Welcome to our dedicated page for Halozyme Therapeutics news (Ticker: HALO), a resource for investors and traders seeking the latest updates and insights on Halozyme Therapeutics stock.
Halozyme Therapeutics, Inc. (NASDAQ: HALO) is a biopharmaceutical company headquartered in San Diego, CA, focused on developing and commercializing innovative oncology therapies. The company's core mission is to enhance the efficacy of cancer treatments by targeting the tumor microenvironment, particularly through its lead investigational drug, pegph20. This drug aims to improve the penetration of co-administered cancer therapies into solid tumors, potentially making existing treatments more effective.
Halozyme's proprietary ENHANZE® drug delivery technology platform has garnered significant attention and partnerships with leading pharmaceutical companies such as Roche, Pfizer, Janssen, Baxalta, AbbVie, and Lilly. This technology facilitates the subcutaneous administration of biologics and small molecule compounds that are traditionally delivered intravenously, potentially allowing for quicker and more convenient therapy delivery.
The company has built a strong foundation of value-driving partnerships and continues to innovate in drug-device combination products using advanced auto-injector technology to improve patient convenience, comfort, and adherence. Halozyme's commercial portfolio includes proprietary products like Hylenex® and XYOSTED®, and ongoing product development in partnership with pharmaceutical companies such as Teva Pharmaceuticals and Idorsia Pharmaceuticals.
Recent achievements highlight Halozyme’s growth and innovation. Notably, the U.S. FDA approved Takeda’s HYQVIA®, co-formulated with ENHANZE®, for the maintenance therapy of chronic inflammatory demyelinating polyneuropathy (CIDP), underscoring the potential of Halozyme’s technology to enhance treatment efficacy. Another milestone includes the Japanese Ministry of Health's approval of argenx's VYVDURA® for generalized myasthenia gravis, demonstrating global expansion and acceptance of ENHANZE®-enabled treatments.
Financially, Halozyme continues to show robust growth. The company reported strong revenue and earnings growth in the first quarter of 2024, reaffirming its positive financial guidance for the year. Halozyme also announced a new $750 million share repurchase program, indicating confidence in sustained growth.
Halozyme's efforts in maintaining an extensive patent portfolio, including the recent grant of European Patent No. 4269578 for its ENHANZE® rHuPH20 product, further solidify its market position and prospects for long-term revenue durability. The company's strategic collaborations and commitment to innovative patient solutions make it a significant player in the biopharmaceutical industry.
Halozyme Therapeutics, Inc. (NASDAQ: HALO) will host a webcast for its third-quarter 2020 financial results on November 2, 2020, at 4:30 p.m. ET. The call, led by CEO Dr. Helen Torley, follows the release of the financial results for the quarter ending September 30, 2020.
Investors can register through a provided link, with a replay available for two weeks post-call. Halozyme utilizes its ENHANZE® technology, enhancing drug delivery, to partner with major pharmaceutical firms and positively impact patient outcomes globally.
Halozyme Therapeutics (NASDAQ: HALO) has expanded its collaboration with argenx, adding exclusive access to its ENHANZE® drug delivery technology for three new targets. This brings the total to six targets under the agreement initiated in February 2019. argenx is advancing the development of its FcRn antagonist efgartigimod and has also nominated a complement inhibitor targeting C2. The collaboration aims to improve patient experiences by enabling subcutaneous delivery options for various therapies. Halozyme derives revenues through milestones and royalties from these partnerships.
Halozyme Therapeutics (NASDAQ: HALO) announced that Roche presented data from the Phase 1b study evaluating atezolizumab (Tecentriq) for subcutaneous use through Halozyme's ENHANZE technology at the ESMO Virtual Congress 2020. The study, involving 67 patients with advanced non-small cell lung cancer, showed that the subcutaneous formulation was well-tolerated and had similar exposure to the intravenous version. This supports further development in the Phase 3 study, potentially improving treatment efficiency by reducing administration time.
Halozyme Therapeutics announced that Janssen Biotech submitted a supplemental Biologics License Application (sBLA) to the FDA for DARZALEX FASPRO (daratumumab and hyaluronidase-fihj) to treat light chain (AL) amyloidosis, a serious disease with no approved therapies. The application is backed by positive results from the Phase 3 ANDROMEDA study, which achieved its primary endpoint. This sBLA is evaluated under the FDA's Real-Time Oncology Review program, aiming for expedited patient access to treatments. The approval process does not guarantee success.
Halozyme Therapeutics (NASDAQ: HALO) announced that Dr. Helen Torley, President and CEO, will participate in two upcoming investor conferences. The first is the Cantor Virtual Global Healthcare Conference scheduled for September 15, 2020, at 10:40 a.m. ET, and the second is the Morgan Stanley Virtual Global Healthcare Conference on September 17, 2020, at 2:00 p.m. ET. Live webcasts of both events will be available on Halozyme's website, along with an archive for 90 days post-event. Halozyme specializes in biopharmaceutical solutions, notably through its ENHANZE® technology.
Halozyme Therapeutics (NASDAQ: HALO) CEO Dr. Helen Torley will speak at the 2020 Wells Fargo Virtual Healthcare Conference on September 9, 2020, at 10:00 a.m. ET. Interested participants can access a live webcast through the "Investors" section of Halozyme's website, with an archive available for 90 days post-event. Halozyme specializes in biopharmaceutical solutions, particularly through its ENHANZE® technology that streamlines drug delivery, benefiting over 400,000 patients globally. The company partners with leading firms to enhance treatment efficiency and patient experiences.
Halozyme Therapeutics reported strong Q2 2020 results, achieving its first profitable quarter with earnings per share of $0.19. The company secured multiple FDA and EMA approvals for drugs utilizing its ENHANZE® technology, including Janssen's subcutaneous DARZALEX® and Roche's Phesgo™. Q2 revenue rose to $55.2 million, up from $39.1 million year-over-year, primarily driven by collaboration payments. Halozyme maintains its 2020 revenue guidance of $230 million to $245 million despite potential COVID-19 impacts, emphasizing its commitment to sustainable profitability and capital return through share repurchases.
Halozyme Therapeutics (NASDAQ: HALO) announced Dr. Helen Torley, CEO, will participate in the Canaccord Genuity 40th Annual Growth Conference on August 12, 2020, at 8:30 a.m. ET. A live webcast will be available on Halozyme's website, with an archive accessible for 90 days post-event. Halozyme focuses on optimizing patient experiences and outcomes through its ENHANZE® technology, which facilitates faster drug delivery, benefiting over 400,000 patients globally. The company collaborates with industry leaders to advance innovative therapies.
Halozyme Therapeutics, Inc. (NASDAQ: HALO) will host a Quarterly Update Conference Call on August 10, 2020, at 4:30 p.m. ET to discuss its second quarter 2020 financial results, which will be released after market close. Dr. Helen Torley, the CEO, will lead the call. Interested participants can register via a link provided in the announcement. The event will be available for live streaming through the Investors section of Halozyme's website, with a recording accessible afterward. A telephone replay will be available for two weeks post-call.
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