Xenon Pharmaceuticals Inc., a neuroscience-focused biopharmaceutical company, engages in the development of therapeutics to treat patients with neurological disorders in Canada. Its clinical development pipeline includes XEN1101, a novel and potent Kv7 potassium channel opener, which is in Phase 3 clinical trials for the treatment of epilepsy and other neurological disorders. The company has a license and collaboration agreement with the Neurocrine Biosciences, Inc. for the development of NBI-921352, a selective Nav1.6 sodium channel inhibitor that is in Phase 2 clinical trials for the treatment of SCN8A developmental and epileptic encephalopathy, and other indications, including adult focal epilepsy. Xenon Pharmaceuticals Inc. was incorporated in 1996 and is headquartered in Burnaby, Canada.
Azetukalner's Promise | Xenon's lead drug candidate shows potential in epilepsy and major depressive disorder, with pivotal Phase III trials underway and expansion into new markets |
Clinical Milestones | Key readouts expected in 2025 could significantly impact Xenon's valuation, with analysts anticipating increased investor interest as trial results approach |
Market Opportunity | Analysts estimate a combined commercial potential exceeding $1 billion for azetukalner in epilepsy and MDD, highlighting substantial growth prospects |
Analyst Perspectives | RBC Capital Markets maintains an Outperform rating with a $55.00 price target, reflecting confidence in Xenon's clinical progress and market potential |
Metrics to compare | XENE | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipXENEPeersSector | |
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P/E Ratio | −15.3x | −4.7x | −0.7x | |
PEG Ratio | 2.86 | −0.09 | 0.00 | |
Price/Book | 4.1x | −0.7x | 2.6x | |
Price / LTM Sales | - | 0.8x | 3.2x | |
Upside (Analyst Target) | 38.0% | 634.0% | 46.6% | |
Fair Value Upside | Unlock | −3.3% | 7.4% | Unlock |