POINT Biopharma Global Inc. (PNT)

NASDAQ: PNT · IEX Real-Time Price · USD
13.71
-0.01 (-0.07%)
Nov 20, 2023, 4:00 PM EST - Market closed
-0.87%
Market Cap 1.47B
Revenue (ttm) 243.69M
Net Income (ttm) 96.55M
Shares Out 106.57M
EPS (ttm) 1.10
PE Ratio 12.56
Forward PE 73.53
Dividend n/a
Ex-Dividend Date n/a
Volume 1,346,848
Open 13.83
Previous Close 13.72
Day's Range 13.64 - 13.93
52-Week Range 6.39 - 14.00
Beta -0.05
Analysts Buy
Price Target 13.00 (-5.18%)
Earnings Date Nov 13, 2023

About PNT

POINT Biopharma Global Inc., a radiopharmaceutical company, develops and commercializes radioligands that fight cancer. Its lead product candidates include PNT2002, a prostate-specific membrane antigen (PSMA) targeted radioligand that is in Phase III trial for the treatment of metastatic castration-resistant prostate cancer; and PNT2003, a somatostatin-targeted radioligand, which is in Phase III trial for the treatment of neuroendocrine tumors. The company is also developing PNT2001, a next-generation PSMA-targeting product candidate for the tr... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2019
Employees 129
Stock Exchange NASDAQ
Ticker Symbol PNT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for PNT stock is "Buy." The 12-month stock price forecast is $13.0, which is a decrease of -5.18% from the latest price.

Price Target
$13.0
(-5.18% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Eli Lilly extends tender offer to buy Point Biopharma to Dec. 15

Eli Lilly , on Monday, gave Point Biopharma Global shareholders more time to sell their stock to the drugmaker amid low participation since the offer price was below the current stock price of the rad...

Other symbols: LLY
3 days ago - Reuters

Lilly Extends Tender Offer to Acquire POINT Biopharma to Dec. 15, 2023

INDIANAPOLIS , Dec. 4, 2023 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced the extension of the expiration of the tender offer to acquire all of the issued and outstanding shares ("...

Other symbols: LLY
3 days ago - PRNewsWire

Eli Lilly extends tender offer to buy Point Biopharma after low participation

Eli Lilly on Friday extended the deadline for Point Biopharma Global shareholders by about two weeks to Dec. 1 to sell their stock, due to low participation.

Other symbols: LLY
20 days ago - Reuters

Lilly Extends Tender Offer to Acquire POINT Biopharma to Dec. 1, 2023

INDIANAPOLIS , Nov. 17, 2023 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced the extension of the expiration of the tender offer to acquire all of the issued and outstanding shares (...

Other symbols: LLY
20 days ago - PRNewsWire

Lilly Announces the Receipt of NRC Consent in Connection with its Proposed Acquisition of POINT Biopharma

INDIANAPOLIS , Nov. 14, 2023 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced that the U.S. Nuclear Regulatory Commission ("NRC") has issued its consent for the indirect transfer of c...

Other symbols: LLY
22 days ago - PRNewsWire

POINT Biopharma Reports Third Quarter 2023 Financial Results and Provides Business Highlights

Announced a definitive agreement to be acquired by Lilly for a purchase price of $12.50 per share in cash (an aggregate of approximately $1.4 billion); transaction expected to close near the end of 20...

24 days ago - GlobeNewsWire

Lilly Announces Extension of Tender Offer to Acquire POINT Biopharma

INDIANAPOLIS , Nov. 8, 2023 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced the extension of the expiration of the tender offer to acquire all of the issued and outstanding shares ("...

Other symbols: LLY
4 weeks ago - PRNewsWire

POINT BIOPHARMA INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of POINT Biopharma Global, Inc. - PNT

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of POINT Biopharma ...

Other symbols: LLY
2 months ago - Business Wire

Eli Lilly Buys POINT Biopharma to Boost Its Cancer-Fighting Therapies

Shares of POINT Biopharma Global (PNT) skyrocketed over 80% in early trading on Tuesday after Eli Lilly (LLY) agreed to buy the radiopharmaceutical firm for $1.4 billion to expand its cancer-fighting ...

Other symbols: LLY
2 months ago - Investopedia

Shareholder Alert: Ademi LLP investigates whether POINT Biopharma Global, Inc. has obtained a Fair Price in its transaction with Eli Lilly

MILWAUKEE , Oct. 3, 2023 /PRNewswire/ -- Ademi LLP is investigating POINT (Nasdaq: PNT) for possible breaches of fiduciary duty and other violations of law in its transaction with Eli Lilly. Click her...

2 months ago - PRNewsWire

Point Biopharma stock nearly doubles on Eli Lilly deal

Shares of Point Biopharma Global Inc (NASDAQ: PNT) close to doubled this morning after Eli Lilly & Co (NYSE: LLY) announced plans of acquiring the cancer treatment company. Details of Lilly-Point agre...

Other symbols: LLY
2 months ago - Invezz

PNT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of POINT Biopharma Global, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of POINT Biopharma Global, Inc. (NASDAQ: PNT) to Eli Lilly for $12.50 per share in cash is f...

2 months ago - Business Wire

Eli Lilly to Buy Point Biopharma for $1.4 Billion

Eli Lilly will acquire radiopharmaceutical company Point Biopharma Global for $12.50 a share.

Other symbols: LLY
2 months ago - Barrons

Eli Lilly to buy cancer-focused Point Biopharma for $1.4 billion

Eli Lilly and Co will buy cancer therapy developer Point Biopharma Global for $1.4 billion, the companies said on Tuesday.

Other symbols: LLY
2 months ago - Reuters

Point Biopharma Global's stock jumps more than 80% after Lilly merger deal

Point Biopharma Global, Inc.'s PNT, +0.22% stock was up 83.4% in premarket trading on Tuesday after Eli Lilly & Co. LLY, +0.22% said it will pay $12.50 a share to acquire the Indianapolis-based cancer...

Other symbols: LLY
2 months ago - Market Watch

Lilly to Acquire POINT Biopharma to Expand Oncology Capabilities into Next-Generation Radioligand Therapies

INDIANAPOLIS , Oct. 3, 2023 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) and POINT Biopharma Global, Inc. (NASDAQ: PNT) today announced a definitive agreement for Lilly to acquire POINT, a radiop...

Other symbols: LLY
2 months ago - PRNewsWire

POINT Biopharma Reports Second Quarter 2023 Financial Results and Provides Business Highlights

Enrollment in PNT2002's SPLASH trial is complete and topline data is expected in the fourth quarter of 2023 Next-generation actinium-225 PSMA program PNT2001 phase 1 trial design released; first patie...

4 months ago - GlobeNewsWire

ITM and POINT Biopharma Expand Global Supply Agreement for n.c.a. Lutetium-177

GARCHING / MUNICH, Germany and INDIANAPOLIS, July 31, 2023 (GLOBE NEWSWIRE) -- ITM Isotope Technologies Munich SE (ITM), a leading radiopharmaceutical biotech company and POINT Biopharma Global Inc. (...

4 months ago - GlobeNewsWire

POINT Biopharma and AdvanCell to Collaborate in the Development of Lead-212-Labeled Radioligands

POINT's vertically integrated platform together with AdvanCell's lead-212 (²¹²Pb) generator technology enables both the development and scaled commercialization of ²¹²Pb-labeled radioligand therapies ...

5 months ago - GlobeNewsWire

POINT Biopharma Expands Its Research with Next-Generation Isotopes, Publishing New Preclinical Data at SNMMI's Annual Congress

Auger electron and beta emitting isotope terbium-161 was paired with POINT's FAP-targeted PNT6555 ligand and showed robust anti-tumor efficacy, similar to actinium-225 and lutetium-177 labeled PNT6555

5 months ago - GlobeNewsWire

POINT Biopharma to Host Virtual Investor Day on Tuesday, June 20, 2023

Register online today at:  https://hub.pointbiopharma.com/investor-day-june-2023

6 months ago - GlobeNewsWire

POINT Biopharma Announces FRONTIER Trial-in-Progress Poster Presentation at ASCO

PNT2004 program's phase 1 FRONTIER trial design to be presented Abstract to be released today at 5:00 PM ET, May 25 th Poster to be available starting at 9:00 AM ET, June 3 rd INDIANAPOLIS, May 25, 20...

7 months ago - GlobeNewsWire

POINT Biopharma Makes Strategic Investment in Commercial-Scale Alpha-Emitting Isotope Manufacturer

POINT further strengthens supply chain with $10 million investment in Ionetix Alpha Corp. POINT further strengthens supply chain with $10 million investment in Ionetix Alpha Corp.

7 months ago - GlobeNewsWire

POINT Biopharma Reports First Quarter 2023 Financial Results and Provides Business Highlights

U.S. FDA granted Fast Track designation for 177 Lu-PNT2002 for the treatment of mCRPC in April 2023

7 months ago - GlobeNewsWire

Lantheus and POINT Biopharma Announce FDA Grants Fast Track Designation for 177Lu-PNT2002 for the Treatment of Metastatic Castration Resistant Prostate Cancer

BEDFORD, Mass. and INDIANAPOLIS, April 24, 2023 (GLOBE NEWSWIRE) -- Lantheus Holdings, Inc. (“Lantheus”) (NASDAQ: LNTH), a company committed to improving patient outcomes through diagnostics, radiothe...

8 months ago - GlobeNewsWire