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Xeris Biopharma Holdings (XERS) Stock News, Feb-May 2024

XERS Nasdaq

Xeris Biopharma Holdings, Inc. reports news about its commercial biopharmaceutical business, including product revenue, financial guidance and operating updates tied to Recorlev®, Gvoke® and Keveyis®. The company commercializes Recorlev for endogenous Cushing’s syndrome, Gvoke ready-to-use liquid glucagon for severe hypoglycemia and Keveyis for primary periodic paralysis.

Recurring updates also cover development of XP-8121, a Phase 3-ready once-weekly subcutaneous levothyroxine candidate for hypothyroidism, and programs using Xeris’ XeriSol® and XeriJect® technology platforms. Company news includes intellectual property developments for Recorlev, partnership-related revenue, and equity inducement grants under Nasdaq listing rules.

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Xeris Biopharma Holdings (Nasdaq: XERS) announced its participation in the Jefferies Global Healthcare Conference. Senior management will host a fireside chat on June 6 at 2:00 PM Eastern Time. A live webcast will be available on Xeris’ Investor Relations website and will remain accessible for 60 days.

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Xeris Biopharma reported a Q1 2024 total revenue of $40.6M, up 22% from Q1 2023, with full-year 2024 revenue guidance set at $175M-$200M. They ended Q1 with $87.4M in cash, closed licensing agreements for XeriJect® and XeriSol™ formulations, and announced a partnership with Beta Bionics. The company highlighted growth in product revenue, net revenue, and new technology partnerships.

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Xeris Biopharma Holdings, Inc. (Nasdaq: XERS) has entered into an exclusive worldwide collaboration and license agreement with Beta Bionics, Inc. for the development and commercialization of a liquid stable glucagon product for use in bi-hormonal pump systems. This agreement marks a significant step towards bringing innovative diabetes management solutions to the market.

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Xeris Biopharma Holdings, Inc. (Nasdaq: XERS) will report its first quarter 2024 financial results on May 9, 2024. The company is dedicated to developing and commercializing innovative products across various therapies. A conference call and webcast will be held at 8:30 a.m. Eastern Time to discuss the financial and operational results.

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FAQ

What is the current stock price of Xeris Biopharma Holdings (XERS)?

Xeris Biopharma Holdings (XERS) last closed at $10.48.

What is the market cap of Xeris Biopharma Holdings (XERS)?

The market cap of Xeris Biopharma Holdings (XERS) is approximately $1.9B.