Welcome to our dedicated page for Repligen news (Ticker: RGEN), a resource for investors and traders seeking the latest updates and insights on Repligen stock.
Repligen Corporation (NASDAQ: RGEN) is a global life sciences company specializing in the development, production, and commercialization of innovative bioprocessing technologies and systems that enhance the efficiency of biological drug manufacturing. Headquartered in Waltham, Massachusetts, the company operates additional manufacturing facilities in Sweden, Estonia, France, Germany, Ireland, the Netherlands, and the United States.
Repligen is renowned for its high-quality bioprocessing products, which are essential in the production of biological drugs. The company's product portfolio includes Protein A, a critical reagent used in the manufacturing of monoclonal antibody-based therapeutics, and several growth factor products that boost cell culture productivity in biomanufacturing. Additionally, Repligen offers OPUS™ (Open Platform User Specified) single-use chromatography columns, which are pivotal in the biologics purification process.
The company serves a diverse customer base that includes major life sciences and biopharmaceutical companies, as well as contract development and manufacturing organizations (CDMOs) worldwide. Repligen markets its products globally through a direct sales organization in the U.S., Europe, and Asia, complemented by strategic partnerships in select regions. North America remains the primary market, contributing the majority of the company's revenue.
Recent achievements include the acquisition of Metenova AB, a leading innovator in magnetic mixing technologies, to expand its Fluid Management portfolio. Despite challenges in the bioprocessing market, Repligen continues to exhibit resilience with steady revenue growth, particularly in its Analytics and Chromatography franchises.
Financially, Repligen reported second quarter revenues of $159.2 million in 2023 and has adjusted its full-year revenue guidance to a range of $635-$665 million. The company remains optimistic about overcoming current market headwinds, with a growing pipeline of opportunities expected to bolster orders in the fourth quarter.
Overall, Repligen's commitment to bioprocessing technology leadership and continuous innovation positions it as a significant player in the life sciences industry, driving advancements that support the development of life-saving biological drugs.
Repligen Corporation (NASDAQ:RGEN) announced its acquisition of Polymem S.A., a French specialist in hollow fiber membranes, on June 22, 2021. This acquisition enhances Repligen's production capabilities and R&D expertise, positioning it to meet growing demand in both industrial and bioprocessing markets. The deal is expected to close in Repligen's third fiscal quarter of 2021, utilizing cash reserves of approximately $711 million as of March 31, 2021. Polymem's leadership will remain in place post-acquisition, aiming to expand market reach and growth opportunities.
Repligen Corporation (NASDAQ:RGEN) has announced its participation in two virtual investor conferences. CEO Tony J. Hunt will join the William Blair 41st Annual Growth Stock Conference on June 1 at 1:40 p.m. EST and the Jefferies Virtual Healthcare Conference on June 3 at 2:30 p.m. EST. These discussions will be available via live webcast and can be replayed afterward. Repligen focuses on developing innovative bioprocessing technologies for biopharmaceutical manufacturers globally.
Repligen Corporation (NASDAQ:RGEN) reported a remarkable first-quarter revenue of $142.8 million, reflecting an 88% year-over-year increase and 69% organic growth. Key growth drivers included COVID-related demand contributing 25% of total revenue, alongside a 31% increase in its non-COVID base business. The company also revised its 2021 financial outlook, expecting total revenue between $565-$590 million, significantly up from previous guidance. GAAP EPS rose to $0.52 from $0.18 year-on-year. Adjusted EPS reached $0.68, compared to $0.32 in Q1 2020.
Repligen Corporation (NASDAQ:RGEN) will report its Q1 2021 financial results on May 4, 2021, with a press release issued before market opening. A conference call will be held at 8:30 a.m. EDT to discuss the results for the three-month period ending March 31, 2021. Callers can join via toll-free numbers for domestic and international participants, with no passcode required. The event will also be available for replay. As a leading life sciences company, Repligen specializes in innovative bioprocessing technologies aimed at enhancing biopharmaceutical manufacturing efficiency.
Repligen Corporation (NASDAQ:RGEN) will present virtually at the KeyBanc Life Science and MedTech Investor Forum on March 23-24, 2021. CEO Tony Hunt will participate in a fireside chat on March 24 at 9:15 a.m. EDT. The discussion will be available via live webcast on the company's Investor Relations website, with a replay accessible for a limited time post-event. Repligen specializes in innovative bioprocessing technologies, serving biopharmaceutical developers and contract manufacturers globally, with headquarters in Waltham, Massachusetts.
Repligen Corporation (NASDAQ:RGEN) will present at the Barclays Global Healthcare Conference from March 9-11, 2021. CFO Jon Snodgres is scheduled for a fireside chat on March 10 at 1:50 p.m. EST. A live webcast of this discussion will be available on the Company’s Investor Relations website and will be accessible for replay afterwards. Repligen specializes in innovative bioprocessing technologies for the biopharmaceutical industry, enhancing drug manufacturing efficiency globally.
Repligen Corporation (NASDAQ:RGEN) reported strong fourth quarter 2020 results with revenues of $108.6 million, a 56% year-over-year increase, driven by sales to COVID vaccine accounts. Total annual revenue reached $366.3 million, up 36% year-over-year. Operating income was $17.4 million, a significant rise, with a GAAP EPS of $0.36. For 2021, Repligen projects revenue between $500-$525 million, reflecting a 37%-43% growth rate.
Repligen Corporation (NASDAQ:RGEN) will present virtually at the 10th Annual SVB Leerink Healthcare Conference from February 22-26, 2021. Tony J. Hunt, the President and CEO, is scheduled to participate in a fireside chat on February 26 at 12:00 p.m. EST. Investors can access a live webcast and replay through the Company’s Investor Relations website. Repligen specializes in bioprocessing technologies that enhance the manufacturing of biological drugs, catering mainly to biopharmaceutical developers globally.
Repligen Corporation (NASDAQ:RGEN) has announced a webcast and conference call to discuss its fourth quarter and full year 2020 financial results, scheduled for February 24, 2021 at 8:30 a.m. EST. The financial report will be released before the market opens. Interested parties can join the call by dialing 844-274-3999 for domestic callers or 412-317-5607 for international callers. Repligen develops innovative bioprocessing technologies for biopharmaceutical manufacturers globally and has facilities in various countries including the U.S., Estonia, Germany, and Sweden.
Repligen Corporation (NASDAQ:RGEN) and Navigo Proteins GmbH have announced the commercial launch of the NGL COVID-19 Spike Protein Affinity Resin, designed to enhance the purification process of COVID-19 vaccines. This resin aims to provide a high-purity capture step, reducing processing time and improving yield. The resin meets high-performance standards, including selectivity and dynamic binding capacities. Positive customer feedback has been recorded, with orders for validated resins currently being accepted.
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