SOURCE: The Bedford Report

The Bedford Report

April 18, 2011 08:16 ET

XenoPort and Zalicus Poised for Growth as Earnings Trends Improve

The Bedford Report Provides Analyst Research on XenoPort and Zalicus

NEW YORK, NY--(Marketwire - Apr 18, 2011) - There is plenty of optimism surrounding the biotech sector as firmer pricing and new products have improved sales and earnings trends. Meanwhile, younger, more speculative firms continue to garner significant attention with potential blockbuster products working their way through the regulatory process. The Bedford Report examines the outlook for companies in the Biotechnology Industry and provides research reports on XenoPort, Inc. (NASDAQ: XNPT) and Zalicus, Inc. (NASDAQ: ZLCS). Access to the full company reports can be found at:

IMS Health, a leading research and analytical firm serving the pharmaceutical and medical industries, projects an increase in worldwide biotech growth in 2011 of between 5 and 7 percent, with a similar outlook stretching out to 2015. Emerging markets such as China, India, and Brazil are expected to contribute significantly to this growth. Sales growth of 15 percent is forecast in emerging markets, many of which are benefitting from increased government spending on healthcare and broader private health coverage for workers.

The Bedford Report releases regular market updates on the Healthcare Sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.

Earlier this month shares of XenoPort skyrocketed after the US Food and Drug Administration approved the company's treatment of Restless Legs Syndrome. XenoPort and its partner in commercialization, health care group GlaxoSmithKline, said the lead drug is under the trade name Horizant. XenoPort's technology modifies an existing generic drug to help patients' bodies better absorb it.

Horizant is XenoPort's first FDA approved drug, and the company faced challenges in getting FDA approval. It had to lay off about half its staff in the process.

Zalicus is a biotech firm that focuses on pain and inflammation. The company plans to advance its arthritis drug Synavive into mid-stage trials in the second quarter.

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