Welcome to our dedicated page for Argenx Se news (Ticker: ARGX), a resource for investors and traders seeking the latest updates and insights on Argenx Se stock.
argenx SE (ARGX) is a global immunology company listed on Euronext and Nasdaq that focuses on severe autoimmune diseases through antibody-based medicines. Its news flow centers on clinical data, regulatory milestones, commercial performance and strategic updates related to its FcRn-targeting medicine VYVGART and a broader pipeline of experimental antibodies.
Investors and healthcare observers following ARGX news can read about regulatory interactions such as the U.S. Food and Drug Administration’s acceptance for priority review of a supplemental Biologics License Application (sBLA) for VYVGART in acetylcholine receptor antibody seronegative generalized myasthenia gravis (gMG). Company announcements also cover Phase 3 trial readouts, including the ADAPT SERON study in seronegative gMG and other registrational programs across neuromuscular and autoimmune indications.
argenx regularly reports preliminary and quarterly financial results, highlighting global product net sales from the VYVGART franchise and outlining strategic priorities tied to its long-term "Vision 2030". News items describe the expansion of VYVGART and VYVGART Hytrulo across gMG, chronic inflammatory demyelinating polyneuropathy (CIDP) and immune thrombocytopenia (ITP) in certain regions, as well as progress with pipeline candidates such as empasiprubart and ARGX-119.
Corporate news includes leadership transitions, conference presentations at major medical and investor meetings, and updates from the company’s Immunology Innovation Program (IIP). For readers interested in ARGX stock and the evolution of its immunology franchise, this news feed provides a consolidated view of clinical, regulatory, commercial and corporate developments as disclosed in argenx press releases and related filings.
argenx SE reported strong second-quarter results with global net product sales of $75 million from its VYVGART® (efgartigimod alfa-fcab) launch in the U.S. and Japan. The company anticipates European approval in Q3 2022 and has filed a Biologics License Application (BLA) in China. Despite positive sales, argenx faces challenges with a net loss of $208.7 million for the quarter. Operating expenses rose to $259.7 million, primarily driven by R&D and SG&A costs. The company forecasts a cash burn of up to $1 billion for 2022 to support ongoing initiatives.
argenx will host a conference call on July 28, 2022, at 2:30 pm CET (8:30 am ET) to discuss its half-year 2022 financial results and provide a second quarter business update. Investors can access the live call via the Investors section of the argenx website. The call will include a webcast replay available for one year. Investors are encouraged to dial in 15 minutes early using access code 3810049 for efficient participation.
argenx announced a positive opinion from the CHMP for its drug efgartigimod, designed for adults with generalized myasthenia gravis (gMG) who are anti-AChR antibody positive. This recommendation indicates that the European Commission (EC) will decide on marketing authorization within approximately 60 days. If approved, efgartigimod will be the first FcRn blocker for gMG in Europe. The Phase 3 ADAPT trial demonstrated significant improvements in patients' strength and quality of life, reporting 68% responder rates on the MG-ADL scale compared to 30% for placebo. Efgartigimod has shown a favorable safety profile.
June 1, 2022 - argenx (ARGX), a company focused on autoimmune disease treatments, will participate in several key investor conferences this month. Events include the Jefferies 2022 Global Healthcare Conference on June 8 at 1:00 p.m. ET in New York, the Goldman Sachs 43rd Annual Global Healthcare Conference on June 15 at 3:20 p.m. PT in California, and the JMP Securities Life Sciences Conference also on June 15 in New York. Further details can be found on argenx's website.
argenx announced that its drug efgartigimod received a positive scientific opinion from the MHRA under the EAMS. This allows eligible patients with generalized myasthenia gravis (gMG) in the UK to access the treatment before official marketing authorization. The Medicine and Healthcare products Regulatory Agency granted efgartigimod a Promising Innovative Medicine (PIM) designation in November 2021. The European Medicines Agency is reviewing the marketing authorization application, with a decision expected in the second half of 2022.
argenx SE (Euronext & Nasdaq: ARGX) announced novel translational data from a Phase 2 study of efgartigimod for pemphigus, highlighting its potential role in autoimmune skin blistering disorders. The publication, presented at the Society for Investigative Dermatology Annual Meeting, reveals that efgartigimod treatment led to sustained reduction of antigen-specific B-cells, correlating with clinical improvement. The findings suggest efgartigimod may not only reduce IgG antibodies but also modulate B-cell activity and keratinocyte adhesion, addressing the unmet needs in pemphigus and bullous pemphigoid.
May 10, 2022 - argenx SE (Euronext & Nasdaq: ARGX) announced that all resolutions at its Annual General Meeting of Shareholders were passed. Approved resolutions include the endorsement of the annual report for 2021, advisory vote on the remuneration report, and the re-appointment of several directors for varying terms. The Board was authorized to issue shares representing up to 10% of the outstanding capital for the next 18 months. Deloitte Accountants B.V. was appointed as the auditor for the 2022 financial year.
argenx SE reported $21.2 million in net product sales for VYVGART during its initial U.S. commercial launch quarter. The company met its primary endpoint in the Phase 3 ADVANCE trial for treating primary immune thrombocytopenia (ITP). The commercial launch in Japan is set to begin this month, with additional approvals expected in Europe later this year. Despite strong initial sales, argenx faces a significant operating loss of $222.7 million for Q1 2022, largely due to increased R&D expenses and administrative costs. The company continues to invest in expanding its pipeline across multiple autoimmune indications.
argenx announced positive results from the Phase 3 ADVANCE trial of VYVGART (efgartigimod alfa-fcab) for adults with primary immune thrombocytopenia (ITP). The trial met its primary endpoint, showing a higher proportion of patients achieving sustained platelet response compared to placebo (21.8% vs. 5%, p=0.0316). Key secondary endpoints also demonstrated significant benefits. The safety profile of VYVGART was consistent with past trials. The ADVANCE-SC trial, which focuses on subcutaneous administration, is set to deliver topline data in Q1 2023.
argenx (ARGX) will participate in a fireside chat at the BofA Securities 2022 Healthcare Conference on May 11, 2022, at 10:40 a.m. P.T. in Las Vegas, NV. The event will be accessible via a live webcast on the company's Investors section of the argenx website, with a replay available for 90 days post-event. argenx aims to develop innovative antibody-based medicines for severe autoimmune diseases and is known for its pioneering work with the neonatal Fc receptor (FcRn) blocker.