Genfit SA (GNFT) has released an update.
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GENFIT SA reported strong first half-year 2024 financial results, with €61.6 million in cash reserves and €59.0 million in revenue, bolstered by a €48.7 million milestone from U.S. sales of its PBC treatment, Iqirvo. The company anticipates additional European momentum with an expected €26.5 million milestone following Iqirvo’s anticipated pricing and reimbursement approval. GENFIT’s advancements in liver disease treatments and diagnostics, alongside positive U.S. market reception, position it optimistically for future developments.
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