Today’s Trade Alerts include: Zila Inc. (Nasdaq: ZILA), Orthovita Inc. (Nasdaq: VITA), Advanced Medical Optics Inc. (NYSE: EYE), Johnson & Johnson (NYSE: JNJ), Novartis AG (NYSE: NVS) and Merck & Co. Inc. (NYSE: MRK).
“Zila Inc. (ZILA) shares fell 1.59% in early Thursday trading. Zila, a specialty pharmaceutical company, focuses on the prevention, detection and treatment of oral diseases, primarily oral cancer...
“The company recently announced it has selected Dentaid to be the exclusive distributor of ViziLite Plus with TBlue, Zila’s proprietary oral cancer screening product, in Spain, France, Germany and Portugal. ViziLite Plus with TBlue, Zila's flagship product for the early detection of oral abnormalities that could lead to cancer, is the first and only adjunctive medical device cleared by the FDA for use in a population at increased risk for oral cancer…
“Dentaid is the market leader among dental distributors in France and Spain, and has recently established a significant presence in the German market. ViziLite Plus with TBlue is now available to 55% of the people in the Western and Eastern EU-member countries; Zila previously announced that it had selected distributors for the product in the United Kingdom, Ireland, Greece and Cyprus...”
“Orthovita Inc. (VITA) shares slipped 2.85% to $3.07 Thursday morning. Orthovita engages in the development and marketing of synthetic-based biomaterial products for use in spine surgery, the repair of fractures, and a range of clinical needs in the trauma, joint reconstruction, revision and extremities markets…
“The company recently reported financial results for the three and six months ended June 30, 2008. Product sales for the three months ended June 30, 2008, increased 30% to $19.3 million as compared to $14.9 million for the same period in 2007. Product sales for the six months ended June 30, 2008, increased 27% to $35.5 million, as compared to $28.0 million for the same period in 2007…
“Gross profit for the three months ended June 30, 2008, and 2007 was $13.0 million and $9.8 million, respectively. As a percentage of sales, gross profit was 67% and 66% for the three months ended June 30, 2008, and 2007, respectively. Gross profit for the six months ended June 30, 2008, was $23.3 million as compared to $18.2 million for the same period in 2007. As a percentage of sales, gross profit was 66% and 65% for the six months ended June 30, 2008, and 2007, respectively…”
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