Neurocrine Biosciences Inc Stock Price, News & Analysis

Neurocrine Biosciences (Nasdaq: NBIX) reported strong Q3 2021 financial results, with total revenues of $296 million, a 14.5% increase from $258.5 million in Q3 2020. Net product sales of INGREZZA reached $287 million, reflecting heightened demand and successful commercial activities. GAAP net income stood at $22.5 million, or $0.23 per share, contrasting sharply with a net loss of $57.6 million in the prior year. R&D expenses increased due to investments in pipeline projects, while total cash reserves were approximately $1.3 billion. The company anticipates further clinical data releases within the next two years.

Neurocrine Biosciences (NASDAQ: NBIX) presented new data on INGREZZA (valbenazine) for treating tardive dyskinesia at the 2021 Psych Congress. Key findings include a pooled analysis showing significant improvement in elderly patients with tardive dyskinesia, development of the MIND-TD questionnaire for better patient-provider communication, and real-world insights on telehealth's impact during the COVID-19 pandemic. The data supports INGREZZA's efficacy and highlights the company's commitment to addressing tardive dyskinesia, which affects approximately 600,000 individuals in the U.S.

Neurocrine Biosciences (Nasdaq: NBIX) announced its participation in the ANA 2021 Virtual Annual Meeting from October 17-19, 2021. The company will present new analyses of its movement disorder treatments for Parkinson's disease and tardive dyskinesia (TD). Key findings include the impact of nighttime 'off' episodes on sleep in Parkinson's patients. Presentations will cover various studies related to ONGENTYS (opicapone) and INGREZZA (valbenazine). There's a growing commitment from Neurocrine to enhance the understanding of these conditions and improve patient care.

Neurocrine Biosciences (Nasdaq: NBIX) will announce its third quarter 2021 financial results on November 1, 2021, after market close. The company will then host a conference call and webcast at 1:30 p.m. PT to discuss the results and provide updates. Participants can join via phone or through their website. Neurocrine specializes in treatments for neurological and endocrine disorders, with a diverse product portfolio.

Neurocrine Biosciences (Nasdaq: NBIX) will present new data on its movement disorder treatments at the MDS Virtual Congress 2021 from September 17–22. Key findings include a post hoc analysis from the KINECT 4 Phase 3 study, showing significant reductions in tardive dyskinesia (TD) symptoms with once-daily INGREZZA (valbenazine). Additionally, pooled data from BIPARK-1 and BIPARK-2 studies will evaluate ONGENTYS (opicapone) effects on sleep patterns in Parkinson's patients. Neurocrine aims to enhance understanding of TD and Parkinson's disease management.

Neurocrine Biosciences (Nasdaq: NBIX) announced participation in two virtual investor conferences. CEO Kevin Gorman will present at the Morgan Stanley 19th Annual Healthcare Conference on Sept. 13, 2021, at 10:15 a.m. ET. CFO Matt Abernethy and CMO Eiry Roberts will speak at the Baird 2021 Global Healthcare Conference on Sept. 15, 2021, at 10:50 a.m. ET. Live presentations can be accessed on the company's website, with replays archived for one month. Neurocrine focuses on therapies for neurological and psychiatric disorders.

Neurocrine Biosciences (Nasdaq: NBIX) has completed patient enrollment for the Phase 3 KINECT-HD study, investigating the efficacy and safety of valbenazine for treating chorea in Huntington disease. The top-line results are expected by the end of 2021. This study offers hope for the approximately 30,000 U.S. adults affected by Huntington disease, whose current treatment options carry significant risks. Following KINECT-HD, participants can join KINECT-HD2, an open-label extension study to evaluate long-term safety.

Neurocrine Biosciences (NBIX) reported Q2 2021 financial results, with total revenues of $288.9 million, down from $302.4 million in Q2 2020. Product sales for INGREZZA were $266.8 million, a slight decline from $267.6 million year-over-year. GAAP net income fell to $42.3 million ($0.43 per share) compared to $79.6 million ($0.81 per share) in Q2 2020. Increased R&D and SG&A expenses significantly impacted earnings. Notably, the company is advancing its R&D pipeline with plans for nine mid-to-late-stage trials in 2021.

Neurocrine Biosciences (Nasdaq: NBIX) will announce its second quarter 2021 financial results on August 3, 2021, after Nasdaq market closure. A conference call and webcast will follow at 1:30 p.m. PT to discuss the results and company updates. Participants can join the call by dialing 866-952-8559 (US) or 785-424-1743 (International) using conference ID: NBIX. The webcast will be available on the Neurocrine website and archived for one month.