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biotechnology: Archive

Zacks Equity Research

Amicus (FOLD) Q1 Earnings Top, Sales Lag, '24 Outlook Updated

Amicus (FOLD) reports first-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimate but sales miss the same. The company updates its financial guidance for 2024.

LGNDPositive Net Change FOLDNegative Net Change ANIPPositive Net Change ANVSPositive Net Change

Zacks Equity Research

Xenon (XENE) Q1 Earnings Beat Estimates, Pipeline in Focus

Xenon (XENE) reports better-than-expected first-quarter 2024 earnings. Its development programs for azetukalner in epilepsy and MDD are progressing well.

NBIXNegative Net Change ANIPPositive Net Change XENENegative Net Change ANVSPositive Net Change

Zacks Equity Research

Prothena (PRTA) Q1 Earnings Miss Estimates on Higher R&D Expenses

Prothena (PRTA) posts a wider-than-expected loss in the first quarter on lower revenues and higher costs.

RHHBYPositive Net Change BMYPositive Net Change NVOPositive Net Change PRTAPositive Net Change

Zacks Equity Research

Catalyst (CPRX) Q1 Earnings Beat, Firdapse Sales Drive Revenues

Catalyst (CPRX) reports first-quarter results, wherein earnings and revenues beat the Zacks Consensus Estimate, driven by strong Firdapse sales.

LGNDPositive Net Change CPRXPositive Net Change ANIPPositive Net Change ANVSPositive Net Change

Zacks Equity Research

Acadia (ACAD) Q1 Earnings Surpass Estimates, Revenues Miss

Acadia's (ACAD) earnings in the first quarter of 2024 beat the Zacks Consensus Estimate, while revenues miss the same.

LGNDPositive Net Change ANIPPositive Net Change ACADPositive Net Change ANVSPositive Net Change

Zacks Equity Research

Intra-Cellular (ITCI) Q1 Earnings and Sales Beat Estimates

Intra-Cellular (ITCI) reports first-quarter 2024 results, wherein both earnings and revenues beat estimates, driven by strong Caplyta sales.

LGNDPositive Net Change ANIPPositive Net Change ITCIPositive Net Change ANVSPositive Net Change

Zacks Equity Research

Pacira (PCRX) Q1 Earnings Miss, Exparel Sales Drive Revenues

Pacira (PCRX) reports first-quarter 2024 results, wherein earnings miss but revenues beat estimates, driven by Exparel sales.

LGNDPositive Net Change PCRXNegative Net Change ANIPPositive Net Change ANVSPositive Net Change

Zacks Equity Research

Is a Surprise Coming for argenx (ARGX) This Earnings Season?

argenx (ARGX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

ARGXPositive Net Change

Zacks Equity Research

Denali (DNLI) Q1 Earnings Miss, Pipeline Progress in Focus

Denali (DNLI) Q1 loss narrows year over year due to lower expenses despite nil revenues.

SNYPositive Net Change BIIBPositive Net Change LGNDPositive Net Change DNLIPositive Net Change

Zacks Equity Research

Apellis' (APLS) Q1 Earnings Match Estimates, Revenues Beat

Apellis (APLS) reports first-quarter 2024 results, wherein earnings match the Zacks Consensus Estimate and revenues beat the same, driven by strong sales of Syfovre.

LGNDPositive Net Change ANIPPositive Net Change APLSNegative Net Change ANVSPositive Net Change

Zacks Equity Research

Absci (ABSI) to Report Q1 Earnings: Here's What to Expect

The focus is likely to be on progress on its pipeline candidates when generative AI drug creation company Absci (ABSI) reports first-quarter results.

ANIPPositive Net Change ADVMPositive Net Change ARVNPositive Net Change ABSINegative Net Change

Zacks Equity Research

Recursion (RXRX) to Report Q1 Earnings: What's in the Cards?

Recursion (RXRX) is expected to provide updates on its oncology and rare disease clinical-stage pipeline in its first-quarter earnings release, given the absence of a marketed product.

CPRXPositive Net Change ADVMPositive Net Change ARGXPositive Net Change RXRXNegative Net Change

Zacks Equity Research

ANI Pharmaceuticals (ANIP) to Post Q1 Earnings: What's in Store?

ANI Pharmaceuticals' (ANIP) revenues in the first quarter of 2024 are likely to have been driven by increased sales of its lead product, Cortrophin Gel, as well as growth in its generics business.

CPRXPositive Net Change ANIPPositive Net Change ADVMPositive Net Change ARGXPositive Net Change

Ekta Bagri

5 Biotech Stocks Worth Adding to Your Portfolio in 2024

New drug approvals and pipeline progress are likely to help maintain the momentum for the Zacks Biomedical and Genetics industry. A strong portfolio and solid pipeline progress position BMRN, BPMC, IMVT, KYMR and LGND well amid volatility.

BMRNPositive Net Change LGNDPositive Net Change BPMCNegative Net Change IMVTNegative Net Change KYMRNegative Net Change

Zacks Equity Research

Alnylam (ALNY) Q1 Loss Narrower Than Expected, Sales Rise Y/Y

Alnylam (ALNY) reports better-than-expected first-quarter 2024 results as both earnings and revenues beat estimates, primarily driven by strong Amvuttra sales.

REGNPositive Net Change ALNYNegative Net Change NVSPositive Net Change RHHBYPositive Net Change

Zacks Equity Research

Ultragenyx (RARE) Q1 Loss Wider Than Expected, Revenues Rise Y/Y

Ultragenyx (RARE) reports dismal first-quarter 2024 results, missing both earnings and revenue estimates, despite the year-over-year increase of Crysvita and Dojolvi sales.

REGNPositive Net Change LGNDPositive Net Change ANIPPositive Net Change RAREPositive Net Change

Zacks Equity Research

Kymera (KYMR) Q1 Loss Narrower Than Expected, Pipeline in Focus

Kymera (KYMR) reports a narrower-than-expected loss in the first quarter. The company expects the current cash balance to provide a runway into the first half of 2027.

SNYPositive Net Change AMRNPositive Net Change ANIPPositive Net Change KYMRNegative Net Change

Zacks Equity Research

Blueprint (BPMC) Q1 Earnings and Revenues Beat, Stock Rises

Blueprint (BPMC) gains from better-than-expected first-quarter 2024 results, driven by robust Ayvakit sales growth. The company raises its revenue guidance for 2024.

LGNDPositive Net Change ANIPPositive Net Change BPMCNegative Net Change ANVSPositive Net Change

Zacks Equity Research

The Zacks Analyst Blog Highlights Gilead Sciences, GSK, Deciphera, Bristol Myers and Editas Medicine

Gilead Sciences, GSK, Deciphera, Bristol Myers and Editas Medicine are included in this Analyst Blog.

GSKPositive Net Change BMYPositive Net Change GILDPositive Net Change EDITPositive Net Change DCPHPositive Net Change