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King Pharmaceuticals Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionThank you, Mr. Squicciarino. The floor is now open for questions. [Operator Instructions]. Our first question is from Corey Davis from Natixis. Please go ahead. Corey Davis - Natixis Bleichroeder Thanks very much. I just wanted to ask a couple of questions about the Alpharma acquisition. Just kidding....
Earnings Preview: King Pharmaceuticals
King Pharmaceuticals KG is expected to report Q3 earnings before market open Thursday, November 6, with a conference call scheduled for 11:00 am ET. Guidance Analysts are looking for a profit of 26c on revenue of $362M. The consensus is 23c to 29c for EPS, and $358.5M to $368.6M for...
King Pharmaceuticals Extends Tender Offer to Acquire Alpharma
BRISTOL, Tenn. -- King Pharmaceuticals, Inc. (NYSE: KG) today announced that it is extending its previously announced tender offer for all outstanding shares of Class A Common Stock of Alpharma Inc. (NYSE: ALO) until 5:00 pm, New York City time, on November 21, 2008, unless the offer is further extended....
Alpharma Rejects King Pharma's Offer; What Now?
The M & A Researcher submits: Alpharma ALO has announced the rejection of King Pharmaceuticals' KG unsolicited $37 per share offer as "financially inadequate." ALO has also disclosed the following with respect to third-party interest: by The M & A Researcher
King Pharmaceuticals Responds to Alpharma Inc
BRISTOL, Tenn. -- King Pharmaceuticals, Inc. (NYSE: KG) today issued the following statement in response to an announcement by Alpharma Inc. (NYSE: ALO) regarding King's offer to acquire Alpharma for $37.00 per share in cash.[TABLE OMITTED] On September 12, 2008, King Pharmaceuticals announced that it commenced a tender...
King Proposes Acquisition of Alpharma for $33 Per Share in Cash
Represents Equity Value of $1.4 Billion Offers a Significant Premium to Alpharma Stockholders Combined Entity Would Create a Leading Specialty Pharmaceutical Company with Greater Commercialization Capabilities, Expanded Portfolio of Pain Management Products and a Strengthened Pipeline BRISTOL, Tenn. -- King Pharmaceuticals, Inc. (NYSE: KG) announced today that...
King Pharmaceuticals Provides Updated Replay Information for Conference Call Regarding Proposed Acquisition of Alpharma
BRISTOL, Tenn. -- King Pharmaceuticals, Inc. (NYSE:KG) today held a conference call at 10:00 AM ET to discuss its proposal to acquire Alpharma Inc. (NYSE:ALO) for $33.00 per share in cash. Playback of the conference call and the webcast will be available for replay through the close of business...
Friday Options Update: LEH, SCHW, AKAM, KG, APO, TGT, ORCL, KO
Rebecca Engmann Darst contributed to this report. Lehman Brothers LEH – Shares in Lehman Brothers bounded sharply out of the gate with a 10% gain to $15.09 on speculation that the firm might be bought by Korea Development Bank. The move in Lehman comes a day after respected analyst Richard...
Pain Therapeutics and King Pharmaceuticals Announce Final Data of REMOXY Phase III Study at World Pain Congress in Scotland
GLASGOW, Scotland -- Pain Therapeutics, Inc. (NASDAQ: PTIE) and King Pharmaceuticals, Inc. (NYSE: KG) today presented the final data set of a previously announced pivotal Phase III study of REMOXY([R]), an investigational drug to treat chronic pain. The final data confirm REMOXY provides effective around-the-clock analgesia within a patented formulation...
King Pharmaceuticals, Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionThank you. The floor is now open for questions. [Operator Instructions]. Our first question comes from Greg Gilbert of Merrill Lynch. Please state your question. Gregory Gilbert - Merrill Lynch Thanks. Good morning. Can you give us your latest thoughts on the competitive environment in the Thrombin market...
Earnings Preview: King Pharmaceuticals
King Pharmaceuticals KG is expected to report Q2 earnings before market open Thursday Aug. 7, with a conference call scheduled for 11:00 am ET.Guidance Analysts are looking for a profit of 32c on revenue of $397.28M. The consensus is wide, 25c to 37c for EPS, and $361M to $423M for...
King Pharmaceuticals, Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer SessionThank you, Mr. Squicciarino. [Operator Instructions]. And our first question comes from Donald Ellis from Thomas Weisel Partners. Please go ahead. Donald Ellis - Thomas Weisel Partners Thank you, and good morning. First question is regarding SKELAXIN. Year-over-year prescriptions were down about 8.5%, but the revenue reported was...
King Pharmaceuticals, Inc. Q4 2007 Earnings Call Transcript
Question-and-Answer SessionThank you Mr. Squicciarino. The floor is now open for questions. [Operator Instructions]. Our first question comes from Corey Davis. Go ahead Corey. Corey Davis - Natexis Bleichroeder Thanks very much. I had a couple... first how would you describe the pricing dynamics in the thrombin market now...
King Pharmaceuticals Inc. Q3 2007 Earnings Call Transcript
Question-and-Answer Session Operator Thank you Mr. Markison. [Operator Instructions]. Our first question comes from Adam Greene of J. P. Morgan, please go ahead. Adam Greene - J.P. Morgan Thanks good morning. First, your gross margin guidance of 72% to...
Market Commentary on King Pharmaceuticals Inc.
M2 PRESSWIRE-16 May 2007-Biotech News: Market Commentary on King Pharmaceuticals IncC1994-2007 M2 COMMUNICATIONS LTD RDATE:16052007 Market Commentary on King Pharmaceuticals Inc (NYSE:KG) King, headquartered in Bristol, Tenn., is a vertically integrated branded pharmaceutical company. King, an S&P 500 Index...
Speak with other shareholders about: (NASDAQ: EPCT), (NASDAQ: SURG), (NASDAQ: PMTI) and (NYSE: KG) .
M2 PRESSWIRE-1 March 2007-Stockwire.com: Speak with other shareholders about: (NASDAQ: EPCT), (NASDAQ: SURG), (NASDAQ: PMTI) and (NYSE: KG) .C1994-2007 M2 COMMUNICATIONS LTD RDATE:01032007 AUSTIN, TX - A very interesting indicator to look for is where the money is flowing into. We...
Hot Stocks to Watch! March 1, 2007.
M2 PRESSWIRE-1 March 2007-Wall Street Capital Funding LLC: Hot Stocks to Watch! March 1, 2007C1994-2007 M2 COMMUNICATIONS LTD RDATE:01032007 Weston, FLA. - Wall Street News Alert's "stocks to watch" this morning are: Lantis Laser Inc. (OTC: LLSR), EpiCept Corporation (NASDAQ: EPCT),...
King will not Restate Financial Results and VI Technologies Granted NASDAQ Extension.
M2 PRESSWIRE-22 February 2005-FNWU: King will not Restate Financial Results and VI Technologies Granted NASDAQ ExtensionC1994-2005 M2 COMMUNICATIONS LTD RDATE:22022005 City of Industry, CA -- Biotech industry news provided by Financial News USA (OTC: FNWU). King Pharmaceuticals, Inc. (NYSE: KG) reported...
Additional Resources
Actavis Acquires Kadian; Extends Specialty Drug Portfolio in U.S
MORRISTOWN, N.J. -- Actavis today announced that it has acquired the brand name drug Kadian([R]) from King Pharmaceuticals for not more than USD127.5M, based on quarterly sales related milestones, ending 30 June 2010. Kadian([R]) which is an extended release morphine sulfate product, is the first originator brand product...
Actavis Acquires Kadian(R); Extends Specialty Drug Portfolio in US
Morristown, NJ, 30 December, 2008 --Actavis today announced that ithas acquired the brand name drug Kadian® from King Pharmaceuticalsfor not more than USD127.5M, based on quarterly sales relatedmilestones, ending 30 June 2010. Kadian® which is an extended release morphine sulfate product, is thefirst originator brand product to be marketed by...
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- Revenue (Fiscal Year) $2.1B
- Profit (Fiscal Year) $182.9M
- Incorporated: 1993
- CEO: Mr. Brian A. Markison
King Pharmaceuticals is a pharmaceutical company that researches, develops, manufactures, markets and sells primarily branded prescription pharmaceutical products for general/family practitioners, internal medicine physicians, neurologists, pain specialists, surgeons and hospitals across the U.S. and in Puerto Rico. Co.'s business consists of five segments: branded pharmaceuticals, including products in the neuroscience, hospital, acute care, and legacy products categories; Meridian Auto-Injector, which includes EpiPen®, a commercial product, and nerve gas antidotes which it provides to the U.S. Military; royalties; contract manufacturing; and other.
Competitors
Stock Quote
Board of Directors
Mr. Brian A. Markison Chairman
Mr. Ted G. Wood Lead Director
Dr. R. Charles Moyer Ph.D.
Mr. D. Greg Rooker
Mr. Earnest W. Deavenport Jr.
Ms. Elizabeth M. Greetham
Mr. Philip A. Incarnati
Dr. Gregory D. Jordan Ph.D.
NAICS Code
Pharmaceutical Preparation Manufacturing: 325412
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