DALLAS, June 15, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring K-V Pharmaceutical Co. (NYSE:KV-A). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
K-V Pharmaceutical Co. (KV-A) is a fully integrated specialty pharmaceutical company that develops, manufactures, acquires and markets technologically-distinguished branded and generic/non-branded prescription pharmaceutical products. Its strategic goal is to become a specialty branded pharmaceutical marketing company primarily focused on women's healthcare. The Company conducts its branded pharmaceutical operations through Ther-Rx and, previously, it conducted its generic/non-branded pharmaceutical operations through ETHEX, which focused principally on technologically-distinguished generic products. In May 2010, the Company formed a wholly-owned subsidiary, Nesher, to operate as the sales and marketing company for its generic products. The Company expects to complete a divestiture of Nesher and the Company's generics business by the end of calendar year 2011.
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In the report, the analyst notes:
"Shares of KV-A dropped more than 22% to close Tuesday at $2.52, a day after the drug developer announced the filing of its form 10-K for its fiscal year ended March 31, 2010, with the Securities and Exchange Commission. About 3.99 million shares have traded hands during the session, versus the 10-day average volume of 1.86 million.
"KV-A reported an increase of $18.2 million in net revenues for the fiscal year ended March 31, 2011, a 200.2% improvement over the previous year. The Company attributed the increase to $13.7 million of net revenues recorded in fiscal year 2011 related to the initial launch of Makena."
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