Acceleron Pharma NASDAQ:XLRN is reporting this earnings, what to expect.
Acceleron Pharma NASDAQ:XLRN headquartered in Massachusetts, United States is reporting their earnings on 05/08/2018 before the bell. Street forecast for the quarter ending March 2018 is $-0.64.
According to stock market daily analyst this is Lower then same time previous year. Acceleron Pharma reported EPS for the sXLRN quarter last year was $-0.66.
Overview of Acceleron Pharma NASDAQ:XLRN
Acceleron is dedicated to the discovery and development of innovative, life-changing medicines for patients with a wide range of serious and rare diseases. Our research focuses on harnessing the power of the TGF-beta protein superfamily, the target-rich area of biology behind the body’s remarkable capacity for cellular growth and repair. Our approach to drug discovery is driven by deep scientific expertise—and an urgency to deliver effective treatments to thousands of patients who have few or no therapeutic options. The Company’s lead product candidate, luspatercept—an erythroid maturation agent—is being evaluated in two Phase 3 trials in a global partnership with Celgene to treat chronic, sometimes debilitating anemias in myelodysplastic syndromes (MDS) and beta-thalassemia. Acceleron is also advancing a neuromuscular franchise with two distinct Myostatin+ agents, ACE-083 and ACE-2494, and a pulmonary program with a Phase 2 trial of sotatercept planned in pulmonary arterial hypertension (PAH). Acceleron has ongoing preclinical research efforts targeting additional indications in these three disease areas where there is a significantly high, unmet medical need.
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