Hls Therapeutics (TSE:HLS) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
HLS Therapeutics reported a decline in their Q1 2024 financial results with revenue at $12.5 million, alongside a significant decrease in royalty revenues. Despite a 54% increase in Vascepa unit demand and a 112% rise in consistent prescribers, CEO Craig Millian announced the end of a promotional agreement with Pfizer and expressed the need for bold action to achieve profitability for Vascepa by year-end.
For further insights into TSE:HLS stock, check out TipRanks’ Stock Analysis page.