Welcome to our dedicated page for Neurocrine Biosciences news (Ticker: NBIX), a resource for investors and traders seeking the latest updates and insights on Neurocrine Biosciences stock.
Neurocrine Biosciences Inc (NBIX) is a leading neuroscience-focused biopharmaceutical company developing innovative therapies for complex neurological, endocrine, and neuropsychiatric disorders. This comprehensive news hub provides investors and healthcare professionals with timely updates on clinical developments, regulatory milestones, and strategic initiatives driving the company's mission to address unmet medical needs.
Stay informed with verified updates spanning FDA decisions, clinical trial results, research collaborations, and market expansion efforts. Our curated news collection covers essential developments including movement disorder therapies like Ingrezza® for tardive dyskinesia, endocrine disorder treatments, and emerging pipeline candidates in neuropsychiatry.
Key focus areas include updates on late-stage clinical programs, partnership announcements with academic institutions, and analyses of therapeutic innovations targeting conditions from Huntington's disease chorea to congenital adrenal hyperplasia. All content is rigorously sourced to ensure accuracy and relevance for both professional investors and medical stakeholders.
Bookmark this page for centralized access to Neurocrine Biosciences' latest scientific advancements, financial disclosures, and treatment development progress. Check regularly for objective reporting on one of biopharma's most innovative neuroscience-focused enterprises.
On September 15, 2022, Neurocrine Biosciences presented data on ONGENTYS® (opicapone) at the MDS International Congress in Madrid, Spain. The findings indicate that a once-daily 50 mg dose of ONGENTYS alongside levodopa/carbidopa can reduce soluble-catechol-O-methyltransferase (S-COMT) activity by over 80%, leading to more consistent levodopa exposure in Parkinson’s disease patients. The analysis was based on two previous Phase 1 studies, showcasing significant reductions in S-COMT variability. Survey results on clinician education needs in managing Parkinson’s OFF episodes were also discussed.
Neurocrine Biosciences (Nasdaq: NBIX) will present at the Morgan Stanley 20th Annual Global Healthcare Conference on September 13, 2022, at 10:35 a.m. Eastern Time in New York. CEO Kevin Gorman and CFO Matt Abernethy will lead the presentation. The event will be webcast live, accessible via the company's website, with a replay available one hour post-event and archived for a month. Neurocrine is committed to developing treatments for complex neurological, neuroendocrine, and neuropsychiatric disorders, boasting several FDA-approved therapies.
Neurocrine Biosciences reported second quarter net product sales of $350 million for INGREZZA, a 32% increase year-over-year. The company raised 2022 net sales guidance to $1.35 - $1.40 billion due to strong performance driven by better diagnosis of tardive dyskinesia. However, the essential tremor study missed its endpoints, prompting a halt in further development for that indication. The company reported a GAAP net loss of $16.9 million for the quarter. Despite this, non-GAAP earnings were robust, at $82 million for the quarter. Total cash and equivalents stand at approximately $1.1 billion.
Neurocrine Biosciences (Nasdaq: NBIX) will release its Q2 2022 financial results on August 4, 2022, post-market close. A conference call and webcast are scheduled for 1:30 PM Pacific Time the same day, where executives will discuss the results and provide company updates. Participants can join the call at 800-895-3361 (US) or 785-424-1062 (International), using conference ID: NBIX. The event will be available for replay approximately one hour after conclusion, archived for one month on the company's website.
Neurocrine Biosciences has reported significant findings from a Phase 2 study of crinecerfont in adolescents with classic congenital adrenal hyperplasia (CAH). The study, presented at ENDO 2022, showed substantial reductions (up to 76.2%) in key hormones after 14 days of treatment. This investigational, non-steroidal treatment aims to manage CAH without the side effects of glucocorticoids. Two Phase 3 studies are ongoing for both pediatric and adult patients. The treatment was well tolerated with no serious adverse events. This advancement may address a critical unmet need in CAH management.
Neurocrine Biosciences (Nasdaq: NBIX) will present at the Goldman Sachs 43rd Annual Global Healthcare Conference on June 15, 2022, at 10:40 a.m. Pacific Time in Rancho Palos Verdes, CA. CEO Kevin Gorman and CFO Matt Abernethy will represent the company. The live presentation will be webcast on the company's website, with a replay available one hour after the event and archived for one month. Neurocrine focuses on developing treatments for neurological, neuroendocrine, and neuropsychiatric disorders, including FDA-approved treatments for conditions like tardive dyskinesia and Parkinson's disease.
Neurocrine Biosciences (NASDAQ: NBIX) presents data at SLEEP 2022 regarding sleep disturbances in Parkinson's disease (PD), highlighting the impact of OFF episodes on sleep quality. The analysis reveals that 34.4% of participants experienced OFF episodes before sleep, lasting a mean of 1.8 hours. Among those waking at night, 81% were OFF for an average of 1 hour. The findings underscore the need for better understanding and management of sleep issues in PD patients. ONGENTYS, an adjunct therapy to levodopa, aims to improve treatment outcomes for these patients.
Neurocrine Biosciences (Nasdaq: NBIX) announced the repurchase of approximately $179.4 million of its existing 2.25% Convertible Senior Notes due in 2024 for an estimated $224.0 million. This move aims to reduce convertible debt by around 60% over two years, decreasing outstanding notes to about $201.8 million. The repurchases, expected to close by June 14, 2022, may influence the stock's market price. CFO Matt Abernethy emphasized the focus on minimizing dilution for shareholders and advancing clinical programs.
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