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Stock impact report

Annexon (ANNX) to Report Q1 Earnings: What's in the Cards? [Yahoo! Finance]

Annexon, Inc. - common stock (ANNX) 
Company Research Source: Yahoo! Finance
Annexon is expected to report first-quarter 2024 results soon. Having no commercialized product in its portfolio or any ongoing collaboration agreements, the company currently does not generate any revenues. The Zacks Consensus Estimate is pegged at a loss of 32 cents per share, indicating an increase of 38.5% year over year. Let's see how things might have shaped up for the quarter to be reported. Factors to Consider In the absence of a marketed product, investors will mostly focus on progress updates regarding the company's pipeline candidates. Annexon has channeled its resources to prioritize three flagship development programs in its clinical-stage pipeline, such as ANX005 for Guillain-Barré syndrome (GBS), ANX007 for geographic atrophy (GA) and first-in-kind oral complement small molecule, and ANX1502 for several autoimmune indications. In the fourth quarter of 2024, the company reported that it had completed enrollment in the phase III study evaluating the efficacy, s Show less Read more
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