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Targacept 
EvaluatePharma® delivers unique insight into the past and future performance of companies in the pharmaceutical and biotechnology sector, in a user-friendly, online subscription service.

A small selected sample of reports and related news headlines for Targacept are available below. Free sample reports are also available for other Companies.

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CONSENSUS FORECASTS ($US mln) -  Sales Forecasts available to EvaluatePharma Subscribers

  Annual Sales WW - Sales Growth per Year (%)
  Rank Product Generic Name Pharmacological Class 2006 2007 2007
Targacept 1 Inversine mecamylamine Alpha 4 & beta 2 nicotinic agonist 1 1   (12%)  
 
  Note: Shaded Cells  

PIPELINE ANALYSIS - Sales Forecasts available to EvaluatePharma Subscribers

 
  Rank Product Therapeutic Category Therapeutic Subcategory Pharmacological Class Phase (Current)
Targacept - AZD3480 (TC-1734) Central Nervous System Nootropics Alpha 4 & beta 2 nicotinic agonist Phase II
  - TC-5214 Central Nervous System Anti-depressants Alpha 4 & beta 2 nicotinic agonist Phase I
  - TC-2216 Central Nervous System Anti-depressants Alpha 4 & beta 2 nicotinic agonist Phase I

FINANCIAL DATA ($US mln) - Forecasts available to EvaluatePharma Subscribers

Targacept
  2005 2006
 Valuation Measures
  Based on Latest Share Prices
     Valuing the Equity
       Market Capitalisation 193 193
       PE Ratio (diluted) - Normalised (x) (0.1) (85.2)
 
     Valuing the Enterprise
       Enterprise Value 78 78
       Free Cash Flow (Pre-Dividends) (26) (11)
       FCF Yield (%) (33.9%) (14.1%)
 
 Forecast Financials
  Income Statement
     Total Revenues 1 28
     Cost of Goods Sold 0 0
     S,G & A (6) (6)
     R&D (24) (22)
     Other Income/ Expense - Net 0 0
     EBIT - Normalised (30) 0
     Net Interest & Financial Items 1 3
     Pre-tax Profits - Normalised (29) 2
     Income Before Taxes (29) 2
     Tax 0 0
     Tax Rate (%) 0.0% 0.0%
     Preferred Dividends (11) (3)
     Net Income - Reported (40) (1)
     Net Income - Normalised (40) (1)
 
  Per Share Data
     EPS - Diluted (153.54) (0.09)
     EPS - Basic (153.54) (0.09)
     EPS - Normalised (diluted) (153.54) (0.09)
     EPS - Normalised (basic) (153.54) (0.09)
     Avg. Shares Outstanding - Diluted 0.3 13.6
     Avg. Shares Outstanding - Basic 0.3 13.6
     DPS 0.00 0.00

NEWS - Selected Product News Headlines (as of 11 June 2008)

Targacept and AstraZeneca Initiate Clinical Trial of AZD3480 in Adult ADHD   (Targacept)   10-Jun-2008
Targacept Announces Designation of Lead Compound in Smoking Cessation Program   (Targacept)   05-May-2008
Targacept Initiates Clinical Development of TC-5214 as Augmentation Therapy for Major Depressive Disorder   (Targacept)   17-Mar-2008
Targacept to Receive $6 Million from GlaxoSmithKline for Initiation of Phase I Trial of Neuropathic Pain Candidate   (Targacept)   10-Dec-2007
Targacept Announces Results of Phase II Study of TC-2696 in Postoperative Dental Pain   (Targacept)   03-Dec-2007
Targacept Announces Plans to Develop Enantiomer of Mecamylamine as Augmentation Therapy for Depression   (Targacept)   23-Oct-2007
Targacept Announces Initiation of Phase IIb Development of AZD3480 (TC-1734) for Cognitive Deficits in Schizophrenia   (Targacept)   23-Aug-2007
Targacept Initiates Phase I Clinical Trial of TC-5619   (Targacept)   26-Jul-2007
Targacept Presents Data from TRIDMAC™ Trial Showing Positive Effects of Mecamylamine as Augmentation Treatment for Depressed Patients   (Targacept)   24-Jul-2007
Targacept Announces Initiation of Phase IIb Development of AZD3480 (TC-1734) for Alzheimer’s Disease   (Targacept)   23-Jul-2007

IN-DEPTH COMPETITIVE INTELLIGENCE AVAILABLE ON

 
  Product Generic Name
Targacept AVE-3183 (TC-4959) -
  AZD3480 (TC-1734) ispronicline
  Cognitive Disorders product -
  Inversine mecamylamine
  Mecamylamine hydrochloride mecamylamine
  Obesity project -
  Parkinson's Disease Project -
  Smoking Cessation project -
  TC-2216 -
  TC-2403 rivanicline galactarate
  TC-2696 -
  TC-5214 -
  TC-5231 mecamylamine
  TC-5619 -
  TC-6499 -
 
EvaluatePharma® provides historic and forecast sales from 1986 to 2012 for worldwide and US Rx (prescription drugs) and OTC drugs. EvaluatePharma® analysts continuously update company models from SEC filings, annual reports, investor/analyst presentations, company press releases, FDA and USPTO. Consensus forecasts for marketed and emerging products are built-up using recent research reports from top equity analysts.

Analyse pharma and biotech products by market status or development phase (e.g., preclinical, phase I, phase II, phase III, filed, approved, withdrawn, disposed etc), therapeutic category, product sourcing strategy, patent expiry and patent life remaining, originator, technology, indication, pharmacological class, deal dates, deal types and partners, launch dates, FDA approval data and new molecular entity (NME) age - plus many more data items and analytics unique to EvaluatePharma®.

Aggregations of these measures at a high-level means that companies may be ranked against each other on items such as: market capitalization, patent risk, R&D spend, freshness index, sales strategy (inlicensed vs organic sales), sales by therapy area or technology and various other concentration measures. These aggregations make EvaluatePharma® ideal for competitive benchmarking, ranking and Peer Group analysis.

Note: When a merger or acquisition is agreed, a virtual merged Company will be added to the list of available Company reports. Any information presented for a virtual merged company is for illustrative purposes, only.

Source: EvaluatePharma ® Generated at 14:22:08 (GMT) on 11-Jun-2008 © 2008 EvaluatePharma Ltd