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ANI Pharmaceuticals

67.52

-0.7700-1.13%

Post-market: 67.520.00000.00%18:30 EDT

Volume:698.16K

Turnover:46.74M

Market Cap:1.47B

PE:-147.97

High:68.40

Open:66.02

Low:65.13

Close:68.29

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Overview Company News Filings

ANI: Q3 Earnings Snapshot

Associated Press Finance

ANI Pharmaceuticals Q3 2024 Adj EPS $1.34 Beats $1.09 Estimate, Sales $148.33M Beat $144.35M Estimate

BRIEF-ANI Pharmaceuticals Q3 Adjusted EPS USD 1.34 Vs. IBES Estimate USD 1.09

ANI Pharmaceuticals Reports Record Third Quarter 2024 Financial Results and Raises 2024 Guidance

THOMSON REUTERS

ANI Pharmaceuticals Inc: Outlook FY24 REV $594 Mln - $602 Mln

THOMSON REUTERS

ANI Pharmaceuticals Outlook FY Adjusted Ebitda USD 149-153 Million

THOMSON REUTERS

ANI Pharmaceuticals Reports Record Third Quarter 2024 Financial Results and Raises 2024 Guidance

Calendar of U.S. Earnings Expected in the Week Ahead

ANI Pharmaceuticals to Present at Guggenheim's Inaugural Healthcare Innovation Conference and Jefferies London Healthcare Conference in November

ANI Pharmaceuticals to Discuss Third Quarter 2024 Financial Results on November 8, 2024, at 8:00 a.m. ET

Truist Financial Keeps Their Hold Rating on ANI Pharmaceuticals (ANIP)

ANI Pharmaceuticals Launches Estradiol Gel Following US FDA's Final Approval for Abbreviated New Drug Application

MT Newswires Live

ANI Pharmaceuticals announces FDA approval of Estradiol Gel, 0.06%

ANI Pharmaceuticals Announces the FDA Approval and Launch of Estradiol Gel, 0.06%

THOMSON REUTERS

ANI Pharmaceuticals to Present New Data Highlighting Membranous Nephropathy Research at American Society of Nephrology Kidney Week 2024

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Earnings, adjusted for one-time gains and costs, were $1.34 per share.The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share.The drugmaker posted revenue of $148.3 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $144 million.ANI expects full-year revenue in the range of $594 million to $602 million.ANI shares have climbed almost 6% since the beginning of the year. 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Axle & Mnfg                                3Q      (.05)  8:00 AM","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PARA","ACLX","BNTC","MSGE","ATAI","AMTX","SBS","GSL","XAIR","AHR","GATO","ATOS","INTS","FLR","AGO","OCS","CLMT","NPWR","COCP","HLLY","AMRX","NRXP","KT","VRDN","ABOS","ALT","AVTE","GCMG","ZURA","GTN","BLMN","PAGP","LAZR","APGE","BAX","VINC","ZETA","PAA","FBRX","WMS","TSVT","ATSG","RBA","TSBX","HUMA","AIRS","ANIP","XERS","SGMT","MASS"],"gpt_icon":1},{"id":"2481497550","title":"ANI Pharmaceuticals to Present at Guggenheim's Inaugural Healthcare Innovation Conference and Jefferies London Healthcare Conference in November","url":"https://stock-news.laohu8.com/highlight/detail?id=2481497550","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481497550?lang=en_us&edition=fundamental","pubTime":"2024-11-05 05:30","pubTimestamp":1730755800,"startTime":"0","endTime":"0","summary":"PRINCETON, N.J., Nov.  04, 2024  (GLOBE NEWSWIRE) -- ANI Pharmaceuticals, Inc. (“ANI” or the “Company”) (Nasdaq: ANIP) today announced that Nikhil Lalwani, President and Chief Executive Officer, and S","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2024/11/04/2974487/0/en/ANI-Pharmaceuticals-to-Present-at-Guggenheim-s-Inaugural-Healthcare-Innovation-Conference-and-Jefferies-London-Healthcare-Conference-in-November.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4007","ANIP","HCSG","BK4137"],"gpt_icon":0},{"id":"2479766776","title":"ANI Pharmaceuticals to Discuss Third Quarter 2024 Financial Results on November 8, 2024, at 8:00 a.m. ET","url":"https://stock-news.laohu8.com/highlight/detail?id=2479766776","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2479766776?lang=en_us&edition=fundamental","pubTime":"2024-10-31 05:00","pubTimestamp":1730322000,"startTime":"0","endTime":"0","summary":"PRINCETON, N.J., Oct.  30, 2024  (GLOBE NEWSWIRE) -- ANI Pharmaceuticals, Inc. (“ANI” or the “Company”) (NASDAQ: ANIP) today announced that the Company will release its third quarter 2024 financial re","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2024/10/30/2972151/0/en/ANI-Pharmaceuticals-to-Discuss-Third-Quarter-2024-Financial-Results-on-November-8-2024-at-8-00-a-m-ET.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4590","ET","BK4561","BK4144","BK4585","BK4007","BK4588","ANIP","BK4581"],"gpt_icon":1},{"id":"2478484661","title":"Truist Financial Keeps Their Hold Rating on ANI Pharmaceuticals (ANIP)","url":"https://stock-news.laohu8.com/highlight/detail?id=2478484661","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2478484661?lang=en_us&edition=fundamental","pubTime":"2024-10-28 10:25","pubTimestamp":1730082305,"startTime":"0","endTime":"0","summary":"In a report released on October 25, Les Sulewski from Truist Financial maintained a Hold rating on ANI Pharmaceuticals (ANIP – Research Report), wi...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/truist-financial-keeps-their-hold-rating-on-ani-pharmaceuticals-anip?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate","earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/truist-financial-keeps-their-hold-rating-on-ani-pharmaceuticals-anip?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ANIP"],"gpt_icon":0},{"id":"2478989566","title":"ANI Pharmaceuticals Launches Estradiol Gel Following US FDA's Final Approval for Abbreviated New Drug 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+4.07","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4007","ANIP"],"gpt_icon":0},{"id":"2478600409","title":"ANI Pharmaceuticals announces FDA approval of Estradiol Gel, 0.06%","url":"https://stock-news.laohu8.com/highlight/detail?id=2478600409","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2478600409?lang=en_us&edition=fundamental","pubTime":"2024-10-25 18:56","pubTimestamp":1729853770,"startTime":"0","endTime":"0","summary":"ANI Pharmaceuticals (ANIP) announced that following final approval from the U.S. FDA for its Abbreviated New Drug Application, the company launched...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/ani-pharmaceuticals-announces-fda-approval-of-estradiol-gel-0-06?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/ani-pharmaceuticals-announces-fda-approval-of-estradiol-gel-0-06?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ANIP","BK4007"],"gpt_icon":0},{"id":"2478257607","title":"ANI Pharmaceuticals Announces the FDA Approval and Launch of Estradiol Gel, 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Kidney Week 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2477683557","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477683557?lang=en_us&edition=fundamental","pubTime":"2024-10-24 18:50","pubTimestamp":1729767000,"startTime":"0","endTime":"0","summary":"Two poster presentations demonstrate ANI’s commitment to research in membranous nephropathy carePRINCETON, N.J., Oct.  24, 2024  (GLOBE NEWSWIRE) -- ANI Pharmaceuticals, Inc. (ANI or the Company) (Nas","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2024/10/24/2968521/0/en/ANI-Pharmaceuticals-to-Present-New-Data-Highlighting-Membranous-Nephropathy-Research-at-American-Society-of-Nephrology-Kidney-Week-2024.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4007","BK4107","ANIP","AFG","BK4117"],"gpt_icon":0},{"id":"2477565336","title":"Starboard Slams Pfizer for R&D Inefficiencies, Overpaid Acquisitions","url":"https://stock-news.laohu8.com/highlight/detail?id=2477565336","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477565336?lang=en_us&edition=fundamental","pubTime":"2024-10-24 01:18","pubTimestamp":1729703880,"startTime":"0","endTime":"0","summary":"At an investor summit in New York on Tuesday, activist investor Starboard called out Pfizer's PFE board of directors to take action against the latter’s management for making poor capital allocation, research and development (R&D) failures and problems with forecasting and budgeting.Per Starboard, these decisions have resulted in Pfizer losing nearly $20-$60 billion of market value since 2019, despite receiving a $40 billion boost from its COVID-19 franchise during the pandemic.This is the first time that the activist shareholder has publicly detailed its concerns about the pharma giant. Before raising these concerns, Starboard built a $1 billion position in PFE and even met with the company’s CEO, Albert Bourla, last week.Year to date, Pfizer’s shares have moved up 0.4% compared with the industry’s 19.0% growth.The activist shareholder provided a detailed explanation on the company’s expected return on revenues and compared it with the industry","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/IW5EhxEFuSd4V4nUFOhT_A--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/1e2f63f10f05b0390ba8b63bd4ef031c","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/IW5EhxEFuSd4V4nUFOhT_A--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/1e2f63f10f05b0390ba8b63bd4ef031c"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/starboard-slams-pfizer-r-d-171800939.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SG9999001176.USD","IE00BBT3K403.USD","BK4534","LU0170899867.USD","SG9999002232.USD","SG9999003800.SGD","IE000M9KFDE8.USD","BK4592","BK4550","LU1066051498.USD","IE00B19Z3581.USD","LU1057294990.SGD","BK4568","LU1883839398.USD","LU0289739699.SGD","ALNY","LU0456855351.SGD","LU0868494617.USD","SG9999002224.SGD","LU0225284248.USD","LU0985481810.HKD","LU1894683264.USD","SG9999001176.SGD","BK4533","SG9999011175.SGD","SG9999013999.USD","BK4196","CSTL","IE00BLSP4452.SGD","LU0306807586.USD","IE00B19Z3B42.SGD","PFE","LU0321505439.SGD","BK4581","ANIP","LU1023059063.AUD","IE0002270589.USD","LU0321505868.SGD","LU0234572021.USD","SGXZ57979304.SGD","LU1066053197.SGD","BK4007","BK4588","BK4139","IE00BLSP4239.USD","LU0225771236.USD","BK4585","LU0058720904.USD","LU1894683348.USD","BK4548"],"gpt_icon":1},{"id":"2477518335","title":"EDIT Seeks Partner for Reni-Cel Developmental Program, Stock Down","url":"https://stock-news.laohu8.com/highlight/detail?id=2477518335","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477518335?lang=en_us&edition=fundamental","pubTime":"2024-10-23 23:29","pubTimestamp":1729697340,"startTime":"0","endTime":"0","summary":"Shares of Editas Medicine EDIT plunged 12.5% on Tuesday after announcing that it is seeking a global partner to advance its lead gene editing therapy, reni-cel, which is being developed for certain non-malignant hematologic diseases, or potentially out-license rights to the treatment entirely, amid asignificant cash crunch.Editas firmly believes that this decision is in the best interests of its patients and shareholders, as a potential partnership agreement would allow for further development and ultimately commercialization of reni-cel with or by another party, enabling the company to reduce spending in 2025 substantially. However, EDIT’s decision did not impress investors, resulting in the stock price drop.Based on such encouraging pre-clinical results, Editas believes that it has a clear path forward to develop a potentially first- and best-in-class in vivo gene-edited medicine for the treatment of sickle cell disease and beta thalassemia. An in vivo medicine could be more benefici","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/OQmIpr5vwbHDcZeUdtSZeA--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/4a85ded772dcf5689bab3fdbf2b5da21","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/OQmIpr5vwbHDcZeUdtSZeA--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/4a85ded772dcf5689bab3fdbf2b5da21"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/edit-seeks-partner-reni-cel-152900868.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["VRTX","IE00B19Z9P08.USD","BK4556","IE00BJJMRZ35.SGD","IE0002270589.USD","LU0079474960.USD","IE00B894F039.SGD","BK4567","IE00B19Z9Z06.USD","LU2236285917.USD","LU0823416689.USD","IE00BFTCPJ56.SGD","BK4023","BK4588","IE00B19Z3581.USD","LU0320765992.SGD","LU1035775433.USD","LU2362540622.SGD","LU0058720904.USD","IE00B2B36J28.USD","LU0256863811.USD","SCD","IE00BZ9MQY76.HKD","LU2324357040.USD","EDIT","LU2456880835.USD","LU0889565916.HKD","LU2417539215.USD","BK4532","IE00B4R5TH58.HKD","LU0109394709.USD","LU0234570918.USD","FATE","BK4007","LU1430594728.SGD","BK4585","BK4533","IE00BJT1NW94.SGD","VERX","LU1093756325.SGD","LU0289739699.SGD","IE00B19Z3B42.SGD","LU2462157665.USD","LU1069344957.HKD","BK4139","ANIP","LU2362541273.HKD","LU2237438978.USD","LU1585245621.USD"],"gpt_icon":0},{"id":"2477364128","title":"AstraZeneca Receives CHMP's Approval for Wainzua in Europe","url":"https://stock-news.laohu8.com/highlight/detail?id=2477364128","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477364128?lang=en_us&edition=fundamental","pubTime":"2024-10-23 00:51","pubTimestamp":1729615860,"startTime":"0","endTime":"0","summary":"AstraZeneca AZN and Ionis Pharmaceuticals IONS announced that the Committee for Medicinal Products for Human Use  has recommended approval for their drug Wainzua  for treating hereditary transthyretin-mediated amyloidosis, commonly called hATTR-PN or ATTRv-PN.If the European Commission approves Wainzua, it will become the only medicine approved for treating ATTRv-PN that can be self-administered monthly via an auto-injector in the European Union.Wainzua was approved by the name of Wainua in the United States in December last year. The drug was commercially launched in the United States in the first quarter of 2024.ATTRv-PN is a debilitating disease, which leads to peripheral nerve damage and affects an estimated 40,000 people worldwide. It can cause motor disability within five years of diagnosis, which can become fatal if not treated properly within a decade.Year to date, shares of AstraZeneca have increased 15% compared with the industry’s rally of 20.5%.Year to date, shares of Ionis","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/6pmiwRZRhtc7hxDNA3zxVQ--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/ef77d5a5eb4e72e4dd31ccfaf4ca4ccd","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/6pmiwRZRhtc7hxDNA3zxVQ--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/ef77d5a5eb4e72e4dd31ccfaf4ca4ccd"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/astrazeneca-receives-chmps-approval-wainzua-165100298.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0109394709.USD","LU2462157665.USD","BK4585","ANIP","IONS","BK4087","BK4139","AZN","LU0889565916.HKD","LU0320765992.SGD","ELEV","LU2456880835.USD","LU2236285917.USD","CHMP","BK4539","LU1829250122.USD","BK4007","LU2417539215.USD","BK4588","BK4568"],"gpt_icon":0},{"id":"2477682483","title":"NVO's Rybelsus Meets Primary Goal in MACE Study for Diabetes Patients","url":"https://stock-news.laohu8.com/highlight/detail?id=2477682483","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477682483?lang=en_us&edition=fundamental","pubTime":"2024-10-22 23:31","pubTimestamp":1729611060,"startTime":"0","endTime":"0","summary":"Novo Nordisk NVO announced positive top-line data from a late-stage cardiovascular outcomesstudy that evaluated its oral semaglutide compared with placebo as an adjunct to standard of care for the prevention of major adverse cardiovascular events .The enrolled patient population comprised those with type 2 diabetes  and established cardiovascular disease and/or chronic kidney disease .Novo Nordisk further stated that 49% of the enrolled patients received SGLT2i, the standard-of-care therapy, at some point during the study.NVO’s Rybelsus Shows Superior Efficacy in MACE Study. Novo Nordisk is also actively exploring additional uses for semaglutide, including evaluating Wegovy for heart failure in diabetes and obesity patients, and Ozempic as a treatment for T2D and CKD. The company is also","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/EaYjwqFOUx_QJeP7FQN8Aw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/723b414aa10600faf58f7a232ec73364","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/EaYjwqFOUx_QJeP7FQN8Aw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/723b414aa10600faf58f7a232ec73364"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/nvos-rybelsus-meets-primary-goal-153100893.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["MACE","LU2065171311.SGD","LU1093756168.USD","IE00BZ1G4Q59.USD","BK4183","BK4532","LU2065171402.SGD","NVO","BK4585","BK4007","BK4588","IE00BKVL7J92.USD","ANIP","LU2065170008.USD","FATE","LU0154236417.USD","LU1093756325.SGD","BK4157","BK4139","LU2065169927.USD","FOLD"],"gpt_icon":0},{"id":"2477536315","title":"EDIT Inks Collaboration Deal to Develop Novel Gene Editing Therapies","url":"https://stock-news.laohu8.com/highlight/detail?id=2477536315","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477536315?lang=en_us&edition=fundamental","pubTime":"2024-10-22 23:31","pubTimestamp":1729611060,"startTime":"0","endTime":"0","summary":"The partnership aims to leverage Editas’ CRISPR Cas12a genome editing systems with Genevant’s proprietary lipid nanoparticle  technology to develop novel mRNA-LNP gene editing therapies for two undisclosed targets in EDIT’s upregulation strategy.Per the deal, Editas will pay up to $238 million in upfront and contingent milestone payments to Genevant, while the latter will also be eligible to receive tiered royalties on future net sales upon potential approval.Genevant has also granted Editas a nonexclusive worldwide license for the LNP technology to develop mRNA-CRISPR Cas12a-LNP products directed to two undisclosed targets in certain specified fields.Year to date, shares of Editas have plunged 62.9% compared with the industry’s decline of 1.8%.The company completed enrollment and continues to dose SCD patients in the adult cohort of the RUBY study, while enrollment has been completed in the adolescent cohort of the RUBY study. 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