Incyte Corp

INCY: XNAS (USA)
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Incyte Earnings: Focus on Streamlining Pipeline as Jakafi Patent Expiration Approaches

Incyte reported $1.37 billion in third-quarter revenue, a 20% increase from the prior-year period. Management raised its revenue guidance by 1.2% at the midpoint for its leading hematology drug, Jakafi. New CEO Bill Meury outlined plans to streamline Incyte's pipeline and costs.

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