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 (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.
Neurocrine Biosciences (Nasdaq: NBIX) will release its first quarter 2021 financial results after market close on May 5, 2021. A conference call and webcast to discuss the results will follow at 1:30 p.m. PT (4:30 p.m. ET). Participants can join via phone or by accessing the webcast on the company’s website. Neurocrine focuses on developing treatments for neurological, endocrine, and psychiatric disorders, with a portfolio that includes FDA-approved therapies for conditions such as tardive dyskinesia and Parkinson's disease.
Neurocrine Biosciences (NASDAQ: NBIX) will present key data from its movement disorders and epilepsy programs at the American Academy of Neurology's 73rd Annual Meeting, scheduled virtually from April 17-22, 2021. Highlights include findings from the KINECT 4 Phase III study on INGREZZA for tardive dyskinesia and ONGENTYS efficacy in Parkinson's disease motor fluctuations. The data also emphasize the need for simplified treatment regimens for Parkinson's patients and present genetic insights into SCN8A-related epilepsy. These findings underscore Neurocrine's commitment to addressing significant neurological challenges.
Neurocrine Biosciences (Nasdaq: NBIX) will present at the Stifel 3rd Annual CNS Day on April 1, 2021, at 12:30 p.m. ET. The presentation will feature Eiry Roberts and Kyle Gano, focusing on the company’s advancements in neuroscience treatments. Investors can access the live webcast on the company's website, with a replay available approximately one hour after the event. Neurocrine is dedicated to developing treatments for neurological, endocrine, and psychiatric disorders, and has a robust portfolio that includes FDA-approved therapies for various conditions.
Neurocrine Biosciences (Nasdaq: NBIX) presented positive Phase II data for crinecerfont, an oral CRF1 receptor antagonist, at ENDO 2021. The study showed dose-dependent reductions in androstenedione, a CAH marker, while testosterone levels remained stable, indicating potential benefits for reproductive health. The presented data also included real-world evidence on CAH's impact from the I-CAH Registry and other studies. Neurocrine aims to demonstrate crinecerfont's effectiveness in upcoming Phase III studies while addressing glucocorticoid treatment limitations in classic congenital adrenal hyperplasia patients.
Neurocrine Biosciences (Nasdaq: NBIX) will present at the Oppenheimer 31st Annual Healthcare Conference on March 16, 2021, at 4:30 p.m. ET. CFO Matt Abernethy will lead the presentation. It will be available via live webcast on the company's website, with a replay accessible one hour post-event for approximately one month. Neurocrine is a biopharmaceutical company focused on neuroscience, offering FDA-approved treatments for conditions like tardive dyskinesia and Parkinson's disease, while engaging in various clinical programs.
On March 2, 2021, Neurocrine Biosciences (Nasdaq: NBIX) announced that its investigational drug, luvadaxistat (NBI-1065844), failed to meet the primary endpoint in the Phase II INTERACT study for treating negative symptoms of schizophrenia. Despite this, the drug showed promise in secondary endpoints related to cognitive assessment. The adverse events reported were consistent with prior studies. Neurocrine plans to collaborate with Takeda to explore further development paths following these results.
Neurocrine Biosciences (Nasdaq: NBIX) will present at the Cowen 41st Annual Health Care Conference on March 2, 2021, at 1:30 p.m. Eastern Time. CEO Kevin Gorman is set to deliver the presentation. A live webcast will be available on Neurocrine's website, with a replay accessible one hour after the event and archived for approximately one month. Neurocrine focuses on developing treatments for neurological and psychiatric disorders, with an array of FDA-approved therapies for conditions like tardive dyskinesia and Parkinson's disease.
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