Incyte Corp (NAS:INCY)

$ 69.91 0.07 (0.1%) Market Cap: 13.47 Bil Enterprise Value: 11.73 Bil PE Ratio: 499.36 PB Ratio: 4.25 GF Score: 89/100

Incyte Corp at Goldman Sachs Global Healthcare Conference (Virtual) Transcript

Jun 08, 2021 / 12:00PM GMT

Release Date Price: $84.81 (-0.35%)

Transcript

Salveen Jaswal Richter

Goldman Sachs Group, Inc., Research Division - VP

Great. Well, thank you, everyone, for joining us at our 2021 Goldman Sachs Healthcare Conference. I'm Salveen Richter, biotechnology analyst at Goldman Sachs. And we're pleased today to have Incyte Pharmaceuticals with us.

With us, we have Herve Hoppenot, Chairman, President and CEO; as well as Christiana Stamoulis, CFO.

With that, Herve, I'm going to turn it over to you to make any opening comments, and then we'll jump to questions.

Herve Hoppenot

Incyte Corporation - Chairman, President & CEO

Okay. So yes, good morning. Thank you for inviting us to present here.

So it's obviously a very busy time for Incyte, as we speak today. It was a very successful year in term of growth of revenue over the past 18 months. In 2020, Jakafi grew at 15% to $1.94 billion in the U.S., the rest of the hematology/oncology portfolio grew at 46%. The royalties we are getting from Tabrecta, ruxolitinib outside of the U.S. and baricitinib grew at 28% and reached our number

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