Incyte Corp

INCY: XNAS (USA)
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Incyte Earnings: Sales Rise Thanks to Strong Demand for Jakafi and Opzelura; Shares Rise 10%

Incyte reported 16% revenue growth in the second quarter. Management raised its revenue guidance by 1.7% at the midpoint for its leading hematology drug, Jakafi, which accounted for 63% of quarterly revenue. Investors reacted favorably and sent the stock up 10%.

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