QUOTE AND NEWS
SeekingAlpha  May 6  Comment 
Sagent Pharmaceuticals Inc (SGNT) Q1 2014 Earnings Conference Call May 06, 2014 09:00 AM ET Executives Jim Polson – Senior Director, Strategic Communications, FTI Consulting Jeffrey M. Yordon – Chairman and Chief Executive...
Benzinga  Apr 21  Comment 
Sagent Pharmaceuticals, Inc. (Nasdaq: SGNT) today announced the reintroduction of Adenosine Injection, USP, an antiarrhythmic agent, now in improved prefilled plastic syringes. According to IMS, for the 12 months ending February 2014, the US...
StreetInsider.com  Mar 31  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Sagent+Pharma+%28SGNT%29+Launches+Adenosine+Injection+USP/9330695.html for the full story.
Reuters  Mar 13  Comment 
Generic injectable drugs maker Sagent Pharmaceuticals Inc is looking to shore up its portfolio with deals worth up to $500 million, as rampant manufacturing issues and quality concerns...
Benzinga  Feb 12  Comment 
In a report published Wednesday, Morgan Stanley analyst David R. Lewis reiterated an Equal-Weight rating on Sagent Pharmaceuticals (NASDAQ: SGNT). In the report, Morgan Stanley noted, “The '14 outlook was lighter than our below- consensus...
StreetInsider.com  Feb 12  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/RBC+Capital+Upgrades+Sagent+Pharmaceuticals+%28SGNT%29+to+Sector+Perform/9156547.html for the full story.
SeekingAlpha  Feb 11  Comment 
Call End: Sagent Pharmaceuticals Inc. (SGNT) Q4 2013 Results Earnings Conference Call February 11, 2014 9:00 a.m. ET Executives Jeffrey M. Yordon – Chairman & Chief Executive Officer Jonathon M. Singer – Chief Financial...
StreetInsider.com  Feb 11  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Sagent+Pharmaceuticals%2C+Inc.+%28SGNT%29+Tops+Q3+EPS+by+12c%3B+Guides+FY14+Revs/9149405.html for the full story.
Benzinga  Feb 7  Comment 
In a report published Friday, Bank of America Merrill Lynch analyst Gregg Gilbert upgraded Sagent Pharmaceuticals (NASDAQ: SGNT) from Neutral to Buy and lowered the price target from $26.00 to $25.00 noting favorable risk-reward on the stock's...
StreetInsider.com  Feb 7  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/BofAMerrill+Lynch+Upgrades+Sagent+Pharmaceuticals+%28SGNT%29+to+Buy/9137898.html for the full story.




 
TOP CONTRIBUTORS

Sagent Pharmaceuticals (NASDAQ:SGNT) is a pharmaceutical company which sells injectable drugs. Sagent focuses on the generic injectable market in particular. In addition to selling and marking the drugs, Sagent also develops them and brings them through the Food and Drug Administration (FDA) approval process. With its first drug approved in 2007, Sagent has had an increasing number of drugs approved from then until is IPO.[1]

Sagnet focuses on developing generic drugs and therefore uses the Abbreviated New Drug Application (ANDA) process with the FDA. This process consists of the approval of an existing drug but simply in its generic form. Because they are the generic form of an existing drug, the approval process generally does not require the preclinical (animal) and clinical (human) trials. Instead, they must demonstrate similarity to the existing drug. By going through the ANDA process, the rate of approval is far greater and the intensity of research is lower for Sagent. However, the company may only apply for an ANDA when the patent on the non-generic version has expired.[2]

The company's initial public offering of stock on the NASDAQ occurred on April 19, 2011. The company offered 5.8M shares each for $16. This was at the high end of the initial price range of $14-$16. This brought the total deal size to $92M. The lead underwriters of the deal were Morgan Stanley (MS), Bank of America (BAC), and Jefferies Group (JEF).[3]

For the full year 2010, Sagent reported a total revenue of $74M. This was a substantial increase over the total revenue of $29M in 2009. However, the company reported a net loss for 2010 of $24.5M.[4]

References

  1. SGNT S-1/A 2011 PROSPECTUS SUMMARY "Overview" pg 1
  2. SGNT S-1/A 2011 PROSPECTUS SUMMARY "Our Competitive Strengths" pg 3-5
  3. Renaissance Capital - IPO Home "Sagent Pharmaceuticals prices upsized IPO at $16, high end of the range" 20 April 2011
  4. SGNT S-1/A 2011 PROSPECTUS SUMMARY "SUMMARY HISTORICAL CONSOLIDATED FINANCIAL DATA" pg 9
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