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SAN DIEGO, Feb. 15, 2012 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO - News) today announced the completion of an underwritten public offering of 7,820,000 shares of its common stock, including 1,020,000 shares sold pursuant to the full exercise of an over-allotment option previously granted to the underwriter. All of the shares were offered by Halozyme at a price to the public of $10.61 per share. The proceeds to Halozyme from this offering were approximately $81.8 million, after deducting the underwriting discounts and commissions but before expenses. The Company anticipates using the net proceeds from the offering to build commercial inventory for anticipated product launches, fund research and development of proprietary programs, and for general corporate purposes. Barclays Capital Inc. acted as the sole book-running manager for the offering.

(Logo: http://photos.prnewswire.com/prnh/20100302/LA63139LOGO)

The shares described above were offered by Halozyme, pursuant to a shelf registration statement on Form S-3ASR filed with the Securities and Exchange Commission (the "SEC"), and automatically declared effective on February 9, 2012. A final prospectus supplement relating to the offering was also filed with the SEC.

Copies of the final prospectus supplement and accompanying prospectus may be obtained free of charge by visiting EDGAR on the SEC website at http://www.sec.gov. Alternatively, you may obtain a final prospectus supplement from the offices of Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717; Barclaysprospectus@broadridge.com (phone: 888-603-5847).

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor will there be any sale of these securities in any state in which such offer, solicitation or sale is not permitted.

About Halozyme
Halozyme Therapeutics is a biopharmaceutical company dedicated to developing and commercializing innovative products that advance patient care. With a diversified portfolio of enzymes that target the extracellular matrix, the Company's research focuses primarily on a family of human enzymes, known as hyaluronidases, that increase the absorption and dispersion of biologics. Halozyme's pipeline addresses therapeutic areas, such as diabetes, oncology and dermatology that have significant unmet medical need. The Company markets HYLENEX® recombinant (hyaluronidase human injection) and has partnerships with Roche, Baxter, ViroPharma and Intrexon. Halozyme is headquartered in San Diego, CA. For more information on how we are innovating, please visit our corporate website at http://www.halozyme.com.

Safe Harbor Statement
In addition to historical information, the statements set forth above include forward-looking statements (including, without limitation, statements concerning the public offering) that involve risk and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. The forward-looking statements are also identified through use of the words "believe," "enable," "may," "will," "could," "intends," "estimate," "anticipate," "plan," "predict," "probable," "potential," "possible," "should," "continue," and other words of similar meaning. Actual results could differ materially from the expectations contained in forward-looking statements as a result of several factors, including regulatory approval requirements and competitive conditions. These and other factors that may result in differences are discussed in greater detail in Halozyme's reports on Forms 10-K, 10-Q, and other filings with the Securities and Exchange Commission.  Halozyme undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in Halozyme's expectations.

 

Media/Investor Contact:
Anne Erickson
Executive Director
Halozyme Therapeutics
858-704-8264
aerickson@halozyme.com

 

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Halozyme Announces Exercise in Full of Over-Allotment Option and Completion of Public Offering of Stock

Some insurers and companies are recognizing that preventative health incentives can potentially save lives--and their bottom line.

There's evidence of continued, if slow, growth in this trend in a recent survey from gym chain Anytime Fitness, which keeps its doors open at odd hours to inspire more workouts. Anytime Fitness members, across its some 1,500 U.S. gyms, received nearly $4 million in health insurance reimbursements for working out 12 or more times per month in 2011. That's up $1 million from 2010, the company's second "Weight of the Union" survey showed.

[See 10 Workplace Myths, Debunked.]

"We are seeing an increase by both health insurance providers offering this benefit to employees and employees taking advantage of these programs that pay them to exercise," says Heidi Holiday, national director of Healthy Contributions, a fitness incentive consultant and administration company.

There's incentive for all sides to shell out a little more upfront and potentially cut treatment costs later. The U.S. Centers for Disease Control and Prevention, working with the Johns Hopkins Bloomberg School of Public Health, says that without change, some 86 percent of Americans could be overweight or obese by 2030. That means $1 out of every $6 in healthcare costs will be due to heavy Americans.

New image. In one example, insurer Aetna has rebranded itself as a "health-solutions company," a sign of the industry shift toward balancing prevention and treatment. Part of the rebrand involves more direct-to-consumer marketing, and Aetna-sponsored, employer-run incentives such as discounted gym memberships, according to marketing trade publication Ad Age.

One insurer is combining the daily deal coupon craze with healthier lifestyle choices. In February, Blue Cross and Blue Shield rolled out its Blue365 program for some 35 million eligible members. The plan offers discounts on services such as Snap Fitness gym memberships, eDiets.com meal delivery, and Reebok running shoes.

The economic argument is one way to draw more attention to the epidemic. Employment consultancy Towers Watson reports that employers have seen a 36 percent increase in healthcare costs over the past five years.

[See 8 Danger Signs When You're Job Searching.]

"High rates of chronic diseases, like diabetes and heart disease, are among the biggest drivers of U.S. healthcare costs and they are harming our nation's productivity," said Jeff Levi, executive director of the Trust for America's Health, commenting in a report called "Healthier Americans for a Healthier Economy." "Workplace wellness and community prevention programs are a win-win way to make a real difference in improving our health and bottom line all at once," he said.

Some companies are acting independent of their insurance plans. Gyms on company premises and lunchtime meetings for Weight Watchers or other programs are not new, but these are benefits many companies kept up even in a tough economic climate--some because they're beginning to penalize out-of-shape employees through higher insurance premiums.

Carrot and Stick. Some companies are taking a different avenue. Preventative healthcare choices are required at some firms, and if they're skipped, employees pay up.

For Cleveland Clinic's 29,000 employees, more than half have enrolled in the company's Healthy Choice plan since 2010, taking advantage of weight management seminars, yoga classes, and more. To draw more participation, the healthcare system, among the top cardiac treatment destinations, is changing the stakes--a potential 21 percent jump in insurance premiums for unhealthy employees.

[See 10 Ways to Make Any Job Healthier.]

Employees who sign up for Healthy Choice agree to see a doctor to determine whether they are at a healthy weight and whether they have one or more chronic health conditions, such as asthma, diabetes, obesity, high cholesterol, or high blood pressure; or if they are a smoker. If necessary, individualized goals are set. If the employee is deemed to be at a healthy weight and falls into none of these disease categories, they can avoid the premium hike with participation in Healthy Choice and frequenting a clinic fitness center, or clinic partner Curves, or by joining the clinic's walking program.

It's hard to find fault with growth in gym and diet-plan benefits coverage (or even, ultimately, with the stick method, given the high-risk national situation). But some critics worry that preventative medicine expense could potentially cannibalize other coverage and care in the short run.

When it comes to seniors and gym incentives, the debate has intensified after the release of a Brown University study in the New England Journal of Medicine earlier this year.

Study findings show that covered gym benefits through select options may be helping Medicare draw healthier seniors to its membership pool and thus lower its overall costs.

[See our list of the 50 Best Careers.]

Cost-cutting can be a positive development, sure. But critics note that Medicare strictly forbids practices such as denying coverage based on existing conditions. Study writers acknowledged that if every plan offered the fitness benefits, it would no longer be an effective way of selecting for the healthiest members. However, until that day and given the continued incentives to take on more profitable enrollees, insurers may employ other related tactics to cherry-pick desirable enrollees. As healthier participants are corralled in certain plans, the cost burden on enrollees and taxpayers to cover the traditional Medicare format, where participants have greater needs, is higher.

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Employees Get Paid to Exercise, While Some Pay to Sit Out

SAN DIEGO, Feb. 13, 2012 /PRNewswire/ -- Fitness industry experts Natalie Digate Muth, MD, MPH, RD; Michael R. Mantell, Ph.D., and Chris McGrath, MS, CPT, LWMC, join the team of fitness experts at the American Council on Exercise (ACE), America's leading authority on fitness and the world's largest nonprofit fitness and personal trainer certification, continuing education and training organization.  The addition of Mantell, Muth and McGrath as senior consultants to ACE is part of the organization's ongoing efforts to inspire, motivate and encourage people to make physical activity an integral part of their everyday lives with an end goal of reversing the obesity epidemic affecting millions of Americans.

"At ACE, we are collaborating with the top experts in the industry to improve fitness literacy for professionals and fitness seekers alike," said ACE CEO Scott Goudeseune.  "Muth, Mantell and McGrath bring more than 50 years of combined industry experience and a wealth of knowledge on topics from nutrition and wellness to training and injury prevention, and everything in between." 

Muth joins ACE as a Senior Fitness Consultant focusing on nutrition and weight management.  She will contribute to ACE's vast continuing education and certification programs, and provide nutrition and weight management content for ACE's educational materials. An ACE-certified Personal Trainer and Group Fitness Instructor, Muth is a pediatrics resident at UCLA Mattel Children's Hospital, a registered dietitian and Board-Certified Specialist in Sports Dietetics (CSSD).

Mantell, an internationally recognized thought leader in the fitness industry, joins ACE as Senior Fitness Consultant on Behavioral Sciences. In this position, he'll provide counsel on the latest findings in health behavioral psychology to optimize overall wellbeing.  Since earning his doctorate at the University of Pennsylvania, Mantell has coached world-class athletes and fitness enthusiasts for performance enhancement and consults with major fitness companies and organizations throughout the country.  He is a two-time best-selling author appearing regularly on radio and television.

McGrath, founder and operator of Movement First, a New York City-based fitness education, consulting, and training organization, brings more than 20 years of fitness experience to ACE in his position as Senior Fitness Consultant. He specializes in a variety of training and coaching modalities, including sports performance, injury prevention, post-rehabilitation and lifestyle/wellness coaching. McGrath will assist ACE in the education of personal trainers, group fitness instructors, and other fitness professionals on the proper movement patterns for safe and effective training so that they may pass this knowledge on to their clients.  He is an international lecturer, educator, and consultant for some of the most successful fitness organizations in the world including Functional Movement Systems, TRX, Reebok, Star Trac, EA Sports Active and numerous others.  He holds a Master of Science in exercise science from California University in Pennsylvania, a Bachelor of Science in health education from Western Connecticut State University and has numerous training and coaching certifications.

"As the fitness continuum continues to evolve to include overall health and wellness, ACE is also expanding with new thought leadership to help meet the growing needs for enhanced professional education as well as greater public education and access to fitness services," said American Council on Exercise's Chief Science Officer, Cedric X. Bryant, Ph.D.  "The depth and diversity of experience that all our fitness experts possess is a powerful asset in helping us have a meaningful impact on the physical activity, nutrition, and lifestyle habits of Americans."

For more information on the various educational resources that ACE provides to more than 50,000 dedicated fitness professionals, visit http://www.acefitness.org/getcertified.    

About ACE
The American Council on Exercise (ACE), America's premier fitness and personal trainer certification, continuing education, and training organization, is a nonprofit organization dedicated to promoting the benefits of physical activity and protecting Americans against unsafe and ineffective fitness products and instruction.  ACE sponsors university-based fitness and exercise science research studies and is the world's largest nonprofit fitness certifying organization.  For more information on ACE and its programs, call (800) 825-3636 or visit the ACE website at http://www.acefitness.org.  AMERICAN COUNCIL ON EXERCISE, ACE and the ACE logos are Registered Trademarks of the American Council on Exercise.

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American Council on Exercise Adds Three Senior Fitness Consultants

Nearly one-third of South Carolinians don’t get any regular exercise and nearly one-third of the state’s population feels stressed, but the two conditions aren’t necessarily related.

Those are among the results from health-related questions in the latest Winthrop Poll, which for the most part backed what state health officials have been saying for years. Despite some recent improvements, South Carolina has too many physically inactive people, too many who don’t eat right and too many who don’t get care when they’re sick.

For instance, 68.5 percent of the poll respondents said they had done strenuous exercise in the past month, including 29.4 percent who exercise two of fewer times a week, 25.9 percent who exercise three to five times a week and 11.6 who exercise more than five times a week. That’s all good, but 31.2 percent said they hadn’t exercised in the previous month.

“To me, the more telling part of it is the number who said no, who said that they had done no vigorous exercise in the past month,” said Russ Pate, a USC exercise science professor who has served on several national physical activity task forces. “That’s higher than you see in national surveys, and that’s alarming.”

In another survey cited by the Centers for Disease Control and Prevention, about 27 percent of South Carolinians in 2007 reported they didn’t exercise routinely. The lack of exercise often is listed among the reasons for the rapid rise in the number of overweight and obese people in the state, now up to one-third of the population.

“Preaching (about the importance of exercise) is not enough to get this to change,” Pate said. “What needs to change is our communities. If people have good access to exercise options, they’re more likely to be active.”

Building more sidewalks and walking trails would help, as would employers setting up programs that encourage workers to be more active, Pate said. The national exercise guideline is 30 minutes daily, and it doesn’t have to be strenuous. Taking your dog on a long walk would fit the guidelines.

Bryan Madden, CEO of the YMCA of Columbia, believes 10 percent of the population wouldn’t exercise even if they lived in a YMCA building. Another 10 percent are so fanatical they would exercise if they were dropped in the middle of a desert. The key is get the other 80 percent to find some form of exercise that connects with them, Madden said. If they enjoy doing it, they’ll keep doing it.

And if they can stick to a moderate exercise program, they might even see their stress rate drop. One-third of respondents in the Winthrop Poll said they felt stressed for much of the previous day. But among those who exercised three to five times a week, the stress level dropped to 25 percent. Oddly, those who exercise only two or fewer times and those who exercise strenuously five times or more per week didn’t see a similar drop in stress.

The other function in the good-health equation is eating right, and more than half the respondents (56 percent) to the Winthrop Poll said they had eaten healthy the entire previous day. Of course, almost half of the respondents (43.3 percent) admitted not eating right, and that group is probably being more honest with themselves than the self-professed healthy eaters.

“People tend to think that their diet is better than it is,” said Brie Turner-McGrievy, an assistant professor in the USC Department of Health Promotion, Education and Behavior. “They don’t know they’re eating too much sodium. They don’t know they’re eating too much fat. If you analyze their diet, you see it’s not as healthy as they think.”

Educating people on healthy options is important. Considering the obesity rate in the state, “obviously we’re not doing something right,” Turner-McGrievy said.

With all health issues, the economic component can’t be ignored. The Winthrop Poll found 23.4 percent of respondents felt they couldn’t afford healthy meals. Also, 13.2 percent said they had no health insurance. The latter number, however, is an improvement. A national survey in 2009 indicated 17 percent of South Carolinians didn’t have health insurance. Some of the change can be attributed to the federal Affordable Care Act.

“Medicaid numbers have grown tremendously,” said Jeff Stensland, spokesman for the S.C. Department of Health and Human Services, which administers Medicaid in the state. “It’s up to almost 1 million patients every month. That used to be the yearly numbers, now it’s monthly numbers.”

Still, many aren’t seeing doctors when they need them, with 31 percent of respondents in households making less than $40,000 annual income saying the cost of care had kept them from seeking care in the past year.

The numbers of those who can’t afford care might go down, and the numbers on the Medicaid books are expected to go up in 2014 when new provisions of the Affordable Care Act covering childless adults kick in, Stensland said.

Winthrop Poll - questions and answers

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Stress, poor diet, lack of exercise plague state

Public release date: 8-Feb-2012
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Contact: Lauren Pearson Riley
pearson@aaos.org
847-384-4031
American Academy of Orthopaedic Surgeons

SAN FRANCISCO ? The benefits of exercise in minimizing pain and improving mobility for individuals living with osteoarthritis has been well documented.

In a new study presented today at the 2012 Annual Meeting of the American Academy of Orthopaedic Surgeons (AAOS), 107 individuals with diagnosed osteoarthritis in the knee were randomized to either a DVD-based exercise group, or a control group. The "DVD" group received a DVD-based exercise program, as well as verbal and hands-on exercise instructions, for the first four to eight weeks. The individuals in both groups were evaluated at three, six and 12 months.

Participants in the exercise group reportedly exercised 5.3, 5.0 and 3.8 times per week at three, six and 12 month intervals. The improvements in pain and physical function were significantly greater in the DVD group than the control group at all intervals. However, there were no significant differences between the two groups in osteoarthritis progression.

Video-based home exercise programs can enhance adherence to a prescribed exercise program, can reduce pain, improve physical function, and improve life quality in patients living with knee osteoarthritis.

###

About the AAOS

With more than 37,000 members, the American Academy of Orthopaedic Surgeons, (www.aaos.org) or (www.orthoinfo.org) is the premier not-for-profit organization that provides education programs for orthopaedic surgeons and allied health professionals, champions the interests of patients and advances the highest quality of musculoskeletal health. Orthopaedic surgeons and the Academy are the authoritative sources of information for patients and the general public on musculoskeletal conditions, treatments and related issues. An advocate for improved care, the Academy is participating in the Bone and Joint Initiative (www.usbjd.org), the global initiative to raise awareness of musculoskeletal health, stimulate research and improve people's quality of life. The Academy's 2012 Annual Meeting is being held February 7 - 11, 2012 at the San Francisco Moscone Center in San Francisco (www.aaos-annualmeeting-presskit.org).

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Video-based home exercise can minimize osteoarthritis pain, improve mobility

n Start out by setting an attainable goal

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Now?s the time to put exercise on your agenda. Right now!Getty Images/Comstock Images

February 08, 2012 2:00 AM

Being successful is all about goal setting.

We know from experience that we are more likely to succeed if we lay out a plan.

So it goes for exercising and weight loss.

Simply waking up each day with the idea that you are going to exercise isn't going to get you into shape or shed any pounds.

Be honest, without a true goal, it is more likely that at the end of the day you will find yourself right back on that couch having not exercised a minute.

That is why each and every one of the plethora of weight loss and exercise programs holds you accountable.

Right up front each program, whether it be Weight Watchers or a smart phone application, sets realistic, customized goals for the individual.

If someone ideally wants to lose 20 pounds, these programs will set that person on a path to losing the first five.

Using the Internet, the smart phone or even attending in-person meetings, the structure for eating less and exercising more will be targeted toward an individual's goals.

In essence, getting healthier isn't any different than aspiring to getting into a college of your choice or finding that dream job.

Each and every time we set a goal, something that is specific, measurable and achievable, often in a certain time-frame.

Success is attainable.

Like anything, it simply takes work and staying with the plan.

What makes it easier these days is that there are so many ways you can achieve your goals.

Look around, do a little research, figure out what set of goals would work best with your schedule and be the most realistic for your lifestyle.

If you know you won't run two miles every day, don't sign on for an exercise program that can only be achieved by doing so.

Thanks to modern technology — which can count each and every calorie eaten, as well as expended — there is almost no guesswork.

Take a walk, strap on a pedometer. Run the treadmill, chances are it will calculate everything from calories expended to how fast you went up and down the imaginary hills.

Honestly, the goal-setting couldn't be any easier.

The key is to rely on all of the tools that are made available to us today.

Want to know how many calories in that fast food meal you ate or are thinking of eating? Look it up on the Internet or the smart phone.

Or maybe you'd like to help your child become more active. Employ that video game system that has kept them on the couch. There are a myriad of games which offer off-the-couch activities like dancing, running, anything they might be interested in.

Ask them if they would like to try a recreational program or team. Most communities offer not only school-based sports but activities through local recreational departments and YMCAs.

Take a walk or a hike with your child this weekend or during the upcoming school vacation. Bring them skiing or skating.

The goal is to put exercise on everyone's agenda.

After all, there is no disputing that each person would benefit from at least 30 minutes of activity or exercise at least five days a week.

That doesn't seem like much. In real-life terms, it's the time it takes to watch that television show, surf the Internet or check up on your Facebook.

But it is widely agreed upon that those who manage to fit that 30 minutes of exercise in not only are healthier but are likely to be more fit and live longer.

Certainly with outcomes such as that, it seems worthwhile to set our goals today.

Use that smart phone, computer or even a paper calendar, to begin setting aside specific times and activities for getting some exercise.

If you set those goals today, and stick to them, it is likely to make all the difference tomorrow.

If you have an idea for a profile of a person or program for "Get Off the Couch," contact Rachel Collins at Rcollinsme@gmail.com.

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Get Off the Couch: Put exercise on your agenda

29-01-2012 14:32 Welcome to Gail Abbey Fitness. I am a personal Training studio owner in Lichfield staffordshire where I run 1 2 1 and small group fitness sessions. From weight loss programs , rehab post operative, beginners exercise programs Yoga, running, pilates courses.We offer sports massage and holistic therapies and our passion is caring for your fitness.mail gail@sospagreece.com http://www.gailabbey.com http://www.sospagreece.com.for a free fitness consultation..do it now!

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Fitness and Personal Training with Gail Abbey - Video

02-02-2012 13:07 the lemonade diet nicholekellerman.com Short, sweet, and to the point in this email nk. I am up to my ears in applications! Yep, I am in the works of hiring my first assistant! With all the great things I have planned for my business, (which includes getting YOU results) I'm going to need a right hand woman! Yeah baby, exciting stuff! In this weeks episode of Nichole TV I am talking about something that hits very close to home. My struggle with being a "diet victim". (Definition of a "diet victim" Someone who has tried multiple diets/fitness programs and always ends up back at point A) I have tried it ALL and in this video I show you step-by-step how to free yourself from the "dieting mindset" once and for all. Now is the time to liberate yourself from those paralyzing thoughts about food, your weight, what to ware, exercise, being fat....and the list goes on... Check Out The Video NOW (Nice scenery huh? This was filmed at my new personal training facility...beautiful!) In the comments section I want to hear your struggles of being a "diet victim", I have tools to help you! Comment now for some one-on-one support from ME! Sending you so much love, Nichole Kellerman nicholekellerman.com PS Enrollment for my 6 Week Weight Loss Success Group Program (aka 6 Week Women's Weight Loss Challenge) is now OPEN! Spots are limited, I want to keep things nice and intimate. Reply this email if you have any questions about it! the lemonade diet, lemonade diet, lemon diet, lemon juice ...

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Ditch (the lemonade diet) - Video

06-02-2012 09:27 Check out this cool app and learn guitar - howc.st Learn how to do the plank and variations, part of an easy core workout for women, in this fitness video. Expert: Erin Sharoni Subscribe to Howcast YouTube Channels: Howcast Main Channel - howc.st Howcast Video Games Channel - howc.st Howcast Tech Channel - howc.st Howcast Food Channel - howc.st Howcast Arts and Recreation Channel - howc.st Howcast Sports and Fitness Channel - howc.st Howcast Personal Care and Style Channel - howc.st Howcast empowers people with engaging, useful how-to information wherever, whenever they need to know how. Emphasizing high-quality instructional video production, Howcast brings you leading experts and accurate, reliable information on topics ranging from makeup tutorials, cute hairstyles, and nail art designs to soccer tricks, parkour, skateboarding, and Call of Duty: Black Ops, plus how to dougie, how to kiss, and much, much more.

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Easy Core Workout for Women: Plank and Variations - Video

06-02-2012 01:32 Visit us on the web to see all of our therapeutic enrichment activities: http://www.redrockcanyonschool.com See our students' accomplishments and what they're working on. Follow us! Facebook: http://www.facebook.com Twitter: http://www.twitter.com As part of the fitness program ( youtu.be ) at Red Rock Canyon School, students and staff members trained for and completed the St. George Half Marathon on January 28, 2012. Fitness, exercise and health education have a vital role in the program at Red Rock Canyon School. All the members of Red Rock's racing team were able to complete the race in under two hours. Brad, one of the students on the team, placed eighth in his age division. See our recreational activities: youtu.be We also have a great equine program: youtu.be See how we are going green: youtu.be Our fully functional recording studio: youtu.be Red Rock Canyon School is a state-licensed residential treatment facility for adolescents, ages twelve to eighteen, with behavioral and/or emotional problems who require a level of structure and treatment beyond that which is available in traditional outpatient clinics. We offer 24 hour nursing and behavioral management staffing to ensure that our clients have access to professional staffing throughout their stay. Meet our staff: redrockcanyonschool.com In this positive environment, our youth are provided with opportunities to look beyond themselves as they act as positive role models for newer program residents and participate in community service ...

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Red Rock Canyon School - St. George Half Marathon - Video

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