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Now, some of them are looking for alternatives as geopolitical tensions rise.From big pharmaceutical companies such as AstraZeneca to small biotechnology firms like Amicus Therapeutics of New Jersey, which is looking for a non-Chinese company to supply raw materials for its rare-disease treatment, the companies say it is time to reduce China risk.Mostly unbeknown to American patients, U.S. and European companies often depend on China for basic chemistry services and pharmaceutical ingredients -- which is why U.S.-China disputes over trade and military issues in recent years have shaken the industry. Executives say the cost for top-notch Chinese work is typically lower than in the West.Now, companies are \"making choices based on lowering risks of relying on a single country or a couple of countries,\" said Kymera Therapeutics Chief Executive Nello Mainolfi. 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The company’s share...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/td-cowen-sticks-to-its-buy-rating-for-vir-biotechnology-vir?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/td-cowen-sticks-to-its-buy-rating-for-vir-biotechnology-vir?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":["COWN","TD","VIR"],"gpt_icon":0},{"id":"2480390099","title":"Vir Biotechnology, Inc. 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The company has topped consensus revenue estimates two times over the last four quarters.Vir Biotechnology shares have lost about 24.5% since the beginning of the year versus the S&P 500's gain of 21.9%.While Vir Biotechnology has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. 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The company reported quarterly sales of $2.40 million which missed","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/24/10/41663958/vir-biotechnology-q3-2024-adj-eps-1-56-misses-1-05-estimate-sales-2-40m-miss-5-51m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Vir Biotechnology Q3 2024 Adj EPS $(1.56) Misses $(1.05) Estimate, Sales $2.40M Miss $5.51M Estimate","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["VIR"],"gpt_icon":0},{"id":"2480387069","title":"BRIEF-Vir Biotechnology Q3 Cash & Investments USD 1,190 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Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2480061756","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480061756?lang=en_us&edition=fundamental","pubTime":"2024-11-01 04:05","pubTimestamp":1730405100,"startTime":"0","endTime":"0","summary":"– Successful closing of exclusive worldwide licensing agreement with Sanofi for three potential best-in-class clinical-stage dual-masked T-cell engagers with initial clinical data anticipated in Q1 2025 –。– Key Phase 2 SOLSTICE data in chronic hepatitis delta to be presented at AASLD 2024 –。– Jason O’Byrne appointed as Chief Financial Officer –。– Conference call scheduled for October 31, 2024 at 1:30 p.m. PT / 4:30 p.m. ET –。SAN FRANCISCO, October 31, 2024----Vir Biotechnology, Inc.  today provided a corporate update and reported financial results for the third quarter ended September 30, 2024.Preliminary data from the Phase 2 chronic hepatitis delta SOLSTICE study was presented at the European Study of the Liver  Meeting in June 2024. This data demonstrated the potential for transformative treatment for people living with chronic hepatitis delta, with both tobevibart as a monotherapy, and in combination with elebsiran, achieving high rates of virologic response and ALT normalization a","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/uCURDE_7asT0mezvM5pg6g--~B/aD0yMzM7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/8a8a256fbf43dd84e37d8c8adbee0587","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/uCURDE_7asT0mezvM5pg6g--~B/aD0yMzM7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/8a8a256fbf43dd84e37d8c8adbee0587"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/vir-biotechnology-reports-third-quarter-200500754.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":["BK4504","BK4568","BK4139","BK4018","CHB","BK4535","BK4585","VIR","BK4588","CHD"],"gpt_icon":0},{"id":"2478594506","title":"Vidrala SA (FRA:VIR) Q3 2024 Earnings Call Highlights: Strong Financial Performance Amidst ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2478594506","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2478594506?lang=en_us&edition=fundamental","pubTime":"2024-10-26 15:02","pubTimestamp":1729926177,"startTime":"0","endTime":"0","summary":"Revenue: EUR1,216.4 million, reflecting 0.9% growth at constant currency and comparable scope.EBITDA: EUR337.7 million, representing an organic improvement of 4.3% and a year-on-year increase of 7%.EBITDA Margin: 27.8%, an expansion of 140 basis points compared to the previous year.Net Debt: EUR299 million, with a leverage ratio of 0.7 times net pro forma EBITDA.Free Cash Flow Generation: Close to 13% of sales.GuruFocus has detected 2 Warning Sign with FRA:VIR.For the complete transcript of the earnings call, please refer to the full earnings call transcript.The company achieved an EBITDA of almost EUR338 million, reflecting a 7% year-on-year increase and an expansion of operating margins by 140 basis points.Vidrala SA  maintains a strong balance sheet with a net debt of EUR299 million and a leverage ratio of 0.7 times net pro forma EBITDA.A: Inigo Mendieta, Corporate Finance Director: More than 50% of our sales are linked to price adjustment formulas. These formulas currently indicate","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/vidrala-sa-fra-vir-q3-070257305.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":["VDRFF","FRA","VIR"],"gpt_icon":0},{"id":"2476290319","title":"State Street Corp's Strategic Acquisition in Vir Biotechnology Inc","url":"https://stock-news.laohu8.com/highlight/detail?id=2476290319","media":"GuruFocus.com","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2476290319?lang=en_us&edition=fundamental","pubTime":"2024-10-19 03:04","pubTimestamp":1729278299,"startTime":"0","endTime":"0","summary":"On September 30, 2024, State Street Corp made a significant addition to its investment portfolio by acquiring 5,625,533 shares of Vir Biotechnology Inc , a notable player in the biotechnology sector. This transaction, executed at a price of $7.49 per share, marks a substantial increase in State Street Corp's holdings in the company, reflecting a strategic move within the biotech industry.GuruFocus has detected 4 Warning Signs with VIR.State Street Corp, headquartered at One Lincoln Street, Boston, MA, is a prominent investment firm with a robust portfolio that includes top holdings such as Apple Inc , Amazon.com Inc , and Microsoft Corp . With an equity of $2,285.63 trillion, the firm has a significant presence in the technology and financial services sectors. State Street Corp's investment philosophy focuses on leveraging market trends and technological advancements to maximize returns.Gotham Asset Management, LLC, as the largest shareholder in Vir Biotechnology, shares a similar inve","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Ce33vFxBBfAYsTz8jVcOTA--~B/aD05MDI7dz0xMjQyO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/us.finance.gurufocus/cfe6aa46b18299e477e22affb8c27a63","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Ce33vFxBBfAYsTz8jVcOTA--~B/aD05MDI7dz0xMjQyO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/us.finance.gurufocus/cfe6aa46b18299e477e22affb8c27a63"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/state-street-corps-strategic-acquisition-190459663.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["MNQmain",".IXIC","IE00B19Z8X17.USD","GB00B4QBRK32.GBP","VIR","BK4097","STT","BK4554","IE00B4JS1V06.HKD","BK4567","BK4559","IE000W1ABFV2.USD","QLD","BK4501","BK4515","BK4538","IE00B19Z9505.USD","BK4535","SQQQ","BK4551","TQQQ","GB00BDT5M118.USD","BK4553","IE00BJJMRY28.SGD","NQmain","IE00BKDWB100.SGD","BK4516","GB00B4LPDJ14.GBP","IE00BJJMRX11.SGD","PSQ","LU0061475181.USD","BK4512","IE00B1XK9C88.USD","BK4550","IE0004445015.USD","BK4503","BK4507","BK4568","LU0079474960.USD","BK4566","IE00B775H168.HKD","LU0061474960.USD","BK4561","QID","BK4528","IE00BDCRKT87.USD"],"gpt_icon":1},{"id":"2476343794","title":"BRIEF-VIR Biotechnology To Provide Business Update And Report Third Quarter 2024 Financial Results On October 31, 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2476343794","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2476343794?lang=en_us&edition=fundamental","pubTime":"2024-10-18 04:36","pubTimestamp":1729197390,"startTime":"0","endTime":"0","summary":"Oct 17 (Reuters) - Vir Biotechnology Inc   :   * VIR BIOTECHNOLOGY TO PROVIDE BUSINESS UPDATE AND REPORT THIRD QUARTER 2024 FINANCIAL RESULTS ON OCTOBER 31, 2024Source text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","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://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","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":["LU0348723411.USD","LU2360107325.USD","LU1861214812.USD","LU1861219969.SGD","LU1854104046.USD","LU0724618433.USD","LU1861215975.USD","LU0124384867.USD","BK4588","LU1854103824.USD","LU1978683503.SGD","LU1720051017.SGD","BK4512","LU1720051108.HKD","LU2298322129.HKD","IE00BD6J9T35.USD","ON","LU2357305700.SGD","IE00BZ199S13.USD","BK4139","BK4568","LU1548497426.USD","BK4535","VIR","BK4585","LU1861220033.SGD","BK4141"],"gpt_icon":0},{"id":"2476671437","title":"Press Release: Vir Biotechnology to Provide Business Update and Report Third Quarter 2024 Financial Results on October 31, 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2476671437","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2476671437?lang=en_us&edition=fundamental","pubTime":"2024-10-18 04:36","pubTimestamp":1729197360,"startTime":"0","endTime":"0","summary":"Vir Biotechnology to Provide Business Update and Report Third Quarter 2024 Financial Results on October 31, 2024. Vir Biotechnology, Inc.  today announced the Company will provide a corporate update and report financial results for the third quarter ended September 30, 2024, on October 31, 2024. The Company will host a conference call at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time on October 31, 2024.Vir Biotechnology, Inc. is a clinical-stage biopharmaceutical company focused on powering the immune system to transform lives by discovering and developing medicines for serious infectious diseases and cancer. Vir's clinical-stage portfolio includes infectious disease programs for chronic hepatitis delta and chronic hepatitis B infections, in addition to multiple oncology programs. Vir also has a preclinical portfolio of programs across a range of other infectious diseases and oncologic malignancies. Vir routinely posts information that may be important to investors on its website.","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://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":["VIR","BK4585","BK4535","BK4139","BK4568"],"gpt_icon":0}],"pageSize":16,"totalPage":8,"pageCount":7,"totalSize":125}]}}