Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-12400 INCYTE CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction ...

Incyte (INCY) Q1 2025 Earnings Call April 29, 2025 01:25 PM ET Speaker0 Greetings, and welcome to the Incyte First Quarter twenty twenty five Earnings Conference Call and Webcast. A question and answer session will follow the formal presentation. You may be placed into question queue at any time by pressing star one on your telephone keypad. In the interest of time, we ask that you please limit yourselves to one question then return to the queue. As a reminder, this conference is being recorded. It's now my ...

Incyte Corporation (INCY) reported first-quarter 2025 adjusted earnings of $1.16 per share, which beat the Zacks Consensus Estimate of $1.01. The company had recorded adjusted earnings of 58 cents per share in the year-ago quarter. (See the Zacks Earnings Calendar to stay ahead of market-making news.)Total revenues in the first quarter were $1.05 billion, which grew 20% year over year, driven by the sustained performance of its lead drug, Jakafi (ruxolitinib), and increased sales of Opzelura (ruxolitinib) c ...

2025 First Quarter Financial and Corporate Update April 29, 2025 First Quarter 2025 Earnings Call Agenda | Introduction | Greg Shertzer Investor Relations | | --- | --- | | Key Highlights & Commercial | Hervé Hoppenot | | Review | Chief Executive Officer | | Financial Review | Christiana Stamoulis Chief Financial Officer | | R&D Update | Pablo Cagnoni | | | Head of Research & Development | | Closing Remarks | Hervé Hoppenot | | | Chief Executive Officer | | | Matteo Trotta EVP, Head of U.S. Dermatology | | ...

Incyte (INCY) reported $1.05 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 19.5%. EPS of $1.16 for the same period compares to $0.64 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.01 billion, representing a surprise of +4.66%. The company delivered an EPS surprise of +14.85%, with the consensus EPS estimate being $1.01.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

Incyte (INCY) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.85%. A quarter ago, it was expected that this specialty drugmaker would post earnings of $1.53 per share when it actually produced earnings of $1.43, delivering a surprise of -6.54%.Over the last four quarters, the compa ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Incyte Reports 2025 First Quarter Financial Results and Provides Updates on Key Clinical Programs Conference Call and Webcast Scheduled Today at 8:00 a.m. ET WILMINGTON, Del. – April 29, 2025 – Incyte (Nasdaq:INCY) today reports 2025 first quarter financial results, and provides a status update on the Company's clinical development portfolio. "The double-digit revenue growth in the first quarter driven by the continued growth of Jakafi and Opzelura and the recent launch of ...

文章核心观点 - 泛美（美国除外）专业制药公司Knight Therapeutics Inc.宣布其墨西哥子公司Grupo Biotoscana de Especialidad S.A. de C.V.推出Minjuvi®（tafasitamab）用于治疗特定淋巴瘤患者 [1] 公司动态 - 2025年3月26日公司宣布其墨西哥子公司推出Minjuvi® [1] - 2021年9月公司与Incyte达成供应和分销协议，获得tafasitamab在拉丁美洲的独家分销权 [7] - 2024年10月墨西哥卫生监管机构COFEPRIS通过孤儿药认定，批准Minjuvi®在墨西哥上市 [7] 产品信息 - Minjuvi®是一种人源化Fc修饰的溶细胞性CD19靶向单克隆抗体，通过凋亡和免疫效应机制介导B细胞裂解 [8] - Minjuvi®与来那度胺联用，随后进行Minjuvi®单药治疗，用于治疗不适合自体干细胞移植（ASCT）的复发或难治性弥漫性大B细胞淋巴瘤（DLBCL）成年患者 [2] - 在美国，Monjuvi®（tafasitamab - cxix）与来那度胺联用获FDA加速批准用于治疗特定DLBCL患者 [9] - 在欧洲，Minjuvi®与来那度胺联用，随后进行单药治疗，获EMA有条件上市许可用于治疗特定DLBCL患者 [9] 临床数据 - L - MIND试验评估Minjuvi®与来那度胺联用治疗不适合ASCT的复发或难治性DLBCL成年患者，主要分析结果显示客观缓解率（ORR）为60%，完全缓解率（CR）为43%，疾病控制率（DCR）为74% [4] - 约57%的缓解患者在5年后仍处于缓解状态，且该方案无化疗毒性低且可控 [5] 行业背景 - DLBCL是非霍奇金淋巴瘤最常见的亚型，侵袭性强，许多患者一线治疗后会复发或难治，且不适合ASCT，预后差 [3] - 根据2025年美国国立综合癌症网络（NCCN）指南，Minjuvi®被列为不适合移植的DLBCL患者的首选二线治疗方案之一 [4]

文章核心观点 - 因试验药物临床试验结果不佳，因塞特公司股价近几日下跌，本周迄今跌幅近11%，该药物未来前景不乐观 [1][5] 临床试验情况 - 周一因塞特公布了治疗中重度化脓性汗腺炎的试验药物波沃西替尼两项3期试验的 topline 结果，该疾病是一种慢性炎症性皮肤病 [2] - 两项试验中该药物达到主要终点，脓肿和炎性结节数量较基线显著减少超50%，但脓肿或引流隧道数量无改善，两种测试剂量结果相似 [3] 市场竞争与公司态度 - 尽管公司称试验成功，但部分分析师因该药物在2期试验中的良好表现而期望更高，若获批上市，波沃西替尼将面临竞争，尤其是优时比已获FDA批准的Bimzelx [4] - 因塞特称3期试验支持其对该试验药物的监管提交计划 [4] 药物未来前景 - 生物技术公司高度依赖产品管线，即使是像因塞特这样已有获批药物上市的公司也是如此，波沃西替尼虽可能获批，但目前看来不太可能成为突破性药物 [5]

文章核心观点 - Incyte公司公布povorcitinib治疗化脓性汗腺炎（HS）的两项后期研究数据后股价下跌，虽研究达到主要终点但结果未达投资者预期，且公司依赖Jakafi增长面临竞争和专利到期问题，同时推荐了其他排名较好的生物技术股 [1][11][12] 股价表现 - Incyte公司股价周一在公布povorcitinib研究数据后下跌8.62% [1] - 过去六个月Incyte公司股价下跌7.2%，而医疗生物医学/遗传学行业下跌9.6% [2] Povorcitinib研究情况 - Povorcitinib是口服小分子JAK1选择性抑制剂，正进行HS、白癜风、结节性痒疹（PN）的III期研究，以及哮喘和慢性自发性荨麻疹（CSU）的II期试验 [4] - III期研究STOP - HS1和STOP - HS2评估povorcitinib对中重度HS成年患者的疗效和安全性，包括12周双盲安慰剂对照治疗期、42周延长期和30天安全随访 [5] - 两项研究各招募约600名至少三个月前诊断为HS的患者，患者需满足总脓肿和炎性结节计数等特定标准 [6] - 两项研究在45mg和75mg两个测试剂量下均达到主要终点，每日一次服用povorcitinib的患者达到化脓性汗腺炎临床反应（HiSCR）且总AN计数较基线降低至少50%的比例显著高于安慰剂组 [7] - STOP - HS1研究第12周数据显示，45mg剂量下40.2%患者达到HiSCR50（安慰剂组29.7%），75mg剂量下40.6%患者达到HiSCR50（安慰剂组29.7%） [8] - STOP - HS2研究第12周数据显示，45mg剂量下42.3%患者达到HiSCR50（安慰剂组28.6%），75mg剂量下42.3%患者达到HiSCR50（安慰剂组28.6%） [8] - 在先前使用过生物制剂的患者亚组中，povorcitinib与安慰剂相比显示出更大的疗效差异 [9] - STOP - HS1研究中该亚组45mg剂量下34.2%患者达到HiSCR50（安慰剂组21.9%），75mg剂量下37.8%患者达到HiSCR50（安慰剂组21.9%） [9] - STOP - HS2研究中该亚组45mg剂量下45%患者达到HiSCR50（安慰剂组19.5%），75mg剂量下40%患者达到HiSCR50（安慰剂组19.5%） [10] - povorcitinib总体安全性与先前数据一致，公司认为数据支持其在全球提交治疗HS的监管申请 [10] - 研究结果未达分析师预期，且鉴于多种活性更高的生物制剂，分析师对povorcitinib的潜在作用存疑 [11] 公司业务风险 - Incyte严重依赖Jakafi实现营收增长，尽管近期获批药物销售良好且其他药物有望获批使产品组合多元化 [12] - Jakafi部分获批适应症面临竞争，FDA批准GSK的Ojjaara用于治疗成人贫血相关骨髓纤维化，GSK 2024年Ojjaara销售额达3.53亿英镑 [13] - Jakafi预计几年后失去专利保护 [14] 股票排名及其他推荐 - Incyte目前Zacks排名为3（持有） [15] - 生物技术领域排名较好的股票有吉利德科学（Gilead Sciences）和BioMarin Pharmaceutical，目前Zacks排名均为2（买入） [15] - 过去30天，吉利德科学2025年每股收益（EPS）估计从7.80美元增至7.87美元，2026年从8.12美元增至8.27美元，过去四个季度盈利均超预期，平均惊喜率19.47% [16] - 过去30天，BioMarin Pharmaceutical 2025年EPS估计从4.01美元增至4.24美元，2026年从5.20美元增至5.38美元，过去四个季度盈利均超预期，平均惊喜率32.36% [17]