This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

13 Biotech Stock Predictions for 2013

BOSTON ( TheStreet) -- Thirteen biotech predictions for 2013:

1. The U.S. commercial launch of Arena Pharmaceuticals (ARNA - Get Report) and Eisai's weight-loss pill Belviq will be a major disappointment. Belviq will also fail to receive European approval.

2. Sarepta Therapeutics (SRPT - Get Report) will have another big year, with an accelerated approval filing mid year for the Duchenne muscular dystrophy drug eteplirsen in the U.S. and a significant and lucrative ex-U.S. partnership for the company's exon-skipping drug technology platform.

3. Orphan drug pricing comes under scrutiny and increasing criticism.

4. The Nasdaq Biotechnology Index will close 2013 flat or down single digits.

5. Amarin (AMRN - Get Report) delays the commercial launch of its triglyceride-lowering fish-oil pill Vascepa to the second quarter due to manufacturing and supply issues. Vascepa sales fail to meet lowered expectations.

6. Gilead Sciences (GILD - Get Report) hits a snag that delays the filing, approval or launch of its all-oral hepatitis C drug regimen. Investors also wake up to the realization that the commercial market for Hep C drugs is far smaller than expected. Gilead shares close in the red for the year. This is my Black Swan prediction for 2013.

7. FDA takes steps to liberalize overly restrictive conflict-of-interest rules that are preventing "A list" medical and scientific experts from participating in advisory committee meetings.

8. U.S. courts decide that off-label drug marketing is a form of constitutionally protected free speech and therefore legal.

9. "Expert networks" Gerson Lehrman Group and Guidepoint Global see a significant drop off in investor and doctor participation. Revenues plummet and the two companies either merge or one goes out of business.

10. By the end of the year, one or more of these companies will be gobbled up an M&A deal: BioMarin Pharmaceuticals (BMRN - Get Report), Onyx Pharmaceuticals (ONXX), Medivation (MDVN), Achillion Pharmaceuticals (ACHN) and Incyte (INCY).

11. Cell Therapeutics (CTIC) raises money at least twice. (I needed at least one prediction guaranteed to come true.)

12. Celgene (CELG) will be the best-performing large-cap biotech in 2013.

13. Strong 2013 drug launches: NPS Pharma (NPSP) (Gattex), Medivation (MDVN) (Xtandi), Aegerion Pharma (AEGR) (Juxtapid), Roche (RHHBY) (T-DM1), Biogen Idec (BIIB) (BG-12), Onyx Pharma (Kyprolis).

Weak 2013 drug launches: Arena Pharma (Belviq), Amarin (Vascepa), Ariad Pharma (ARIA) (Iclusig), Alexza Pharma (ALXA) (Adasuve), Navidea Biopharma (NAVB) (Lymphoseek), AVEO Pharma (AVEO) (tivozanib.)

Here's a look back at how well my 2012 predictions fared:

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
NPSP $45.97 0.02%
ARNA $4.34 0.00%
AMRN $1.89 0.00%
BMRN $115.92 0.00%
GILD $105.01 0.00%

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs