HH

Harmony Biosciences Holdings

HRMY
NASDAQHealth Care
$34.46
USD
-0.74(-2.10%)
At close: Jun 12, 20:00 UTC

Open

$34.47

Prev. Close

$34.52

High

$34.54

Low

$34.43

Market Snapshot

Market Cap

$1.99B

P/E Ratio

13.7

EPS

2.56

Revenue

$714.73M

Employees

293

Why HRMY moved

Harmony Biosciences announced positive updates on Pitolisant, enhancing its potential impact in the narcolepsy treatment market and attracting investor interest in the company.

About

Harmony Biosciences Holdings, Inc. is a commercial-stage pharmaceutical company, which engages in the provision of development and commercialization of therapies for the treatment of neurological disorders. The company is headquartered in Plymouth Meeting, Pennsylvania and currently employs 293 full-time employees. The company went IPO on 2020-08-19. The company is focused on developing and commercializing therapies for patients living with rare neurological diseases as well as patients living with other neurological diseases who have unmet medical needs. Its product, WAKIX (pitolisant), is a first-in-class molecule with a novel mechanism of action designed to enhance histamine signaling in the brain by binding to H3 receptors. WAKIX was developed for the treatment of excessive daytime sleepiness (EDS) in pediatric patients, six years and older, with narcolepsy. HBS-102, an investigational compound, which is a melanin-concentrating hormone receptor 1 (MCHR1) antagonist. ZYN002 is an investigational drug product in development for the potential treatment of behavioral symptoms associated with Fragile X syndrome (FXS) and 22q11.2 deletion syndrome (22q). The company also focused on the rare epilepsy franchise in its expanding late-stage pipeline of CNS assets: EPX-100 and EPX-200.

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