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PDL BioPharma Inc. Review of 3Q 2016 Results and Forward Outlook

NEW YORK, NY / ACCESSWIRE / January 31, 2017 / Traders News Source, an equity research firm specializing in small and micro-cap securities, is looking at recent events with PDL BioPharma Inc. (NASDAQ: PDLI). It derives most of its revenue from licensing royalties and patents. PDL announced results for the third quarter on November 3rd, 2016, which was lower than consensus expectations. The company reported revenue of $53.6M, which declined over 57% on a YoY basis, mainly due to continued expiration in long term royalty agreements. The company is attempting to revive itself by providing financing at favorable terms to smaller companies that are working on promising healthcare solutions.

Our full report looks at the steps PDLI could take to recoup falling
revenues READ HERE

(Copy and paste to your browser may be required- http://bit.ly/2joBATr-PDLI-Report)

In the recent past, PDL has emerged as a healthcare-focused finance company & is focusing on investing in royalty streams, providing high-yield financing to life science companies with near-term product launches as well as through purchase of approved drugs to be sold on a high margin basis. This allows investors to gain exposure in healthcare through a relatively low-risk, diversified vehicle. The company has investments in a few royalty and debt investments. PDL completed its first equity transactions in July 2016 with Noden Pharma DAC. Noden Pharma is a specialty pharmaceutical company based in Dublin, Ireland, and with affiliated U.S. operations. It focuses on acquiring and optimizing established medicines.

What near term events might impact the stock
price of PDLI? Read our full report READ HERE

(Copy and paste to your browser may be required- http://bit.ly/2joBATr-PDLI-Report)

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SOURCE: Traders News Source

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