STOCK TITAN

Aurinia Pharmaceuticals Inc - AUPH STOCK NEWS

Welcome to our dedicated page for Aurinia Pharmaceuticals news (Ticker: AUPH), a resource for investors and traders seeking the latest updates and insights on Aurinia Pharmaceuticals stock.

Aurinia Pharmaceuticals Inc (symbol: AUPH) is a cutting-edge biopharmaceutical company headquartered at 5120-75 street, Edmonton, Canada. Specializing in the treatment of serious diseases with high unmet medical need, Aurinia is committed to providing innovative therapeutic solutions to patients worldwide. The company's flagship product, LUPKYNIS (voclosporin), is an investigational drug designed for the treatment of lupus nephritis (LN), a severe renal complication of lupus. This groundbreaking treatment underscores Aurinia's focus on developing life-changing medications.

In recent years, Aurinia Pharmaceuticals has made significant strides in its research and development efforts, particularly in the United States, where it derives the majority of its revenue. The company has forged strategic partnerships with leading healthcare organizations and continues to explore new avenues for growth and innovation.

Financially, Aurinia has demonstrated strong performance, with consistent revenue growth driven by its robust pipeline of investigational drugs. The company's commitment to advancing its clinical programs and securing regulatory approvals positions it well for sustained success in the biopharmaceutical industry.

With a dedicated team of experts and a clear vision for the future, Aurinia Pharmaceuticals is poised to make a lasting impact on global healthcare. Investors and stakeholders can stay updated on the latest developments, financial results, and strategic initiatives through the company's regular news updates and investor relations communications.

Rhea-AI Summary
Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) will attend the 2024 Bloom Burton & Co. Healthcare Investor Conference in Toronto, hosting one-on-one meetings with investors and a presentation on April 16. The event will be webcasted on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
none
-
Rhea-AI Summary
Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) will release its first quarter financial and operational results on May 2, 2024. The management team will host a conference call/webcast to review the results and provide a business update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.18%
Tags
-
Rhea-AI Summary
Aurinia Pharmaceuticals Inc. (AUPH) will participate in the 2024 Bloom Burton & Co. Healthcare Investor Conference in Toronto. Management will engage with investors in one-on-one meetings, fireside chat, and Q&A session on April 16, 2024. A live webcast will be accessible on Aurinia's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.61%
Tags
none
Rhea-AI Summary
Aurinia Pharmaceuticals Inc. receives exemptive relief for a share repurchase program, allowing the purchase of up to 15% of its shares over 36 months. The Board approved a $150 million Current Program, showcasing confidence in the Company's growth prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.05%
Tags
buyback
-
Rhea-AI Summary
Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) announces participation in upcoming investor conferences in March 2024, including TD Cowen’s 44th Annual Health Care Conference and Leerink Partners Global Biopharma Conference. Management will engage in one-on-one meetings, fireside chats, and Q&A sessions to discuss the company's progress and future plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
Tags
conferences
-
Rhea-AI Summary
Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) reported strong financial performance with total net revenue of $45.1 million for the fourth quarter and $175.5 million for the full year 2023. Net product revenue showed significant growth, reaching $42.3 million for the quarter and $158.5 million for the year. The company reaffirmed its 2024 net product revenue guidance of $200 - $220 million. Operational changes are expected to drive savings of $50 - $55 million annually, with a share repurchase program of up to $150 million initiated. Aurinia will discontinue future development of AUR200 and AUR300 programs to focus on commercial execution of LUPKYNIS. The Board approved the share repurchase program to enhance shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.47%
Tags
Rhea-AI Summary
Aurinia Pharmaceuticals Inc. (AUPH) is set to release its 2023 fourth quarter and full year financial and operational results on February 15, 2024. The management team will host a conference call/webcast to review the results and provide a general business update. Interested participants can access the webcast through the company's corporate website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
Tags
-
Rhea-AI Summary
Life Sciences Ontario announces the recipients of its 2024 LSO Awards, recognizing outstanding individuals and companies in the life sciences sector. The awardees include Bill Mantel, Dr. Benjamin Rovinski, Dr. Christine Allen, Dr. Durhane Wong-Rieger, and Satellos Bioscience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Aurinia Pharmaceuticals Inc. (AUPH) reported preliminary unaudited net product revenue of $42 million for Q4 2023, representing 49% growth from the same period in 2022. Full-year net product revenue was approximately $159 million, showing a 53% increase. Total unaudited net revenue for Q4 2023 was $45 million, a 59% growth from the same period in 2022, and $176 million for the full year, a 31% increase. The company had approximately $351 million in cash, cash equivalents, restricted cash, and investments as of December 31, 2023. The net product revenue guidance for 2024 is in the range of $200-$220 million, with a target to become cash flow positive in the second half of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.31%
Tags
none
Rhea-AI Summary
Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) has submitted its Investigational New Drug application (IND) to the U.S. Food and Drug Administration (FDA) for AUR200, a potent recombinant fusion protein with a high affinity for targeting both BAFF and APRIL. AUR200 will be studied in a Phase 1 first-in-human trial in healthy volunteers, marking a significant advancement for Aurinia’s emerging autoimmune pipeline.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.11%
Tags

FAQ

What is the current stock price of Aurinia Pharmaceuticals (AUPH)?

The current stock price of Aurinia Pharmaceuticals (AUPH) is $9.03 as of December 20, 2024.

What is the market cap of Aurinia Pharmaceuticals (AUPH)?

The market cap of Aurinia Pharmaceuticals (AUPH) is approximately 1.3B.

What does Aurinia Pharmaceuticals Inc. specialize in?

Aurinia Pharmaceuticals specializes in developing treatments for serious diseases with high unmet medical need, including lupus nephritis.

Where is Aurinia Pharmaceuticals Inc. located?

Aurinia Pharmaceuticals Inc. is headquartered at 5120-75 street, Edmonton, Canada.

What is LUPKYNIS (voclosporin)?

LUPKYNIS (voclosporin) is an investigational drug developed by Aurinia for the treatment of lupus nephritis.

Where does Aurinia Pharmaceuticals derive most of its revenue?

Aurinia Pharmaceuticals derives the majority of its revenue from the United States.

What recent achievements has Aurinia Pharmaceuticals accomplished?

Aurinia has made significant progress in its R&D efforts, particularly with LUPKYNIS, and has formed strategic partnerships to advance its clinical programs.

How can investors stay updated on Aurinia Pharmaceuticals' latest news?

Investors can stay updated through the company's regular news updates and investor relations communications.

What is the significance of LUPKYNIS for Aurinia Pharmaceuticals?

LUPKYNIS is a key product in Aurinia's portfolio, targeting lupus nephritis and showcasing the company’s innovative capabilities.

What type of diseases does Aurinia Pharmaceuticals focus on?

Aurinia focuses on serious diseases with a high unmet medical need, such as lupus nephritis.

Has Aurinia Pharmaceuticals formed any partnerships?

Yes, Aurinia has formed strategic partnerships with leading healthcare organizations to advance its clinical programs.

What is the outlook for Aurinia Pharmaceuticals’ future?

With a robust pipeline and ongoing R&D efforts, Aurinia Pharmaceuticals is well-positioned for sustained success in the biopharmaceutical industry.

Aurinia Pharmaceuticals Inc

Nasdaq:AUPH

AUPH Rankings

AUPH Stock Data

1.30B
132.45M
7.21%
42.72%
4.8%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
EDMONTON