Technical Reports on Generic Drugs Stocks -- Mylan, Horizon Pharma, Allergan, and Catalent

NEW YORK, December 1, 2016 /PRNewswire/ --

Pre-market, Stock-Callers.com brings focus back on the global Generic Drugs industry, which, as per market research firm - Technavio, is anticipated to grow at a CAGR of more than 10% from 2016 to 2020. Additionally, competition is expected to increase in the coming years as a number of pharmaceutical drugs are set to lose their patents during the forecasted period. Equities in today's lineup are: Mylan N.V. (NASDAQ: MYL), Horizon Pharma PLC (NASDAQ: HZNP), Allergan PLC (NYSE: AGN), and Catalent Inc. (NYSE: CTLT). Download the free research reports on these stocks today:

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Mylan

Shares in Hertfordshire, the UK-based Mylan N.V. ended Wednesday's session at $36.61, rising 1.53% from the last trading session. The stock recorded a trading volume of 5.52 million shares. The Company's shares have gained 0.30% in the last month. The stock is trading 3.38% below its 50-day moving average. Moreover, shares of Mylan, which together with its subsidiaries, develops, licenses, manufactures, markets, and distributes generic, branded generic, and specialty pharmaceuticals worldwide, have a Relative Strength Index (RSI) of 46.65.

On November 18^th, 2016, research firm Mizuho reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $49 a share to $47 a share.

As per notes filed on November 29^th, 2016 with the SEC, Mylan NV entered into a revolving credit agreement on November 22^nd, 2016, among the Company, Mylan Inc., certain lenders and issuing banks and Bank of America, N.A. The New Senior Revolving Credit Agreement contains a revolving credit facility under which the Company may obtain extensions of credit in an aggregate principal amount not exceeding $2,000,000,000. Proceeds from the New Senior Revolving Facility will be used for working capital, capital expenditures, and other lawful corporate purposes. See our free and comprehensive research report on MYL at:

http://stock-callers.com/registration/?symbol=MYL

Horizon Pharma

Dublin, Ireland headquartered Horizon Pharma PLC's stock saw a drop of 5.94%, closing the day at $19.80. A total volume of 5.14 million shares was traded, which was above their three months average volume of 3.03 million shares. The Company's shares have advanced 18.42% in the last month and 5.32% in the previous three months. The stock is trading 5.20% above its 50-day moving average and 10.53% above its 200-day moving average. Additionally, shares of Horizon Pharma, which engages in identifying, developing, acquiring, and commercializing medicines for the treatment of arthritis, pain, inflammatory, and/or orphan diseases in the US and internationally, have an RSI of 49.74.

On November 14^th, 2016, Horizon Pharma announced that a retrospective analysis of data from previous pivotal, randomized KRYSTEXXA® clinical trials demonstrate that refractory chronic gout patients defined as "non-responders" based on serum uric acid levels in the trials still achieved significant clinical benefit despite a loss of response in uric acid levels.

On November 28^th, 2016, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. HZNP free research report PDF is just a click away at:

http://stock-callers.com/registration/?symbol=HZNP

Allergan

On Wednesday, shares in Dublin, Ireland headquartered Allergan PLC recorded a trading volume of 5.01 million shares, which was higher than their three months average volume of 4.58 million shares. The stock ended the day 0.86% higher at $194.30. The Company's shares are trading below their 50-day moving average by 10.96%. Furthermore, shares of Allergan, which develops, manufactures, markets, and distributes medical aesthetics, biosimilar, and over-the-counter pharmaceutical products worldwide, have an RSI of 41.84.

On November 17^th, 2016, research firm Mizuho reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $293 a share to $273 a share.

On November 22^nd, 2016, Allergan announced that it has completed the acquisition of Chase Pharmaceuticals Corporation, a clinical-stage biopharmaceutical company focused on the development of improved treatments for neurodegenerative disorders including Alzheimer's disease. Allergan acquired Chase for an upfront payment of $125 million and additional potential regulatory and sales milestone payments related to Chase's lead compound, CPC-201, and certain backup compounds. Sign up for your complimentary report on AGN at:

http://stock-callers.com/registration/?symbol=AGN

Catalent

Somerset, New Jersey headquartered Catalent Inc.'s stock saw a slight decline of 0.75%, finishing yesterday's session at $23.93 with a total trading volume of 839,573 shares. The Company's shares have advanced 4.91% in the last one month. The stock is trading below its 50-day moving average by 3.26%. Additionally, shares of Catalent, which provides advanced delivery technologies and development solutions for drugs, biologics, and consumer health products worldwide, have an RSI of 41.46.

On November 28^th, 2016, Catalent announced that its wholly owned subsidiary, Catalent Pharma Solutions, Inc., intends to offer, subject to market and other conditions, $400 million aggregate principal amount of euro-denominated senior unsecured notes due 2024 in a private offering. Register for free on Stock-Callers.com and download the latest research report on CTLT at:

http://stock-callers.com/registration/?symbol=CTLT

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