Puma Biotechnology Inc Stock Price, News & Analysis

Puma Biotechnology (NASDAQ: PBYI) has announced the approval of an inducement restricted stock unit award by its Compensation Committee. The award, covering 3,500 shares of Puma common stock, was granted to a new non-executive employee under the company's 2017 Employment Inducement Incentive Award Plan.

The restricted stock unit award features a three-year vesting schedule: one-third of shares vest on March 1, 2026 (first anniversary), followed by one-sixth of shares vesting every six months thereafter. The grant, approved on March 4, 2025, complies with Nasdaq Listing Rule 5635(c)(4) as an inducement for employment.

Puma Biotechnology (NASDAQ: PBYI) has announced its participation in the Barclays 27th Annual Global Healthcare Conference. The company's Chairman, CEO, President and Founder, Alan H. Auerbach, will deliver a corporate overview presentation at the Loews Miami Beach on Tuesday, March 11, at 2:00 p.m. ET.

Investors and interested parties can access a live webcast of the presentation through the company's website at pumabiotechnology.com. The presentation recording will remain available for replay on the website for 30 days following the event.

Puma Biotechnology (NASDAQ: PBYI) has announced its participation in the Barclays 27th Annual Global Healthcare Conference. The company's Chairman, CEO, President and Founder, Alan H. Auerbach, will deliver a corporate overview presentation at 2:00 p.m. ET on Tuesday, March 11 at the Loews Miami Beach.

The presentation will be accessible through a live webcast on the company's website at pumabiotechnology.com. For those unable to attend, the presentation will remain available for replay on the website for 30 days following the event.

Puma Biotechnology (NASDAQ: PBYI) reported its Q4 and full-year 2024 financial results, showing mixed performance. Q4 2024 product revenue from NERLYNX® sales increased to $54.4M from $53.2M in Q4 2023, while full-year product revenue decreased to $195.2M from $203.1M in 2023.

The company achieved Q4 2024 net income of $19.3M ($0.39 per share), up from $12.3M ($0.26 per share) in Q4 2023. Full-year net income rose to $30.3M ($0.62 per share) from $21.6M in 2023. The Q4 results include a $7.1M benefit from a partial release of valuation allowance.

Cash position strengthened to $101M by December 31, 2024, compared to $96M year-over-year. The company initiated the ALISCA™-Breast1 Phase II trial for alisertib in November and anticipates key clinical milestones throughout 2025.

Puma Biotechnology (NASDAQ: PBYI) has announced its participation in the upcoming TD Cowen 45th Annual Health Care Conference. The company's CEO Alan H. Auerbach will deliver a corporate presentation on March 5, 2025, at 11:10 a.m. ET at the Boston Marriott Copley Place.

The conference is scheduled to run from March 3-5, 2025. Investors and interested parties can access a live webcast of the presentation through Puma Biotechnology's website. The presentation recording will remain available for replay on the company's website for 30 days following the event.

Puma Biotechnology (NASDAQ: PBYI) has announced it will host a conference call to discuss its fourth quarter and full year 2024 financial results on Thursday, February 27, 2025, at 1:30 p.m. PT/4:30 p.m. ET. Investors can access the call via phone using 1-877-709-8150 (domestic) or 1-201-689-8354 (international) numbers.

A live webcast and presentation slides will be available on the Investors section of Puma's website. The call recording will be archived on the company's website for 90 days after the event.

Puma Biotechnology (NASDAQ: PBYI) has announced the approval of inducement restricted stock unit awards for two new non-executive employees. The Compensation Committee of Puma's Board of Directors approved the grant of 7,250 shares of common stock on February 4, 2025, under the company's 2017 Employment Inducement Incentive Award Plan.

The restricted stock units will vest over three years, with one-third vesting on February 1, 2026 (first anniversary), and one-sixth vesting every six months thereafter, contingent on continued employment. These awards were granted as employment inducements in compliance with Nasdaq Listing Rule 5635(c)(4).

Puma Biotechnology (NASDAQ: PBYI) announced the approval of inducement restricted stock unit awards for two new non-executive employees. The Compensation Committee approved grants covering 24,375 shares of Puma common stock under the company's 2017 Employment Inducement Incentive Award Plan.

The restricted stock units will vest over three years, with one-third vesting on January 1, 2026 (first anniversary), and one-sixth vesting every six months thereafter, contingent on continued employment. These awards were granted as employment inducements in compliance with Nasdaq Listing Rule 5635(c)(4).

Puma Biotechnology (NASDAQ: PBYI) announced that NERLYNX® (neratinib) has been included in the National Comprehensive Cancer Network (NCCN) Clinical Practice Guidelines for Cervical Cancer. The drug is now listed as a second-line or subsequent therapy option for recurrent or metastatic cervical cancer patients with HER2-mutated tumors, receiving a Category 2A designation. The inclusion was based on results from the Phase II SUMMIT trial, which studied patients with histologically confirmed recurrent/metastatic cervical cancer and documented evidence of somatic, activating HER2 mutations.