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Thursday, April 30, 2020

Agios Pharmaceuticals EPS beats by $1.09, beats on revenue

Agios Pharmaceuticals (NASDAQ:AGIO): Q1 GAAP EPS of -$0.59 beats by $1.09.
Revenue of $87.1M (+188.4% Y/Y) beats by $55.51M.
https://seekingalpha.com/news/3566751-agios-pharmaceuticals-eps-beats-1_09-beats-on-revenue

Abiomed EPS beats by $0.01, misses on revenue

Abiomed (NASDAQ:ABMD): Q4 Non-GAAP EPS of $0.98 beats by $0.01; GAAP EPS of $0.70 misses by $0.22.
Revenue of $206.66M (-0.2% Y/Y) misses by $2.92M.
https://seekingalpha.com/news/3566775-abiomed-eps-beats-0_01-misses-on-revenue

Lantheus EPS beats by $0.07, misses on revenue

Lantheus (NASDAQ:LNTH): Q1 Non-GAAP EPS of $0.36 beats by $0.07; GAAP EPS of $0.08.
Revenue of $90.7M (+4.8% Y/Y) misses by $1M.
https://seekingalpha.com/news/3566777-lantheus-eps-beats-0_07-misses-on-revenue

iRadimed EPS beats by $0.05, misses on revenue

iRadimed (NASDAQ:IRMD): Q1 Non-GAAP EPS of $0.18; GAAP EPS of $0.14 beats by $0.05.
Revenue of $8.68M (+2.8% Y/Y) misses by $0.04M.
https://seekingalpha.com/news/3566781-iradimed-eps-beats-0_05-misses-on-revenue

Perrigo beats Q1 consensus

Perrigo (PRGO) Q1 results:
Revenues: $1,341M (+14.2%); CSCA: $700.6M (+20.4%); CSCI: $382.7M (+9.1%); RX: $257.7M (+6.5%).
Net Income: $106.4M (+66.5%); EPS: $0.77 (+63.8%); non-GAAP Net Income: $156.7M (+7.6%); non-GAAP EPS: $1.14 (+6.5%).
CF Ops: $171.8M (+81.8%).
Due to the uncertainties associated with COVID-19 pandemic, the Company is not providing updated fiscal 2020 guidance at this time.
Shares are down 3% premarket.
https://seekingalpha.com/news/3566800-perrigo-beats-q1-consensus

Enrollment underway in study of Mesoblast’s remestemcel-L in COVID-19

Mesoblast Limited (NASDAQ:MESO) announces the start of enrollment in a Phase 2/3 clinical trial evaluating allogeneic mesenchymal stem cell candidate remestemcel-L in COVID-19 patients with moderate-to-severe acute respiratory distress syndrome.
Enrollment of up to 300 ventilator-dependent patients should wind up in three-to-four months. The primary endpoint is all-cause mortality within 30 days of randomization. A key secondary endpoint is the number of days off mechanical ventilator support.
https://seekingalpha.com/news/3566832-enrollment-underway-in-study-of-mesoblasts-remestemcel-l-in-covidminus-19

WuXi teams up with Aravive to develop biologics for cancer

WuXi Biologics (OTCPK:WXXWY) inks an agreement with Aravive (NASDAQ:ARAV) aimed at developing high-affinity bispecific antibodies for a target in cancer and fibrosis called CCN2.
Under the terms of the partnership, Aravive will have access to the former’s WuXiBody platform and will be responsible for preclinical and clinical development while WuXi will be responsible for discovery, process development and manufacturing.
Financial terms remain confidential.
https://seekingalpha.com/news/3566839-wuxi-teams-up-aravive-to-develop-biologics-for-cancer