BOSTON -- (BUSINESS WIRE)--Sep. 17, 2019-- Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) today announced plans for the transition of Executive Vice President and Chief Financial Officer Paul Clancy later this year. Acquired in-process research and development, Diluted non-GAAP earnings per common share, Operating expense and margin (% total revenues), Non-GAAP research and development expense, GAAP selling, general and administrative expense, Non-GAAP selling, general and administrative expense, Income tax expense (% of income before income taxes), Prepaid expenses and other current assets, Current portion of contingent consideration, Total liabilities and stockholders' equity. As the global leader in complement biology and inhibition for more than 20 years, Alexion has developed and commercializes two approved complement inhibitors to treat patients with paroxysmal nocturnal hemoglobinuria (PNH), as well as the first and only approved complement inhibitor to treat atypical hemolytic uremic syndrome (aHUS) and anti-acetylcholine receptor (AchR) antibody-positive generalized myasthenia gravis (gMG), and is also developing it for patients with neuromyelitis optica spectrum disorder (NMOSD). associated with intellectual property, View source version on businesswire.com: https://www.businesswire.com/news/home/20190425005264/en/, Alexion:Media Non-GAAP income tax expense for the three months ended March 31, 2019 also excludes certain one-time tax benefits of $95.7 million and $30.3 million associated with a tax election made with respect to intellectual property of Wilson Therapeutics AB and a release of an existing valuation allowance, respectively. On […] Alexion Provides Update on Phase 3 Study of ULTOMIRIS® (ravulizumab-cwvz) in Hospitalized Patients with Severe COVID-19 Jan 12, 2021 Alexion Highlights Commercial, Clinical and Financial Progress at the 39th Annual J.P. Morgan Healthcare Conference Corporate Participants: Morgan Sanford — Director of Investor Relations. It brought in $981 million from Soliris sales in the second quarter of the year, according to financial records.. Two years after the global biopharmaceutical company Alexion moved their headquarters from New Haven to Boston, the company announced on Wednesday that it would invest approximately $10 million into expanding their Global Product Development Lab in the Elm City. The negative impact of foreign currency on total revenues year-over-year was 1 percent, or $45.1 million, inclusive of hedging activities. © 2021 Alexion Pharmaceuticals, Inc. https://www.businesswire.com/news/home/20190425005264/en/, Amortization of purchased intangible assets, Change in fair value of contingent consideration, Shares used in computing earnings per common share, Upfront payments related to licenses and collaborations. The audio webcast can be accessed on the Investor page of Alexion’s website at: http://ir.alexion.com. IBD Newsletters Get exclusive IBD analysis and action news daily. Ludwig Hantson — Chief Executive Officer. ALXN1720: In September 2019, Alexion began a Phase 1 study of ALXN1720, a novel anti-C5 albumin-binding bi-specific mini-body that binds and prevents activation of human C5, in healthy volunteers. Alexion is increasing total revenues and EPS guidance. For the three months ended March 31, 2019 and 2018, changes in the fair value of contingent consideration reflect the impact of changes in the expected timing of payments of contingent consideration. Yale Daily News. Alexion Pharmaceuticals has moved up over 20% during the past month after a large decline in the fourth quarter. We use cookies to give you the best online experience. ALXN | Complete Alexion Pharmaceuticals Inc. stock news by MarketWatch. BOSTON--(BUSINESS WIRE)--Apr. Alexion's 2019 Annual Meeting of Shareholders will be held on Tuesday, May 14, 2019, at the Seaport Hotel, 1 Seaport Lane, Boston MA 02210, at 5:30 p.m. local time. Image source: The Motley Fool. Alexion Pharmaceuticals Inc (NASDAQ: ALXN) Q4 2019 Earnings Conference Call January 30, 2020. Consequently, Alexion’s stock declined. Nevertheless, it has been considered one of the prime candidates for acquisition from the onset of 2019, after the mega-merger announcement of Bristol-Myers and Celgene. (1) The following table summarizes the total restructuring and related expenses recorded by type of activity and the classification within the Reconciliation of GAAP to non-GAAP Financial Results: Tax effect of pre-tax adjustments to GAAP net income and other one-time items These non-GAAP financial measures are not intended to be considered in isolation or as a substitute for, or superior to, the financial measures prepared and presented in accordance with GAAP, and should be reviewed in conjunction with the relevant GAAP financial measures. Alexion currently carries a Zacks Rank #2 (Buy). Alexion is a global biopharmaceutical company focused on serving patients and families affected by rare diseases through the discovery, development and commercialization of life-changing therapies. The negative impact of foreign currency on total revenues year-over-year was 1 percent, or $45.1 million, inclusive of hedging activities. ALXN | Complete Alexion Pharmaceuticals Inc. stock news by MarketWatch. Given Alexion Pharmaceuticals’ 2018 market capitalization of $25 billion—No. Alexion's (ALXN) shares decline, following the news of the departure of its current chief financial officer, Paul Clancy. Total revenues in the first quarter were $1,140.4 million, a 23 percent increase compared to the same period in 2018. Alexion Pharmaceuticals will acquire New Haven-based pharmaceutical company Achillion Pharmaceuticals for an anticipated $930 million, the companies announced last week. By clicking "OK" or continuing to use this site, you agree that we may collect and use your personal data and set cookies to improve your experience and customise advertising. © 2021 Alexion Pharmaceuticals, Inc. Alexion Announces Upcoming Data Presentations at the 73rd Annual Meeting of the American Academy of Neurology, Alexion Reports Fourth Quarter and Full Year 2020 Results, Alexion to Report Fourth Quarter and Full Year 2020 Results on Thursday, February 4, 2021, Alexion Provides Update on Phase 3 Study of ULTOMIRIS® (ravulizumab-cwvz) in Hospitalized Patients with Severe COVID-19, Alexion Highlights Commercial, Clinical and Financial Progress at the 39th Annual J.P. Morgan Healthcare Conference, Alexion to Present at the 39th Annual J.P. Morgan Healthcare Conference, AstraZeneca to Acquire Alexion, Accelerating the Company's Strategic and Financial Development, Alexion Receives Marketing Authorization from European Commission for New Formulation of ULTOMIRIS® (ravulizumab) with Significantly Reduced Infusion Time, Alexion to Present at Upcoming Virtual Investor Conferences, Caelum and Alexion Announce Upcoming Data Presentations at the 62nd American Society of Hematology Annual Meeting and Exposition. Discover historical prices for ALXN stock on Yahoo Finance. Overall, Enterprise’s 2020 performance showed declines from 2019 – but one important metric showed a gain. In 2019, we made significant strides in formalizing our CSR commitment. … Given Alexion Pharmaceuticals’ 2018 market capitalization of $25 billion—No. Nevertheless, it has been considered one of the prime candidates for acquisition from the onset of 2019, after the mega-merger announcement of Bristol-Myers and Celgene. Track breaking Alexion headlines on NewsNow: the one-stop shop for Alexion news. Alexion (ALXN) Down on News of CFO Clancy's Departure in 2019 - … By clicking "OK" or continuing to use this site, you agree that we may collect and use your personal data and set cookies to improve your experience and customise advertising. This website is intended only for residents of the United States. The negative impact of foreign currency on total revenues year-over-year was less than 1 percent, or $2.5 million, inclusive of hedging […] Alexion Pharmaceuticals, Inc. ALXN posted fourth-quarter 2019 adjusted earnings of $2.71 per share, which improved 26.6% from the year-ago quarter’s $2.14. Staff Reporter . Alexion also has two highly innovative enzyme replacement therapies for patients with life-threatening and ultra-rare metabolic disorders, hypophosphatasia (HPP) and lysosomal acid lipase deficiency (LAL-D). Selling, general and administrative expense: Change in value of strategic equity investments, Non-GAAP earnings per common share - diluted. Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) today announced financial results for the fourth quarter and full year of 2019. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. BOSTON–(BUSINESS WIRE)–Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) today announced financial results for the fourth quarter and full year of 2019.Total revenues for the full year of 2019 were $4,991.1 million, a 21 percent increase compared to 2018. Alexion is committed to operating with integrity, accountability, and transparency, and to complying with all applicable laws and regulations. Logo of jester cap with thought bubble. Get the latest Alexion Pharmaceuticals, Inc. (ALXN) stock news and headlines to help you in your trading and investing decisions. Megan Goulart, 857-338-8634 Total revenues in the third quarter were $1,263.1 million, a 23 percent increase compared to the same period in 2018. To participate in the call, dial 866-762-3111 (USA) or 210-874-7712 (International), conference ID 1692605 shortly before 8:00 a.m. Eastern Time. Image source: The Motley Fool. Non-GAAP diluted EPS for the first quarter of 2019 was $2.39, a 42 percent increase versus the first quarter of 2018. […] The negative impact of foreign currency on total revenues year-over-year was 1 percent, or $45.1 million, inclusive of hedging activities. Due to their similar drug development pipeline, the acquisition is expected to … In addition, the company is developing several mid-to-late-stage therapies, including a second complement inhibitor, a copper-binding agent for Wilson disease and an anti-neonatal Fc receptor (FcRn) antibody for rare Immunoglobulin G (IgG)-mediated diseases as well as several early-stage therapies, including one for light chain (AL) amyloidosis and a second anti-FcRn therapy. 25, 2019-- Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) today announced financial results for the first quarter of 2019. Alexion's non-GAAP income tax expense for the three months ended March 31, 2019 and 2018 excludes the tax effect of pre-tax adjustments to GAAP profit. Get the latest Alexion Pharmaceuticals, Inc. (ALXN) stock news and headlines to help you in your trading and investing decisions. The deal comes in a week that AstraZeneca said it was conducting further research to confirm whether its COVID-19 vaccine could be 90% … Alexion currently carries a Zacks Rank #2 (Buy). Corporate Participants: Morgan Sanford — Director of Investor Relations. The drug is the source of 80 percent of Alexion's annual revenue. The negative impact of foreign currency on total revenues year-over-year was 1 percent, or $15.1 million, inclusive of hedging activities. News zur ALEXION PHARMACEUTICALS AKTIE und aktueller Realtime-Aktienkurs BridgeBio turns Alexion asset into first approved drug for rare metabolic disease This progress includes three business development deals, multiple filings under regulatory review and having begun dosing patients in two new ULTOMIRIS Phase 3 programs," said Ludwig Hantson, Ph.D., Chief Executive Officer of Alexion. Contents: Prepared Remarks Alexion Pharmaceuticals Inc (NASDAQ: ALXN) Q4 2019 Earnings Conference Call January 30, 2020. You are cordially invited to attend Alexion's 2019 Annual Meeting of Shareholders on Tuesday, May 14, 2019, at the Seaport Hotel, 1 Seaport Lane, Boston, MA 02210, at 5:30 p.m. local time. Alexion Pharmaceuticals has moved up over 20% during the past month after a large decline in the fourth quarter. Total revenues in the second quarter were $1,203.3 million, a 15 percent increase compared to the same period in 2018. He will be succeeded by Aradhana Sarin, M.D., who is currently the Chief Strategy and Business Officer. Financial contributions to UK and Irish PAOs from 2015 – 2019 Full guidance updates are outlined below. ET. Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) today announced financial results for the second quarter of 2019. A high-level overview of Alexion Pharmaceuticals, Inc. (ALXN) stock. Further information on disclosure can be found here . The negative impact of foreign currency on total revenues year-over-year was 1 percent, or $45.1 million, inclusive of hedging activities. Alexion's finances rely heavily on its rare disease drug Soliris. ET. This press release contains forward-looking statements, including statements related to: guidance regarding anticipated financial results for 2019 (and the assumptions related to such guidance); the strength of our business and continued growth; plans to expand the Company's pipeline; Company's goal of continuing to build on momentum as the year progresses; further future growth in the Company's four durable franchises (hematology/nephrology, metabolics, neurology and FcRn); plans to make future regulatory submissions/filings for approval of certain of our products and product candidates, including SOLIRIS (eculizumab) and ULTOMIRIS (ALXN1210/ravulizumab-cwvz), and the expected timing related thereto, (as well as the expected timing of the receipt of certain regulatory approvals to market a product); future plans for, and the timing for, the commencement of future clinical trials and the expected timing of the receipt of results of certain clinical trials and studies; potential benefits of current products and products under development and in clinical trials (including further extended dosing intervals); Company’s plans to initiate proof-of-concept studies for ULTOMIRIS in ALS and exploratory clinical study for ULTOMIRIS in PPMS; the expected timing of the closing of the Affibody AB transaction; the potential to treat a broad range of complement mediated diseases with the product to be developed with Zealand Pharma A/S; and Alexion's future clinical, regulatory, and commercial plans for ULTOMIRIS and other product candidates.Forward-looking statements are subject to factors that may cause Alexion's results and plans to differ materially from those forward-looking statements, including for example: our dependence on sales from our principal product (SOLIRIS); our ability to facilitate the timely conversion of PNH patients (and any future indications) from SOLIRIS to ULTOMIRIS; payer, physician and patient acceptance of ULTOMIRIS as an alternative to SOLIRIS; appropriate pricing for ULTOMIRIS; future competition from biosimilars and novel products; decisions of regulatory authorities regarding the adequacy of our research, marketing approval or material limitations on the marketing of our products; delays or failure of product candidates to obtain regulatory approval; delays or the inability to launch product candidates due to regulatory restrictions, anticipated expense or other matters; interruptions or failures in the manufacture and supply of our products and our product candidates; failure to satisfactorily address matters raised by the FDA and other regulatory agencies; results in early stage clinical trials may not be indicative of full results or results from later stage or larger clinical trials (or broader patient populations) and do not ensure regulatory approval; the possibility that results of clinical trials are not predictive of safety and efficacy and potency of our products (or we fail to adequately operate or manage our clinical trials) which could cause us to halt trials, delay or prevent us from making regulatory approval filings or result in denial of approval of our product candidates; unexpected delays in clinical trials; unexpected concerns that may arise from additional data or analysis obtained during clinical trials; future product improvements may not be realized due to expense or feasibility or other factors; uncertainty of long-term success in developing, licensing or acquiring other product candidates or additional indications for existing products; inability to complete planned acquisitions due to failure of regulatory approval or material changes in target or otherwise; inability to complete acquisitions and investments due to increased competition for technology; the possibility that current rates of adoption of our products are not sustained; the adequacy of our pharmacovigilance and drug safety reporting processes; failure to protect and enforce our data, intellectual property and proprietary rights and the risks and uncertainties relating to intellectual property claims, lawsuits and challenges against us (including intellectual property lawsuits relating to ULTOMIRIS brought by third parties against Alexion and inter partes review petitions submitted by third parties); the risk that third party payors (including governmental agencies) will not reimburse or continue to reimburse for the use of our products at acceptable rates or at all; failure to realize the benefits and potential of investments, collaborations, licenses and acquisitions; the possibility that expected tax benefits will not be realized; assessment of impact of recent accounting pronouncements; potential declines in sovereign credit ratings or sovereign defaults in countries where we sell our products; delay of collection or reduction in reimbursement due to adverse economic conditions or changes in government and private insurer regulations and approaches to reimbursement; uncertainties surrounding legal proceedings, company investigations and government investigations, including investigations of Alexion by the U.S. Securities and Exchange Commission (SEC) and U.S. Department of Justice; the risk that estimates regarding the number of patients with PNH, aHUS, gMG, HPP and LAL-D and other future indications we are pursuing are inaccurate; the risks of changing foreign exchange rates; risks relating to the potential effects of the Company's restructuring; risks related to the acquisition of Syntimmune and other companies and co-development and collaboration efforts; and a variety of other risks set forth from time to time in Alexion's filings with the SEC, including but not limited to the risks discussed in Alexion's Annual Report on Form 10-K for the period ended December 31, 2018 and in our other filings with the SEC.
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