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home / news releases / aurinia pharma cheaper now but buyout hopes dashed

AUPH - Aurinia Pharma: Cheaper Now But Buyout Hopes Dashed

Aurinia Pharmaceuticals Inc

2024-03-05 15:27:16 ET

Summary

  • AUPH's strategic review did not result in an acquisition of the company, nor the company acquiring an asset.
  • AUPH has decided to buy back its own stock and focus on Lupkynis.
  • The buyback could provide support for the stock near-term, although a return to strong sales growth would provide better support for the bull thesis.

For further details see:

Aurinia Pharma: Cheaper Now, But Buyout Hopes Dashed
Stock Information
Company Name: Aurinia Pharmaceuticals Inc
Stock Symbol: AUPH
Market: NASDAQ
Website: auriniapharma.com
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