argenx SE
XBRU:ARGX

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argenx SE
XBRU:ARGX
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Price: 771 EUR -2.68% Market Closed
Market Cap: 47.5B EUR

argenx SE
Investor Relations

In a landscape where biotechnology companies tirelessly strive to transform scientific insight into therapeutic breakthroughs, argenx SE stands out with its innovative approach to harnessing the body's own immune system to address severe autoimmune diseases. Originating from the biopharmaceutical hubs of Belgium and the Netherlands, argenx was founded in 2008 and has since positioned itself at the forefront of immunology. At the heart of argenx's operations lies its proprietary SIMPLE Antibody™ technology platform, which engineers differentiated therapeutic antibodies. Guided by a deep understanding of disease biology, the company partners closely with academic institutions and leading pharmaceutical companies to transform promising research insights into viable drug candidates.

The company's financial sustenance is woven into its intricate business model, which revolves around the development and commercialization of therapeutic antibodies. Their flagship product, efgartigimod, has made significant strides in treating autoimmune diseases such as generalized myasthenia gravis, showcasing the company's ability to translate its scientific endeavors into substantial revenue streams. Argenx generates income primarily through product sales, milestone payments, and royalties from collaborative partnerships. As the company continues to advance its pipeline and expand its global presence, it demonstrates a robust commitment to addressing unmet medical needs while maintaining a keen eye on sustainable growth and profitability. This delicate balance of innovation and financial acumen allows argenx to reinforce its position in the competitive biotech industry.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 30, 2025
AI Summary
Q3 2025

Record Sales: Argenx reported $1.13 billion in product net sales for Q3 2025, surpassing $1 billion in VYVGART quarterly sales for the first time.

Strong Growth: Product net sales grew 19% quarter-over-quarter and 96% year-over-year, driven by both MG and CIDP indications.

PFS Adoption: The prefilled syringe formulation is a key growth driver, with over half of new starts being new to VYVGART.

Pipeline Progress: Three Phase III assets will enter 2026, and five registrational readouts are expected next year.

Strategic Prioritization: Company halted development in certain indications (dermatomyositis, lupus nephritis) to focus resources on high-value opportunities like Graves' disease.

Expense Outlook: Operating expenses expected to reach $2.6–$2.7 billion for the year, with continued single-digit growth in R&D and SG&A.

Cash Position: Ended the quarter with $4.3 billion in cash, up nearly $1 billion since the start of the year.

Market Expansion: Continued growth expected in both U.S. and international markets, with new launches and label expansions targeted.

Key Financials
Product Net Sales
$1.13 billion
Product Net Sales (U.S.)
$964 million
Product Net Sales (Japan)
$60 million
Product Net Sales (Rest of World)
$94 million
Product Net Sales (China - Zai Lab supply)
$9 million
Operating Expenses
$805 million
Cost of Sales
$109 million
Gross Margin
11%
Operating Profit
$346 million
Financial Income (Quarterly)
$43 million
Profit Before Tax
$386 million
Effective Tax Rate (Year-to-Date)
13%
Profit (Quarter)
$344 million
Profit (Year-to-Date)
$759 million
Cash Balance
$4.3 billion
Earnings Call Recording
Other Earnings Calls

Management

Mr. Timothy Van Hauwermeiren EMBA, M.Sc.
CEO & Executive Director
No Bio Available
Ms. Karen Massey
Chief Operating Officer
No Bio Available
Mr. Filip Borgions
VP & Global Head of Technical Operations
No Bio Available
Mr. Peter Ulrichts
Chief Scientific Officer
No Bio Available
Ms. Beth DelGiacco
VP and Global Head of Corporate Communications & Investor Relations
No Bio Available
Ms. Malini Moorthy
General Counsel
No Bio Available
Mr. Arjen Lemmen M.Sc.
Vice President of Corporate Development & Strategy
No Bio Available
Mr. Marc Schorpion
Global Head of Human Resources
No Bio Available
Ms. Andria Wilk
Global Head of Quality
No Bio Available
Mr. Luc Truyen
Chief Medical Officer
No Bio Available

Contacts

Address
NOORD-BRABANT
Breda
Willemstraat 5
Contacts
+31763030488.0
www.argenx.com