Incyte Corporation: More than just a biotech stock – An interesting investment story
Incyte presents itself as a well-funded (high cash reserves, low debt) biotechnology company with strong commercial products and a strategically oriented pipeline.
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Incyte (NASDAQ: INCY) is a biopharmaceutical company. Its main strength lies in its commercially successful portfolio, led by the blockbuster Jakafi. Jakafi is approved for the treatment of rare blood cancers (myelofibrosis, polycythemia vera) and graft-versus-host disease, delivering stable and growing revenues for years. The company has consistently exceeded earnings expectations in recent quarters and raised forecasts for Jakafi, highlighting its operational strength. Another key growth driver is the skin medication Opzelura, used for chronic...
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