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Stock impact report

Why Is Argenx SE (ARGX) Among the Best High Growth Healthcare Stocks to Invest In Now? [Yahoo! Finance]

argenx SE - American Depositary Shares (ARGX) 
Company Research Source: Yahoo! Finance
The pharmaceutical, medical equipment and supplies, robotics, biotechnology, and neurodegenerative illnesses sub-spaces are the primary areas to watch in the healthcare industry, with the emergence and development of glucagon-like Peptide-1 agonists (GLP-1s) being a key trend in the pharmaceutical industry. (Source: Centers for Medicare and Medicaid Services, World Health Organization) Argenx SE (NASDAQ:ARGX) is a global biotechnology company specializing in developing antibody-based therapies for autoimmune diseases and cancer. Its flagship product VYVGART (efgartigimod) is leading the charge, and the company reported strong Q3 2024 results with total operating income of $589 million and product net sales of $573 million, reflecting 20% quarter-over-quarter and 74% year-over-year growth. (Source: Argenx SE Q3 2024 results) Street analysts hold a consensus Strong Buy rating on the stock, with an average 12-month price target of $665.45 from 23 Wall Street analysts, representing a Show less Read more
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