DALLAS, Oct. 27, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring biotechnology company Discovery Laboratories Inc. (Nasdaq:DSCO). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The investment report on Discovery Laboratories Inc. (Nasdaq:DSCO) should be of particular interest to biotechnology companies: Abbott Laboratories (NYSE:ABT), Forest Laboratories Inc. (NYSE:FRX) and Life Technologies (Nasdaq:LIFE).
It is available at: http://www.beaconequity.com/i/DSCO
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Discovery Laboratories Inc. (DSCO) is a biotechnology company engaged in the development of novel Surfactant Replacement Therapies (SRTs) for the treatment of respiratory disorders and disease. The Company's product platform addresses respiratory deficiencies and disease, including respiratory distress syndrome (RDS), bronchopulmonary dysplasia (BPD), acute respiratory failure (ARF) and acute lung injury (ALI). The Company's precision-engineered, peptide-containing pulmonary surfactant technology mimics pulmonary surfactant functions in humans.
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In the report, the analyst notes:
"Following rapid growth rates from 2004 to 2008, drug sales of respiratory related conditions are expected to reach $23 billion by 2018, according to The Datamonitor Group, while the most recent statistics for the global market potential of the Company's KL4 Surfactant drug therapy could be administered to approximately 45,000 children suffering from RDS in the United States; outside the states, the potential market could reach more than 100,000.
"On September 30, the Company announced that its meeting with the FDA resulted in an understanding that the Company's optimized quality-control test of lung drug Surfaxin is a 'reasonable' approach toward approval. The FDA also offered guidance to the Company regarding its proposed limited clinical trial design."
To read the entire report visit: http://www.beaconequity.com/i/DSCO
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