Welcome to our dedicated page for Aurinia Pharmace news (Ticker: AUPH), a resource for investors and traders seeking the latest updates and insights on Aurinia Pharmace stock.
Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) news covers the company’s progress as a biopharmaceutical issuer focused on therapies for autoimmune diseases with high unmet medical needs. Investors and followers of AUPH can use this page to review company‑issued updates, financial announcements and clinical data disclosures that shape the outlook for its products and pipeline.
News releases from Aurinia frequently highlight commercial performance and medical data for LUPKYNIS (voclosporin), which the company describes as the first FDA‑approved oral therapy for adult patients with active lupus nephritis. Regular quarterly earnings announcements detail trends in net product sales of LUPKYNIS, license, collaboration and royalty revenue, net income and cash flows. These updates are often accompanied by guidance ranges for total revenue and net product sales, as well as information on the company’s share repurchase plan.
In addition to financial results, Aurinia’s news flow includes clinical and scientific milestones. The company has reported post‑hoc analyses from the AURORA 1 trial, real‑world data from the ENLIGHT‑LN registry and new mechanistic findings on voclosporin, often presented at major rheumatology and nephrology meetings. Separate announcements describe progress with aritinercept (AUR200), a dual BAFF and APRIL inhibitor, including Phase 1 study results and plans for further clinical development in autoimmune diseases.
Visitors to this AUPH news page can review a stream of earnings releases, pipeline updates, medical conference presentations and regulatory‑related communications drawn from company press releases and SEC‑referenced materials. This provides a centralized view of how Aurinia communicates its commercial performance, clinical findings and strategic steps in autoimmune disease drug development.
Aurinia Pharmaceuticals Inc. (NASDAQ:AUPH) announced the grant of inducement stock options and restricted stock units (RSUs) to two new employees. A total of 36,220 stock options were issued, with an exercise price of $5.10, alongside 22,120 RSUs, all dated December 5, 2022. The options vest over three years, while the RSUs vest in equal annual installments over three years. This grant aligns with Nasdaq Listing Rule 5635(c)(4) and aims to attract talent to support the company's mission in autoimmune disease therapeutics.
Aurinia Pharmaceuticals has received marketing authorization for LUPKYNIS (voclosporin) from the U.K. Medicines and Healthcare products Regulatory Agency (MHRA) to treat adults with active lupus nephritis (LN). This approval follows the European Commission's authorization on September 19, 2022, highlighting the drug's promising phase 3 clinical trial outcomes. LUPKYNIS is the first oral medication approved in both the U.S. and Europe for LN, aiming to improve treatment accessibility for patients.
Aurinia Pharmaceuticals announced Q3 2022 net revenue of $55.8 million, up from $14.7 million in Q3 2021. The revenue includes a $30 million milestone from Otsuka for LUPKYNIS® approval in Europe. The company adjusted its revenue guidance for 2022 to $100-105 million and projected $120-140 million for 2023. As of October 31, 2022, Aurinia reported approximately $400 million in cash and equivalents. Despite a slight decline in new patient start forms, the company achieved significant progress in commercialization and patient adherence.
Aurinia Pharmaceuticals announced it will release its third quarter 2022 financial and operational results on November 3, 2022, before market opening. The company’s management will host a conference call and webcast at 8:30 am ET on the same day to discuss the results and provide a business update. Participants can join the call by dialing 877-407-9170 (U.S. and Canada) or via the company’s website. Aurinia is known for its FDA-approved treatment LUPKYNIS® for lupus nephritis, aiming to meet high medical needs in targeted patient populations.
Aurinia Pharmaceuticals (NASDAQ:AUPH) announced that data from various studies of LUPKYNIS® (voclosporin) will be presented at the American Society of Nephrology (ASN) Kidney Week 2022 in Orlando, Florida, from November 3-6. The presentations will highlight LUPKYNIS's long-term safety and efficacy in treating active lupus nephritis (LN), a severe complication of systemic lupus erythematosus (SLE). Notable studies include efficacy over three years and a prospective registry of patients treated with voclosporin.
Aurinia Pharmaceuticals (NASDAQ:AUPH) announced the granting of inducement stock options and restricted stock units (RSUs) to four new employees. A total of 20,800 stock options priced at $7.52 per share and 12,500 RSUs were granted, effective October 3, 2022. The stock options vest over three years, with one-third vesting after one year, while the RSUs vest in three annual installments. This opportunity is aligned with Nasdaq Listing Rule 5635(c)(4) and aims to attract talent critical to the company’s mission of addressing autoimmune diseases.
Aurinia Pharmaceuticals announced five abstracts on the long-term safety and efficacy of voclosporin, particularly for Latino patients with Class V lupus nephritis, ahead of ACR Convergence 2022 in Philadelphia from November 10-14. The presentations highlight voclosporin’s effectiveness in managing proteinuria and its safety over extended use. Aurinia also emphasized its commitment to autoimmune disease treatment with a focus on AUR200, a pre-clinical asset. This reinforces the company's strategic position in the lupus nephritis treatment market.
Aurinia Pharmaceuticals announced that the European Commission has granted marketing authorization for LUPKYNIS (voclosporin) to treat adults with active lupus nephritis, marking it as the first oral treatment approved in both the U.S. and Europe. This approval will trigger a $30 million milestone payment, expected to be recognized as revenue in Q3. The decision is based on positive results from pivotal Phase 3 studies. LUPKYNIS is also under review in Great Britain and Switzerland, with further milestone payments linked to its success.
Aurinia Pharmaceuticals reported a net revenue of $28.2 million for Q2 2022, significantly up from $6.6 million in Q2 2021. The company maintains its 2022 revenue guidance of $115-$135 million, mainly from its drug, LUPKYNIS® (voclosporin). The patient treatment count has risen to 1,274, with strong conversion rates and payor coverage. However, the net loss for the quarter was $35.5 million, an improvement from a $47 million loss in the prior year. Aurinia also reported $391.7 million in cash and investments as of June 30, 2022, ensuring adequate liquidity for upcoming operations.
Aurinia Pharmaceuticals (NASDAQ:AUPH) announced the grant of inducement stock options and restricted stock units (RSUs) to new executives and employees. The Compensation Committee approved 488,095 stock options and 290,343 RSUs for new executives Volker Knappertz and Scott Habig, alongside 123,100 stock options and 73,700 RSUs for ten new employees. The options have an exercise price of $8.18, the stock's closing price on July 29, 2022, and vest over three years. This aligns with Nasdaq Listing Rule 5635(c)(4) for inducement grants.