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Neurocrine Biosciences Inc - NBIX STOCK NEWS

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

Neurocrine Biosciences Inc. (Nasdaq: NBIX) is a premier neuroscience-focused biopharmaceutical company based in San Diego. Established in 1992, the company is committed to developing and commercializing innovative pharmaceutical products that address unmet medical needs. Neurocrine Biosciences specializes in treatments for neurological, neuroendocrine, and neuropsychiatric disorders, impacting some of the largest pharmaceutical markets worldwide, including segments dealing with endometriosis, irritable bowel syndrome, anxiety, depression, pain, diabetes, insomnia, and other related conditions.

The company’s extensive portfolio includes FDA-approved treatments such as INGREZZA for tardive dyskinesia and chorea associated with Huntington's disease, along with investigational candidates like elagolix, opicapone, and crinecerfont. Notable late-stage clinical programs are:

  • Elagolix: A hormone-releasing antagonist for women's health, particularly in treating endometriosis and uterine fibroids in collaboration with AbbVie.
  • Opicapone: A catechol-O-methyltransferase (COMT) inhibitor for Parkinson's disease patients.
  • Ingrezza: For treating Tourette syndrome and other movement disorders.

Recently, Neurocrine announced the initiation of a Phase 1 clinical study for NBI-1076986, an investigational M4 subtype-selective muscarinic acetylcholine receptor antagonist aimed at treating movement disorders such as Parkinson's disease tremor and dystonia. This is part of their broader muscarinic receptor-focused portfolio, which includes a variety of small molecule M1, M1/M4, and M4 agonists acquired from Nxera Pharma.

Neurocrine's robust pipeline also includes the CAHtalyst™ studies, which focus on crinecerfont for congenital adrenal hyperplasia (CAH), demonstrating significant potential in reducing glucocorticoid doses while maintaining androgen control. Their recent presentations at the American Association of Clinical Endocrinology 2024 Annual Meeting and the European Congress of Endocrinology 2024 highlight their continuous advancements.

Financially, Neurocrine Biosciences maintains a strong position with a multi-billion-dollar product in INGREZZA, and a diverse pipeline of 17 clinical development programs. Notably, the company announced the retirement of CEO Kevin Gorman, Ph.D., with Kyle Gano, Ph.D., set to succeed him in October 2024, ensuring a seamless transition and continued focus on innovative treatments.

For more comprehensive insights and updates, visit Neurocrine Biosciences and follow them on LinkedIn, X (formerly Twitter), and Facebook.

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Neurocrine Biosciences (Nasdaq: NBIX) announced participation in two key investor conferences. CEO Kevin Gorman and CFO Matt Abernethy will present at the Jefferies London Healthcare Conference on Nov. 16, 2021, at 1:00 p.m. GMT (8:00 a.m. ET). Additionally, CFO Abernethy and CMO Eiry Roberts will participate in the Evercore ISI 4th Annual HealthCONx Virtual Conference on Nov. 30, 2021, at 10:55 a.m. ET. Presentations will be webcast on the company’s website, with replays available for one month after each event.

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Neurocrine Biosciences (Nasdaq: NBIX) reported strong Q3 2021 financial results, with total revenues of $296 million, a 14.5% increase from $258.5 million in Q3 2020. Net product sales of INGREZZA reached $287 million, reflecting heightened demand and successful commercial activities. GAAP net income stood at $22.5 million, or $0.23 per share, contrasting sharply with a net loss of $57.6 million in the prior year. R&D expenses increased due to investments in pipeline projects, while total cash reserves were approximately $1.3 billion. The company anticipates further clinical data releases within the next two years.

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Neurocrine Biosciences (NASDAQ: NBIX) presented new data on INGREZZA (valbenazine) for treating tardive dyskinesia at the 2021 Psych Congress. Key findings include a pooled analysis showing significant improvement in elderly patients with tardive dyskinesia, development of the MIND-TD questionnaire for better patient-provider communication, and real-world insights on telehealth's impact during the COVID-19 pandemic. The data supports INGREZZA's efficacy and highlights the company's commitment to addressing tardive dyskinesia, which affects approximately 600,000 individuals in the U.S.

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Neurocrine Biosciences (Nasdaq: NBIX) announced its participation in the ANA 2021 Virtual Annual Meeting from October 17-19, 2021. The company will present new analyses of its movement disorder treatments for Parkinson's disease and tardive dyskinesia (TD). Key findings include the impact of nighttime 'off' episodes on sleep in Parkinson's patients. Presentations will cover various studies related to ONGENTYS (opicapone) and INGREZZA (valbenazine). There's a growing commitment from Neurocrine to enhance the understanding of these conditions and improve patient care.

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Neurocrine Biosciences (Nasdaq: NBIX) will announce its third quarter 2021 financial results on November 1, 2021, after market close. The company will then host a conference call and webcast at 1:30 p.m. PT to discuss the results and provide updates. Participants can join via phone or through their website. Neurocrine specializes in treatments for neurological and endocrine disorders, with a diverse product portfolio.

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Neurocrine Biosciences (Nasdaq: NBIX) will present new data on its movement disorder treatments at the MDS Virtual Congress 2021 from September 17–22. Key findings include a post hoc analysis from the KINECT 4 Phase 3 study, showing significant reductions in tardive dyskinesia (TD) symptoms with once-daily INGREZZA (valbenazine). Additionally, pooled data from BIPARK-1 and BIPARK-2 studies will evaluate ONGENTYS (opicapone) effects on sleep patterns in Parkinson's patients. Neurocrine aims to enhance understanding of TD and Parkinson's disease management.

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Neurocrine Biosciences (Nasdaq: NBIX) announced participation in two virtual investor conferences. CEO Kevin Gorman will present at the Morgan Stanley 19th Annual Healthcare Conference on Sept. 13, 2021, at 10:15 a.m. ET. CFO Matt Abernethy and CMO Eiry Roberts will speak at the Baird 2021 Global Healthcare Conference on Sept. 15, 2021, at 10:50 a.m. ET. Live presentations can be accessed on the company's website, with replays archived for one month. Neurocrine focuses on therapies for neurological and psychiatric disorders.

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Neurocrine Biosciences (Nasdaq: NBIX) has completed patient enrollment for the Phase 3 KINECT-HD study, investigating the efficacy and safety of valbenazine for treating chorea in Huntington disease. The top-line results are expected by the end of 2021. This study offers hope for the approximately 30,000 U.S. adults affected by Huntington disease, whose current treatment options carry significant risks. Following KINECT-HD, participants can join KINECT-HD2, an open-label extension study to evaluate long-term safety.

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Neurocrine Biosciences (NBIX) reported Q2 2021 financial results, with total revenues of $288.9 million, down from $302.4 million in Q2 2020. Product sales for INGREZZA were $266.8 million, a slight decline from $267.6 million year-over-year. GAAP net income fell to $42.3 million ($0.43 per share) compared to $79.6 million ($0.81 per share) in Q2 2020. Increased R&D and SG&A expenses significantly impacted earnings. Notably, the company is advancing its R&D pipeline with plans for nine mid-to-late-stage trials in 2021.

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Neurocrine Biosciences (Nasdaq: NBIX) will announce its second quarter 2021 financial results on August 3, 2021, after Nasdaq market closure. A conference call and webcast will follow at 1:30 p.m. PT to discuss the results and company updates. Participants can join the call by dialing 866-952-8559 (US) or 785-424-1743 (International) using conference ID: NBIX. The webcast will be available on the Neurocrine website and archived for one month.

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FAQ

What is the current stock price of Neurocrine Biosciences (NBIX)?

The current stock price of Neurocrine Biosciences (NBIX) is $146.76 as of January 22, 2025.

What is the market cap of Neurocrine Biosciences (NBIX)?

The market cap of Neurocrine Biosciences (NBIX) is approximately 14.8B.

What does Neurocrine Biosciences Inc. specialize in?

Neurocrine Biosciences focuses on developing pharmaceutical products for neurological, neuroendocrine, and neuropsychiatric disorders, including treatments for conditions like endometriosis, anxiety, depression, and movement disorders.

What are some key products of Neurocrine Biosciences?

Key products include INGREZZA for tardive dyskinesia and chorea associated with Huntington's disease, as well as investigational candidates like elagolix for women's health, opicapone for Parkinson's disease, and crinecerfont for congenital adrenal hyperplasia.

What recent advancements has Neurocrine Biosciences made?

Recent advancements include the initiation of a Phase 1 clinical study for NBI-1076986 and presentations of the CAHtalyst™ studies at major medical conferences, highlighting the potential of crinecerfont in treating congenital adrenal hyperplasia.

Who announced their retirement from Neurocrine Biosciences in 2024?

Kevin Gorman, Ph.D., the CEO of Neurocrine Biosciences, announced his retirement effective October 11, 2024. He will be succeeded by Kyle Gano, Ph.D.

What is the focus of Neurocrine Biosciences' muscarinic receptor portfolio?

Neurocrine Biosciences' muscarinic receptor portfolio focuses on developing treatments targeting M1, M1/M4, and M4 muscarinic acetylcholine receptors for various neurological disorders including movement disorders.

Where is Neurocrine Biosciences headquartered?

Neurocrine Biosciences is headquartered in San Diego, California.

How can I learn more about Neurocrine Biosciences?

For more information, visit Neurocrine Biosciences' official website at www.neurocrine.com and follow them on LinkedIn, X (formerly Twitter), and Facebook.

What impact has INGREZZA had on Neurocrine Biosciences?

INGREZZA has significantly contributed to Neurocrine's financial strength, being a multi-billion-dollar product used in the treatment of tardive dyskinesia and chorea associated with Huntington's disease.

What are the CAHtalyst™ studies?

The CAHtalyst™ studies are Phase 3 clinical trials investigating the safety, efficacy, and tolerability of crinecerfont in treating congenital adrenal hyperplasia (CAH) by reducing glucocorticoid doses while maintaining androgen control.

What was the focus of Neurocrine Biosciences' recent presentations at ENDO 2024?

Neurocrine Biosciences presented data from the CAHtalyst™ Phase 3 studies on crinecerfont, highlighting its potential to reduce elevated androgen levels and lower supraphysiologic glucocorticoid doses while maintaining androgen control in CAH patients.
Neurocrine Biosciences Inc

Nasdaq:NBIX

NBIX Rankings

NBIX Stock Data

14.82B
99.72M
0.99%
95.41%
3.35%
Drug Manufacturers - Specialty & Generic
Biological Products, (no Disgnostic Substances)
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United States of America
SAN DIEGO