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Csl Ltd - CSLLY STOCK NEWS

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CSL LTD SP/ADR (CSL) is a global biotechnology company known for its innovative therapies in iron deficiency and nephrology. Headquartered in St. Gallen, Switzerland, CSL Vifor, a division of CSL, focuses on strategic global partnerships, innovative pharmaceuticals, and precision healthcare solutions. Their portfolio includes Ferinject, an IV iron therapy with marketing authorization in 87 countries as of 2024, addressing iron deficiency anemia and heart failure in adults and pediatric patients. With a workforce of 32,000, CSL delivers life-saving products worldwide, striving to improve patients' quality of life.

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CSL has inaugurated its new EUR 150 million research and development (R&D) facility in Marburg, Germany, marking the company’s largest R&D site globally with over 500 employees. The facility, covering approximately 40,000 square meters, aims to foster collaboration with scientific partners and enhance innovation. Designed with sustainability in mind, the building meets strict environmental standards and incorporates advanced technologies. CEO Paul Perreault emphasized the significance of Marburg in CSL's history and future, aligning with the company's commitment to biotechnology.

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CSL Seqirus announced it will present over 20 data sets at the OPTIONS XI conference from September 26-29, 2022, in Belfast, United Kingdom. The presentations will focus on seasonal and pandemic influenza studies, including an oral presentation on influenza risk factors. A symposium titled "INFLUENZA: TIME FOR A DIFFERENT PERSPECTIVE?" will address pandemic preparedness and the role of neuraminidase. The company aims to advance vaccine technology to improve community protection against influenza.

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CSL Plasma, headquartered in Boca Raton, Florida, is offering free flu vaccination vouchers to plasma donors who complete two donations within a calendar month. Starting September 2022, donors can receive vouchers redeemable at Walgreens locations. This initiative, in its third year, aims to enhance community health and acknowledges the vital role of plasma donations in treating rare diseases. The program will conclude in December 2022, with vouchers expiring on December 31, 2022.

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The European Medicines Agency (EMA) has accepted the Conditional Marketing Authorization (CMA) application for sparsentan, a treatment for IgA nephropathy (IgAN)

If approved, sparsentan will be a first-in-class non-immunosuppressive therapy addressing a significant unmet need in Europe. The application is supported by positive interim results from the PROTECT Study, showing a 49.8% reduction in proteinuria compared to 15.1% in controls, indicating strong efficacy.

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U.S. District Court for the District of Delaware ruled in favor of Vifor Fresenius Medical Care Renal Pharma (VFMCRP), confirming that Teva Pharmaceuticals infringes the patent for Velphoro (sucroferric oxyhydroxide). This ruling protects VFMCRP's formulation patent, set to expire in July 2030. Previous disputes with other ANDA filers regarding Velphoro have been settled, allowing them to launch generics on agreed dates. VFMCRP is actively defending its intellectual property to sustain its market position.

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Kapruvia® (difelikefalin) has received approval from the Swiss Agency for Therapeutic Products for treating chronic kidney disease (CKD)-associated pruritus in hemodialysis patients. This follows approvals from agencies in the U.S., Canada, and Europe. The approval is backed by positive results from pivotal phase-III trials, including KALM-1 and KALM-2, and 32 supportive studies. Regulatory decisions in Australia and Singapore are anticipated soon. The therapy aims to address a significant unmet medical need for those suffering from moderate-to-severe pruritus, potentially improving their quality of life.

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Vifor Fresenius Medical Care Renal Pharma announces that NICE has recommended Tavneos® for treating severe granulomatosis polyangiitis (GPA) and microscopic polyangiitis (MPA) in adults in England, Wales, and Northern Ireland. This oral therapy follows MHRA authorization in May 2022. Clinical trials showed Tavneos® met primary endpoints, offering a new treatment option with a favorable safety profile. The launch is expected shortly, marking a significant advancement in addressing the unmet medical needs of AAV patients.

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CSL announced positive top-line Phase 3 results for its investigational monoclonal antibody, garadacimab (CSL312), developed as a preventive treatment for hereditary angioedema (HAE). The study successfully met primary and secondary efficacy objectives, demonstrating favorable safety and tolerability. CSL plans to file for regulatory approvals by the end of the current fiscal year and will present full results at an upcoming scientific congress. Garadacimab targets Factor XIIa to inhibit HAE attack cascades, offering a potentially transformative therapy for patients with HAE.

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CSL Limited (ASX: CSL) has outlined a set of ambitious targets aimed at reducing carbon emissions as part of its sustainability strategy. By 2030, CSL plans to cut 40% of its absolute Scope 1 & 2 emissions compared to average annual emissions from FY19-21. Additionally, the company aims to have suppliers responsible for 67% of Scope 3 emissions commit to similar reduction targets. Key strategies for emissions reduction include increasing energy efficiency and switching to renewable power sources.

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CSL has announced a move to unify its brand by incorporating its name across all business units. This change aims to strengthen its identity as a single entity while maintaining the distinctiveness of CSL Behring and CSL Plasma. Seqirus will be rebranded to CSL Seqirus, and the recently acquired Vifor Pharma will be known as CSL Vifor. CEO Paul Perreault highlighted that this rebranding aligns with CSL's purpose-driven strategies and values, emphasizing patient focus and innovation. The company continues to serve over 100 countries with lifesaving therapies.

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FAQ

What is the current stock price of Csl (CSLLY)?

The current stock price of Csl (CSLLY) is $83.335 as of February 26, 2025.

What is the market cap of Csl (CSLLY)?

The market cap of Csl (CSLLY) is approximately 82.3B.

What is CSL LTD SP/ADR known for?

CSL is known for its innovative therapies in iron deficiency and nephrology, focusing on precision healthcare solutions.

Where is CSL LTD SP/ADR headquartered?

CSL LTD SP/ADR is headquartered in St. Gallen, Switzerland.

What is CSL Vifor's specialization?

CSL Vifor focuses on strategic global partnerships, innovative pharmaceuticals, and precision healthcare solutions.

What is Ferinject?

Ferinject is an IV iron therapy marketed in 87 countries, addressing iron deficiency anemia and heart failure in adults and pediatric patients.

How many countries does CSL deliver its products to?

CSL delivers life-saving therapies to people in more than 100 countries worldwide.
Csl Ltd

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CSLLY Stock Data

82.34B
964.74M
0.02%
Biotechnology
Healthcare
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