Incyte Corp (STU:ICY)
€ 100.3 -0.15 (-0.15%) Market Cap: 20.15 Bil Enterprise Value: 16.66 Bil PE Ratio: 16.23 PB Ratio: 4.09 GF Score: 87/100

Incyte Corp at TD Cowen Healthcare Conference Transcript

Mar 02, 2026 / 03:30PM GMT
Release Date Price: €85.46 (-0.16%)
Marc Frahm
Cowen and Company LLC - Analyst

All right. Welcome back to the 46 Annual TD Cowen Healthcare Conference. Really happy to have the next session here with -- I'm Marc Frahm from the biotech team here at TD Cowen, and we're really happy to have the next session, Incyte with Bill Meury, the CEO, to join.

Questions & Answers

Marc Frahm
Cowen and Company LLC - Analyst

Maybe just start off with, Bill, do you want to -- just give a kind of high-level kind of staff up at the company? What do you think the kind of key value creation events for investors will be over the next 12 to 24 months?

Bill Meury
Incyte Corp - President, Chief Executive Officer, Director

Yes, sure. Thanks, Marc. I think about the business in three parts. Part one is we're focused on our core business ex Jakafi, which in 2025, finished at about $1.2 billion. We estimate by the end of '26, it could approach about $1.7 billion.

When we go out to 2030, we have a target for that business of $3 billion to $4 billion, which is

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