Neurocrine Biosciences — Oct 30, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000914475-24-000210
Showing in the filing
Accelerated Share Repurchase Transaction
“$300 million”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 4
INGREZZA Net Product Sales for FY2024
“$2.30 - $2.32 Billion”
Accelerated Share Repurchase Transaction
“$300 million”
Share Repurchase Authorization
“$300 Million”
Milestone payment to Nxera upon initiation o…
“$15 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
e INGREZZA ® (valbenazine) Third Quarter Net Product Sales of $613 Million Representing 26% Year-Over-Year Growth INGREZZA ® (valbenazine) 2024 Net Product Sales Guidance Raised to $2.30 - $2.32 Billion Board Authorizes $300 Million Share Repurchase Plan SAN DIEGO , October 30, 2024 – Neurocrine Biosciences, Inc. (Nasdaq: NBIX) today announced its financial results for the third quarter ended September 30, 2024 and provided an update on its 2024 financial guidance. “With continued INGREZZA growth across the tardive dyskinesia and Huntington’s disease chorea indications, FDA Priority Review for crinecerfont in congenital adrenal hyperplasia, a deep neuroscience focused pipeline and a strong balance sheet, we are confident in our ability to help more patients than ever before,” said Kyle W. Gano, Ph.D., Chief Executive Officer of Neurocrine Biosciences. William Rastetter, Chairman of the Board of Directors of Neurocrine Biosciences, said, “The share repurchase authorization reflects the Board’s confidence in Neurocrine’s significant value creation potential. Importantly, the new share repurchase authorization preserves our flexibility to drive sustained growth through investments in INGREZZA and the anticipated launch of crinecerfont, while also advancing our diverse pipeline and maintaining our strong balance sheet.” Financial Highlights Three Months Ended September 30, Nine Months Ended September 30, (unaudit
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.