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biotechs: Archive

Zacks Equity Research

Mirum's (MIRM) Q1 Earnings & Revenues Fall Shy of Estimates

Mirum's (MIRM) earnings and revenues miss estimates in the first quarter of 2024. Livmarli drives year-over-year sales.

LGNDNegative Net Change ENTXPositive Net Change MIRMPositive 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.

LGNDNegative Net Change CPRXNegative Net Change ANIPNegative Net Change ANVSNegative Net Change

Zacks Equity Research

CRISPR's (CRSP) Q1 Loss Narrower-Than-Expected, Sales Miss

CRISPR Therapeutics (CRSP) reports mixed earnings results for first-quarter 2024. Management claims that the commercial launch for the first ever CRISPR-based gene therapy is progressing well.

VRTXNegative Net Change UTHRNegative Net Change LGNDNegative Net Change CRSPNegative 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.

LGNDNegative Net Change ANIPNegative Net Change ACADNegative Net Change ANVSNegative Net Change

Zacks Equity Research

Ligand (LGND) Beats Q1 Earnings, Misses Sales Estimates

Ligand Pharmaceuticals (LGND) reports mixed first-quarter results. Management reiterates the 2024 financial outlook.

LGNDNegative Net Change AGENNegative Net Change VKTXNegative Net Change TVTXNegative 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.

LGNDNegative Net Change ANIPNegative Net Change ANVSNegative 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.

LGNDNegative Net Change PCRXNegative Net Change ANIPNegative Net Change ANVSNegative Net Change

Zacks Equity Research

Beam Therapeutics (BEAM) Q1 Loss Narrows, Revenues Miss

Beam Therapeutics (BEAM) reports mixed first-quarter results. The company remains focused on pipeline development.

LGNDNegative Net Change BEAMNegative Net Change ENTXPositive Net Change

Zacks Equity Research

Halozyme's (HALO) Q1 Earnings Beat, Revenues Lag Estimates

Halozyme (HALO) reports mixed first-quarter 2024 earnings. The company maintains revenue guidance for 2024.

RHHBYNegative Net Change JNJNegative Net Change HALOPositive Net Change LGNDNegative 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.

SNYNegative Net Change BIIBNegative Net Change LGNDNegative Net Change DNLIPositive Net Change

Zacks Equity Research

Guardant (GH) Gears Up for Q1 Earnings: Here's What to Expect

Investors' focus will likely be on revenues generated by Guardant Health (GH) from its precision oncology testing business.

ANIPNegative Net Change ANABNegative Net Change ARGXPositive Net Change GHPositive Net Change

Zacks Equity Research

Axsome (AXSM) Q1 Loss Widens Y/Y, Revenues Beat Estimates

Axsome's (AXSM) bottom line declines year over year in the first quarter. Strong sales of Auvelity drive revenues.

JAZZPositive Net Change LGNDNegative Net Change AXSMNegative Net Change CTKBNegative Net Change

Zacks Equity Research

Rocket's (RCKT) Q1 Loss Narrower Than Expected, Sales Nil

Rocket Pharmaceuticals' (RCKT) first-quarter earnings beat estimates. Devoid of marketed drugs, the company did not report any revenues during the quarter.

UTHRNegative Net Change LGNDNegative Net Change ANIPNegative Net Change RCKTNegative 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.

LGNDNegative Net Change ANIPNegative Net Change APLSNegative Net Change ANVSNegative Net Change

Zacks Equity Research

Vertex's (VRTX) Q1 Earnings Beat, Trikafta Drives Sales

Vertex's (VRTX) first-quarter earnings and revenues surpass estimates. Higher sales of Trikafta/Kaftrio in U.S. and ex-U.S. markets drive the top line.

VRTXNegative Net Change LGNDNegative Net Change CRSPNegative Net Change ALPNNegative 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.

ANIPNegative Net Change ADVMPositive Net Change ARVNPositive Net Change ABSINegative Net Change

Zacks Equity Research

CRISPR (CRSP) to Report Q1 Earnings: What's in the Cards?

On CRISPR Therapeutics' (CRSP) first-quarter 2024 earnings call, investors' focus is likely to be on the updates related to the first sales numbers of its newly approved gene therapy, Casgevy.

VRTXNegative Net Change ANIPNegative Net Change CRSPNegative 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.

CPRXNegative 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.

CPRXNegative Net Change ANIPNegative Net Change ADVMPositive Net Change ARGXPositive Net Change

Kinjel Shah

Watch These 5 Drug Stocks for Q1 Earnings: Beat or Miss?

Let us look at five drug, generic companies, PRGO, IOVA, VTRS, TEVA and ACAD, which are gearing up for their earnings release this week.

TEVANegative Net Change PRGONegative Net Change ACADNegative Net Change IOVANegative Net Change VTRSNegative Net Change

Zacks Equity Research

Iovance (IOVA) Gears Up for Q1 Earnings: Here's What to Expect

Investors' focus will likely be on Iovance's (IOVA) progress with its ongoing commercial launch for a recently approved melanoma drug. An update is also expected on its early-stage pipeline.

ANIPNegative Net Change ANABNegative Net Change ARGXPositive Net Change IOVANegative Net Change

Zacks Equity Research

Viatris (VTRS) to Report Q1 Earnings: Is a Beat in Store?

Viatris' (VTRS) Q1 results are likely to gain from momentum in its branded and incremental revenues from new product launches.

CPRXNegative Net Change ANIPNegative Net Change ADVMPositive Net Change VTRSNegative 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.

BMRNNegative Net Change LGNDNegative 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.

REGNNegative Net Change ALNYNegative Net Change NVSNegative Net Change RHHBYNegative 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.

REGNNegative Net Change LGNDNegative Net Change ANIPNegative Net Change RARENegative Net Change