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bluebird bio, Inc. - $BLUE STOCK NEWS

Welcome to our dedicated page for bluebird bio news (Ticker: $BLUE), a resource for investors and traders seeking the latest updates and insights on bluebird bio stock.

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Rhea-AI Summary

bluebird bio, Inc. (Nasdaq: BLUE) will discuss its first quarter 2024 results and business updates on May 9 at 8:00 a.m. ET. The company will also participate in investor conferences on May 16 and June 12. Investors can access the live webcasts on bluebird bio's website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.14%
Tags
conferences earnings
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Rhea-AI Summary

bluebird bio, Inc. announced the completion of the first commercial cell collection for LYFGENIA gene therapy, a one-time treatment for sickle cell disease. LYFGENIA was FDA-approved in December 2023 and is the most extensively studied gene therapy for the disease. The cells were collected at Children’s National Hospital in Washington, DC, marking a significant milestone in the treatment of sickle cell disease.

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Rhea-AI Sentiment
End-of-Day
11.14%
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none
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Rhea-AI Summary

bluebird bio, Inc. (Nasdaq: BLUE) received a notice from Nasdaq due to the delayed filing of its Annual Report on Form 10-K for 2023. The company has until June 24, 2024, to submit a compliance plan. This delay is caused by the need to restate financial statements but is not expected to impact cash position or revenue.

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0.07%
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none
Rhea-AI Summary
bluebird bio, Inc. (BLUE) approved inducement grants of 102,700 RSUs to twelve new employees. The RSUs vest equally over four years, in line with NASDAQ rules.
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Rhea-AI Sentiment
End-of-Day
-2.52%
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none
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Rhea-AI Summary
bluebird bio, Inc. (NASDAQ: BLUE) reported fourth quarter and annual financial results for 2023, highlighting a $175 million term loan facility with Hercules Capital extending cash runway through Q1 2026. The Company anticipates 85 to 105 patient starts in 2024 across its gene therapy portfolio, with a focus on LYFGENIA for sickle cell disease. Recent commercial progress includes government outcomes-based agreement with Michigan Medicaid and activation of 62 Qualified Treatment Centers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.76%
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none
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Rhea-AI Summary
bluebird bio, Inc. (BLUE) will host a conference call on March 26, 2024, to discuss Q4 and 2023 annual results and business updates. The call can be accessed via telephone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.76%
Tags
conferences
Rhea-AI Summary
bluebird bio secures a $175 million term loan facility with Hercules Capital, extending its cash runway for up to 24 months. The company draws the first tranche of $75 million with the potential to access an additional $50 million based on commercial milestones. This funding aims to support the commercial launches of its FDA-approved gene therapies.
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Rhea-AI Sentiment
End-of-Day
1.41%
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none
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Rhea-AI Summary
bluebird bio, Inc. (NASDAQ: BLUE) announces its first Medicaid outcomes-based agreement for LYFGENIA gene therapy with Michigan, aiming to provide timely access to sickle cell disease patients. The agreement reflects the company's commitment to equitable access and value-based contracting approaches.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.33%
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none
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Rhea-AI Summary
bluebird bio, Inc. (Nasdaq: BLUE) announced updates at the 42nd Annual J.P. Morgan Healthcare conference, including commercial launch progress, 2024 program milestones, and financial outlook. LYFGENIA is expected to have 85 to 105 patient starts in 2024, with the first patient start in Q1 2024. The company's cash, cash equivalents, and marketable securities are expected to fund current operations into Q1 2025.
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Rhea-AI Sentiment
End-of-Day
3.52%
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none
Rhea-AI Summary
bluebird bio, Inc. (Nasdaq: BLUE) CEO to Present Corporate Update at J.P. Morgan Healthcare Conference
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Rhea-AI Sentiment
End-of-Day
6.52%
Tags
conferences
bluebird bio, Inc.

Nasdaq:BLUE

BLUE Rankings

BLUE Stock Data

192.74M
108.82M
0.38%
65.11%
15.43%
Biological Product (except Diagnostic) Manufacturing
Manufacturing
Link
United States of America
SOMERVILLE

About BLUE

we are leading the gene therapy revolution. our integrated product platforms encompass gene therapy, cancer immunotherapy and gene editing – providing us with the potential to treat, and hopefully cure, a broad range of serious diseases. we have a lot of energy, and it’s not just the abundance of coffee that keeps us going. find out what sparks our excitement and inspires us every day.