Welcome to our dedicated page for United Therapeutics news (Ticker: UTHR), a resource for investors and traders seeking the latest updates and insights on United Therapeutics stock.
United Therapeutics Corporation (UTHR) is a pioneering biotechnology company dedicated to developing and commercializing innovative products that address unmet medical needs for patients with chronic and life-threatening conditions. The company's core business revolves around the creation of treatments for pulmonary arterial hypertension (PAH), a rare and progressive disease characterized by high blood pressure in the lungs' arteries. United Therapeutics' therapies predominantly focus on the prostacyclin pathway, with many treatments based on the molecule treprostinil.
With five approved products on the market, United Therapeutics is relentless in its mission to deliver 'medicines for life.' The company's long-term vision includes providing an unlimited supply of transplantable organs to those in need. Employees collaborate across the United States, Europe, and Asia to achieve this ambitious goal.
In addition to its focus on PAH, the company is also dedicated to researching and developing treatments for cardiovascular and pulmonary diseases, pediatric cancers, and other orphan diseases. United Therapeutics markets a pediatric oncology drug, but its primary focus remains on advancing therapeutics for PAH.
United Therapeutics has seen significant achievements in recent years, continually pushing the boundaries of medical science. Their financial condition remains robust, driven largely by sales within the United States. The company is actively engaged in various partnerships and projects aimed at enhancing their therapeutic offerings and expanding their global footprint.
United Therapeutics (UTHR) reported strong financial results for Q2 2024, with total revenues growing 20% year-over-year to $714.9 million. Key highlights include:
- Net income increased 7% to $278.1 million
- Diluted EPS rose 12% to $5.85
- Tyvaso revenues grew 25% to $398.2 million
- Remodulin revenues increased 16% to $147.3 million
The company attributed its growth to continued traction for Tyvaso in pulmonary hypertension associated with interstitial lung disease, along with strong performance of other products. United Therapeutics also announced a $1 billion accelerated share repurchase program, with final settlement expected in Q3 2024.
United Therapeutics (Nasdaq: UTHR) has announced that it will release its second quarter 2024 financial results before the market opens on Wednesday, July 31, 2024. A press release detailing the quarterly results will be issued at approximately 6:30 a.m. Eastern Time. The company will host a public webcast at 9:00 a.m. Eastern Time on the same day, accessible via their website. A rebroadcast of the webcast will be available for one year.
United Therapeutics is a publicly-traded biotech company that has taken the form of a public benefit (PBC). Their mission focuses on innovating for unmet medical needs and developing novel pharmaceutical therapies and technologies to expand the availability of transplantable organs.
United Therapeutics (Nasdaq: UTHR) announced the full enrollment of the TETON 2 study, evaluating Tyvaso® (treprostinil) inhalation solution for idiopathic pulmonary fibrosis (IPF). The study enrolled 597 patients outside the U.S. and Canada and is part of a global program assessing inhaled treprostinil in IPF and progressive pulmonary fibrosis (PPF). Top-line data is expected in the second half of 2025. The TETON program is inspired by favorable outcomes from the INCREASE study, which showed significant improvements in forced vital capacity (FVC) for IPF patients using nebulized Tyvaso. United Therapeutics aims to use these studies to seek FDA approval for Tyvaso DPI to treat IPF and PPF.
United Therapeutics (Nasdaq: UTHR) has elected Jan Malcolm, former Minnesota Commissioner of Health, to its Board of Directors. She was elected by shareholders during the annual meeting on June 26, 2024. Malcolm has a distinguished career in health policy, public health, and healthcare finance, highlighted by her leadership during the COVID-19 pandemic in Minnesota and her recognition by the American Medical Association with the AMA Award for Outstanding Government Service. Her experience includes roles at Allina Health and Courage Center. Malcolm will contribute to United Therapeutics' mission to address unmet medical needs, particularly in the area of end-stage organ diseases.
United Therapeutics (Nasdaq: UTHR) will present at the Goldman Sachs 45th Annual Global Healthcare Conference. Patrick Poisson, Executive Vice President, Technical Operations, will provide an overview and update on the company's operations during a fireside chat session. This session is scheduled for Wednesday, June 12, 2024, from 4:00 p.m. to 4:35 p.m. Eastern Daylight Time in Miami Beach, Florida. The session will be accessible via a live webcast on United Therapeutics' website and will be archived for 90 days post-event. United Therapeutics, a public benefit , focuses on developing novel pharmaceutical therapies and technologies to expand the availability of transplantable organs.
United Therapeutics reported strong financial results for the first quarter of 2024, with total revenues growing by 34 percent year-over-year to $677.7 million. The company's net income also increased by 27 percent, demonstrating its solid commercial foundation and growth potential. Key highlights include the implementation of a $1 billion accelerated share repurchase program, showcasing confidence in the company's future prospects.
United Therapeutics (Nasdaq: UTHR) announced the world's first successful transplant of a UThymoKidney™ into a living person, marking historic milestones in xenotransplantation. The recipient, a 54-year-old woman from New Jersey with heart and kidney failure, received the xenokidney on April 12, 2024. This groundbreaking procedure represents a significant advancement in addressing the organ transplant shortage and opens new possibilities for patients in need of life-saving transplants.
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