BUZZ-Vir Biotechnology soars on Q4 results beat, Astellas collaboration

Reuters

02/24

BUZZ-<a href="https://laohu8.com/S/VIR">Vir Biotechnology</a> soars on Q4 results beat, Astellas collaboration

** Shares of drug developer Vir Biotechnology VIR.O rise 65.2% at $12.28 premarket

** Co posts Q4 revenue of $64.1 mln, beating analyst est. of $23.1 mln; posts Q4 loss per share of 31 cents, compared with the consensus of loss of 49 cents - data compiled by LSEG

** Co highlights its agreement with Norgine and lower R&D expenses due to restructuring initiatives

** Co also plans to develop and commercialize its prostate cancer experimental drug with Japan's Astellas 4503.T

** As of last close, VIR stock up 23.2% YTD, following a 17.8% decline in 2025

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))

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posts Q4 loss per share of 31 cents, compared with the consensus of loss of 49 cents - data compiled by LSEG** Co highlights its agreement with Norgine and lower R&D expenses due to restructuring initiatives ** Co also plans to develop and commercialize its prostate cancer experimental drug with Japan's Astellas 4503.T** As of last close, VIR stock up 23.2% YTD, following a 17.8% decline in 2025 (Reporting by Tharuniyaa Lakshmi in Bengaluru) ((tharuniyaa@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":true,"code":"91000000","status":"200"}}}