
What smart money is saying about Neurocrine Biosciences
1 fund in our archive has pitched Neurocrine Biosciences, most recently Harding Loevner Global Equity in September 2026.
Neurocrine Biosciences, Inc. is a pharmaceutical firm dedicated to the creation, advancement, and commercialization of medicines addressing a spectrum of neurological, endocrine, and psychiatric conditions. Its current therapeutic pipeline and marketed products target disorders such as tardive dyskinesia, Parkinson's disease, endometriosis, and uterine fibroids, alongside numerous experimental compounds in various clinical stages. The company's primary commercial asset is INGREZZA, a VMAT2 inhibitor indicated for the management of tardive dyskinesia. Other available treatments include ONGENTYS, which serves as an auxiliary therapy for individuals with Parkinson's disease who are also receiving levodopa/DOPA decarboxylase inhibitors; ORILISSA, prescribed for the alleviation of moderate to severe pain linked with endometriosis in women; and ORIAHNN, an oral, non-surgical option for pre-menopausal women experiencing significant menstrual bleeding associated with uterine fibroids. Furthermore, Neurocrine is actively progressing a number of drug candidates through clinical development. These include NBI-921352 for treating pediatric patients and adult focal epilepsy; NBI-827104, designed to address rare pediatric epilepsy and essential tremor; NBI-1065845 for major depressive disorder; NBI-1065846 specifically for anhedonia within major depressive disorder; and NBI-118568 for the treatment of schizophrenia. The company also maintains strategic licensing and collaborative ventures with partners such as Heptares Therapeutics Limited, Takeda Pharmaceutical Company Limited, Idorsia Pharmaceuticals Ltd, Xenon Pharmaceuticals Inc., Voyager Therapeutics, Inc., BIAL Portela & Ca, S.A., Mitsubishi Tanabe Pharma Corporation, and AbbVie Inc. Neurocrine Biosciences, Inc. was founded in 1992 and operates from its headquarters in San Diego, California.
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Position history
Between Q1 2026 and Q3 2026, 4 fund letters reported a position in Neurocrine Biosciences, with 1 buy (opened or added) and 1 sell (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 3 | 1 | 0 | 1 |
| Q1 2026 | 1 | 0 | 1 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 4 positions · 4 moves
- New positionHarding Loevner Global Equity ADRSeptember 2026
“Health Care positioning has also evolved, most recently with the purchase of Neurocrine Biosciences.”
Neurocrine Biosciences - New positionHarding Loevner Global EquitySeptember 2026
“Health Care positioning has also evolved, most recently with the purchase of Neurocrine Biosciences.”
Neurocrine Biosciences - New positionHarding Loevner Global Developed Markets EquitySeptember 2026
“Health Care positioning has also evolved, most recently with the purchase of Neurocrine Biosciences.”
Neurocrine Biosciences - March 2026
“We exited our position in Littelfuse, Inc. (LFUS) following significant price appreciation to fund other ideas in the portfolio. Modine Manufacturing Company (MOD) was a strong investment for us. Excitement around the growth of the company's data center cooling business has taken shares to a high valuation, and we exited to fund ideas with better risk/return potential. We exited Neurocrine Biosciences, Inc. (NBIX) after the risk/reward no longer made sense.”
Neurocrine Biosciences
Fund coverage · 1 thesis
- Harding Loevner Global EquitySeptember 2026
Neurocrine Biosciences has two franchises, including Ingrezza and a promising Crenessity franchise, and trades at a relatively modest valuation.
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