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Xenon Pharmaceuticals Inc. (XENE) Report Analysis

Corporate Events

Positive

Xenon Pharmaceuticals Provides Update on Additi...

2022-06-22 20:01:00

Xenon Pharmaceuticals Inc. announced new, compelling efficacy data supporting the late-stage, Phase 3 development of XEN1101. Summary of New X...

Negative

Xenon Pharmaceuticals Inc. has filed a Follow-o...

2022-06-22 00:00:00

Xenon Pharmaceuticals Inc. has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Security Nam...

Negative

Xenon Pharmaceuticals Inc. has completed a Foll...

2022-06-22 00:00:00

Xenon Pharmaceuticals Inc. has completed a Follow-on Equity Offering in the amount of $249.999988 million. Security Name: Common Shares Se...

Positive

Xenon Pharmaceuticals Announces Positive Outcom...

2022-06-21 11:03:00

Xenon Pharmaceuticals Inc. announced next steps in its clinical program evaluating XEN1101 for the treatment of patients with focal onset seiz...

Neutral

Xenon Pharmaceuticals Inc. has filed a Shelf Re...

2022-06-02 00:00:00

Xenon Pharmaceuticals Inc. has filed a Shelf Registration in the amount of $141.404 million. Security Name: Common Shares Securities Offer...

Neutral

Xenon Pharmaceuticals Inc. Presents at 2022 Jef...

2022-06-01 20:15:00

Xenon Pharmaceuticals Inc. Presents at 2022 Jefferies Global Healthcare Conference, Jun-08-2022 02:30 PM. Venue: Marriott Marquis, New York Ci...

Negative

Xenon Pharmaceuticals Inc. Announces Michael Ha...

2022-06-01 18:30:00

Xenon Pharmaceuticals Inc. announced Michael Hayden, who is not standing for reelection at this meeting. Michael has been instrumental to Xeno...

Neutral

Xenon Pharmaceuticals Inc. to Report Q1, 2022 R...

2022-05-03 20:01:00

Xenon Pharmaceuticals Inc. announced that they will report Q1, 2022 results After-Market on May 10, 2022

Neutral

Xenon Pharmaceuticals Inc., Q1 2022 Earnings Ca...

2022-05-03 20:01:00

Xenon Pharmaceuticals Inc., Q1 2022 Earnings Call, May 10, 2022

Positive

Xenon Pharmaceuticals Announces Initiation of P...

2022-05-03 12:00:00

Xenon Pharmaceuticals Inc. announced the initiation of a Phase 2 randomized, double-blind, placebo-controlled, multicenter clinical study – ca...

Neutral

Xenon Pharmaceuticals Inc. - Shareholder/Analyst Call

2022-04-28 21:30:00

AGM

Neutral

Xenon Pharmaceuticals Inc. Presents at Jefferie...

2022-04-25 20:01:00

Xenon Pharmaceuticals Inc. Presents at Jefferies Biotech on the Bay Summit, Apr-26-2022 . Venue: St. Regis, Bal Harbour, Florida, United States.

Neutral

Xenon Pharmaceuticals Inc. Presents at RBC Capi...

2022-04-25 20:01:00

Xenon Pharmaceuticals Inc. Presents at RBC Capital Markets Global Healthcare Conference, May-18-2022 11:00 AM. Venue: InterContinental New Yor...

Neutral

Xenon Pharmaceuticals Inc. Presents at Bloom Bu...

2022-04-12 19:27:00

Xenon Pharmaceuticals Inc. Presents at Bloom Burton & Co. Healthcare Investor Conference, May-03-2022 11:30 AM. Venue: Metro Toronto Conventio...

Neutral

Xenon Pharmaceuticals Inc. Presents at Needham ...

2022-04-04 20:09:00

Xenon Pharmaceuticals Inc. Presents at Needham 21st Annual Healthcare Conference, Apr-11-2022 10:15 AM. Speakers: Ian C. Mortimer, President, ...

Neutral

Bloom Burton & Co. Inc., Bloom Burton & Co. Hea...

2022-03-31 16:49:00

Bloom Burton & Co. Inc., Bloom Burton & Co. Healthcare Investor Conference, May 02, 2022 through May 03, 2022. Venue: Metro Toronto Convention...

Neutral

Jefferies LLC, Jefferies Biotech on the Bay Sum...

2022-03-25 10:39:00

Jefferies LLC, Jefferies Biotech on the Bay Summit, Apr 26, 2022 through Apr 27, 2022. Venue: St. Regis, Bal Harbour, Florida, United States.

Neutral

Xenon Pharmaceuticals Inc., Annual General Meet...

2022-03-10 21:10:00

Xenon Pharmaceuticals Inc., Annual General Meeting, Jun 01, 2022, at 11:30 Pacific Daylight. Agenda: To receive the financial statements of th...

Neutral

RBC Capital Markets, LLC, RBC Capital Markets G...

2022-03-04 01:06:00

RBC Capital Markets, LLC, RBC Capital Markets Global Healthcare Conference, May 17, 2022 through May 18, 2022. Venue: InterContinental New Yor...

Neutral

Jefferies LLC, 2022 Jefferies Global Healthcare...

2022-02-14 21:00:00

Jefferies LLC, 2022 Jefferies Global Healthcare Conference, Jun 08, 2022 through Jun 10, 2022. Venue: Marriott Marquis, New York City, New Yor...

Neutral

Needham & Company, LLC, Needham 21st Annual Hea...

2022-02-11 23:04:00

Needham & Company, LLC, Needham 21st Annual Healthcare Conference, Apr 11, 2022 through Apr 14, 2022.

Positive

Xenon Pharmaceuticals Presents Additional Posit...

2021-12-03 12:00:00

Xenon Pharmaceuticals Inc. announced that additional positive data from new sub-analyses of the Phase 2b X-TOLE clinical trial will be present...

Neutral

Xenon Pharmaceuticals Inc. - Special Call

2021-12-03 12:00:00

To discuss the X-TOLE results presented at AES 2021

Neutral

Xenon Pharmaceuticals Inc. Presents at Guggenhe...

2021-11-12 13:32:00

Xenon Pharmaceuticals Inc. Presents at Guggenheim’s 3rd Annual Neuro/Immunology Conference, Nov-15-2021 . Speakers: Ian C. Mortimer, President...

Neutral

Xenon Pharmaceuticals Inc. Presents at 12th Ann...

2021-11-12 13:32:00

Xenon Pharmaceuticals Inc. Presents at 12th Annual Jefferies Global Healthcare Conference, Nov-18-2021 03:00 AM. Venue: London, United Kingdom...

Neutral

Xenon Pharmaceuticals Inc. Presents at Stifel 2...

2021-11-12 13:32:00

Xenon Pharmaceuticals Inc. Presents at Stifel 2021 Virtual Healthcare Conference, Nov-17-2021 01:20 PM. Venue: New York, New York, United Stat...

Neutral

Xenon Pharmaceuticals Inc., Q3 2021 Earnings Ca...

2021-11-03 20:01:00

Xenon Pharmaceuticals Inc., Q3 2021 Earnings Call, Nov 10, 2021

Neutral

Xenon Pharmaceuticals Inc. to Report Q3, 2021 R...

2021-11-03 20:01:00

Xenon Pharmaceuticals Inc. announced that they will report Q3, 2021 results After-Market on Nov 10, 2021

Neutral

Guggenheim Securities, LLC, Guggenheim’s 3rd An...

2021-10-08 04:12:00

Guggenheim Securities, LLC, Guggenheim’s 3rd Annual Neuro/Immunology Conference, Nov 15, 2021 through Nov 16, 2021.

Negative

Xenon Pharmaceuticals Inc. has completed a Foll...

2021-10-05 00:00:00

Xenon Pharmaceuticals Inc. has completed a Follow-on Equity Offering in the amount of $299.999845 million. Security Name: Common Shares Se...

Negative

Certain Common Shares of Xenon Pharmaceuticals ...

2021-10-05 00:00:00

Certain Common Shares of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 4-NOV-2021. These Common Shares will be under...

Negative

Certain Options of Xenon Pharmaceuticals Inc. a...

2021-10-05 00:00:00

Certain Options of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 4-NOV-2021. These Options will be under lockup for ...

Negative

Certain Warrants of Xenon Pharmaceuticals Inc....

2021-10-05 00:00:00

Certain Warrants of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 4-NOV-2021. These Warrants will be under lockup ...

Negative

Certain Common Shares of Xenon Pharmaceuticals ...

2021-10-05 00:00:00

Certain Common Shares of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 3-JAN-2022. These Common Shares will be under...

Negative

Certain Options of Xenon Pharmaceuticals Inc. a...

2021-10-05 00:00:00

Certain Options of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 3-JAN-2022. These Options will be under lockup for ...

Negative

Certain Warrants of Xenon Pharmaceuticals Inc....

2021-10-05 00:00:00

Certain Warrants of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 3-JAN-2022. These Warrants will be under lockup ...

Positive

Xenon Pharmaceuticals Announces Positive Toplin...

2021-10-04 11:00:00

Xenon Pharmaceuticals Inc. reported positive topline results from the Phase 2b X-TOLE clinical trial, which evaluated the clinical efficacy, s...

Negative

Xenon Pharmaceuticals Inc. has filed a Follow-o...

2021-10-04 00:00:00

Xenon Pharmaceuticals Inc. has filed a Follow-on Equity Offering in the amount of $250 million. Security Name: Common Shares Security Type...

Neutral

Xenon Pharmaceuticals Inc. has filed a Shelf Re...

2021-10-04 00:00:00

Xenon Pharmaceuticals Inc. has filed a Shelf Registration. Security Name: Common Shares Security Name: Preferred Shares Security Name...

Neutral

Xenon Pharmaceuticals Inc. - Special Call

2021-10-03 20:31:00

To discuss topline results from the XEN1101 Phase 2b “X-TOLE” clinical trial

Positive

Xenon Pharmaceuticals Inc Announces Collaborati...

2021-09-08 12:30:00

Xenon Pharmaceuticals Inc. announced that its collaboration to develop treatments for epilepsy with Neurocrine Biosciences, Inc. achieved a re...

Positive

Xenon Pharmaceuticals Inc. announced that it ex...

2021-09-08 00:00:00

Xenon Pharmaceuticals Inc. announced that it has entered into a share purchase agreement for a private placement of 275,337 common shares at a...

Negative

Xenon Pharmaceuticals Inc. Appoints Christopher...

2021-08-23 12:44:00

Xenon Pharmaceuticals Inc. announced the appointment of Christopher Kenney, M.D. as Chief Medical Officer, effective immediately. Dr. Kenney w...

Neutral

Xenon Pharmaceuticals Inc. Presents at 12th Ann...

2021-08-10 21:53:00

Xenon Pharmaceuticals Inc. Presents at 12th Annual Wedbush PacGrow Healthcare Virtual Conference, Aug-11-2021 11:30 AM. Speakers: Simon N. Pim...

Neutral

Xenon Pharmaceuticals Inc. to Report Q2, 2021 R...

2021-08-04 20:01:00

Xenon Pharmaceuticals Inc. announced that they will report Q2, 2021 results After-Market on Aug 11, 2021

Neutral

Xenon Pharmaceuticals Inc., Q2 2021 Earnings Ca...

2021-08-04 20:01:00

Xenon Pharmaceuticals Inc., Q2 2021 Earnings Call, Aug 11, 2021

Neutral

Xenon Pharmaceuticals Inc. Presents at William ...

2021-07-13 12:45:00

Xenon Pharmaceuticals Inc. Presents at William Blair Biotech Focus Conference 2021, Jul-15-2021 10:00 AM. Speakers: Ian C. Mortimer, President...

Neutral

Stifel, Nicolaus & Company, Incorporated, Stife...

2021-07-08 08:44:00

Stifel, Nicolaus & Company, Incorporated, Stifel 2021 Virtual Healthcare Conference, Nov 15, 2021 through Nov 17, 2021. Venue: New York, New ...

Neutral

Xenon Pharmaceuticals Inc. - Special Call

2021-07-07 12:30:00

To discuss XEN1101, the X-TOLE clinical trial, and the broader focal epilepsy landscape

Positive

Xenon Pharmaceuticals Announces Completion of P...

2021-07-07 12:30:00

Xenon Pharmaceuticals Inc. provided an update on its ongoing XEN1101 Phase 2b “X-TOLE” clinical trial, announcing that randomization of 326 pa...

Neutral

Wedbush Securities Inc., 12th Annual Wedbush Pa...

2021-06-29 20:28:00

Wedbush Securities Inc., 12th Annual Wedbush PacGrow Healthcare Virtual Conference, Aug 10, 2021 through Aug 11, 2021.

Positive

Xenon Pharmaceuticals Provides Update on Additional Positive Data from the XEN1101 Program

2022-06-22 20:01:00

Xenon Pharmaceuticals Inc. announced new, compelling efficacy data supporting the late-stage, Phase 3 development of XEN1101. Summary of New XEN1101 Data from Phase 2b X-TOLE and Ongoing OLE. EN1101 r rapidly reduced focal onset seizure (FOS) frequency witn one week for all doses compared with p placebo. At Week 1, the median percent reduction in monthly focal onset seizure frequency was 55.4% in the 25 mg group (p<0.001), 41.5% in the 20 mg group (p=0.039), and 39.1% in the 10 mg group (p=0.002) compared to 20.2% in the placebo group. Based on the strength of data from this time course to efficacy analysis, a key secondary endpoint in the Phase 3 trials will include the median percent change of weekly FOS at Week 1. Approximately 96% of patients who completed the randomized phase of the XEN1101 Phase 2b X-TOLE study rolled over into the OLE, with 231, 193 and 54 patients having now been treated in the trial for at least 6 months, 12 months, and 2 years, respectively. Seizure frequency continued to improve for the OLE population during the first month after the 8-week double-blind period (DBP), suggesting that the efficacy signal has the potential to persist, and may potentially improve, in the planned 12-week DBP of the XEN1101 Phase 3 trials. Subjects remaining in the X-TOLE OLE for at least 3 months and 12 months experienced a greater than 70% and 80% reduction, respectively, in median monthly seizure frequency when compared to the DBP baseline. 54 (19.6%) and 26 (9.5%) of subjects in the OLE experienced a >=6 and a >=12 consecutive months of seizure freedom, respectively. This analysis uses the denominator of all patients transitioning to the OLE (N=275) even though not all patients have been in the study long enough to be treated for at least 12 months. XEN1101 continues to be generally well-tolerated in the OLE with adverse events (AEs) consistent with other anti-seizure medicines and the X-TOLE double-blind period. There have been no treatment emergent AEs of pigmentary abnormalities reported during the DBP or OLE. As was the case in the DBP, two AEs of urinary retention occurred in the OLE possibly related to study drug; both patients continued in the study without requiring intervention. Weight changes in the OLE were 1.4 +/- 4.5 kg at the 6-month visit and 0.9 +/- 6.2 kg at the 12-month visit.

Negative

Xenon Pharmaceuticals Inc. has filed a Follow-on Equity Offering.

2022-06-22 00:00:00

Xenon Pharmaceuticals Inc. has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Security Name: Pre-funded Warrants Security Type: Equity Warrant

Negative

Xenon Pharmaceuticals Inc. has completed a Follow-on Equity Offering in the amount of $249.999988 million.

2022-06-22 00:00:00

Xenon Pharmaceuticals Inc. has completed a Follow-on Equity Offering in the amount of $249.999988 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 7,868,854 Price\Range: $30.5 Discount Per Security: $1.83 Security Name: Pre-funded Warrants Security Type: Equity Warrant Securities Offered: 327,868 Price\Range: $30.4999 Discount Per Security: $1.83

Positive

Xenon Pharmaceuticals Announces Positive Outcome of End-of-Phase 2 Meeting with the FDA

2022-06-21 11:03:00

Xenon Pharmaceuticals Inc. announced next steps in its clinical program evaluating XEN1101 for the treatment of patients with focal onset seizures (FOS) following the completion of an End-of-Phase 2 (EOP2) meeting with the U.S. Food & Drug Administration (FDA). The outcome of the EOP2 meeting supports the advancement of XEN1101 into Phase 3 clinical development, and Xenon remains on track to initiate the Phase 3 program in the second half of 2022. The EOP2 meeting was supported by nonclinical and clinical data, including results from the previously completed Phase 1 trials and the positive Phase 2b X-TOLE clinical trial evaluating XEN1101 in adult patients with FOS. The X-TOLE topline efficacy data demonstrated that the primary and secondary seizure reduction endpoints were statistically significant across all three dose groups, with p-values of <0.001 for the 20 mg and 25 mg groups, and XEN1101 was generally well tolerated. Based on the EOP2 meeting, Xenon and the FDA aligned on key elements of the Phase 3 program to support a New Drug Application (NDA) submission. Xenon plans to submit an NDA upon completion of the first XEN1101 Phase 3 clinical trial ‘X-TOLE2’, if successful, and use the existing data package from the Phase 2b X-TOLE clinical trial along with additional safety data from other clinical trials to meet regulatory requirements. Additionally, alignment was obtained with the FDA on key elements of a single Phase 3 clinical trial to pursue an additional epilepsy indication of primary generalized tonic clonic seizures (PGTCS). XEN1101 Phase 3 program for the treatment of focal onset seizures to be initiated in the second half of 2022 and New Drug Application expected to be submitted after completion of first Phase 3 clinical trial (X-TOLE2) along with the completed Phase 2b (X-TOLE) clinical trial. Plans to initiate XEN1101 Phase 3 clinical trial (X-ACKT) in an additional epilepsy indication of primary generalized tonic clonic seizures.

Neutral

Xenon Pharmaceuticals Inc. has filed a Shelf Registration in the amount of $141.404 million.

2022-06-02 00:00:00

Xenon Pharmaceuticals Inc. has filed a Shelf Registration in the amount of $141.404 million. Security Name: Common Shares Securities Offered: 5,300,000 Transaction Features: ESOP Related Offering

Neutral

Xenon Pharmaceuticals Inc. Presents at 2022 Jefferies Global Healthcare Conference, Jun-08-2022 02:30 PM

2022-06-01 20:15:00

Xenon Pharmaceuticals Inc. Presents at 2022 Jefferies Global Healthcare Conference, Jun-08-2022 02:30 PM. Venue: Marriott Marquis, New York City, New York, United States. Speakers: Ian C. Mortimer, President, CEO & Director.

Negative

Xenon Pharmaceuticals Inc. Announces Michael Hayden Will Not Stand for Re-Election as Member of Board

2022-06-01 18:30:00

Xenon Pharmaceuticals Inc. announced Michael Hayden, who is not standing for reelection at this meeting. Michael has been instrumental to Xenon's success as a Co-Founder, Chief Scientific Officer for many years and long-standing member of Board. On behalf of the entire Xenon family, I'd like to Michael for his over 25 years of loyalty and dedication to the corporation.

Neutral

Xenon Pharmaceuticals Inc. to Report Q1, 2022 Results on May 10, 2022

2022-05-03 20:01:00

Xenon Pharmaceuticals Inc. announced that they will report Q1, 2022 results After-Market on May 10, 2022

Neutral

Xenon Pharmaceuticals Inc., Q1 2022 Earnings Call, May 10, 2022

2022-05-03 20:01:00

Xenon Pharmaceuticals Inc., Q1 2022 Earnings Call, May 10, 2022

Positive

Xenon Pharmaceuticals Announces Initiation of Phase 2 Clinical Trial to Evaluate XEN1101 as Treatment for Major Depressive Disorder

2022-05-03 12:00:00

Xenon Pharmaceuticals Inc. announced the initiation of a Phase 2 randomized, double-blind, placebo-controlled, multicenter clinical study – called the “X-NOVA” clinical trial – to evaluate the safety, tolerability, and efficacy of XEN1101 in Major Depressive Disorder (MDD). Based on promising pre-clinical data with XEN1101 and published clinical data generated from both an open-label study and a randomized, placebo-controlled clinical trial that explored the targeting of KCNQ channels as a treatment for MDD using ezogabine, Xenon is evaluating the efficacy, safety and tolerability of XEN1101 for the treatment of MDD in a Phase 2 randomized, double-blind, placebo-controlled, multicenter clinical study – called the “X-NOVA” clinical trial. Following a 4-week screening period, approximately 150 subjects with MDD will be randomized (on a 1:1:1 basis) to three arms for once-daily dosing of XEN1101 (10 mg), XEN1101 (20 mg) or placebo for 6 weeks. The primary objective is to assess the efficacy of 10 mg and 20 mg doses of XEN1101 compared to placebo on improvement of depressive symptoms in subjects diagnosed with moderate to severe MDD, using the Montgomery-Åsberg Depression Rating Scale (MADRS) score change through week six. Secondary endpoints include improvement of anhedonia symptoms assessed by the Snaith-Hamilton Pleasure Scale (SHAPS) score change through week six, as well as improvement of anxiety symptoms measured by the Beck Anxiety Inventory (BAI) score change through week six. Topline results from the X-NOVA study are anticipated in 2023. Xenon is collaborating with the Icahn School of Medicine at Mount Sinai to conduct an ongoing investigator-sponsored Phase 2 proof-of-concept, randomized, parallel-arm, placebo-controlled multi-site study of XEN1101 for the treatment of MDD in approximately 60 subjects. The primary objective of the study is to investigate the effect of XEN1101 on the brain reward circuit as measured by the change in bilateral ventral striatum activity as assessed by functional MRI (fMRI). The secondary objectives are to test the effect of XEN1101 compared to placebo on clinical measures of depression and anhedonia using the MADRS and SHAPS scales.

Neutral

Xenon Pharmaceuticals Inc. - Shareholder/Analyst Call

2022-04-28 21:30:00

AGM

Neutral

Xenon Pharmaceuticals Inc. Presents at Jefferies Biotech on the Bay Summit, Apr-26-2022

2022-04-25 20:01:00

Xenon Pharmaceuticals Inc. Presents at Jefferies Biotech on the Bay Summit, Apr-26-2022 . Venue: St. Regis, Bal Harbour, Florida, United States.

Neutral

Xenon Pharmaceuticals Inc. Presents at RBC Capital Markets Global Healthcare Conference, May-18-2022 11:00 AM

2022-04-25 20:01:00

Xenon Pharmaceuticals Inc. Presents at RBC Capital Markets Global Healthcare Conference, May-18-2022 11:00 AM. Venue: InterContinental New York, Barclay hotel, New York, New York, United States.

Neutral

Xenon Pharmaceuticals Inc. Presents at Bloom Burton & Co. Healthcare Investor Conference, May-03-2022 11:30 AM

2022-04-12 19:27:00

Xenon Pharmaceuticals Inc. Presents at Bloom Burton & Co. Healthcare Investor Conference, May-03-2022 11:30 AM. Venue: Metro Toronto Convention Centre, 255 Front St W, Toronto, Ontario, Canada.

Neutral

Xenon Pharmaceuticals Inc. Presents at Needham 21st Annual Healthcare Conference, Apr-11-2022 10:15 AM

2022-04-04 20:09:00

Xenon Pharmaceuticals Inc. Presents at Needham 21st Annual Healthcare Conference, Apr-11-2022 10:15 AM. Speakers: Ian C. Mortimer, President, CEO & Director, Sherry Aulin, Chief Financial Officer.

Neutral

Bloom Burton & Co. Inc., Bloom Burton & Co. Healthcare Investor Conference, May 02, 2022 through May 03, 2022

2022-03-31 16:49:00

Bloom Burton & Co. Inc., Bloom Burton & Co. Healthcare Investor Conference, May 02, 2022 through May 03, 2022. Venue: Metro Toronto Convention Centre, 255 Front St W, Toronto, Ontario, Canada. To provide investors the opportunity to hear about the latest developments in the Canadian healthcare industry.

Neutral

Jefferies LLC, Jefferies Biotech on the Bay Summit, Apr 26, 2022 through Apr 27, 2022

2022-03-25 10:39:00

Jefferies LLC, Jefferies Biotech on the Bay Summit, Apr 26, 2022 through Apr 27, 2022. Venue: St. Regis, Bal Harbour, Florida, United States.

Neutral

Xenon Pharmaceuticals Inc., Annual General Meeting, Jun 01, 2022

2022-03-10 21:10:00

Xenon Pharmaceuticals Inc., Annual General Meeting, Jun 01, 2022, at 11:30 Pacific Daylight. Agenda: To receive the financial statements of the Corporation for the financial year ended December 31, 2021 and the report of the Corporation's auditor thereon;to elect as directors of the Corporation the eight nominees named in the accompanying Proxy Statement and Management Information Circular to hold office until the next annual meeting of the Corporation or until their successors are duly elected;to approve, on an advisory basis, the compensation of the Corporation's named executive officers;to approve an amendment to the Corporation's Amended and Restated 2014 Equity Incentive Plan to increase the maximum number of common shares of the Corporation ("Common Shares") issuable thereunder by 5,300,000; and to consider other matters.

Neutral

RBC Capital Markets, LLC, RBC Capital Markets Global Healthcare Conference, May 17, 2022 through May 18, 2022

2022-03-04 01:06:00

RBC Capital Markets, LLC, RBC Capital Markets Global Healthcare Conference, May 17, 2022 through May 18, 2022. Venue: InterContinental New York, Barclay hotel, New York, New York, United States.

Neutral

Jefferies LLC, 2022 Jefferies Global Healthcare Conference, Jun 08, 2022 through Jun 10, 2022

2022-02-14 21:00:00

Jefferies LLC, 2022 Jefferies Global Healthcare Conference, Jun 08, 2022 through Jun 10, 2022. Venue: Marriott Marquis, New York City, New York, United States.

Neutral

Needham & Company, LLC, Needham 21st Annual Healthcare Conference, Apr 11, 2022 through Apr 14, 2022

2022-02-11 23:04:00

Needham & Company, LLC, Needham 21st Annual Healthcare Conference, Apr 11, 2022 through Apr 14, 2022.

Positive

Xenon Pharmaceuticals Presents Additional Positive Data from Phase 2b ‘X-TOLE’ Clinical Trial at the Annual Meeting of the American Epilepsy Society

2021-12-03 12:00:00

Xenon Pharmaceuticals Inc. announced that additional positive data from new sub-analyses of the Phase 2b X-TOLE clinical trial will be presented in a scientific poster entitled “Phase 2b Efficacy and Safety of XEN1101, a Novel Potassium Channel Modulator, In Adults With Focal Epilepsy (X-TOLE)” and at a Xenon-sponsored scientific symposium at the Annual Meeting of the American Epilepsy Society (AES 2021). On October 4, 2021, Xenon announced that the X-TOLE trial had met its primary efficacy endpoint with XEN1101 demonstrating a statistically significant and dose-dependent reduction from baseline in monthly (defined as 28 days) focal seizure frequency when compared to placebo (monotonic dose response; p<0.001). Primary and secondary measures in the topline data set included a pairwise comparison of each active dose to placebo and a responder analysis with the proportion of patients who achieved a 50% or greater reduction in monthly focal seizure frequency from baseline. In addition to the topline data, additional sub-analyses have been completed and are being presented at AES 2021. These new analyses include the proportion of patients with at least a 75% reduction in monthly focal seizure frequency from baseline along with the proportion of patients who achieved 100% reduction in monthly seizure frequency from baseline. Efficacy results are summarized in the following table; all p-values are 2-sided comparing the active dose to placebo for the pre-specified primary and secondary seizure reduction endpoints: Additional sub-analyses were performed in patients with different baseline characteristics given that X-TOLE included a “difficult-to-treat” patient population as defined by the number of prior failed anti-seizure medications (ASMs), concomitant ASMs on study, and baseline seizure burden. The table below outlines a sub-group analyses of median percent reduction in seizures within the 25 mg dose group, showing that there was a significant increase in seizure reduction in patients with less disease severity at baseline: Highlights of X-TOLE Efficacy Results: The monotonic dose response relationship between the XEN1101 active dose groups compared to placebo was statistically significant (p<0.001). These data demonstrated a highly statistically significant dose-response relationship for XEN1101 in the adjunctive treatment of focal seizures in adult patients with a history of difficult-to-treat seizures. XEN1101 demonstrated a statistically significant reduction from baseline in monthly focal seizure frequency in pairwise comparisons to placebo for all three XEN1101 doses. The median percent reduction in monthly focal seizure frequency was 52.8% in the XEN1101 25 mg group, 46.4% in the XEN1101 20 mg group, and 33.2% in the XEN1101 10 mg group compared to 18.2% in the placebo group. Statistical significance was achieved for all dose groups compared to placebo with 2-sided p-values of p<0.001 for 25 mg vs. placebo, p<0.001 for 20 mg vs. placebo, and p=0.035 for 10 mg vs. placebo. A pre-specified secondary endpoint of the study was a responder analysis, which compared the proportion of study subjects treated with XEN1101 who achieved a =50% reduction in monthly focal seizures versus placebo. The percentage of subjects who achieved a >50% reduction in monthly focal seizures was 54.5% in the XEN1101 25 mg group, 43.1% in the XEN1101 20 mg group, and 28.3% in the XEN1101 10 mg group compared to 14.9% in the placebo group. Statistical significance was achieved for all dose groups compared to placebo with 2-sided p-values of p<0.001 for 25 mg vs. placebo, p<0.001 for 20 mg vs. placebo, and p=0.037 for 10 mg vs placebo. These marked reductions in seizures were associated with statistically significant improvements in overall status, as assessed by physicians using the Clinical Global Impression of Change (CGI-C) and by subject self-reporting using the Patient Global Impression of Change (PGI-C) scales in the XEN1101 25 mg group, which are shown in the table below with 2-sided p-values: The XEN1101 25 mg group was statistically significant in CGI-C and PGI-C, and the XEN1101 20 mg group was statistically significant in PGI-C, while the XEN1101 20 mg group in CGI-C and the XEN1101 10 mg group for both CGI-C and PGI-C showed numerical improvements over placebo but were not statistically significant. In addition to the pre-specified primary and secondary analyses, other exploratory and sub-group analyses have been completed that show increased seizure reduction in those patients with less disease severity as measured by the number of prior failed ASMs, number of concomitant ASMs on study, and baseline seizure burden. In addition, an analysis of seizure reduction across seizure subtypes showed a median percent reduction in monthly focal seizure frequency of 86.9% in ‘type 4’ focal seizures that lead to generalized tonic-clonic seizures in the 25 mg dose group. A time-to-event analysis analyzing the time to reach the baseline monthly focal seizure count during the double-blind period showed a marked dose-dependent decrease in the rate of seizure recurrence when comparing XEN1101 to placebo. Highlights of X-TOLE Safety Results: XEN1101 was generally well-tolerated in this study with adverse events (AEs) consistent with other ASMs. The incidence of treatment-emergent adverse events (TEAEs) was higher in the treatment groups as compared to the placebo group, with 62.3% of patients in the placebo group, 67.4% of patients in the XEN1101 10 mg group, 68.6% of patients in the XEN1101 20 mg group, and 85.1% of patients in the XEN1101 25 mg group experiencing at least one TEAE. TEAEs greater than or equal to 5% in all treatment arms were attributed to nervous system disorders; psychiatric disorders; general disorders; gastrointestinal disorders; eye disorders; and infections, with the majority related to the central nervous system, mild or moderate in severity and occurring early in the treatment period. Across all XEN1101 dose groups (n=211), the most common TEAEs were dizziness (n=52, 24.6%), somnolence (n=33, 15.6%), fatigue (n=23, 10.9%), and headache (n=21, 10.0%). The breakdown of subjects with dizziness across dose groups including placebo is as follows: 8 subjects (7.0%) in the placebo group, 3 subjects (6.5%) in the 10 mg group, 13 subjects (25.5%) in the 20 mg group, and 36 subjects (31.6%) in the 25 mg group.

Neutral

Xenon Pharmaceuticals Inc. - Special Call

2021-12-03 12:00:00

To discuss the X-TOLE results presented at AES 2021

Neutral

Xenon Pharmaceuticals Inc. Presents at Guggenheim’s 3rd Annual Neuro/Immunology Conference, Nov-15-2021

2021-11-12 13:32:00

Xenon Pharmaceuticals Inc. Presents at Guggenheim’s 3rd Annual Neuro/Immunology Conference, Nov-15-2021 . Speakers: Ian C. Mortimer, President, CEO & Director, Sherry Aulin, Chief Financial Officer.

Neutral

Xenon Pharmaceuticals Inc. Presents at 12th Annual Jefferies Global Healthcare Conference, Nov-18-2021 03:00 AM

2021-11-12 13:32:00

Xenon Pharmaceuticals Inc. Presents at 12th Annual Jefferies Global Healthcare Conference, Nov-18-2021 03:00 AM. Venue: London, United Kingdom. Speakers: Ian C. Mortimer, President, CEO & Director, Sherry Aulin, Chief Financial Officer.

Neutral

Xenon Pharmaceuticals Inc. Presents at Stifel 2021 Virtual Healthcare Conference, Nov-17-2021 01:20 PM

2021-11-12 13:32:00

Xenon Pharmaceuticals Inc. Presents at Stifel 2021 Virtual Healthcare Conference, Nov-17-2021 01:20 PM. Venue: New York, New York, United States. Speakers: Ian C. Mortimer, President, CEO & Director, Sherry Aulin, Chief Financial Officer.

Neutral

Xenon Pharmaceuticals Inc., Q3 2021 Earnings Call, Nov 10, 2021

2021-11-03 20:01:00

Xenon Pharmaceuticals Inc., Q3 2021 Earnings Call, Nov 10, 2021

Neutral

Xenon Pharmaceuticals Inc. to Report Q3, 2021 Results on Nov 10, 2021

2021-11-03 20:01:00

Xenon Pharmaceuticals Inc. announced that they will report Q3, 2021 results After-Market on Nov 10, 2021

Neutral

Guggenheim Securities, LLC, Guggenheim’s 3rd Annual Neuro/Immunology Conference, Nov 15, 2021 through Nov 16, 2021

2021-10-08 04:12:00

Guggenheim Securities, LLC, Guggenheim’s 3rd Annual Neuro/Immunology Conference, Nov 15, 2021 through Nov 16, 2021.

Negative

Xenon Pharmaceuticals Inc. has completed a Follow-on Equity Offering in the amount of $299.999845 million.

2021-10-05 00:00:00

Xenon Pharmaceuticals Inc. has completed a Follow-on Equity Offering in the amount of $299.999845 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 8,474,577 Price\Range: $29.5 Discount Per Security: $1.77 Security Name: Pre-Funded Warrants Security Type: Equity Warrant Securities Offered: 1,694,915 Price\Range: $29.4999 Discount Per Security: $1.77

Negative

Certain Common Shares of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 4-NOV-2021.

2021-10-05 00:00:00

Certain Common Shares of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 4-NOV-2021. These Common Shares will be under lockup for 30 days starting from 5-OCT-2021 to 4-NOV-2021. Details: The executive officers and directors have agreed that they will not offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, any shares of common stock or securities convertible into or exchangeable or exercisable for any shares of common stock, for a period of 60 days after the date of the final prospectus supplement without the prior written consent of Leerink Partners LLC.

Negative

Certain Options of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 4-NOV-2021.

2021-10-05 00:00:00

Certain Options of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 4-NOV-2021. These Options will be under lockup for 30 days starting from 5-OCT-2021 to 4-NOV-2021. Details: The executive officers and directors have agreed that they will not offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, any shares of common stock or securities convertible into or exchangeable or exercisable for any shares of common stock, for a period of 60 days after the date of the final prospectus supplement without the prior written consent of Leerink Partners LLC.

Negative

Certain Warrants of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 4-NOV-2021.

2021-10-05 00:00:00

Certain Warrants of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 4-NOV-2021. These Warrants will be under lockup for 30 days starting from 5-OCT-2021 to 4-NOV-2021. Details: The executive officers and directors have agreed that they will not offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, any shares of common stock or securities convertible into or exchangeable or exercisable for any shares of common stock, for a period of 60 days after the date of the final prospectus supplement without the prior written consent of Leerink Partners LLC.

Negative

Certain Common Shares of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 3-JAN-2022.

2021-10-05 00:00:00

Certain Common Shares of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 3-JAN-2022. These Common Shares will be under lockup for 90 days starting from 5-OCT-2021 to 3-JAN-2022. Details: The executive officers and directors have agreed that they will not offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, any shares of common stock or securities convertible into or exchangeable or exercisable for any shares of common stock, for a period of 60 days after the date of the final prospectus supplement without the prior written consent of Leerink Partners LLC.

Negative

Certain Options of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 3-JAN-2022.

2021-10-05 00:00:00

Certain Options of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 3-JAN-2022. These Options will be under lockup for 90 days starting from 5-OCT-2021 to 3-JAN-2022. Details: The executive officers and directors have agreed that they will not offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, any shares of common stock or securities convertible into or exchangeable or exercisable for any shares of common stock, for a period of 60 days after the date of the final prospectus supplement without the prior written consent of Leerink Partners LLC.

Negative

Certain Warrants of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 3-JAN-2022.

2021-10-05 00:00:00

Certain Warrants of Xenon Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 3-JAN-2022. These Warrants will be under lockup for 90 days starting from 5-OCT-2021 to 3-JAN-2022. Details: The executive officers and directors have agreed that they will not offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, any shares of common stock or securities convertible into or exchangeable or exercisable for any shares of common stock, for a period of 60 days after the date of the final prospectus supplement without the prior written consent of Leerink Partners LLC.

Positive

Xenon Pharmaceuticals Announces Positive Topline Results from Phase 2b ‘X-TOLE’ Clinical Trial of XEN1101 for the Treatment of Focal Epilepsy

2021-10-04 11:00:00

Xenon Pharmaceuticals Inc. reported positive topline results from the Phase 2b X-TOLE clinical trial, which evaluated the clinical efficacy, safety, and tolerability of XEN1101 – a differentiated Kv7 potassium channel modulator – administered as adjunctive treatment in adult patients with focal epilepsy. The trial met its primary efficacy endpoint with XEN1101 demonstrating a statistically significant and dose-dependent reduction from baseline in monthly (defined as 28 days) focal seizure frequency when compared to placebo (monotonic dose response; p<0.001). Additional primary and secondary measures included a pairwise comparison of each active dose to placebo and a responder analysis with the proportion of patients who achieved a 50% or greater reduction in monthly focal seizure frequency from baseline. These results are shown in the following table; all p-values are 2-sided comparing the active dose to placebo: Summary of Results: Key Efficacy Findings: The primary objective of the study was to assess the dose response trend of XEN1101 in reducing monthly focal seizure frequency, based on a ranked ANCOVA model. The median percent reduction in monthly focal seizure frequency was 52.8% in the XEN1101 25 mg group, 46.4% in the XEN1101 20 mg group, and 33.2% in the XEN1101 10 mg group compared to 18.2% in the placebo group. The monotonic dose response relationship between the XEN1101 active dose groups compared to placebo was statistically significant (p<0.001). These data demonstrated a highly statistically significant dose-response relationship for XEN1101 in the adjunctive treatment of focal seizures in adult patients with a history of difficult-to-treat seizures. In addition, XEN1101 demonstrated a statistically significant reduction from baseline in monthly focal seizure frequency in pairwise comparisons to placebo for all three XEN1101 doses. The median percent reduction in monthly focal seizure frequency was 52.8% in the XEN1101 25 mg group, 46.4% in the XEN1101 20 mg group, and 33.2% in the XEN1101 10 mg group compared to 18.2% in the placebo group. Statistical significance was achieved for all dose groups compared to placebo with 2-sided p-values of p<0.001 for 25 mg vs. placebo, p<0.001 for 20 mg vs. placebo, and p=0.035 for 10 mg vs. placebo. A key secondary endpoint of the study was a responder analysis, which compared the proportion of study subjects treated with XEN1101 who achieved a =50% reduction in monthly focal seizures versus placebo. The percentage of subjects who achieved a >50% reduction in monthly focal seizures was 54.5% in the XEN1101 25 mg group, 43.1% in the XEN1101 20 mg group, and 28.3% in the XEN1101 10 mg group compared to 14.9% in the placebo group. Statistical significance was achieved for all dose groups compared to placebo with 2-sided p-values of p<0.001 for 25 mg vs. placebo, p<0.001 for 20 mg vs. placebo, and p=0.037 for 10 mg vs placebo. These marked reductions in seizures were associated with statistically significant improvements in overall status, as assessed by physicians using the Clinical Global Impression of Change (CGI-C) and by subject self-reporting using the Patient Global Impression of Change (PGI-C) scales in the XEN1101 25 mg group, which are shown in the table below with 2-sided p-values: Key Safety and Tolerability Findings: XEN1101 was generally well-tolerated in this study with adverse events (AEs) consistent with other ASMs. The incidence of treatment-emergent adverse events (TEAEs) was higher in the treatment groups as compared to the placebo group, with 62.3% of patients in the placebo group, 67.4% of patients in the XEN1101 10 mg group, 68.6% of patients in the XEN1101 20 mg group, and 85.1% of patients in the XEN1101 25 mg group experiencing at least one TEAE. The most common TEAEs across all XEN1101 dose groups (n=211) were dizziness (n=52, 24.6%), somnolence (n=33, 15.6%), fatigue (n=23, 10.9%), and headache (n=21, 10.0%). Two TEAEs of urinary retention were reported in the active treatment groups, one of which required a dose reduction, and both subjects remained on drug with no other changes or intervention. Electrocardiogram (ECG) interval changes were infrequent and evenly balanced between placebo and active treatment groups. There have been no TEAEs of pigmentary abnormalities reported during the double-blind phase of the study or in preliminary analysis during the ongoing open-label extension to date with approximately 70 subjects now treated more than 12 months. The incidence of treatment-emergent serious adverse events (SAEs) was similar in all four arms of the study with 2.6% of patients in the placebo group, 4.3% of patients in the XEN1101 10 mg group, 3.9% of patients in the XEN1101 20 mg group, and 2.6% of patients in the XEN1101 25 mg group experiencing at least one treatment-emergent SAE. There were 3.5% of subjects in the placebo group, 2.2% of subjects in the XEN1101 10 mg group, 13.7% of subjects in the XEN1101 20 mg group, and 15.8% of subjects in the XEN1101 25 mg group that had an AE leading to treatment discontinuation.

Negative

Xenon Pharmaceuticals Inc. has filed a Follow-on Equity Offering in the amount of $250 million.

2021-10-04 00:00:00

Xenon Pharmaceuticals Inc. has filed a Follow-on Equity Offering in the amount of $250 million. Security Name: Common Shares Security Type: Common Stock

Neutral

Xenon Pharmaceuticals Inc. has filed a Shelf Registration.

2021-10-04 00:00:00

Xenon Pharmaceuticals Inc. has filed a Shelf Registration. Security Name: Common Shares Security Name: Preferred Shares Security Name: Warrants Security Name: Units Transaction Features: Omnibus/Universal Shelf Registration

Neutral

Xenon Pharmaceuticals Inc. - Special Call

2021-10-03 20:31:00

To discuss topline results from the XEN1101 Phase 2b “X-TOLE” clinical trial

Positive

Xenon Pharmaceuticals Inc Announces Collaboration to Develop Treatments for Epilepsy with Neurocrine Biosciences, Inc

2021-09-08 12:30:00

Xenon Pharmaceuticals Inc. announced that its collaboration to develop treatments for epilepsy with Neurocrine Biosciences, Inc. achieved a regulatory milestone with the approval of a clinical trial application (CTA) in Europe, triggering an aggregate payment of $10.0 million to Xenon. Xenon has an ongoing collaboration with Neurocrine Biosciences to develop treatments for epilepsy. Neurocrine Biosciences has an exclusive license to XEN901, now known as NBI-921352, a clinical stage selective Nav1.6 sodium channel inhibitor with potential in SCN8A developmental and epileptic encephalopathy (SCN8A-DEE) and other forms of epilepsy. The FDA has provided feedback on an Investigational New Drug (IND) application submitted by Neurocrine Biosciences in support of a Phase 2 clinical trial in SCN8A-DEE patients. Based on this feedback, Neurocrine Biosciences anticipates initiating a Phase 2 clinical trial in adolescent patients (aged 12 years and older) with SCN8A-DEE in the second half of 2021, and the trial protocol will be amended to include younger pediatric patients (aged 2-11 years) with SCN8A-DEE as soon as the FDA has reviewed and approved additional non-clinical information. Upon FDA acceptance of a protocol amendment for NBI-921352 in pediatric patients (aged 2-11 years) with SCN8A-DEE, Xenon is eligible to receive an aggregate payment of $15.0 million in the form of 45% cash and a 55% equity investment in Xenon at a 15% premium to Xenon’s 30-day trailing volume weighted average price at that time. In parallel, Neurocrine Biosciences is advancing clinical plans to develop NBI-921352 for the treatment of focal-onset seizures in adults and expects to initiate a Phase 2 clinical trial in 2021.

Positive

Xenon Pharmaceuticals Inc. announced that it expects to receive $5.499994 million in funding from Neurocrine Biosciences, Inc.

2021-09-08 00:00:00

Xenon Pharmaceuticals Inc. announced that it has entered into a share purchase agreement for a private placement of 275,337 common shares at a price of $19.9755 per share for gross proceeds of approximately $5,499,994 on September 8, 2021. The transaction will include participation from Neurocrine Biosciences, Inc. The purchase price represents a 15% premium to the company’s 30-day volume-weighted average price immediately prior to the public announcement of the clinical trial application approval. The shares are subject to lock-up restriction.

Negative

Xenon Pharmaceuticals Inc. Appoints Christopher Kenney, M.D. as Chief Medical Officer

2021-08-23 12:44:00

Xenon Pharmaceuticals Inc. announced the appointment of Christopher Kenney, M.D. as Chief Medical Officer, effective immediately. Dr. Kenney will oversee all clinical development and medical affairs strategies, guiding the development of Xenon's portfolio of neurology-focused therapeutic programs. Dr. Christopher Kenney is a board-certified neurologist with extensive clinical research experience within neuroscience in both industry and academic roles spanning more than 20 years. Most recently, Dr. Kenney served as Chief Medical Officer at Cadent Therapeutics, a biotech company focused on creating breakthrough therapies for neurological and psychiatric conditions, from 2019 until December 2020 when it was acquired by Novartis.

Neutral

Xenon Pharmaceuticals Inc. Presents at 12th Annual Wedbush PacGrow Healthcare Virtual Conference, Aug-11-2021 11:30 AM

2021-08-10 21:53:00

Xenon Pharmaceuticals Inc. Presents at 12th Annual Wedbush PacGrow Healthcare Virtual Conference, Aug-11-2021 11:30 AM. Speakers: Simon N. Pimstone, Executive Chairman.

Neutral

Xenon Pharmaceuticals Inc. to Report Q2, 2021 Results on Aug 11, 2021

2021-08-04 20:01:00

Xenon Pharmaceuticals Inc. announced that they will report Q2, 2021 results After-Market on Aug 11, 2021

Neutral

Xenon Pharmaceuticals Inc., Q2 2021 Earnings Call, Aug 11, 2021

2021-08-04 20:01:00

Xenon Pharmaceuticals Inc., Q2 2021 Earnings Call, Aug 11, 2021

Neutral

Xenon Pharmaceuticals Inc. Presents at William Blair Biotech Focus Conference 2021, Jul-15-2021 10:00 AM

2021-07-13 12:45:00

Xenon Pharmaceuticals Inc. Presents at William Blair Biotech Focus Conference 2021, Jul-15-2021 10:00 AM. Speakers: Ian C. Mortimer, President, CEO & Director.

Neutral

Stifel, Nicolaus & Company, Incorporated, Stifel 2021 Virtual Healthcare Conference, Nov 15, 2021 through Nov 17, 2021

2021-07-08 08:44:00

Stifel, Nicolaus & Company, Incorporated, Stifel 2021 Virtual Healthcare Conference, Nov 15, 2021 through Nov 17, 2021. Venue: New York, New York, United States.

Neutral

Xenon Pharmaceuticals Inc. - Special Call

2021-07-07 12:30:00

To discuss XEN1101, the X-TOLE clinical trial, and the broader focal epilepsy landscape

Positive

Xenon Pharmaceuticals Announces Completion of Patient Randomization in XEN1101 Phase 2b “X-TOLE” Clinical Trial

2021-07-07 12:30:00

Xenon Pharmaceuticals Inc. provided an update on its ongoing XEN1101 Phase 2b “X-TOLE” clinical trial, announcing that randomization of 326 patients was completed in late June. Based on completion of patient randomization, Xenon anticipates topline results from the Phase 2b X-TOLE clinical trial in late September to mid-October 2021.

Neutral

Wedbush Securities Inc., 12th Annual Wedbush PacGrow Healthcare Virtual Conference, Aug 10, 2021 through Aug 11, 2021

2021-06-29 20:28:00

Wedbush Securities Inc., 12th Annual Wedbush PacGrow Healthcare Virtual Conference, Aug 10, 2021 through Aug 11, 2021.

Fundamental Summary

Xenon Pharmaceuticals published its Q1 report on 2022-05-10 with positive results, but no significant factors particularly remarkable relative to its peers. The company's growth, value, and income factors all individually appear positive and give support for optimism regarding the likelihood of continued positive performance. We gave Xenon Pharmaceuticals a 64 rating and a HOLD recommendation.

Xenon Pharmaceuticals reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 8.77 million compared to USD 4.36 million a year ago. Net loss was USD 19.67 million compared to USD 15.76 million a year ago.

Business Description

Xenon Pharmaceuticals, a clinical-stage biopharmaceutical company, engages in developing therapeutics to treat patients with neurological disorders in Canada. Its clinical development pipeline includes XEN496, A Kv7 potassium channel opener that is Phase III clinical trials for the treatment of KCNQ2 developmental and epilepsy encephalopathy; and XEN1101, A Kv7 potassium channel opener, which is in Phase II clinical trial for the treatment of epilepsy and other neurological disorders. The company’s product candidates also comprise NBI-921352, a selective Nav1.6 sodium channel inhibitor that is in Phase II clinical trials for the treatment of SCN8A developmental and epileptic encephalopathy, and other potential indications, including adult focal epilepsy; and XEN007, A central nervous system-acting calcium channel modulator, which is in Phase II clinical trials. It has a license and collaboration agreement with the Neurocrine Biosciences, Inc. to develop treatments for epilepsy; and with Flexion Therapeutics, Inc. to develop PCRX301 (XEN402, a Nav1.7 inhibitor) for the treatment of post-operative pain. Xenon Pharmaceuticals was incorporated in 1996 and is headquartered in Burnaby, Canada.

Sector Overview

Xenon Pharmaceuticals is included in the Biotechnology according to GICS (global industry classification standard). The Biotechnology industry, which is part of the Health Care sector, includes companies primarily engaged in R&D, manufacturing, and/or marketing of products based on genetic analysis and genetic engineering. Xenon Pharmaceuticals's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 558.1 -2.4% 69
Liabilities 16.2 -26.2% 48
Price to Book 3.0 1.5% 70
Cash & Equivalents 116.5 -33.7% 45
Equity 541.9 -1.5% 53
EBITDA -77.8 -1.3% 65
Total Revenues 22.8 23.9% 41
Parameter Value Change Score
Return on Equity -20.2 7.5% 59
Net Cashflow 28.6 -78.1% 82
Capital Expenditure -1.9 9.4% 87
Asset Turnover 0.1 11.1% 92
Free Cashflow -1.3 4.2% 77

* All values are TTM

The below chart reflects Xenon Pharmaceuticals's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Xenon Pharmaceuticals's peer average final assessment score stands on 60.0, Xenon Pharmaceuticals's score is 64.

  •  XENE
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
Amicus Therapeutics, Inc. 3.0B 56 58 85
Hold
61
61 0 1
CureVac N.V. 2.6B 57 74 90
Hold
70
70 1 1
Fate Therapeutics, Inc. 2.4B 53 46 61
Underperform
45
45 2 1
Abgenix Inc. 2.1B 67 47 58
Underperform
45
45 3 1
Iovance Biotherapeutics, Inc. 1.7B 63 71 77
Hold
68
68 4 1
Xencor, Inc. 1.6B 67 79 98
Buy
82
82 5 1
Ligand Pharmaceuticals Incorporated 1.5B 56 69 84
Hold
65
65 6 1
Aurinia Pharmaceuticals Inc. 1.4B 52 70 84
Hold
62
62 7 1
Veracyte, Inc. 1.4B 57 55 82
Underperform
59
59 8 1
Sierra Oncology, Inc. 1.3B 80 61 52
Hold
68
68 9 1
CareDx, Inc 1.2B 52 50 86
Underperform
54
54 10 1
MannKind Corporation 957.2M 57 61 66
Underperform
56
56 11 1
Merus N.V. 941.6M 70 54 71
Hold
64
64 12 1
Amarin Corporation plc 734.5M 55 63 55
Underperform
52
52 13 1
Vanda Pharmaceuticals Inc. 598.8M 64 62 69
Hold
62
62 14 1
Eagle Pharmaceuticals, Inc. 546.4M 75 78 73
Buy
79
79 15 1
Radius Health, Inc. 499.8M 54 82 57
Hold
61
61 16 1
Affimed N.V. 415.0M 54 66 74
Underperform
59
59 17 1
ADMA Biologics, Inc. 396.6M 68 57 71
Hold
64
64 18 1
AC Immune SA 299.8M 68 70 68
Hold
68
68 19 1
Sutro Biopharma, Inc. 245.5M 61 56 74
Underperform
59
59 20 1
Chimerix, Inc. 178.4M 49 65 83
Underperform
58
58 21 1
Brooklyn ImmunoTherapeutics, Inc. 31.8M 49 61 58
Underperform
56
56 22 1
Amgen Inc. 130.1B 69 78 81
Hold
77
77 23 1
Gilead Sciences, Inc. 78.0B 57 73 62
Underperform
60
60 24 1
Vertex Pharmaceuticals Incorporated 70.6B 78 75 71
Buy
79
79 25 1
Regeneron Pharmaceuticals, Inc. 64.0B 67 74 73
Hold
72
72 26 1
BioNTech SE 34.0B 75 79 72
Buy
79
79 27 1
Seagen Inc. 32.9B 61 62 58
Underperform
57
57 28 1
Biogen Inc. 29.7B 76 70 66
Hold
74
74 29 1
Alnylam Pharmaceuticals, Inc. 17.2B 54 80 85
Hold
69
69 30 1
Incyte Corporation 16.8B 83 73 84
Buy
86
86 31 1
BioMarin Pharmaceutical Inc. 15.4B 70 82 63
Hold
74
74 32 1
United Therapeutics Corporation 10.6B 76 82 93
Strong Buy
88
88 33 1
Neurocrine Biosciences, Inc. 9.3B 68 55 63
Underperform
60
60 34 1
Exact Sciences Corporation 7.2B 47 62 56
Underperform
46
46 35 1
Exelixis, Inc. 6.7B 70 81 87
Buy
81
81 36 1
Sarepta Therapeutics, Inc. 6.5B 58 78 93
Hold
73
73 37 1
Halozyme Therapeutics, Inc. 6.3B 74 82 75
Buy
81
81 38 1
Ionis Pharmaceuticals, Inc. 5.4B 62 86 89
Buy
79
79 39 1
Ascendis Pharma A/S 5.2B 68 54 62
Underperform
60
60 40 1
Alkermes plc 5.0B 62 62 92
Hold
69
69 41 1
Cytokinetics, Incorporated 4.1B 64 66 69
Hold
65
65 42 1
Novavax, Inc. 4.0B 77 75 60
Hold
74
74 43 1
Mirati Therapeutics, Inc. 3.8B 50 64 65
Underperform
52
52 44 1
Natera, Inc. 3.6B 54 52 58
Underperform
47
47 45 1
Arrowhead Pharmaceuticals, Inc. 3.4B 71 76 70
Hold
74
74 46 1
PTC Therapeutics, Inc. 2.8B 51 73 72
Underperform
59
59 47 1
Insmed Incorporated 2.4B 55 57 82
Underperform
58
58 48 1
ACADIA Pharmaceuticals Inc. 2.3B 63 58 72
Hold
61
61 49 1
BioCryst Pharmaceuticals, Inc. 1.9B 55 66 67
Underperform
57
57 50 1
ChemoCentryx, Inc. 1.8B 61 73 87
Hold
71
71 51 1
Ironwood Pharmaceuticals, Inc. 1.8B 68 79 78
Hold
76
76 52 1
Emergent BioSolutions Inc. 1.6B 61 66 75
Hold
65
65 53 1
Dynavax Technologies Corporation 1.5B 63 67 68
Hold
64
64 54 1
Myriad Genetics, Inc. 1.5B 52 96 59
Hold
66
66 55 1
Celldex Therapeutics, Inc. 1.3B 57 70 69
Hold
61
61 56 1
Agios Pharmaceuticals, Inc. 1.2B 50 75 75
Hold
60
60 57 1
Vericel Corporation 1.1B 57 56 65
Underperform
53
53 58 1
IVERIC bio, Inc. 1.1B 50 70 64
Underperform
54
54 59 1
FibroGen, Inc. 1.0B 73 67 84
Hold
76
76 60 1
Syndax Pharmaceuticals, Inc. 1.0B 58 62 57
Underperform
54
54 61 1
Avid Bioservices, Inc. 959.5M 67 75 66
Hold
69
69 62 1
ImmunoGen, Inc. 946.1M 56 64 87
Hold
64
64 63 1
Enanta Pharmaceuticals, Inc. 922.8M 60 75 66
Hold
65
65 64 1
Deciphera Pharmaceuticals, Inc. 914.0M 61 77 94
Hold
75
75 65 1
Anavex Life Sciences Corp. 767.1M 61 75 72
Hold
67
67 66 1
Sorrento Therapeutics, Inc. 747.5M 74 55 52
Hold
61
61 67 1
Catalyst Pharmaceuticals, Inc. 707.1M 75 77 87
Buy
84
84 68 1
Northwest Biotherapeutics, Inc. 682.9M 65 79 85
Hold
77
77 69 1
Organogenesis Holdings Inc. 612.1M 60 69 75
Hold
64
64 70 1
CTI BioPharma Corp. 603.6M 54 59 56
Underperform
50
50 71 1
Sangamo Therapeutics, Inc. 600.0M 48 76 91
Hold
65
65 72 1
AnaptysBio, Inc. 586.3M 52 68 80
Hold
60
60 73 1
Geron Corporation 566.2M 60 78 77
Hold
70
70 74 1
Immatics N.V. 538.7M 76 77 86
Buy
84
84 75 1
Agenus Inc. 520.5M 54 74 58
Underperform
57
57 76 1
Mersana Therapeutics, Inc. 449.1M 58 47 65
Underperform
50
50 77 1
Vaxart, Inc. 440.0M 53 68 65
Underperform
56
56 78 1
Inovio Pharmaceuticals, Inc. 416.9M 46 72 71
Underperform
54
54 79 1
MiMedx Group, Inc. 391.5M 45 59 60
Underperform
45
45 80 1
Arbutus Biopharma Corporation 388.2M 60 67 95
Hold
71
71 81 1
Intercept Pharmaceuticals, Inc. 386.3M 57 86 96
Hold
78
78 82 1
Albireo Pharma, Inc. 362.9M 54 65 63
Underperform
55
55 83 1
AVEO Pharmaceuticals, Inc. 337.5M 66 74 95
Hold
78
78 84 1
Zymeworks Inc. 324.7M 62 56 57
Underperform
54
54 85 1
Anika Therapeutics, Inc. 322.7M 64 77 63
Hold
73
73 86 1
Lexicon Pharmaceuticals, Inc. 321.6M 51 69 77
Hold
61
61 87 1
Heron Therapeutics, Inc. 314.6M 58 62 71
Underperform
59
59 88 1
Silence Therapeutics plc 313.4M 66 72 69
Hold
70
70 89 1
Precigen, Inc. 299.1M 73 79 74
Buy
79
79 90 1
Viridian Therapeutics, Inc. 293.2M 65 53 65
Underperform
56
56 91 1
bluebird bio, Inc. 288.7M 50 96 83
Hold
78
78 92 1
Rigel Pharmaceuticals, Inc. 187.5M 62 64 41
Underperform
52
52 93 1
MacroGenics, Inc. 184.6M 47 71 65
Underperform
53
53 94 1
DermTech, Inc. 165.3M 56 52 58
Underperform
47
47 95 1
Gelesis Holdings, Inc. 111.5M 78 39 80
Hold
66
66 96 1
INSYS Therapeutics, Inc. 3.2M 43 70 73
Underperform
55
55 97 1

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Xenon Pharmaceuticals's stock is now priced above its 50-day and 200-day, but below its 5-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is strengthening. Historically, this is a positive setup in the medium and long-term. In particular, many institutional investors keep close watch of the 200-day moving average. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Xenon Pharmaceuticals's stock doesn't strongly signal being overbought or oversold. Overall, these technical indicators don't clearly signal directional momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 68.

Neutral 68
Close Price 30.11
52W Low 14.86
52W High 35.4
5D MA 31.8
50D MA 29.54
200D MA 29.05
MACD 0.67
RSI 48.77
STOCH 38.47

Balance Sheet Analysis

Xenon Pharmaceuticals appears likely to maintain its strong balance sheet metrics and momentum going forward. Xenon Pharmaceuticals publishes impressive results related to book value factors in this report. Specifically, price to book ratio (P/B) now sits at 3.0 and represents a 1.5% change from the previous report. The company's book value factor metrics are even more remarkable when compared to their peers. Consequently, their book value factors movement received a grade of 70. Also, Xenon Pharmaceuticals's management was effective in managing the value of the assets on their balance sheet, which now sits at 558.1 and represents a -2.4% change from the previous report. This growth should support upward pressure on its's stock price, which better captures their intrinsic value. Consequently, their asset movement received a grade of 69. On the other hand, Cash & Equivalents, jumped out as looking rather underwhelming. Xenon Pharmaceuticals did a poor job related to managing cash and cash equivalents this period, which stood at 116.5, representing a -33.7% change from the previous filing. This performance is significantly less impressive than its peers and competitors. Consequently, their cash and cash equivalents movement received a grade of 45. Therefore, we scored its balance sheet a 61.

Parameter Value Change Score
Assets 558.1 -2.4% 69
Liabilities 16.2 -26.2% 48
Price to Book 3.0 1.5% 70
Cash & Equivalents 116.5 -33.7% 45
Equity 541.9 -1.5% 53
* All values are TTM

The below chart describes Xenon Pharmaceuticals's performance as reflected on its balance sheet with respect to its peers. While Xenon Pharmaceuticals received a balance sheet score of 61, the average of its peers stands on 66.0.

  •  XENE
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
Amicus Therapeutics, Inc. 3.0B 52 64 58 66 56 56 0 1
CureVac N.V. 2.6B 49 64 75 52 52 57 1 1
Fate Therapeutics, Inc. 2.4B 63 70 54 39 45 53 2 1
Abgenix Inc. 2.1B 81 57 86 92 45 67 3 1
Iovance Biotherapeutics, Inc. 1.7B 52 74 72 87 45 63 4 1
Xencor, Inc. 1.6B 53 78 60 40 67 67 5 1
Ligand Pharmaceuticals Incorporated 1.5B 75 63 61 49 52 56 6 1
Aurinia Pharmaceuticals Inc. 1.4B 51 67 59 41 47 52 7 1
Veracyte, Inc. 1.4B 64 68 54 66 51 57 8 1
Sierra Oncology, Inc. 1.3B 62 71 52 97 97 80 9 1
CareDx, Inc 1.2B 54 67 52 39 51 52 10 1
MannKind Corporation 957.2M 79 59 50 40 64 57 11 1
Merus N.V. 941.6M 59 68 50 83 81 70 12 1
Amarin Corporation plc 734.5M 51 65 58 72 51 55 13 1
Vanda Pharmaceuticals Inc. 598.8M 82 70 47 89 56 64 14 1
Eagle Pharmaceuticals, Inc. 546.4M 83 70 73 46 79 75 15 1
Radius Health, Inc. 499.8M 50 64 50 44 59 54 16 1
Affimed N.V. 415.0M 56 66 63 56 47 54 17 1
ADMA Biologics, Inc. 396.6M 74 68 49 77 72 68 18 1
AC Immune SA 299.8M 84 64 47 53 75 68 19 1
Sutro Biopharma, Inc. 245.5M 82 69 56 66 49 61 20 1
Chimerix, Inc. 178.4M 48 63 46 95 40 49 21 1
Brooklyn ImmunoTherapeutics, Inc. 31.8M 37 71 45 39 55 49 22 1
Amgen Inc. 130.1B 72 68 86 53 62 69 23 1
Gilead Sciences, Inc. 78.0B 48 63 61 52 62 57 24 1
Vertex Pharmaceuticals Incorporated 70.6B 69 69 58 84 92 78 25 1
Regeneron Pharmaceuticals, Inc. 64.0B 48 65 52 86 81 67 26 1
BioNTech SE 34.0B 75 69 64 97 73 75 27 1
Seagen Inc. 32.9B 59 68 55 43 66 61 28 1
Biogen Inc. 29.7B 57 72 92 50 76 76 29 1
Alnylam Pharmaceuticals, Inc. 17.2B 50 66 46 44 61 54 30 1
Incyte Corporation 16.8B 71 72 95 82 79 83 31 1
BioMarin Pharmaceutical Inc. 15.4B 55 75 54 77 74 70 32 1
United Therapeutics Corporation 10.6B 61 74 58 60 88 76 33 1
Neurocrine Biosciences, Inc. 9.3B 67 69 55 51 78 68 34 1
Exact Sciences Corporation 7.2B 57 58 45 42 52 47 35 1
Exelixis, Inc. 6.7B 53 66 57 84 81 70 36 1
Sarepta Therapeutics, Inc. 6.5B 68 69 49 41 58 58 37 1
Halozyme Therapeutics, Inc. 6.3B 59 68 65 72 85 74 38 1
Ionis Pharmaceuticals, Inc. 5.4B 59 68 58 43 67 62 39 1
Ascendis Pharma A/S 5.2B 51 70 85 94 54 68 40 1
Alkermes plc 5.0B 63 66 46 54 71 62 41 1
Cytokinetics, Incorporated 4.1B 49 79 42 76 62 64 42 1
Novavax, Inc. 4.0B 61 67 52 77 99 77 43 1
Mirati Therapeutics, Inc. 3.8B 53 66 57 48 42 50 44 1
Natera, Inc. 3.6B 73 65 43 95 42 54 45 1
Arrowhead Pharmaceuticals, Inc. 3.4B 72 71 63 65 73 71 46 1
PTC Therapeutics, Inc. 2.8B 57 61 80 49 37 51 47 1
Insmed Incorporated 2.4B 49 65 45 46 63 55 48 1
ACADIA Pharmaceuticals Inc. 2.3B 83 65 55 91 55 63 49 1
BioCryst Pharmaceuticals, Inc. 1.9B 46 67 46 50 62 55 50 1
ChemoCentryx, Inc. 1.8B 72 77 47 53 52 61 51 1
Ironwood Pharmaceuticals, Inc. 1.8B 49 68 87 67 63 68 52 1
Emergent BioSolutions Inc. 1.6B 48 62 87 48 61 61 53 1
Dynavax Technologies Corporation 1.5B 52 69 54 38 76 63 54 1
Myriad Genetics, Inc. 1.5B 51 62 51 43 57 52 55 1
Celldex Therapeutics, Inc. 1.3B 48 69 61 44 57 57 56 1
Agios Pharmaceuticals, Inc. 1.2B 50 66 52 38 48 50 57 1
Vericel Corporation 1.1B 51 65 56 53 61 57 58 1
IVERIC bio, Inc. 1.1B 50 67 46 48 48 50 59 1
FibroGen, Inc. 1.0B 79 87 49 82 56 73 60 1
Syndax Pharmaceuticals, Inc. 1.0B 85 68 41 55 55 58 61 1
Avid Bioservices, Inc. 959.5M 75 61 61 58 72 67 62 1
ImmunoGen, Inc. 946.1M 52 67 64 61 48 56 63 1
Enanta Pharmaceuticals, Inc. 922.8M 51 86 45 38 49 60 64 1
Deciphera Pharmaceuticals, Inc. 914.0M 56 71 38 82 63 61 65 1
Anavex Life Sciences Corp. 767.1M 50 67 50 75 66 61 66 1
Sorrento Therapeutics, Inc. 747.5M 89 71 50 97 73 74 67 1
Catalyst Pharmaceuticals, Inc. 707.1M 52 69 70 77 86 75 68 1
Northwest Biotherapeutics, Inc. 682.9M 65 63 48 38 86 65 69 1
Organogenesis Holdings Inc. 612.1M 59 66 56 66 60 60 70 1
CTI BioPharma Corp. 603.6M 84 70 37 92 37 54 71 1
Sangamo Therapeutics, Inc. 600.0M 59 64 47 45 46 48 72 1
AnaptysBio, Inc. 586.3M 85 63 41 37 51 52 73 1
Geron Corporation 566.2M 69 72 37 59 62 60 74 1
Immatics N.V. 538.7M 56 70 84 95 73 76 75 1
Agenus Inc. 520.5M 73 62 37 55 60 54 76 1
Mersana Therapeutics, Inc. 449.1M 75 68 39 82 52 58 77 1
Vaxart, Inc. 440.0M 69 67 47 56 47 53 78 1
Inovio Pharmaceuticals, Inc. 416.9M 56 66 38 54 40 46 79 1
MiMedx Group, Inc. 391.5M 53 66 42 57 37 45 80 1
Arbutus Biopharma Corporation 388.2M 86 65 61 48 55 60 81 1
Intercept Pharmaceuticals, Inc. 386.3M 46 68 57 41 61 57 82 1
Albireo Pharma, Inc. 362.9M 48 65 42 58 62 54 83 1
AVEO Pharmaceuticals, Inc. 337.5M 76 68 61 78 60 66 84 1
Zymeworks Inc. 324.7M 77 69 70 90 43 62 85 1
Anika Therapeutics, Inc. 322.7M 76 68 63 64 65 64 86 1
Lexicon Pharmaceuticals, Inc. 321.6M 48 68 51 43 51 51 87 1
Heron Therapeutics, Inc. 314.6M 84 65 48 43 58 58 88 1
Silence Therapeutics plc 313.4M 58 71 69 63 59 66 89 1
Precigen, Inc. 299.1M 81 85 61 72 48 73 90 1
Viridian Therapeutics, Inc. 293.2M 56 72 44 37 76 65 91 1
bluebird bio, Inc. 288.7M 48 67 42 38 57 50 92 1
Rigel Pharmaceuticals, Inc. 187.5M 53 67 51 90 63 62 93 1
MacroGenics, Inc. 184.6M 53 64 61 37 39 47 94 1
DermTech, Inc. 165.3M 76 72 51 52 43 56 95 1
Gelesis Holdings, Inc. 111.5M 47 76 48 76 98 78 96 1
INSYS Therapeutics, Inc. 3.2M 48 70 44 90 37 43 97 1

Income Statement Analysis

Xenon Pharmaceuticals's recently published income statement conveys disappointing growth, particularly with respect to Revenue Efficiency and Return Factors metrics. Xenon Pharmaceuticals management did an underwhelming job managing revenue efficiency this past period. Xenon Pharmaceuticals's revenue efficiency is 22.8 according to the metrics in the current filing, which represents a 23.9% change from the previous report. This metric might have a 13.1 percent impact on companies in the same industry and with the same market capitalization. Their revenue efficiency, specifically in contrast to their industry peers', isn't encouraging. Its revenue efficiency, therefore, received a grade of 41. Also, In this filing, Xenon Pharmaceuticals reported a return on equity (ROE) ratio of -20.2, which represents a growth of 7.5%. This metric might have a 3.6 percent impact on companies in the same industry and with the same market capitalization. The company's return factor metrics return on equity and return on assets are even more concerning when compared to their peers. Therefore, their return factors component earned a score of 59. That said, one metric, EBITDA, stood out as strongly positive. Xenon Pharmaceuticals reported impressive EBITDA this period. At filing, EBITDA was reported as -77.8, representing -1.3% change from the previous period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 24.4%. Their EBITDA metrics are even more impressive relative to their peers and competitors, and its likely the stock price has room to grow to reflect its intrinsic value accurately. Consequently, their EBITDA movement received a grade of 65. Therefore, it received a cautionary score of 56.

Parameter Value Change Score
EBITDA -77.8 -1.3% 65
Total Revenues 22.8 23.9% 41
Return on Equity -20.2 7.5% 59
* All values are TTM

The below chart describes Xenon Pharmaceuticals's performance as reflected on its income statement with respect to its peers. While Xenon Pharmaceuticals received a income statement score of 56 , the average of its peers stands on 59.0.

  •  XENE
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
Amicus Therapeutics, Inc. 3.0B 61 55 77 58 0 1
CureVac N.V. 2.6B 45 83 71 74 1 1
Fate Therapeutics, Inc. 2.4B 45 52 61 46 2 1
Abgenix Inc. 2.1B 47 47 47 47 3 1
Iovance Biotherapeutics, Inc. 1.7B 84 60 75 71 4 1
Xencor, Inc. 1.6B 42 94 52 79 5 1
Ligand Pharmaceuticals Incorporated 1.5B 92 53 78 69 6 1
Aurinia Pharmaceuticals Inc. 1.4B 38 81 68 70 7 1
Veracyte, Inc. 1.4B 45 63 57 55 8 1
Sierra Oncology, Inc. 1.3B 84 54 54 61 9 1
CareDx, Inc 1.2B 61 44 82 50 10 1
MannKind Corporation 957.2M 95 48 56 61 11 1
Merus N.V. 941.6M 48 60 59 54 12 1
Amarin Corporation plc 734.5M 95 44 82 63 13 1
Vanda Pharmaceuticals Inc. 598.8M 89 46 81 62 14 1
Eagle Pharmaceuticals, Inc. 546.4M 39 94 53 78 15 1
Radius Health, Inc. 499.8M 94 71 68 82 16 1
Affimed N.V. 415.0M 95 49 75 66 17 1
ADMA Biologics, Inc. 396.6M 43 65 62 57 18 1
AC Immune SA 299.8M 83 61 65 70 19 1
Sutro Biopharma, Inc. 245.5M 60 47 80 56 20 1
Chimerix, Inc. 178.4M 99 50 62 65 21 1
Brooklyn ImmunoTherapeutics, Inc. 31.8M 83 49 92 61 22 1
Amgen Inc. 130.1B 74 75 64 78 23 1
Gilead Sciences, Inc. 78.0B 78 71 52 73 24 1
Vertex Pharmaceuticals Incorporated 70.6B 57 80 62 75 25 1
Regeneron Pharmaceuticals, Inc. 64.0B 67 74 66 74 26 1
BioNTech SE 34.0B 41 89 75 79 27 1
Seagen Inc. 32.9B 54 65 70 62 28 1
Biogen Inc. 29.7B 90 57 73 70 29 1
Alnylam Pharmaceuticals, Inc. 17.2B 60 86 56 80 30 1
Incyte Corporation 16.8B 59 77 60 73 31 1
BioMarin Pharmaceutical Inc. 15.4B 72 81 65 82 32 1
United Therapeutics Corporation 10.6B 57 91 54 82 33 1
Neurocrine Biosciences, Inc. 9.3B 53 54 77 55 34 1
Exact Sciences Corporation 7.2B 57 67 54 62 35 1
Exelixis, Inc. 6.7B 54 91 54 81 36 1
Sarepta Therapeutics, Inc. 6.5B 49 89 55 78 37 1
Halozyme Therapeutics, Inc. 6.3B 53 84 85 82 38 1
Ionis Pharmaceuticals, Inc. 5.4B 62 94 53 86 39 1
Ascendis Pharma A/S 5.2B 38 68 46 54 40 1
Alkermes plc 5.0B 69 55 81 62 41 1
Cytokinetics, Incorporated 4.1B 95 50 73 66 42 1
Novavax, Inc. 4.0B 41 89 54 75 43 1
Mirati Therapeutics, Inc. 3.8B 76 55 78 64 44 1
Natera, Inc. 3.6B 52 51 78 52 45 1
Arrowhead Pharmaceuticals, Inc. 3.4B 38 92 53 76 46 1
PTC Therapeutics, Inc. 2.8B 54 78 66 73 47 1
Insmed Incorporated 2.4B 51 58 73 57 48 1
ACADIA Pharmaceuticals Inc. 2.3B 72 49 80 58 49 1
BioCryst Pharmaceuticals, Inc. 1.9B 41 74 72 66 50 1
ChemoCentryx, Inc. 1.8B 97 57 71 73 51 1
Ironwood Pharmaceuticals, Inc. 1.8B 70 79 61 79 52 1
Emergent BioSolutions Inc. 1.6B 91 51 77 66 53 1
Dynavax Technologies Corporation 1.5B 51 69 77 67 54 1
Myriad Genetics, Inc. 1.5B 89 93 57 96 55 1
Celldex Therapeutics, Inc. 1.3B 96 53 78 70 56 1
Agios Pharmaceuticals, Inc. 1.2B 99 64 54 75 57 1
Vericel Corporation 1.1B 76 44 82 56 58 1
IVERIC bio, Inc. 1.1B 84 58 79 70 59 1
FibroGen, Inc. 1.0B 48 74 63 67 60 1
Syndax Pharmaceuticals, Inc. 1.0B 87 47 81 62 61 1
Avid Bioservices, Inc. 959.5M 49 82 69 75 62 1
ImmunoGen, Inc. 946.1M 40 73 71 64 63 1
Enanta Pharmaceuticals, Inc. 922.8M 90 63 72 75 64 1
Deciphera Pharmaceuticals, Inc. 914.0M 60 79 70 77 65 1
Anavex Life Sciences Corp. 767.1M 84 69 60 75 66 1
Sorrento Therapeutics, Inc. 747.5M 50 60 60 55 67 1
Catalyst Pharmaceuticals, Inc. 707.1M 48 88 58 77 68 1
Northwest Biotherapeutics, Inc. 682.9M 43 90 65 79 69 1
Organogenesis Holdings Inc. 612.1M 89 55 79 69 70 1
CTI BioPharma Corp. 603.6M 84 50 62 59 71 1
Sangamo Therapeutics, Inc. 600.0M 72 72 73 76 72 1
AnaptysBio, Inc. 586.3M 97 50 77 68 73 1
Geron Corporation 566.2M 89 67 73 78 74 1
Immatics N.V. 538.7M 37 93 53 77 75 1
Agenus Inc. 520.5M 57 83 45 74 76 1
Mersana Therapeutics, Inc. 449.1M 37 54 72 47 77 1
Vaxart, Inc. 440.0M 99 51 72 68 78 1
Inovio Pharmaceuticals, Inc. 416.9M 96 57 68 72 79 1
MiMedx Group, Inc. 391.5M 87 43 83 59 80 1
Arbutus Biopharma Corporation 388.2M 37 82 53 67 81 1
Intercept Pharmaceuticals, Inc. 386.3M 71 93 40 86 82 1
Albireo Pharma, Inc. 362.9M 46 69 77 65 83 1
AVEO Pharmaceuticals, Inc. 337.5M 38 89 54 74 84 1
Zymeworks Inc. 324.7M 58 53 77 56 85 1
Anika Therapeutics, Inc. 322.7M 63 80 62 77 86 1
Lexicon Pharmaceuticals, Inc. 321.6M 98 48 82 69 87 1
Heron Therapeutics, Inc. 314.6M 61 60 75 62 88 1
Silence Therapeutics plc 313.4M 83 64 69 72 89 1
Precigen, Inc. 299.1M 57 87 59 79 90 1
Viridian Therapeutics, Inc. 293.2M 55 50 63 53 91 1
bluebird bio, Inc. 288.7M 99 91 61 96 92 1
Rigel Pharmaceuticals, Inc. 187.5M 99 44 82 64 93 1
MacroGenics, Inc. 184.6M 95 56 74 71 94 1
DermTech, Inc. 165.3M 49 48 78 52 95 1
Gelesis Holdings, Inc. 111.5M 41 46 56 39 96 1
INSYS Therapeutics, Inc. 3.2M 97 48 63 70 97 1

Cash Flow Analysis

Two main cash flow metrics, Asset Turnover and Capex, are driving the positive outlook for Xenon Pharmaceuticals's financial strength. Xenon Pharmaceuticals is doing a remarkable job of keeping its asset turnover under control. At filing, their asset turnover metrics were 0.1, representing a 11.1% change from the previous period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 4.1%. Their asset turnover numbers are significantly more impressive when contrasted against their peers and competitors. Therefore, its asset turnover movement earned a score of 92. Also, Xenon Pharmaceuticals's management did a great job this period managing its capital expenditure (CapEx). In terms of the raw numbers, CapEx was reported as -1.9, which represents a 9.4% change from the last period. This remarkable CapEx growth is expected to reinforce upward momentum for its's stock price going forward. Consequently, their CapEx movement received a grade of 87. However, one discouraging result, Free Cash flow, stood out. Xenon Pharmaceuticals did a poor job related to generating and maintaining strong free cash flow this period, which stood at -1.3, representing a 4.2% change from the previous filing. Companies in the same sector and market capitalization will usually be affected by up to 2.6 percent by this parameter. their free cash flow situation appears to be much weaker than their peers. Management needs to do a better job balancing cash flow, asset growth, and resources allocations in general. Disappointing results in free cash flow often lead to negative pressure in stock prices, so we rated their free cash flow with a score of 77. Their cash flow, therefore, earned a score of 89.

Parameter Value Change Score
Net Cashflow 28.6 -78.1% 82
Capital Expenditure -1.9 9.4% 87
Asset Turnover 0.1 11.1% 92
Free Cashflow -1.3 4.2% 77
* All values are TTM

The below chart describes Xenon Pharmaceuticals's performance as reflected on its cash flow with respect to its peers. While Xenon Pharmaceuticals received a cash flow score of 89, the average of its peers stands on 66.0.

  •  XENE
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
Amicus Therapeutics, Inc. 3.0B 81 80 71 87 85 0 1
CureVac N.V. 2.6B 87 80 90 70 90 1 1
Fate Therapeutics, Inc. 2.4B 64 52 55 48 61 2 1
Abgenix Inc. 2.1B 66 53 45 59 58 3 1
Iovance Biotherapeutics, Inc. 1.7B 77 66 69 69 77 4 1
Xencor, Inc. 1.6B 96 95 70 95 98 5 1
Ligand Pharmaceuticals Incorporated 1.5B 86 93 51 78 84 6 1
Aurinia Pharmaceuticals Inc. 1.4B 73 79 92 96 84 7 1
Veracyte, Inc. 1.4B 90 95 46 46 82 8 1
Sierra Oncology, Inc. 1.3B 47 77 38 71 52 9 1
CareDx, Inc 1.2B 98 84 40 50 86 10 1
MannKind Corporation 957.2M 77 56 43 37 66 11 1
Merus N.V. 941.6M 70 71 74 53 71 12 1
Amarin Corporation plc 734.5M 52 40 74 55 55 13 1
Vanda Pharmaceuticals Inc. 598.8M 66 60 87 51 69 14 1
Eagle Pharmaceuticals, Inc. 546.4M 63 40 97 92 73 15 1
Radius Health, Inc. 499.8M 64 40 37 56 57 16 1
Affimed N.V. 415.0M 72 57 95 43 74 17 1
ADMA Biologics, Inc. 396.6M 62 77 74 85 71 18 1
AC Immune SA 299.8M 66 77 79 63 68 19 1
Sutro Biopharma, Inc. 245.5M 83 67 64 50 74 20 1
Chimerix, Inc. 178.4M 80 84 95 47 83 21 1
Brooklyn ImmunoTherapeutics, Inc. 31.8M 58 72 43 71 58 22 1
Amgen Inc. 130.1B 80 74 67 74 81 23 1
Gilead Sciences, Inc. 78.0B 57 61 53 85 62 24 1
Vertex Pharmaceuticals Incorporated 70.6B 64 75 80 71 71 25 1
Regeneron Pharmaceuticals, Inc. 64.0B 69 86 64 66 73 26 1
BioNTech SE 34.0B 73 97 50 52 72 27 1
Seagen Inc. 32.9B 53 53 50 87 58 28 1
Biogen Inc. 29.7B 58 54 90 73 66 29 1
Alnylam Pharmaceuticals, Inc. 17.2B 82 80 70 89 85 30 1
Incyte Corporation 16.8B 78 79 92 74 84 31 1
BioMarin Pharmaceutical Inc. 15.4B 59 48 66 77 63 32 1
United Therapeutics Corporation 10.6B 93 92 68 80 93 33 1
Neurocrine Biosciences, Inc. 9.3B 63 43 54 74 63 34 1
Exact Sciences Corporation 7.2B 53 45 80 46 56 35 1
Exelixis, Inc. 6.7B 79 90 89 83 87 36 1
Sarepta Therapeutics, Inc. 6.5B 85 89 95 87 93 37 1
Halozyme Therapeutics, Inc. 6.3B 83 66 52 49 75 38 1
Ionis Pharmaceuticals, Inc. 5.4B 88 96 60 86 89 39 1
Ascendis Pharma A/S 5.2B 48 59 77 98 62 40 1
Alkermes plc 5.0B 89 95 76 80 92 41 1
Cytokinetics, Incorporated 4.1B 63 79 89 51 69 42 1
Novavax, Inc. 4.0B 62 38 63 54 60 43 1
Mirati Therapeutics, Inc. 3.8B 56 58 71 89 65 44 1
Natera, Inc. 3.6B 52 54 56 84 58 45 1
Arrowhead Pharmaceuticals, Inc. 3.4B 60 39 87 96 70 46 1
PTC Therapeutics, Inc. 2.8B 72 53 54 83 72 47 1
Insmed Incorporated 2.4B 79 80 61 89 82 48 1
ACADIA Pharmaceuticals Inc. 2.3B 61 57 98 80 72 49 1
BioCryst Pharmaceuticals, Inc. 1.9B 61 58 54 96 67 50 1
ChemoCentryx, Inc. 1.8B 84 92 97 50 87 51 1
Ironwood Pharmaceuticals, Inc. 1.8B 77 66 67 76 78 52 1
Emergent BioSolutions Inc. 1.6B 70 53 87 75 75 53 1
Dynavax Technologies Corporation 1.5B 64 48 82 65 68 54 1
Myriad Genetics, Inc. 1.5B 50 37 82 83 59 55 1
Celldex Therapeutics, Inc. 1.3B 69 63 67 54 69 56 1
Agios Pharmaceuticals, Inc. 1.2B 85 68 44 46 75 57 1
Vericel Corporation 1.1B 64 46 59 73 65 58 1
IVERIC bio, Inc. 1.1B 64 67 44 71 64 59 1
FibroGen, Inc. 1.0B 86 74 48 87 84 60 1
Syndax Pharmaceuticals, Inc. 1.0B 50 41 74 78 57 61 1
Avid Bioservices, Inc. 959.5M 80 38 40 50 66 62 1
ImmunoGen, Inc. 946.1M 77 79 95 95 87 63 1
Enanta Pharmaceuticals, Inc. 922.8M 58 47 84 83 66 64 1
Deciphera Pharmaceuticals, Inc. 914.0M 87 79 95 91 94 65 1
Anavex Life Sciences Corp. 767.1M 69 63 74 71 72 66 1
Sorrento Therapeutics, Inc. 747.5M 48 63 61 52 52 67 1
Catalyst Pharmaceuticals, Inc. 707.1M 77 81 98 87 87 68 1
Northwest Biotherapeutics, Inc. 682.9M 80 77 81 86 85 69 1
Organogenesis Holdings Inc. 612.1M 76 76 63 55 75 70 1
CTI BioPharma Corp. 603.6M 48 60 74 67 56 71 1
Sangamo Therapeutics, Inc. 600.0M 85 78 93 83 91 72 1
AnaptysBio, Inc. 586.3M 80 77 92 41 80 73 1
Geron Corporation 566.2M 78 68 49 81 77 74 1
Immatics N.V. 538.7M 82 95 56 99 86 75 1
Agenus Inc. 520.5M 57 43 52 77 58 76 1
Mersana Therapeutics, Inc. 449.1M 59 69 53 92 65 77 1
Vaxart, Inc. 440.0M 72 56 53 38 65 78 1
Inovio Pharmaceuticals, Inc. 416.9M 67 67 92 44 71 79 1
MiMedx Group, Inc. 391.5M 46 48 97 86 60 80 1
Arbutus Biopharma Corporation 388.2M 92 93 80 87 95 81 1
Intercept Pharmaceuticals, Inc. 386.3M 87 95 98 89 96 82 1
Albireo Pharma, Inc. 362.9M 59 68 41 95 63 83 1
AVEO Pharmaceuticals, Inc. 337.5M 94 87 74 83 95 84 1
Zymeworks Inc. 324.7M 52 65 45 83 57 85 1
Anika Therapeutics, Inc. 322.7M 69 67 70 51 63 86 1
Lexicon Pharmaceuticals, Inc. 321.6M 91 82 39 46 77 87 1
Heron Therapeutics, Inc. 314.6M 66 74 61 84 71 88 1
Silence Therapeutics plc 313.4M 68 66 72 69 69 89 1
Precigen, Inc. 299.1M 82 75 37 85 74 90 1
Viridian Therapeutics, Inc. 293.2M 72 87 43 45 65 91 1
bluebird bio, Inc. 288.7M 89 77 93 37 83 92 1
Rigel Pharmaceuticals, Inc. 187.5M 42 40 46 40 41 93 1
MacroGenics, Inc. 184.6M 70 53 54 46 65 94 1
DermTech, Inc. 165.3M 60 51 45 86 58 95 1
Gelesis Holdings, Inc. 111.5M 64 90 92 98 80 96 1
INSYS Therapeutics, Inc. 3.2M 75 78 87 52 73 97 1

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