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Xeris Biopharma Holdings - XERS STOCK NEWS

Welcome to our dedicated page for Xeris Biopharma Holdings news (Ticker: XERS), a resource for investors and traders seeking the latest updates and insights on Xeris Biopharma Holdings stock.

Overview

Xeris Biopharma Holdings Inc (XERS) is a biopharmaceutical company that specializes in developing and commercializing innovative, ready-to-use biotherapeutics. The company is distinguished by its deep expertise in formulation science and biotherapeutic development, with a unique focus on addressing challenging conditions in the fields of endocrinology, neurology, and gastroenterology. By leveraging proprietary technologies such as XeriSol and XeriJect, Xeris aims to simplify treatment administration and improve patient outcomes through ultra-low volume injectable devices and patient-friendly formulations.

Core Technologies and Product Portfolio

Central to Xeris Biopharma’s mission is the use of breakthrough formulation science. The company’s proprietary technologies have been instrumental in creating products that stand out for their ease of use and direct applicability to clinical needs. XeriSol focuses on innovative formulation strategies while XeriJect has paved the way for ultra-low volume injectable devices that potentially mitigate the discomfort of traditional injection methods. This technological edge supports a portfolio that is uniquely positioned to serve patient populations requiring precise, efficient, and less invasive therapeutic solutions.

Commercial Products

Xeris has successfully brought several therapies to market that address critical conditions with new methods of administration. The product Gvoke offers ready-to-use liquid glucagon, designed for the rapid treatment of severe hypoglycemia, thereby ensuring swift and reliable relief during emergencies. Keveyis, another milestone, is recognized as the first FDA-approved therapy intended for primary periodic paralysis, marking a significant advancement in neuromuscular treatment options. Additionally, Recorlev provides an FDA-approved treatment for endogenous hypercortisolemia in adults with Cushing's Syndrome. Each of these commercial products not only meets specific therapeutic needs but also exemplifies the company’s commitment to refining drug delivery through advanced biotherapeutic formulations.

Innovative Pipeline and Formulation Science

Beyond its existing market offerings, Xeris Biopharma has a robust pipeline of development programs aimed at expanding its footprint in the biotherapeutic landscape. The company’s ongoing research utilizes its own formulation platforms to address unmet clinical needs. By continuously focusing on innovation in drug formulation and injectable delivery, Xeris demonstrates an unwavering commitment to pushing the boundaries of conventional treatment methodologies. Its efforts in refining ultra-low volume, ready-to-use biotherapeutics provide a strategic advantage, potentially alleviating the challenges associated with traditional injection therapies for hundreds of millions of patients.

Market Position and Competitive Landscape

Operating within the competitive arena of biopharmaceuticals, Xeris Biopharma holds a distinct niche due to its focus on patient-friendly, ready-to-use biotherapeutics. Its targeted approach in addressing conditions related to endocrinology, neurology, and gastroenterology distinguishes it from more traditional pharmaceutical companies. Positioned in a sector that demands constant innovation and a careful balance of safety and efficacy, Xeris has integrated rigorous formulation science with practical clinical applications, thus reinforcing its reputation as a company grounded in deep technical expertise and clinical insight.

Patient-Centric Approach and Value Proposition

The company’s innovative approach is underscored by its commitment to enhancing the treatment experience for patients. By developing therapies that are not only clinically effective but also easier to administer, Xeris focuses on lowering the barriers to treatment adherence. The incorporation of patient-friendly injectable devices, designed to ease the discomfort commonly associated with injections, speaks to a broader vision of improved quality of life. This patient-centric perspective is woven into every facet of the company’s operations, ensuring that every product is developed with the end-user’s comfort and convenience in mind.

Operational Excellence and Regulatory Rigor

Xeris Biopharma operates in an environment where compliance and clinical precision are paramount. The company’s products have undergone and continue to meet stringent regulatory standards, assuring stakeholders of both safety and efficacy. Through a disciplined regulatory strategy and a commitment to high-quality manufacturing practices, Xeris reinforces its position as a trusted entity in the formulation and delivery of biotherapeutics. This adherence to strict quality control further enhances the reliability of its products, establishing a strong foundation for long-term credibility in an increasingly competitive field.

Conclusion

In summary, Xeris Biopharma Holdings Inc presents a compelling case study in the integration of advanced formulation science with practical biotherapeutic applications. Its commercial products, such as Gvoke, Keveyis, and Recorlev, exemplify its ability to address diverse patient needs effectively. Supported by proprietary technologies like XeriSol and XeriJect, the company’s approach highlights a strategic blend of innovation, patient focus, and operational rigor. Through its commitment to developing ultra-low volume, ready-to-use therapies, Xeris continues to enhance treatment options within endocrinology, neurology, and gastroenterology, providing a clear reflection of expertise and a steadfast commitment to improved patient outcomes.

Rhea-AI Summary

Xeris Biopharma Holdings (Nasdaq: XERS) announced its participation in the Jefferies Global Healthcare Conference. Senior management will host a fireside chat on June 6 at 2:00 PM Eastern Time. A live webcast will be available on Xeris’ Investor Relations website and will remain accessible for 60 days.

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Xeris Biopharma reported a Q1 2024 total revenue of $40.6M, up 22% from Q1 2023, with full-year 2024 revenue guidance set at $175M-$200M. They ended Q1 with $87.4M in cash, closed licensing agreements for XeriJect® and XeriSol™ formulations, and announced a partnership with Beta Bionics. The company highlighted growth in product revenue, net revenue, and new technology partnerships.

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Xeris Biopharma Holdings, Inc. (Nasdaq: XERS) has entered into an exclusive worldwide collaboration and license agreement with Beta Bionics, Inc. for the development and commercialization of a liquid stable glucagon product for use in bi-hormonal pump systems. This agreement marks a significant step towards bringing innovative diabetes management solutions to the market.

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Xeris Biopharma Holdings, Inc. (Nasdaq: XERS) will report its first quarter 2024 financial results on May 9, 2024. The company is dedicated to developing and commercializing innovative products across various therapies. A conference call and webcast will be held at 8:30 a.m. Eastern Time to discuss the financial and operational results.

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Xeris Biopharma Holdings, Inc. granted 103,000 restricted stock units to 18 new employees under its Inducement Equity Plan. The units will vest over three years, subject to continued employment.
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Xeris Biopharma Holdings, Inc. (Nasdaq: XERS) will present at the 23rd Annual Needham Virtual Healthcare Conference. The presentation by CEO Paul R. Edick aims to provide an overview of the company's innovative products. Interested parties can access the presentation on April 9, 2024, at 11:00 am Eastern Time through the investor relations page of Xeris' website.
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Xeris Biopharma Holdings, Inc. (Nasdaq: XERS) achieved total revenue of over $44M in the fourth quarter, a 34% increase from the same period the prior year, and generated approximately $164M for the full year 2023, a 49% increase versus the prior year. The company ended 2023 with over $72M in cash, cash equivalents, and short-term investments, achieving cash flow positive of over $6M in the fourth quarter. Xeris entered into a worldwide license agreement for XeriJect® formulation of teprotumumab, refinanced and upsized Hayfin term loan to a lower overall cost of capital, and provided full-year 2024 guidance of total net revenue of $170M-$200M and year-end cash, cash equivalents, and short-term investments of $55M-$75M.
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Xeris Biopharma Holdings, Inc. secures a $215M debt facility with Hayfin Capital Management LLP, improving cost of capital and reducing borrowing interest rate. The company can draw down $15.2M to redeem outstanding convertible notes. The facility enhances Xeris' financial flexibility for business growth and operations.
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Xeris Biopharma Holdings, Inc. (XERS) announced the release of its fourth quarter and full year 2023 financial results on March 6, 2024. The company will host a conference call to discuss financial and operational results, as well as provide guidance for full-year 2024. Investors can pre-register for the call and access a replay until March 20, 2024.
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Xeris Biopharma Holdings, Inc. (XERS) to present at Oppenheimer 34th Annual Healthcare Life Sciences Conference. CEO Paul R. Edick to provide an overview on February 13, 2024, at 10:00 am Eastern Time. Interested individuals can access the presentation on the investor relations page of the company's website.
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FAQ

What is the current stock price of Xeris Biopharma Holdings (XERS)?

The current stock price of Xeris Biopharma Holdings (XERS) is $4.11 as of April 17, 2025.

What is the market cap of Xeris Biopharma Holdings (XERS)?

The market cap of Xeris Biopharma Holdings (XERS) is approximately 640.4M.

What is the primary focus of Xeris Biopharma Holdings?

Xeris Biopharma Holdings is primarily focused on developing and commercializing innovative, ready-to-use biotherapeutics for conditions in endocrinology, neurology, and gastroenterology, using proprietary formulation technologies.

What are the key commercial products offered by Xeris?

The company offers products such as Gvoke for severe hypoglycemia, Keveyis for primary periodic paralysis, and Recorlev for endogenous hypercortisolemia in adult patients with Cushing's Syndrome.

What proprietary technologies underpin Xeris's product development?

Xeris leverages its proprietary formulation platforms, notably XeriSol and XeriJect, which allow for the creation of ultra-low volume, ready-to-use injection therapies that emphasize patient comfort and ease of use.

How does Xeris address the challenges associated with traditional injections?

By focusing on ultra-low volume injectable devices and advanced formulation science, Xeris aims to reduce the discomfort associated with traditional injections, potentially easing treatment for hundreds of millions of patients.

In which therapeutic areas does Xeris operate?

Xeris operates in several therapeutic areas including endocrinology, neurology, and gastroenterology, addressing conditions that benefit from improved biotherapeutic formulations.

What distinguishes Xeris's approach in the biopharmaceutical industry?

Xeris's approach is distinguished by its integration of advanced formulation science with patient-centric delivery methods, ensuring that its therapies are not only clinically effective but also address the practical challenges of medication administration.

How does the company ensure the quality and safety of its products?

The company adheres to strict regulatory standards and employs rigorous quality control measures, ensuring that each product meets the required safety and efficacy benchmarks set by regulatory authorities.

How is Xeris positioned within its competitive landscape?

Xeris is positioned as a niche biopharmaceutical company with a strong focus on innovative biotherapeutics. Its specialized approach to drug formulation and patient-friendly injectable therapies helps differentiate it from traditional companies in the pharmaceutical industry.
Xeris Biopharma Holdings

Nasdaq:XERS

XERS Rankings

XERS Stock Data

640.39M
145.20M
3.99%
42.87%
6.91%
Biotechnology
Pharmaceutical Preparations
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United States
CHICAGO