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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.

Rhea-AI Summary
Neurocrine Biosciences receives FDA approval for INGREZZA capsules for the treatment of chorea associated with Huntington's disease, offering a simple dosing regimen. Key clinical trial outcomes show significant improvement in chorea severity compared to placebo. Important safety information is included in the prescribing information. INBRACE Support Program is available for patients prescribed INGREZZA.
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Neurocrine Biosciences, Inc. (NBIX) announced a 26% year-over-year growth in INGREZZA® (valbenazine) net product sales for the second quarter, reaching $440 million. The company also raised 2023 net product sales guidance to $1.77 - $1.82 billion, reflecting the significant benefit the medicine provides to patients with tardive dyskinesia. The financial results revealed a record number of new patients receiving therapy, with GAAP net income and earnings per share of $96 million and $0.95, respectively.
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Neurocrine Biosciences has appointed Christine A. Poon, a business leader with extensive experience in the pharmaceutical industry, to its Board of Directors. Ms. Poon has a 30-year career in the healthcare industry, including serving as Vice Chairman and Member of the Board of Directors of Johnson & Johnson. She brings a wealth of industry experience to Neurocrine's Board of Directors.
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Neurocrine Biosciences, Inc. has scheduled its second quarter 2023 financial results conference call and webcast for August 1, 2023 at 5:00 a.m. PT / 8:00 a.m. ET. The press release will be issued at 4:00 a.m. PT / 7:00 a.m. ET. Investors can access the webcast on the company's website.
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Neurocrine Biosciences announces positive results from Phase 3 study of valbenazine for the treatment of chorea associated with Huntington's disease
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FAQ

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

The current stock price of Neurocrine Biosciences (NBIX) is $117.62 as of November 18, 2024.

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

The market cap of Neurocrine Biosciences (NBIX) is approximately 11.9B.

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

11.88B
100.64M
0.99%
96.04%
2.59%
Drug Manufacturers - Specialty & Generic
Biological Products, (no Disgnostic Substances)
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United States of America
SAN DIEGO