Legend Biotech Reports Strong Sales Growth in Q3 2024
Company Announcements

Legend Biotech Reports Strong Sales Growth in Q3 2024

Legend Biotech (LEGN) has released an update.

Legend Biotech’s revenues soared in the third quarter of 2024, driven by the impressive sales growth of their cell therapy, CARVYKTI®, which achieved a remarkable 87.6% year-over-year increase. The company expanded its commercial production capabilities in Belgium and launched new operations in Switzerland, bolstering its global reach. With a strong cash position of $1.2 billion, Legend Biotech continues to solidify its leadership in cell therapy innovation.

For further insights into LEGN stock, check out TipRanks’ Stock Analysis page.

Related Articles
Radhika Saraogi3 Best Stocks to Buy Now, 11/13/2024, According to Top Analysts 
TipRanks Auto-Generated NewsdeskLegend Biotech’s Q3 2024 Sees Strong Sales Growth
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App