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Sciele Pharma, Inc. Reports Results for the First Quarter of 2007... In February 2007, the Company entered into an agreement with Galephar Pharmaceutical Research to develop and market a combination of Pravastatin and Fenofibrate for mixed dyslipedemia. Mixed dyslipidemia is the presence of elevated levels of triglycerides and low-density lipoprotein (LDL), or "bad" cholesterol, and low levels of high-density lipoproteins (HDL), or "good" cholesterol in the blood. In April 2007, the Company began enrolling patients in a pivotal Phase III study that will compare the combination of pravastatin and fenofibrate to pravastatin alone and fenofibrate alone. The Company plans to launch an improved formulation of Optinate, a prenatal vitamin with DHA, during the second quarter of 2007. Guidance for Full-Year 2007 Sciele Pharma is increasing its full-year 2007 revenue and earnings guidance. Revenues for the full-year 2007 are expected to be in the range of $365 million to $390 million. This increase reflects higher revenues from products acquired from Alliant Pharmaceuticals and the launch of the new Optinate formulation and represents an expected increase of 25% to 33% over full-year 2006. The Company expects full-year 2007 diluted earnings per share to be in the range of $1.60 to $1.70, including approximately $1.5 million in restructuring charges related to the Alliant acquisition, which represents an expected increas... 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | All news |