Halozyme: 'Accidental' Business Model Has Exciting Upside Opportunities In 2025

(17min)

Summary

  • Halozyme Therapeutics, Inc.'s subcu drug delivery business, driven by ENHANZE technology, shows strong revenue growth with significant collaborations, but faces potential challenges post-2030 due to expiring licensing agreements.
  • The failed $2.1bn Evotec acquisition, while initially promising, may have been a blessing in disguise for HALO given Evotec's uncertain and loss-making business model.
  • Recent approvals, including subcutaneous Opdivo (Qvantiq) and other products, e.g. Roche's Ocrevus, suggest a positive outlook for 2025, potentially boosting Halozyme's share price.
  • Long-term growth hinges on diversification beyond ENHANZE; strategic M&A in 2025 could be crucial for sustaining revenue and profitability.

Studio medical equipment still life concept.

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Investment Overview - Halozyme's Growing Business

Halozyme Therapeutics, Inc. (NASDAQ:HALO) remains an intriguing investment proposition after a turbulent but successful few years in which the company's share price—Halozyme went public in 2004—has gained

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This article was written by

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Edmund Ingham is a biotech consultant. He has been covering biotech, healthcare, and pharma for over 5 years, and has put together detailed reports of over 1,000 companies. He leads the investing group Haggerston BioHealth.

The group is for both novice and experienced biotech investors. It provides catalysts to look out for and buy and sell ratings. It also provides product sales and forecasts for all the Big Pharmas, forecasting, integrated financial statements, discounted cash flow analysis and market by market analysis. Learn more.

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