argenx

argenx

Biotechnology for autoimmune disease treatments

About argenx

Simplify's Rating
Why argenx is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Biotechnology

Healthcare

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Ghent, Belgium

Founded

2008

Overview

argenx develops treatments for severe autoimmune diseases and cancer through biotechnology. The company focuses on creating therapeutic antibodies, which are proteins designed to target specific diseases. One of their main products, cusatuzumab, is being developed with Janssen R&D to treat blood cancers like leukemia. What sets argenx apart from other companies in the biopharmaceutical market is its strong emphasis on collaboration with academic institutions and industry partners to turn scientific research into effective therapies. The goal of argenx is to provide effective immunology solutions that improve the lives of patients suffering from serious health conditions.

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Simplify's Take

What believers are saying

  • argenx's cusatuzumab benefits from personalized medicine trends in oncology.
  • Steroid-sparing therapeutics collaboration aligns with demand for reduced side effects.
  • Advancing multiple Phase 2 trials by 2024 accelerates candidate identification.

What critics are saying

  • Increased competition in immunology may impact argenx's market share.
  • Failure of efgartigimod in pemphigus could reduce investor confidence.
  • Regulatory scrutiny on drug pricing may affect argenx's revenue streams.

What makes argenx unique

  • argenx collaborates with Janssen R&D on cusatuzumab for leukemia treatment.
  • Focus on autoimmune diseases with innovative FcRn blockers differentiates argenx.
  • Partnerships with academic institutions enhance argenx's research capabilities.

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Funding

Total Funding

$3781.3M

Above

Industry Average

Funded Over

5 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

3%

2 year growth

1%
Stock Titan
Feb 25th, 2025
argenx to Present at TD Cowen 45th Annual Healthcare Conference

argenx, a global immunology company focused on improving lives of people with severe autoimmune diseases, has announced that Tim Van Hauwermeiren, Chief Executive Officer, will present at the TD Cowen 45th Annual Healthcare Conference.

Business Wire
Nov 22nd, 2024
OncoVerity Secures Extended Series A to Advance Cusatuzumab in Newly Diagnosed AML

Alongside financing, first patients dosed in OV-AML-1231, a Phase 2 randomized controlled trial of cusatuzumab in newly diagnosed AML

Clinical Trial Vanguard
Nov 20th, 2024
Steritas & Argenx Announce Collaboration to Advance Steroid-Sparing Therapeutics

Steritas LLC, a company focused on improving care for patients treated with steroids, has partnered with global immunology company Argenx.

BioSpace
May 9th, 2024
Argenx Reports First Quarter 2024 Financial Results And Provides Business Update

$398 million in first quarter global net product sales. FDA review ongoing for CIDP sBLA with PDUFA target action date of June 21, 2024. On track to submit filing for pre-filled syringe (PFS) in second quarter 2024

BioSpace
May 2nd, 2024
Argenx To Report First Quarter 2024 Financial Results And Business Update On May 9, 2024

Amsterdam, the Netherlands – argenx (Euronext Nasdaq: ARGX), a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases, today announced that it will host a conference call and audio webcast on Thursday, May 9, 2024 at 2:30 PM CET (8:30 AM ET) to discuss its first quarter 2024 financial results and provide a business update.A webcast of the live call may be accessed on the Investors section of the argenx website at argenx.com/investors. A replay of the webcast will be available on the argenx website for approximately one year following the presentation.Dial-in numbers:Belgium 32 800 50 201. France 33 800 943355. Netherlands 31 20 795 1090

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