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.
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.
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.
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.
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.
Neurocrine Biosciences (Nasdaq: NBIX) announced its participation in the William Blair Biotech Focus Conference on July 15, 2021, where Kyle Gano, Chief Business Development and Strategy Officer, will take part in a panel discussion focused on neuropsychology. The live presentation is scheduled for 12:00 p.m. Eastern Time and will be webcast via the company's website. A replay will be available shortly after the event and archived for one month. Neurocrine specializes in developing treatments for neurological and psychiatric disorders.
Neurocrine Biosciences (Nasdaq: NBIX) will present at the Goldman Sachs 42nd Annual Global Healthcare Conference on June 8, 2021, at 1:20 p.m. ET. CEO Kevin Gorman will lead the presentation. Attendees can access the live webcast on the company's website, with a replay available about an hour after the event, archived for one month. Neurocrine focuses on developing treatments for neurological and endocrine disorders, with a portfolio that includes FDA-approved therapies for tardive dyskinesia, Parkinson's disease, and more.
Neurocrine Biosciences (Nasdaq: NBIX) will present at the 2021 RBC Capital Markets Healthcare Conference on May 18, 2021 at 10:55 a.m. Eastern Time. The presentation will feature CFO Matt Abernethy and CMO Eiry Roberts. Interested parties can access the live webcast on the company's website, with a replay available afterward for one month. Neurocrine focuses on innovative treatments for neurological and psychiatric disorders, with a portfolio that includes FDA-approved therapies for tardive dyskinesia and Parkinson's disease.
Neurocrine Biosciences (NBIX) reported $236.6 million in total revenues for Q1 2021, slightly down from $237.1 million in Q1 2020. Product sales from INGREZZA were $231 million. GAAP net income decreased to $32.1 million, with diluted earnings per share at $0.33 compared to $0.39 in the previous year. The company revised its full-year expense guidance to $855-$905 million for GAAP R&D and SG&A. Despite lower refill rates attributed to seasonal payor dynamics and COVID disruptions, new patient starts for INGREZZA improved late in the quarter, signaling a potential recovery.
Neurocrine Biosciences (Nasdaq: NBIX) will present at the Bank of America 2021 Healthcare Conference on May 11, 2021, at 11:00 a.m. Eastern Time. CEO Kevin Gorman will lead the presentation, which will be webcast live on the company's website. A replay will be available shortly after the event and archived for a month. Neurocrine focuses on developing treatments for neurological, endocrine, and psychiatric disorders, offering FDA-approved therapies for conditions like tardive dyskinesia and Parkinson's disease.
Neurocrine Biosciences (Nasdaq: NBIX) announced the appointment of Johanna Mercier to its Board of Directors. Mercier, currently the Chief Commercial Officer at Gilead Sciences, brings extensive experience from her 25-year tenure at Bristol Myers Squibb, where she led successful commercial strategies, particularly in oncology. Her expertise is anticipated to enhance the company's direction in developing treatments for neurological and endocrine disorders. The announcement underscores the company's commitment to strengthening its leadership team.
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