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89Bio, Inc.

11.00

+0.22002.04%

Post-market: 11.100.1000+0.91%18:51 EDT

Volume:1.44M

Turnover:15.69M

Market Cap:1.61B

PE:-3.34

High:11.14

Open:10.70

Low:10.58

Close:10.78

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Overview Company News Filings

89Bio Inc. Announces Inducement Grants for New Employees Under 2023 Inducement Plan

89Bio Announces Inducement Grants Under Nasdaq Listing Rule 5635(C)(4)

THOMSON REUTERS

BRIEF-89Bio Announces Inducement Grants Under Nasdaq Listing Rule

89Bio Inc. Announces New Stock Option Inducement Grants for Employees Under 2023 Inducement Plan

89Bio Inc. Concluded Their Annual Stockholders Meeting

89bio price target lowered to $30 from $31 at BofA

89Bio Inc : Bofa Global Research Cuts Price Objective to $30 From $31

THOMSON REUTERS

89Bio Announces Inducement Grants Under Nasdaq Listing Rule 5635(C)(4)

THOMSON REUTERS

89bio Q1 EPS $(0.49) Beats $(0.50) Estimate

BRIEF-89bio Q1 Net Income USD -71.275 Million Vs. IBES Estimate USD -73.6 Million

89Bio Reports First Quarter 2025 Financial Results and Corporate Updates

THOMSON REUTERS

89Bio Inc - Phase 3 Entrust Trial Fully Enrolled, Topline Data Expected in 1Q 2026

THOMSON REUTERS

Press Release: 89bio Reports First Quarter 2025 Financial Results and Corporate Updates

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BMRN's PKU Drug Palynziq Meets Goal in Late-Stage Pediatric Study

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FDA Accepts Merck's Filing for Subcutaneous Version of Keytruda

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Set at the closing price on July 2, 2025, the grants will vest over four years, with 25% vesting on the first anniversary of the employees' start date, and the remainder vesting quarterly thereafter, contingent on continued employment.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 89Bio Inc. published the original content used to generate this news brief via GlobeNewswire  on July 09, 2025","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250709:nNDL1VT17x:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","NDAQ","BK4588","IE00BGHQF748.EUR","LU2210150020.SGD","BK4112","LU2095319765.USD","ETNB","IE00BKPKM429.USD","LU2210149790.SGD","IE00B3QW5Z07.USD","IE00B64PRP62.GBP","BK4585"],"gpt_icon":0},{"id":"2550966875","title":"89Bio Announces Inducement Grants Under Nasdaq Listing Rule 5635(C)(4)","url":"https://stock-news.laohu8.com/highlight/detail?id=2550966875","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2550966875?lang=en_us&edition=fundamental","pubTime":"2025-07-10 04:05","pubTimestamp":1752091500,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250709:nTUA24QDW2:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4585","BK4139","ETNB"],"gpt_icon":0},{"id":"2541893462","title":"BRIEF-89Bio Announces Inducement Grants Under Nasdaq Listing Rule","url":"https://stock-news.laohu8.com/highlight/detail?id=2541893462","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2541893462?lang=en_us&edition=fundamental","pubTime":"2025-06-07 04:44","pubTimestamp":1749242688,"startTime":"0","endTime":"0","summary":"BRIEF-89Bio Announces Inducement Grants Under Nasdaq Listing RuleJune 6 (Reuters) - 89Bio Inc ETNB.O:89BIO ANNOUNCES INDUCEMENT GRANTS UNDER NASDAQ LISTING RULE 5635(C)(4)Source text: ID:nGNXbl4ZTHFurther company coverage: ETNB.O ((Reuters.Briefs@thomsonreuters.com;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250606:nTUA9BRDJR:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ETNB","BK4139","BK4585"],"gpt_icon":0},{"id":"2541898971","title":"89Bio Inc. 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The exercise price for these options corresponds to the closing price on the grant date, and the options will vest over four years, with 25% vesting at the end of the first year and the remainder vesting quarterly, contingent upon continued employment.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 89Bio Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on May 30, 2025, and is solely responsible for the information contained therein.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nNDL7KWBnh:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4585","BK4139","ETNB"],"gpt_icon":0},{"id":"2538463029","title":"89bio price target lowered to $30 from $31 at BofA","url":"https://stock-news.laohu8.com/highlight/detail?id=2538463029","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2538463029?lang=en_us&edition=fundamental","pubTime":"2025-05-27 19:30","pubTimestamp":1748345440,"startTime":"0","endTime":"0","summary":"BofA lowered the firm’s price target on 89bio (ETNB) to $30 from $31 and keeps a Buy rating on the shares. 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IBES Estimate USD -73.6 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2532887754","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532887754?lang=en_us&edition=fundamental","pubTime":"2025-05-02 04:05","pubTimestamp":1746129945,"startTime":"0","endTime":"0","summary":"May 01  - 89bio Q1 operating income USD -75.909 million vs. IBES estimate USD -77 million.Q1 pretax profit USD -71.138 million vs. IBES estimate USD -78.8 million","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250501:nPLXBE62B3:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ETNB","BK4585","BK4139"],"gpt_icon":0},{"id":"2532887501","title":"89Bio Reports First Quarter 2025 Financial Results and Corporate Updates","url":"https://stock-news.laohu8.com/highlight/detail?id=2532887501","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532887501?lang=en_us&edition=fundamental","pubTime":"2025-05-02 04:05","pubTimestamp":1746129902,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250501:nTUA8NZP4C:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4139","BK4585","ETNB"],"gpt_icon":0},{"id":"2532880538","title":"89Bio Inc - Phase 3 Entrust Trial Fully Enrolled, Topline Data Expected in 1Q 2026","url":"https://stock-news.laohu8.com/highlight/detail?id=2532880538","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532880538?lang=en_us&edition=fundamental","pubTime":"2025-05-02 04:05","pubTimestamp":1746129900,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250501:nPLXBE62B3:6","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4139","BK4585","ETNB"],"gpt_icon":0},{"id":"2532887217","title":"Press Release: 89bio Reports First Quarter 2025 Financial Results and Corporate Updates","url":"https://stock-news.laohu8.com/highlight/detail?id=2532887217","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532887217?lang=en_us&edition=fundamental","pubTime":"2025-05-02 04:05","pubTimestamp":1746129900,"startTime":"0","endTime":"0","summary":"-- Topline histology data from ENLIGHTEN-Fibrosis and ENLIGHTEN-Cirrhosis Phase 3 trials are expected in 1H 2027 and in 2028, respectively; each trial is designed to support accelerated approval to treat patients with metabolic dysfunction-associated steatohepatitis  --. -- Cash, cash equivalents, and marketable securities totaled $638.8 million as of March 31, 2025; completed follow-on equity offering in 1Q 2025 with gross proceeds of $287.5 million --. SAN FRANCISCO, May 01, 2025  -- 89bio, Inc. , a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of liver and cardiometabolic diseases, today reported its financial results for the first quarter ended March 31, 2025, and provided corporate updates.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ETNB","BK4585","BK4139"],"gpt_icon":0},{"id":"2529050530","title":"Why Vertiv Holdings Shares Are Trading Higher By 17%; Here Are 20 Stocks Moving Premarket","url":"https://stock-news.laohu8.com/highlight/detail?id=2529050530","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529050530?lang=en_us&edition=fundamental","pubTime":"2025-04-23 19:01","pubTimestamp":1745406097,"startTime":"0","endTime":"0","summary":" ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/25/04/44945232/why-vertiv-holdings-shares-are-trading-higher-by-17-here-are-20-stocks-moving-premarket","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4543","BTOG","AGMH","MNQmain","IE00BN0W2T93.GBP","LU2506951792.HKD","SQQQ","TSYW.SI","PSQ","NDRA","USJW.SI","BK4212","ETNB","BK4139","LU1548497426.USD","QLD","TQQQ","BK4147","BCTX","NG","VRT","BK4112","NTHI","FRGE","LU2357305700.SGD","BK4118","QID","BK4082","ENPH","NQmain","SNOA","BK4094","LU1093756325.SGD","MRIN","PEGA","GAIA","BGI","BK4519","LU0823414478.USD","SEDG","BK4588","JYD","NVIW.SI","IE00BMPRXR70.SGD","AGRI","USAW.SI",".IXIC"],"gpt_icon":1},{"id":"2526543593","title":"Vaxcyte Stock Plummets 56% in a Month: Here's the Reason","url":"https://stock-news.laohu8.com/highlight/detail?id=2526543593","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526543593?lang=en_us&edition=fundamental","pubTime":"2025-04-11 01:07","pubTimestamp":1744304820,"startTime":"0","endTime":"0","summary":"Vaxcyte PCVX is a clinical-stage biotech focused on developing vaccines to prevent or treat bacterial infectious diseases.In the past month, PCVX's shares have nosedived 56%. This downside came after Vaxcyte reported mixed results from a phase II study on its investigational pneumococcal conjugate vaccine  in healthy infants.Adding to this headwind, the broader biotech/drug sector is feeling the pressure from the resignation of a senior FDA official instrumental in driving biotech innovation, which has raised alarms around the agency’s ability to maintain momentum on innovation and regulatory clarity.Vaxcyte’s shares have plummeted more than 62% year to date compared with the industry’s 8% decline, as seen in the chart below. During this timeframe, the stock has also underperformed the broader Medical sector and the S&P 500 Index. The company’s shares are also trading below its 50 and 200-day moving averages.Vaxcyte intends to report full post-dose 4 booster data for VAX-24 by the end ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/vaxcyte-stock-plummets-56-month-170700030.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4581","BK4585","IE00BLSP4452.SGD","LU0456855351.SGD","IE00BLSP4239.USD","SG9999002232.USD","IE00B19Z3581.USD","LU1057294990.SGD","LU1066051498.USD","LU0225284248.USD","LU0122379950.USD","SG9999001176.SGD","LU0170899867.USD","BK4139","BK4550","LU0306806265.USD","LU0234572021.USD","PCVX","LU0289739699.SGD","LU0306807586.USD","IE000M9KFDE8.USD","ETNB","BK4007","LU1894683348.USD","ANIP","BK4592","LU0321505868.SGD","LU0868494617.USD","BK4533","LU0985481810.HKD","LU1023059063.AUD","LU0225771236.USD","SG9999011175.SGD","SGXZ57979304.SGD","LU1883839398.USD","LU0058720904.USD","BK4534","IE0009354923.USD","BK4568","IE0002270589.USD","LU0053671581.USD","PFE","SG9999013999.USD","LU1066053197.SGD","BK4588","LU1559883803.SGD","BK4599","IE00B19Z3B42.SGD","LU0566484027.USD"],"gpt_icon":1},{"id":"2525437894","title":"VRTX Secures Nod for Expanded Use of CF Drug Kaftrio in Europe","url":"https://stock-news.laohu8.com/highlight/detail?id=2525437894","media":"Zacks","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525437894?lang=en_us&edition=fundamental","pubTime":"2025-04-08 18:55","pubTimestamp":1744109700,"startTime":"0","endTime":"0","summary":"Vertex Pharmaceuticals VRTX announced that the European Commission  has expanded the label of its blockbuster cystic fibrosis  drug, Kaftrio, to treat all patients aged two years and older who have at least one non-class I mutation in the CFTR gene.This approval was expected as the EMA’s Committee for Medicinal Products for Human Use  issued a positive opinion recommending Kaftrio’s approval in February for the above indication. With this expanded label, nearly 4,000 more CF patients living in the region are now eligible for treatment with the drug.Kaftrio is already approved for use in CF patients aged two years and older who have at least one F508del mutation in the CFTR gene.The drug is marketed by Vertex for similar indications in the United States under the trade name Trikafta.Year to date, shares of Vertex have gained 18% against the industry’s 7% decline.Estimates for 89bio’s loss per share have narrowed from $2.51 to $1.98 for 2025 in the","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/vrtx-secures-nod-expanded-cf-105500149.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["EC","LU2456880835.USD","LU0320765992.SGD","BK4007","VRTX","LU0109394709.USD","BK4093","LU2362541273.HKD","LU1585245621.USD","IE00B894F039.SGD","BK4533","IE00BJJMRZ35.SGD","LU1093756168.USD","SG9999001176.USD","ETNB","IE00BZ9MQY76.HKD","IE00BJT1NW94.SGD","LU1559883803.SGD","IE0002141913.USD","BK4588","SGXZ57979304.SGD","BK4567","LU2324357040.USD","LU0289739699.SGD","BK4139","BK4551","LU1035775433.USD","LU1430594728.SGD","SG9999001176.SGD","BK4568","SG9999013999.USD","BK4201","LU0823416689.USD","LU2237438978.USD","LU2362540622.SGD","IE0002270589.USD","CF","VERX","LU0417517546.SGD","IE00BFTCPJ56.SGD","LU2417539215.USD","LU2236285917.USD","LU2462157665.USD","BK4023","LU0757428866.USD","ANIP","IE00B19Z9P08.USD","IE00B19Z3B42.SGD"],"gpt_icon":1},{"id":"2525318890","title":"FDA Grants Three Fast Track Tags to Allogene's Autoimmune Disease Drug","url":"https://stock-news.laohu8.com/highlight/detail?id=2525318890","media":"Zacks","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525318890?lang=en_us&edition=fundamental","pubTime":"2025-04-08 18:46","pubTimestamp":1744109160,"startTime":"0","endTime":"0","summary":"Allogene Therapeutics ALLO announced that the FDA has granted three fast track designations to its investigational CRISPR-based allogeneic CAR-T therapy, ALLO-329.These designations apply to three autoimmune diseases — systemic lupus erythematosus , idiopathic inflammatory myopathy  and diffuse systemic sclerosis .How Does the Fast Track Tag Benefit ALLO’s Drug Development?Fast track designation is designed to facilitate the development and expedite the review of drugs that treat serious conditions, meet an unmet medical need, or offer a potential advantage over existing treatments. Per the FDA, the purpose of granting this designation is to ‘get important new drugs to the patient earlier.’。In the past 60 days, estimates for CytomX Therapeutics’ 2025 EPS have improved from a loss of 31 cents to a profit of 25 cents. During the same timeframe, estimates for loss per share for 2026 have","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/fda-grants-three-fast-track-104600523.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4077","IE00B5TLWC47.USD","SLE","BK4588","IE00BFXG0V08.USD","BK4007","BK4585","ALLO","IIM","CTMX","BK4505","ETNB","FAST","BK4104","IE00BYQQ9H92.USD","BK4567","BK4139","ANIP"],"gpt_icon":0},{"id":"2524260088","title":"BMRN's PKU Drug Palynziq Meets Goal in Late-Stage Pediatric Study","url":"https://stock-news.laohu8.com/highlight/detail?id=2524260088","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524260088?lang=en_us&edition=fundamental","pubTime":"2025-04-03 22:14","pubTimestamp":1743689640,"startTime":"0","endTime":"0","summary":"BioMarin BMRN has announced positive results from the phase III PEGASUS study evaluating Palynziq  in adolescents aged 12-17 years with phenylketonuria .The study achieved its primary endpoint – patients treated with Palynziq achieved a statistically significant lowering in blood phenylalanine  levels compared to diet alone. The safety results were also consistent with the known profile of the drug.Palynziq is already approved in the United States to reduce blood Phe concentration in adults aged 18 years and older with PKU. The drug is currently the only enzyme therapy to treat the disease in this age group.PKU is a rare genetic disorder that prevents the body from breaking down Phe, an amino acid found in protein-rich foods, leading to toxic levels that can cause severe neurological damage. While newborn screening enables early diagnosis, lifelong dietary management is challenging, creating demand for innovative treatments like those developed by BioMarin.In the past 60 days, estimate","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/bmrns-pku-drug-palynziq-meets-141400981.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4585","IE00B19Z3B42.SGD","ETNB","BMRN","IE0002270589.USD","ANIP","IE00B19Z3581.USD","BK4566","IE00B7SZLL34.SGD","SSI","BK4007","CTMX","BK4139"],"gpt_icon":0},{"id":"2524460415","title":"LXRX Stock Moves Up 30% in a Week: What is Driving This Rally?","url":"https://stock-news.laohu8.com/highlight/detail?id=2524460415","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524460415?lang=en_us&edition=fundamental","pubTime":"2025-04-02 22:18","pubTimestamp":1743603480,"startTime":"0","endTime":"0","summary":"Shares of Lexicon Pharmaceuticals LXRX have jumped 30% after signing a licensing deal for its pre-clinical obesity drug LX9851 with pharma giant Novo Nordisk NVO last week.Per the deal terms, Lexicon will complete certain preclinical activities before Novo Nordisk takes over the development, manufacturing and commercialization of LX9851. NVO will also be responsible for LX9851’s investigational new drug  filing.In return, LXRX is eligible to receive $75 million as an upfront payment from NVO. Including milestone payments, the deal is worth up to $1 billion. Lexicon will also earn tiered royalties on potential net sales of the drug.Post the above setback, LXRX decided to discontinue developing the drug for the T1D indication and announced plans to reduce its workforce by 60%.A couple of better-ranked stocks from the sector are ANI Pharmaceuticals ANIP and 89bio ETNB. ANIP sports a Zacks Rank #1  at present and ETNB carries a Zacks Rank #2","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/lxrx-stock-moves-30-week-141800883.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4007","IE00BKVL7J92.USD","LU1093756325.SGD","BK4532","BK4139","LU1093756168.USD","ETNB","NVO","BK4588","LU0154236417.USD","BK4599","BK4585","LXRX","IE00BZ1G4Q59.USD","ANIP"],"gpt_icon":1},{"id":"2523685649","title":"FDA Accepts Merck's Filing for Subcutaneous Version of Keytruda","url":"https://stock-news.laohu8.com/highlight/detail?id=2523685649","media":"Zacks","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523685649?lang=en_us&edition=fundamental","pubTime":"2025-03-28 23:20","pubTimestamp":1743175200,"startTime":"0","endTime":"0","summary":"Merck MRK announced that the FDA has accepted its regulatory filing seeking approval for the subcutaneous  formulation of the blockbuster drug Keytruda .This filing seeks the agency’s nod for the SC version across all solid tumor indications for which the drug’s intravenous  version is already approved.A final decision is expected by Sept. 23, 2025.The regulatory filing is supported by data from the pivotal phase III 3475A-D77 study that evaluated Keytruda SC against the IV version  for the first-line treatment of adult patients with metastatic non-small cell lung cancer. As announced by Merck in November, the study achieved its primary endpoints, showing that the treatment with the SC version of the drug was at least as effective as the IV version.An approval of the SC version also benefits both patients and physicians. Delivering a drug SC instead of IV can significantly reduce 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