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Pharming Group N.V. ADS, each representing 10 ordinary shares - PHAR STOCK NEWS

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Pharming Group N.V. (Symbol: PHAR) is a prominent global biopharmaceutical company committed to revolutionizing the lives of patients suffering from rare, debilitating, and life-threatening diseases. With its headquarters in Leiden, Netherlands, Pharming Group is at the forefront of developing and commercializing an innovative portfolio of protein replacement therapies and precision medicines.

The company's flagship product, Ruconest, is a crucial protein replacement therapy designed to address hereditary angioedema (HAE), a rare genetic condition. Pharming generates significant revenue from the United States, reflecting its strong market presence.

Recently, Pharming achieved a major milestone with the enrollment of the first patient in its Phase III clinical trial in Japan for evaluating leniolisib, a treatment for activated phosphoinositide 3-kinase delta syndrome (APDS) in both adult and pediatric patients aged 12 years and older. This trial aims to assess the safety, tolerability, and efficacy of leniolisib, potentially offering a new treatment avenue for APDS patients in Japan.

Pharming's dedication to addressing unmet medical needs extends beyond Japan. The company successfully launched leniolisib in the US under the brand name Joenja®, following its FDA approval in March 2023. This makes Joenja® the first and only targeted treatment for APDS in adult and pediatric patients aged 12 and older. Pharming plans further regulatory submissions in Europe, the UK, Canada, Australia, and additional markets.

APDS, a rare primary immunodeficiency, is caused by genetic variants impacting the immune system, leading to severe infections and immune dysregulation. Pharming's focus on genetic testing for a definitive diagnosis underscores its commitment to precision medicine and patient-centric care.

Beyond leniolisib, Pharming is actively engaged in early to late-stage development of a diversified portfolio, including small molecules, biologics, and gene therapies. The company operates on a global scale, serving patients in over 30 markets across North America, Europe, the Middle East, Africa, and Asia-Pacific.

Pharming Group continues to forge strong partnerships and collaborate with leading healthcare institutions and regulatory bodies worldwide. This strategy not only accelerates research and development but also ensures timely access to life-changing therapies for patients with rare diseases.

For the latest updates and detailed information about Pharming Group's ongoing projects, financial performance, and strategic initiatives, visit their official website at www.pharming.com or follow them on LinkedIn.

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Pharming Group has received a standard review timetable from the European Medicines Agency (EMA) for its Marketing Authorization Application (MAA) of leniolisib, a treatment for activated phosphoinositide 3-kinase delta syndrome (APDS). The company is required to submit updated data from ongoing studies. EMA's Committee for Human Medicinal Products (CHMP) is expected to issue its opinion in the second half of 2023. In the U.S., the FDA's priority review for leniolisib remains on schedule, with a PDUFA date of March 29, 2023. Leniolisib has shown promising results in previous clinical trials, meeting co-primary endpoints and demonstrating good tolerability.

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Pharming Group N.V. announced positive interim results from an open-label extension study of leniolisib, an investigational treatment for activated phosphoinositide 3-kinase delta syndrome (APDS). Interim analysis showed leniolisib to be well tolerated with a median treatment duration of 102 weeks, and 37% of patients on immunoglobulin replacement therapy (IRT) reduced or stopped their regimens. The findings were presented at the 2022 Annual Meeting of the American Society of Hematology. The FDA is currently reviewing the New Drug Application for leniolisib, with a goal date set for March 29, 2023.

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Pharming Group N.V. announced the publication of positive results from a Phase 3 trial of leniolisib, an innovative treatment for activated phosphoinositide 3-kinase delta syndrome (APDS), in the journal Blood. The trial demonstrated significant improvements in co-primary endpoints, including a reduction in lymph node size and an increase in naïve B cells. Leniolisib was well tolerated with fewer treatment-related adverse events compared to placebo. This publication enhances understanding of APDS, a rare immunodeficiency affecting 1-2 individuals per million, and underscores Pharming's commitment to advancing therapies in this field.

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Pharming Group N.V. announced that new clinical data for leniolisib, a PI3Kδ inhibitor, will be presented at the 64th ASH Annual Meeting in New Orleans from December 10-13, 2022. This investigational treatment targets activated PI3Kδ syndrome (APDS), a rare primary immunodeficiency affecting 1-2 people per million. The presentation will include an interim analysis of safety and hematological parameters through December 2021. Leniolisib has been well tolerated in prior trials, indicating its potential as a therapeutic option for APDS.

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Pharming Group N.V. (PHAR, PHGUF) announced that the European Medicines Agency (EMA) has validated its Marketing Authorisation Application (MAA) for leniolisib, an oral treatment for activated phosphoinositide 3-kinase delta syndrome (APDS). The MAA, submitted in October 2022, will undergo an accelerated assessment, reducing the review period from 210 to 150 days. Positive Phase II/III study results showed leniolisib effectively reduced lymph node size and increased naïve B cell percentage in patients. Marketing authorisation is expected in H1 2023.

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Pharming Group N.V. has submitted a Marketing Authorization Application (MAA) to the European Medicines Agency (EMA) for leniolisib, an oral treatment for activated phosphoinositide 3-kinase delta syndrome (APDS), a rare primary immunodeficiency. The EMA has granted accelerated assessment, shortening the review period from 210 to 150 days. Leniolisib is aimed at treating patients aged 12 and older and has shown positive results in previous studies. Approval is anticipated in H1 2023, addressing a critical need for effective therapies in this patient population.

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Pharming Group N.V. announced that the FDA has accepted its New Drug Application (NDA) for leniolisib, a treatment for activated phosphoinositide 3-kinase delta syndrome (APDS). The FDA set a PDUFA goal date of March 29, 2023. The NDA was supported by positive results from a Phase II/III study, showing significant efficacy and safety in patients. Leniolisib is aimed at providing a targeted therapy for a rare disease affecting approximately 1 to 2 individuals per million, currently managed with supportive therapies.

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Pharming Group N.V. announced that CEO Sijmen de Vries will present at the H.C. Wainwright 24th Annual Global Investment Conference in New York, scheduled for September 12-14, 2022. De Vries will speak on September 13 at 09:30 ET (15:30 CET). Pharming focuses on developing innovative protein replacement therapies and precision medicines for rare diseases, with a global presence in over 30 markets. Interested parties can contact Pharming's Investor Relations for more information regarding the conference.

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Pharming Group N.V. has announced the introduction of a new diagnosis code for activated phosphoinositide 3-kinase delta syndrome (APDS), a rare primary immunodeficiency, effective October 1, 2022. This ICD-10-CM code, introduced by the US CDC, will allow better identification and reporting of APDS cases, improving patient care and research opportunities. The condition, affecting 1-2 people per million, is often misdiagnosed, leading to treatment delays. The recognition of APDS is expected to enhance access to meaningful treatments for those affected.

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Pharming Group N.V. announced that the European Medicines Agency (EMA) has granted an accelerated assessment for leniolisib, reducing the review period from 210 days to 150 days. This medication targets activated PI3K delta syndrome (APDS), a rare primary immunodeficiency. Pharming plans to submit its Marketing Authorisation Application (MAA) in October 2022. Clinical trials showed leniolisib met its co-primary endpoints and was well-tolerated, indicating potential for significant impact on patient health in Europe.

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FAQ

What is the current stock price of Pharming Group N.V. ADS, each representing 10 ordinary shares (PHAR)?

The current stock price of Pharming Group N.V. ADS, each representing 10 ordinary shares (PHAR) is $10.17 as of April 16, 2024.

What is the market cap of Pharming Group N.V. ADS, each representing 10 ordinary shares (PHAR)?

The market cap of Pharming Group N.V. ADS, each representing 10 ordinary shares (PHAR) is approximately 684.9M.

What does Pharming Group N.V. specialize in?

Pharming Group N.V. specializes in developing and commercializing innovative protein replacement therapies and precision medicines for rare diseases.

What is Ruconest?

Ruconest is Pharming's flagship protein replacement therapy designed to treat hereditary angioedema (HAE).

Where does Pharming Group generate its revenue?

Pharming Group primarily generates its revenue from the United States.

What is leniolisib?

Leniolisib is a treatment developed by Pharming for activated phosphoinositide 3-kinase delta syndrome (APDS), currently in Phase III clinical trials in Japan.

What is Joenja®?

Joenja® is the brand name under which leniolisib was launched in the US, following FDA approval as the first targeted treatment for APDS.

What are the goals of Pharming’s Phase III clinical trial in Japan?

The trial aims to assess the safety, tolerability, and efficacy of leniolisib in treating APDS in patients aged 12 years and older.

What is APDS?

Activated Phosphoinositide 3-Kinase Delta Syndrome (APDS) is a rare primary immunodeficiency caused by genetic variants, leading to severe infections and immune dysregulation.

How is Pharming Group expanding its global reach?

Pharming is pursuing regulatory approvals in Europe, the UK, Canada, Australia, Japan, and other markets to expand access to its therapies.

What other products is Pharming developing?

Pharming is developing a diversified portfolio including small molecules, biologics, and gene therapies, catering to a variety of rare diseases.

How can I stay updated on Pharming Group's latest developments?

Visit Pharming Group's official website at www.pharming.com or follow them on LinkedIn for the latest updates and detailed information.

Pharming Group N.V. ADS, each representing 10 ordinary shares

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