Welcome to our dedicated page for Puma Biotechnology news (Ticker: PBYI), a resource for investors and traders seeking the latest updates and insights on Puma Biotechnology stock.
Puma Biotechnology, Inc. (NASDAQ: PBYI) is a biopharmaceutical company focused on developing and commercializing products to enhance cancer care, and its news flow reflects this oncology focus. The company’s primary commercial product is NERLYNX (neratinib) tablets, an oral kinase inhibitor approved by the U.S. Food and Drug Administration for specific early-stage and metastatic HER2-positive breast cancer indications. NERLYNX also holds marketing authorization from the European Commission for defined early-stage hormone receptor-positive, HER2-overexpressed or amplified breast cancer settings.
News about PBYI often highlights commercial performance and financial results related to NERLYNX, including product revenue, royalty revenue, and updates on profitability and cash flow. Puma’s press releases also cover corporate developments such as inclusion in the Nasdaq Biotechnology Index, which tracks qualifying biotechnology and pharmaceutical companies listed on Nasdaq.
Another key news theme is clinical progress with alisertib, a selective, orally administered inhibitor of aurora kinase A that Puma is developing under an exclusive license. The company has launched Phase II ALISCA trials, including ALISCA-Lung1 in extensive-stage small cell lung cancer and ALISCA-Breast1 in HER2-negative, hormone receptor-positive metastatic breast cancer. Updates on these studies, including interim data and trial milestones, feature prominently in Puma’s communications.
Investors following PBYI news can also expect announcements about equity inducement awards under Puma’s 2017 Employment Inducement Incentive Award Plan, conference call schedules for quarterly results, and presentations at investor conferences. This news page aggregates those releases so readers can track how regulatory decisions, clinical trial developments, commercial trends, and corporate actions may relate to Puma Biotechnology’s stock and oncology pipeline over time.
Puma Biotechnology (NASDAQ: PBYI) will host a conference call on November 5, 2020, at 1:30 p.m. PST to discuss its Q3 2020 financial results. The call will be accessible via phone and a live webcast on Puma's website, with a replay available for 90 days.
Puma is focused on developing innovative cancer therapies and is known for its product NERLYNX (neratinib), approved for treating certain types of breast cancer. The company continues to seek advancements in cancer care through its product pipeline.
Puma Biotechnology (NASDAQ: PBYI) announced the publication of Phase III ExteNET trial results focusing on neratinib's efficacy in HER2-positive, hormone receptor-positive early stage breast cancer. Published in Clinical Breast Cancer, results indicate a 5.1% improvement in 5-year invasive disease-free survival (HR=0.58) in patients treated within a year of adjuvant trastuzumab. Additionally, patients at high risk of recurrence showed a 7.4% improvement (HR=0.60). Common adverse effects included diarrhea (39%) and vomiting (4%).
Puma Biotechnology, Inc. (NASDAQ: PBYI) announced on October 1, 2020, the approval of inducement restricted stock unit awards totaling 12,375 shares for two new non-executive employees. These awards, granted under the 2017 Employment Inducement Incentive Award Plan, will vest over three years, incentivizing employee retention and aligning interests with shareholders. Additionally, Puma focuses on developing innovative cancer care products, including NERLYNX®, which has received FDA approval for treating breast cancer.