Neurocrine Biosciences Sees Stock Surge After Strong Q1 Results

Published 2 hours agoNBIX

Neurocrine Biosciences Sees Stock Surge After Strong Q1 Results

Neurocrine Biosciences (NBIX) experienced a notable 13% increase in its stock price following the release of impressive first-quarter financial results for 2025. According to Webull, key figures include net product sales of INGREZZA reaching $621.2 million in Q4 2024, reflecting a 23% year-over-year growth. This robust performance has bolstered market confidence in the company.

Moreover, Neurocrine has set ambitious sales projections for INGREZZA for the full year 2025, with anticipated net product sales ranging between $2.5 billion and $2.6 billion, as reported by Market Screener. Additionally, the company has recently launched CRENESSITY, an FDA-approved groundbreaking treatment for congenital adrenal hyperplasia, marking a significant expansion of its product portfolio. Plans are also underway for Phase 3 program initiations for two other treatments: osavampator for major depressive disorder and NBI-568 for schizophrenia within the first half of this year.

These developments are part of Neurocrine's strategic focus on expanding its influence in the neuroscience sector. By enhancing its product offerings and advancing its pipeline initiatives, the company demonstrates ongoing commitment to addressing critical health conditions, painting a promising picture for its growth trajectory.

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