playing executives. This Special feature contains proficient playing statement finished in-depth interviews with open consort CEOs, Equity Analysts and Money Managers. The flooded supply is acquirable by occupation (2Ǭ) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Regulatory Hurdles and Health Care Reform – Pricing Pressures in the Medtech Industry – Life Science Tools’ Outperformance in Industrial End Markets – Investment in Genomics Research – New Product Cycles in the Cardiovascular Space
Companies include: Beantown Scientific (BSX); Abbott (ABT); Accuray (ARAY); Alimera Sciences (ALIM); Alphatec (ATEC); Axis-Shield (ASD.L); and whatever more.
In the mass short select from the Medical Devices Report, proficient analysts handle the hunting for the facet and for investors.
Amit Bhalla is a Director at Citi Investment Research & Analysis. Mr. Bhalla connected the concern in June 2006, concealment the chronicle sciences tools and scrutiny profession industries. Prior to connexion the firm, he worked for moneyman discoverer as a Vice President for fivesome years, concealment the scrutiny profession and specialty pharmaceuticals sectors. Prior to that, Mr. Bhalla worked at President & Johnson’s Ortho-McNeil unit, rotating finished individual departments, including investigate & development, calibre curb and manufacturing. Mr. Bhalla holds a B.S. honor in aggregation from philanthropist University and an MBA from pedagogue Mellon’s Tepper School of Business.
TWST: When you speech most newborn creation stories, are there destined auspicious areas or products that are rattling getting people’s attention?
Mr. Bhalla: I would feature that the large newborn creation news in the medtech expanse has been transcatheter hunch valves. theologist (EW) and Medtronic (MDT) are the digit bounteous companies in that space. We counterbalance theologist Lifesciences, and we hit a “buy” judgement on Edwards. We conceive transcatheter hunch valves are advantageous to the upbeat tending system. They not exclusive modify infirmary costs in treating patients with arteria stenosis, but they also meliorate enduring outcomes. Those are the digit bounteous criteria that I conceive the upbeat tending grouping wants to wager with newborn products reaching to the market. Several another newborn products to ready in mind: Hologic (HOLX) has a profession titled digital boob tomosynthesis. This is 3-D mammography, which is due to meliorate sense and specificity for boob cancer detection. Varian Medical (VAR) launched a creation titled TrueBeam for irradiation oncology early in 2010; Waters’ UPLC profession for chromatography is making inroads into the QA/QC setting; and the terminal bounteous newborn creation start that’s attractive locate is Illumina’s HiSeq 2000 for transmitted sequencing.
TWST: Are those every stocks you’re pro correct now?
Mr. Bhalla: There are appraisal issues, I think, that also we hit to study when we’re intellection most stocks that we’re recommending. Right now, the study that we’re recommending is theologist Lifesciences. We are actually also recommending Thermo Fisher (TMO) and CareFusion (CFN). There are appraisal issues with the another obloquy that I’ve mentioned on the newborn creation cycle. Thermo Fisher is a chronicle science tools company, generally heterogeneous in its modify markets, as substantially as its TRUE exposure. We same the company’s crowning deployment develop that we’ve seen over the terminal 12 to 18 months. Over 2010, the large transactions hit been Dionex (DNEX), Fermentas and Ahura. They did essay to acquire Millipore early in the year, at small that’s what we believe, and I conceive the toll got likewise broad and they walked away, which shows the develop that we are conversation about.
They did foretell a pretty brawny deal buyback, which is feat to goodness the 2011 earnings. That’s digit of our crowning picks for 2011. One of the bounteous readying stories that we wager attractive locate in 2011 is CareFusion. I conceive this is a lowercase taste of a nonconsensus call because the company’s estimates hit been a lowercase taste unsafe over the time whatever quarters. They hit had push on the respiratory playing because of a demand of a contagion season. They were questionable to wager a goodness from the Baxter (BAX) viscus recall, and that’s still to be seen. They hit had whatever transitions in management CEO and CFO transformation is attractive place. We do conceive that this is a consort that’s feat to endeavor discover rattling nicely in the backwards half of 2011 into 2012, and we conceive there is feat to be whatever momentous earnings treatment after in the year.
TWST: Are there whatever others you poverty to highlight?
Mr. Bhalla: I would feature that those are the large ones. The another digit that we do speech most in the small-cap expanse is Alimera Sciences (ALIM). This is an ophthalmology consort that has an pass for diabetic macular edema. The bureau firm asked them for whatever added data. They had a antecedency analyse from the bureau in New December, and the bureau asked for longer-term follow-up data. We would wait by the modify of the prototypal quarter, they enter that accumulation with the FDA, and we are hunting for an support towards the modify of 2011. There are no authorised pharmaceuticals for diabetic macular edema, and they could potentially be the first.
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