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Incyte Genomics Inc - INCY STOCK NEWS

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

Incyte Genomics Inc. (Symbol: INCY) is a leading biopharmaceutical company dedicated to the discovery, development, and commercialization of proprietary therapeutics, with a primary focus on oncology. Headquartered in Wilmington, Delaware, Incyte employs over 625 professionals across its management, discovery, clinical development, and commercial teams.

The company’s flagship product, Jakafi, is a groundbreaking treatment for rare blood cancers and graft versus host disease, developed in partnership with Novartis. Incyte has also made significant strides with its other marketed drugs, including Olumiant for rheumatoid arthritis (licensed to Eli Lilly), Iclusig for chronic myeloid leukemia, Pemazyre for cholangiocarcinoma, Tabrecta for lung cancer, and Monjuvi for diffuse large B-cell lymphoma. Additionally, Incyte's first dermatology product, Opzelura, received approval in 2021 for atopic dermatitis and in 2022 for vitiligo.

Incyte’s pipeline includes a wide array of innovative oncology and dermatology programs, demonstrating their commitment to addressing serious unmet medical needs. The company's strategic collaborations with major pharmaceutical firms further support the clinical development and global commercialization of its compounds.

Incyte’s financial health and robust portfolio position it strongly to continue improving patient lives while building sustainable value for its shareholders. For the latest updates on Incyte’s projects and developments, visit their corporate website at www.incyte.com.

Rhea-AI Summary
Incyte reports Q3 2023 financial results with total revenues of $919 million, a 12% YoY increase. Jakafi net product revenues were $636 million, up 3% YoY. Opzelura cream net product revenues were $92 million, up 141% YoY. The company achieved positive results in a Phase 2 study of povorcitinib in prurigo nodularis and plans to initiate a Phase 3 study in 2024. Incyte also provided updates on its clinical development portfolio and highlighted progress in myeloproliferative neoplasms (MPNs).
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Incyte recognized as a top employer for the sixth consecutive year by Science magazine, ranking second on the list and praised for loyal employees and social responsibility.
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Incyte to present at investor conferences in November
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Incyte to present new data from its oncology portfolio at ESMO Congress 2023
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Incyte announces positive results from Phase 3 study of ruxolitinib cream in children with atopic dermatitis
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Incyte announces new data on povorcitinib to be presented at the 8th Annual Symposium on Hidradenitis Suppurativa Advances
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Incyte presents new results of long-term analysis of Opzelura cream for vitiligo treatment at EADV Congress 2023
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Incyte partners with Mandy Moore for Moments of Clarity, an initiative highlighting the stories of people with atopic dermatitis and their journey to finding relief.
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Incyte presents positive Phase 2b trial results for povorcitinib in vitiligo at EADV Congress 2023
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Incyte schedules Q3 2023 financial results conference call and webcast
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FAQ

What is the current stock price of Incyte Genomics (INCY)?

The current stock price of Incyte Genomics (INCY) is $71.72 as of November 22, 2024.

What is the market cap of Incyte Genomics (INCY)?

The market cap of Incyte Genomics (INCY) is approximately 13.6B.

What is Incyte Genomics Inc. known for?

Incyte Genomics Inc. is known for its development and commercialization of proprietary therapeutics, primarily focused on oncology and dermatology.

Where is Incyte Genomics Inc. headquartered?

Incyte Genomics Inc. is headquartered in Wilmington, Delaware.

What is Jakafi?

Jakafi is Incyte's lead drug, used to treat rare blood cancers and graft versus host disease, in collaboration with Novartis.

Which drugs has Incyte marketed?

Incyte has marketed drugs including Olumiant for rheumatoid arthritis, Iclusig for chronic myeloid leukemia, Pemazyre for cholangiocarcinoma, Tabrecta for lung cancer, and Monjuvi for diffuse large B-cell lymphoma.

What is Opzelura used for?

Opzelura is Incyte’s first dermatology product, approved for atopic dermatitis in 2021 and for vitiligo in 2022.

Does Incyte collaborate with other pharmaceutical companies?

Yes, Incyte has established multiple collaborations with major pharmaceutical companies to support the clinical development and global commercialization of its compounds.

How many employees work at Incyte?

Incyte employs over 625 professionals.

What is Incyte's vision?

Incyte's vision is to become a leader in the development and delivery of novel drugs for serious unmet medical needs.

How can I get more information about Incyte?

More information about Incyte can be found on their corporate website at www.incyte.com.

What areas does Incyte's pipeline cover?

Incyte's pipeline includes a broad array of oncology and dermatology programs.

Incyte Genomics Inc

Nasdaq:INCY

INCY Rankings

INCY Stock Data

13.56B
188.30M
2.04%
97.86%
3.85%
Biotechnology
Services-commercial Physical & Biological Research
Link
United States of America
WILMINGTON