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
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.9%
Tags
none
-
Rhea-AI Summary
A significant shareholder of Aurinia Pharmaceuticals, MKT Capital, supports Iljin's concerns about the board's inability to drive value. They recommend withholding support for Chairman Dr. George Milne and Compensation Committee Chair Joseph Hagan at the upcoming Annual Meeting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.31%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.94%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.99%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
none
Rhea-AI Summary
Aurinia Pharmaceuticals has received marketing authorization from Swissmedic for LUPKYNIS to treat lupus nephritis. The approval is based on positive results from clinical studies, showing superior response rates and stable kidney function.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.39%
Tags
none
-
Rhea-AI Summary

Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) has launched the 'Get Uncomfortable' campaign featuring Toni Braxton, aimed at raising awareness about lupus nephritis and the importance of kidney health. The initiative encourages individuals with lupus nephritis to undergo routine testing and regular doctor visits to prevent irreversible kidney damage. Braxton, diagnosed with lupus in 2008, shares her personal experience to inspire others to advocate for their health. Since its inception in October 2022, the campaign has reached numerous patients, providing critical information regarding kidney health. Notably, lupus nephritis disproportionately affects women of color, emphasizing the need for increased awareness and action.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.98%
Tags
none
-
Rhea-AI Summary

Shareholder MKT Capital Ltd., owning 4.2% of Aurinia Pharmaceuticals (AUPH), has publicly criticized the company’s management for their poor performance and excessive executive compensation, including a total of $26 million to CEO Peter Greenleaf from 2019 to 2022. MKT Capital urges a strategic review process and suggests a potential sale of the company, estimating it could yield $28 per share, representing a 192% premium for shareholders. Concerns were raised over the board's misalignment with shareholder interests, inadequate growth of LUPKYNIS—only treating 1,500 patients and failing to diversify the drug pipeline. MKT plans to withhold support for the election of key directors at the upcoming Annual General Meeting on May 17, 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
none
Rhea-AI Summary

Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) will release its financial and operational results for Q1 2023 on May 4, 2023, before market opening. The management team will hold a conference call/webcast at 8:30 am ET to discuss these results and update the business. Interested participants can join by dialing (888) 645-4404 / (862) 298-0702, with a replay available on the company’s website thereafter.

Aurinia focuses on developing therapies for autoimmune, kidney, and rare diseases, with its flagship product being LUPKYNIS® (voclosporin), the first FDA-approved oral therapy for active lupus nephritis introduced in January 2021. The company's headquarters are located in Edmonton, Alberta, with a U.S. commercial hub in Rockville, Maryland.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
none

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