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. reports biopharmaceutical developments across neurological, psychiatric, endocrine and immunological disorders. Recurring updates include commercial and clinical information for INGREZZA for tardive dyskinesia and chorea associated with Huntington's disease, CRENESSITY for classic congenital adrenal hyperplasia, and approved therapies for endometriosis and uterine fibroids.
Company news also covers CAHtalyst clinical data, peer-reviewed publications on glucocorticoid dosing and the Tardive Dyskinesia Impact Scale, pipeline programs such as NBIP-'2118, financial results, healthcare conference participation, and governance or capital-structure matters tied to Neurocrine's public-company reporting.
Neurocrine Biosciences (Nasdaq: NBIX) will report its fourth quarter and year-end 2020 financial results on February 4, 2021, after market close. A conference call and webcast will follow at 1:30 p.m. PT to discuss these results and provide a company update. Interested participants can join the call using the provided access numbers or through the company’s website. Neurocrine focuses on developing treatments for neurological and psychiatric disorders, boasting a portfolio that includes FDA-approved therapies.
Neurocrine Biosciences (Nasdaq: NBIX) reported preliminary net product sales for INGREZZA of approximately $240 million in Q4 2020 and $993 million for the full year. The company noted a 32% growth in total INGREZZA prescriptions in 2020, reaching 175,700 versus 132,700 in 2019. Key 2021 milestones include Phase III data for valbenazine in Huntington's disease expected in Q4 2021 and the initiation of several clinical studies. CEO Kevin Gorman highlighted the commitment to improving treatment accessibility for tardive dyskinesia patients.
Neurocrine Biosciences (Nasdaq: NBIX) will present at the 39th Annual J.P. Morgan Healthcare Conference on January 11, 2021, at 2:00 p.m. Eastern Time. CEO Kevin Gorman will lead the presentation, which will be available via live webcast on the company's website. A replay will be accessible one hour post-event and archived for a month. Neurocrine focuses on developing treatments for neurological, endocrine, and psychiatric disorders, with FDA-approved therapies for conditions like tardive dyskinesia and Parkinson's disease. For more information, visit neurocrine.com.
Neurocrine Biosciences (Nasdaq: NBIX) announced upcoming presentations at two investor conferences. Matt Abernethy, CFO, and Eiry Roberts, CMO, will present at the Piper Sandler 32nd Annual Virtual Healthcare Conference on November 23, 2020, at 10:00 a.m. ET. Additionally, CEO Kevin Gorman and CFO Abernethy will present at the Evercore ISI 3rd Annual HealthCONx Conference on December 1, 2020, at 1:50 p.m. ET. Live webcasts will be available on their website, with replays accessible for one month.
Neurocrine Biosciences (Nasdaq: NBIX) has initiated a repurchase of approximately $83 million of its 2.25% Convertible Senior Notes due 2024. The aggregate repurchase price is estimated at $110 million based on the closing stock price of $86.91 on November 18, 2020. The transaction is expected to close on December 2, 2020. This strategic buyback aims to potentially enhance shareholder value, but may also impact the market price of the company's common stock.
Neurocrine Biosciences (NBIX) reported Q3 2020 revenues of $258.5 million, a 16.4% increase from $222.1 million in Q3 2019, driven by a 28% rise in INGREZZA sales to $254 million. However, the company faced a GAAP net loss of $57.6 million compared to a profit of $53.8 million in the previous year, largely due to increased R&D expenses. The guidance for combined GAAP R&D and SG&A expenses was raised to between $880 million and $900 million. Despite the challenges, the company expressed confidence in its growth prospects, particularly for INGREZZA and the newly launched ONGENTYS.
Neurocrine Biosciences (Nasdaq: NBIX) announced upcoming presentations at investor conferences. Kevin Gorman, CEO, and Kyle Gano, Chief Business Development and Strategy Officer, will present at the Stifel 2020 Virtual Healthcare Conference on November 16, 2020, at 11:20 a.m. ET. On November 17, 2020, at 9:40 a.m. ET, Gorman and CFO Matt Abernethy will present at the Jefferies Virtual London Healthcare Conference. Both presentations will be available via webcast on Neurocrine's website, with replays accessible for one month.
Neurocrine focuses on developing treatments for neurological and endocrine disorders.
Neurocrine Biosciences (Nasdaq: NBIX) will report its third-quarter financial results after market close on November 9, 2020. A conference call will follow at 1:30 p.m. PT, 4:30 p.m. ET, to discuss the results and provide updates. Participants can access the call at 877-830-2596 (US) or 785-424-1744 (International) with conference ID: NBIX. The event will be available for replay on the company's website for approximately one month. Neurocrine specializes in developing treatments for neurological and psychiatric disorders.
On September 28, 2020, Neurocrine Biosciences (Nasdaq: NBIX) announced new data on ONGENTYS® (opicapone) capsules, the first once-daily COMT inhibitor approved by the FDA for Parkinson's disease patients experiencing 'off' episodes. Phase III analyses reveal ONGENTYS significantly reduces overnight 'off' time and motor fluctuations compared to entacapone. This data will be presented at the American Neurological Association 2020 Virtual Meeting. ONGENTYS also shows promise in lowering daily levodopa requirements, enhancing 'on' time without troublesome dyskinesia.
Neurocrine Biosciences has announced the availability of ONGENTYS (opicapone) in 50 mg capsules, the first FDA-approved once-daily COMT inhibitor for Parkinson's disease. Approved on April 24, 2020, ONGENTYS is an add-on treatment for patients experiencing 'off' episodes while on levodopa/carbidopa. Approximately 1 million Americans suffer from Parkinson's, with about 50,000 new diagnoses each year. Clinical studies indicate ONGENTYS significantly reduces 'off' time and increases 'on' time without troublesome dyskinesia, reflecting a commitment to innovative therapies in movement disorders.