Stock Track | SpringWorks Therapeutics Soars 14.88% in Pre-market on Strong Q4 Revenue, FDA Approval for New Drug

Stock Track

Feb 20

SpringWorks Therapeutics, Inc. (SWTX) saw its stock soar 14.88% in pre-market trading on Thursday, following the company's better-than-expected fourth quarter 2024 financial results and the recent FDA approval for its new drug GOMEKLI™ (mirdametinib).

The biopharmaceutical company reported net product revenue of $61.5 million for its approved drug OGSIVEO® (nirogacestat) in the fourth quarter, contributing to a full-year 2024 revenue of $172.0 million. This outperformed analysts' estimates and demonstrated strong execution in the U.S. launch of OGSIVEO for the treatment of desmoid tumors.

Furthermore, SpringWorks received a significant boost with the FDA approval of GOMEKLI on February 11th for the treatment of adult and pediatric patients with neurofibromatosis type 1 (NF1) associated plexiform neurofibromas not amenable to complete resection. GOMEKLI is the first and only approved medicine for both adults and children with this rare condition, providing a promising new treatment option.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1181808637"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1181808637\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1181808637?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-20 19:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1181808637","market":"us","top_or_hot":-1,"title":"Stock Track | SpringWorks Therapeutics Soars 14.88% in Pre-market on Strong Q4 Revenue, FDA Approval for New Drug","media":"Stock Track","content":"<p>SpringWorks Therapeutics, Inc. (SWTX) saw its stock soar 14.88% in pre-market trading on Thursday, following the company's better-than-expected fourth quarter 2024 financial results and the recent FDA approval for its new drug GOMEKLI™ (mirdametinib).</p>\n\n<p>The biopharmaceutical company reported net product revenue of $61.5 million for its approved drug OGSIVEO® (nirogacestat) in the fourth quarter, contributing to a full-year 2024 revenue of $172.0 million. This outperformed analysts' estimates and demonstrated strong execution in the U.S. launch of OGSIVEO for the treatment of desmoid tumors.</p>\n\n<p>Furthermore, SpringWorks received a significant boost with the FDA approval of GOMEKLI on February 11th for the treatment of adult and pediatric patients with neurofibromatosis type 1 (NF1) associated plexiform neurofibromas not amenable to complete resection. GOMEKLI is the first and only approved medicine for both adults and children with this rare condition, providing a promising new treatment option.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | SpringWorks Therapeutics Soars 14.88% in Pre-market on Strong Q4 Revenue, FDA Approval for New Drug</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | SpringWorks Therapeutics Soars 14.88% in Pre-market on Strong Q4 Revenue, FDA Approval for New Drug\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-20 19:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SpringWorks Therapeutics, Inc. (SWTX) saw its stock soar 14.88% in pre-market trading on Thursday, following the company's better-than-expected fourth quarter 2024 financial results and the recent FDA approval for its new drug GOMEKLI™ (mirdametinib).</p>\n\n<p>The biopharmaceutical company reported net product revenue of $61.5 million for its approved drug OGSIVEO® (nirogacestat) in the fourth quarter, contributing to a full-year 2024 revenue of $172.0 million. This outperformed analysts' estimates and demonstrated strong execution in the U.S. launch of OGSIVEO for the treatment of desmoid tumors.</p>\n\n<p>Furthermore, SpringWorks received a significant boost with the FDA approval of GOMEKLI on February 11th for the treatment of adult and pediatric patients with neurofibromatosis type 1 (NF1) associated plexiform neurofibromas not amenable to complete resection. GOMEKLI is the first and only approved medicine for both adults and children with this rare condition, providing a promising new treatment option.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SWTX","symbol_name":"SpringWorks Therapeutics, Inc.","start_time":0,"source_url":"","article_id":"1181808637","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1181808637","pubTimestamp":1740052250,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"SpringWorks Therapeutics, Inc.  saw its stock soar 14.88% in pre-market trading on Thursday, following the company's better-than-expected fourth quarter 2024 financial results and the recent FDA approval for its new drug GOMEKLI .The biopharmaceutical company reported net product revenue of $61.5 million for its approved drug OGSIVEO  in the fourth quarter, contributing to a full-year 2024 revenue of $172.0 million. This outperformed analysts' estimates and demonstrated strong execution in the U","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SWTX":"SpringWorks Therapeutics, Inc."},"translate_title":"股票轨迹SpringWorks Therapeutics因第四季度收入强劲、FDA批准新药而盘前飙升14.88%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SWTX":1},"content_text":"SpringWorks Therapeutics, Inc. (SWTX) saw its stock soar 14.88% in pre-market trading on Thursday, following the company's better-than-expected fourth quarter 2024 financial results and the recent FDA approval for its new drug GOMEKLI™ (mirdametinib).\nThe biopharmaceutical company reported net product revenue of $61.5 million for its approved drug OGSIVEO® (nirogacestat) in the fourth quarter, contributing to a full-year 2024 revenue of $172.0 million. This outperformed analysts' estimates and demonstrated strong execution in the U.S. launch of OGSIVEO for the treatment of desmoid tumors.\nFurthermore, SpringWorks received a significant boost with the FDA approval of GOMEKLI on February 11th for the treatment of adult and pediatric patients with neurofibromatosis type 1 (NF1) associated plexiform neurofibromas not amenable to complete resection. GOMEKLI is the first and only approved medicine for both adults and children with this rare condition, providing a promising new treatment option.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}