DALLAS, Sept. 24, 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 pertinent 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 other biotechnology companies: Abbott Laboratories (NYSE:ABT), Forest Laboratories Inc. (NYSE:FRX) and Amgen Inc. (Nasdaq:AMGN).
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 is expected to reach $23 billion by 2018, according to The Datamonitor Group; 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 United States, the potential market could reach more than 100,000.
"If approved by the U.S. Food and Drug Administration (FDA), the market for the Company's drug candidate Surfaxin could reach more than $1 billion at its market saturation. Surfaxin has cleared phase III clinical trials, with the prospects of reaching commercialization reaching approximately 90% following final approval from the FDA."
To read the entire report visit: http://www.beaconequity.com/i/DSCO
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