Welcome to our dedicated page for Agios Pharmaceuticals news (Ticker: AGIO), a resource for investors and traders seeking the latest updates and insights on Agios Pharmaceuticals stock.
Agios Pharmaceuticals Inc. (AGIO) is a leader in developing therapies for rare hematologic and genetic disorders through its groundbreaking work in cellular metabolism. This page provides investors and industry professionals with timely updates on AGIO’s clinical advancements, regulatory milestones, and strategic initiatives.
Discover official press releases covering AGIO’s progress in treating conditions like pyruvate kinase deficiency, thalassemia, and sickle cell disease. The curated news includes updates on clinical trials, FDA communications, research collaborations, and pipeline expansions. Each update is sourced to ensure accuracy and relevance for informed decision-making.
Key areas of coverage include novel therapeutic developments, regulatory submissions, and strategic partnerships that underscore AGIO’s role in advancing precision medicine. Bookmark this page to stay informed about the company’s contributions to transforming rare disease treatment through metabolic science.
Agios Pharmaceuticals announced that its Phase 3 ACTIVATE trial of mitapivat for PK deficiency achieved its primary endpoint, with 40% of patients experiencing a significant hemoglobin increase of ≥1.5 g/dL, compared to none in the placebo group (p<0.0001). The safety profile aligns with prior data, and no adverse events led to discontinuation. Agios plans to seek regulatory approval in the U.S. and EU in 2021, with a potential launch in 2022. Topline results from the ACTIVATE-T trial are expected in Q1 2021.
Agios Pharmaceuticals (NASDAQ:AGIO) announced the launch of Anemia ID, a no-cost genetic testing program for patients with suspected hereditary anemias. This initiative aims to provide comprehensive diagnostic testing using a next-generation sequencing panel that explores over 50 genetic mutations linked to various anemia disorders. The program seeks to facilitate accurate diagnoses, thereby improving disease management and treatment options for patients. The testing is conducted by PerkinElmer Genomics, and all costs are covered by Agios.
Agios Pharmaceuticals (NASDAQ:AGIO) is set to present at the Piper Sandler 32nd Annual Virtual Healthcare Conference on December 2, 2020, at 2:00 p.m. ET. This event highlights Agios' commitment to advancing treatments in cancer and rare genetic diseases through its focus on cellular metabolism.
A live webcast will be available in the Investors section of the Agios website, with an archived replay accessible for two weeks post-presentation.
Agios Pharmaceuticals (NASDAQ: AGIO) announced that the FDA granted orphan drug designation to its PKR activator, mitapivat, for treating sickle cell disease. This designation highlights the significant unmet needs of this patient group. Mitapivat is an investigational oral drug aimed to enhance red blood cell energy and longevity by improving PKR enzyme activity. The company plans to initiate a Phase 3 study in 2021. Orphan drug designation provides benefits like market exclusivity upon approval, reduced FDA fees, and tax credits for clinical trials.
Agios Pharmaceuticals reported a net revenue of $31.7 million for TIBSOVO® in Q3 2020, a 15% increase from the previous quarter. Total revenue reached $34.7 million, up 33% year-over-year, supported by an 82% rise in TIBSOVO® sales. The company narrowed its 2020 revenue guidance for TIBSOVO® to $113–115 million. Upcoming milestones include topline data from the ACTIVATE trial by year-end and a supplemental new drug application for TIBSOVO® in Q1 2021. However, they withdrew the European Marketing Authorization Application for TIBSOVO® in AML following feedback from the EMA.
Agios Pharmaceuticals will host a virtual investor event on December 8, 2020, at 8:00 a.m. ET to discuss key clinical findings presented at the American Society of Hematology (ASH) Annual Meeting from December 5-8, 2020.
Eight abstracts from Agios and three from collaborators will be showcased, focusing on their oncology and rare genetic diseases programs. Notable presentations include findings on Ivosidenib and various studies related to Pyruvate Kinase Deficiency. For further details, the event will be webcast live on their website.
Agios Pharmaceuticals will host a webinar on November 19, 2020, from 8:00 a.m. to 10:30 a.m. ET, focusing on its pyruvate kinase-R (PKR) activation clinical programs and commercial outlook for hemolytic anemias. The event will feature presentations from Agios leadership and experts discussing PKR's role in treating disorders such as pyruvate kinase deficiency, thalassemia, and sickle cell disease. Attendees can access the live webcast through the Agios website, with a replay available for two weeks post-event.
Agios Pharmaceuticals (NASDAQ: AGIO) will hold a conference call on November 5, 2020, at 8:00 a.m. ET to discuss its third quarter 2020 financial results and business highlights. Interested parties can access the live webcast via the company's website or join by phone. Agios focuses on developing innovative treatments for cancer and rare genetic diseases, boasting two approved oncology medicines and a robust pipeline of investigational therapies.
Agios Pharmaceuticals has withdrawn its European Marketing Authorization Application for TIBSOVO® (ivosidenib) in treating adult patients with relapsed or refractory acute myeloid leukemia (AML) due to insufficient clinical data supporting its benefit-risk balance. The company is advancing two Phase 3 trials of TIBSOVO® in newly diagnosed AML, which could lead to future approvals in the U.S. and EU. The company emphasizes their commitment to developing targeted treatment options for AML patients.
Agios Pharmaceuticals (NASDAQ: AGIO) has announced the final overall survival (OS) analysis from its Phase 3 ClarIDHy trial assessing TIBSOVO® (ivosidenib) in previously treated patients with IDH1-mutant cholangiocarcinoma. While a trend indicating improved OS was noted, it lacked statistical significance. Nonetheless, a significant improvement in progression-free survival (PFS) was achieved (HR 0.37, p-value < 0.0001). The company plans to file a supplemental new drug application in Q1 2021 and aims for collaboration with regulators to advance treatment options for this aggressive cancer.
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