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Stock impact report

Xenon (XENE) Q4 Earnings Top Estimates, Pipeline in Focus [Yahoo! Finance]

Neurocrine Biosciences, Inc. (NBIX) 
Last neurocrine biosciences, inc. earnings: 2/4 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The company had incurred a loss of 57 cents per share in the year-ago quarter. Xenon did not generate any revenues from its ongoing collaboration with Neurocrine Biosciences for XEN901, now known as NBI-921352, and missed the Zacks Consensus Estimate of $15 million. The company did not recognize any revenue in the year-ago quarter. NBI-921352 is a selective Nav1.6 sodium channel inhibitor. Neurocrine is currently evaluating NBI-921352 in a phase II study to treat patients aged 2-21 years with SCN8A developmental and epileptic encephalopathy. In the past year, shares of Xenon have risen 26.3% against the industry's 4.6% decline. Image Source: Zacks Investment Research Quarter in Detail In the fourth quarter of 2023, research and development (R&D) expenses increased 18% to $41.1 million compared with $34.8 million in the year-ago period. The uptick in the reported figure was primarily due to increased expenses related to the company's developmental program for XEN1101 to tre Show less Read more
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