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Solasia Pharma Cuts FY2025 Sales Outlook on China Delays and License Changes

Story Highlights
  • Solasia Pharma slashed its FY2025 sales forecast to ¥400 million amid delays in recognizing China Sancuso revenue and canceled licensing income for DARVIAS and Episil.
  • Uncertainty over future China agreements and the return of some unrecognized Episil fees will mainly depress near-term revenue without immediately impacting reported profit or loss.
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Solasia Pharma Cuts FY2025 Sales Outlook on China Delays and License Changes

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The latest announcement is out from Solasia Pharma KK ( (JP:4597) ).

Solasia Pharma has revised downward its full-year earnings forecast for the fiscal year ending December 2025, cutting projected sales revenue by ¥900 million to ¥400 million. The revision is driven primarily by delays in recognizing product sales of Sancuso in China due to extended customs and testing procedures following a manufacturing site change, the termination of a license agreement with FIREBIRD BIOLOGICS that eliminates expected upfront and milestone payments for DARVIAS and Episil, and the decision to exclude from its outlook any revenue tied to yet-unconcluded technology transfer and commercial license agreements for Sancuso in China beyond 2026. In addition, the company will return part of unrecognized upfront revenue from a Chinese Episil license with GenSci, though this will not affect profit or loss, underscoring that the main impact of these changes is a near-term revenue shortfall rather than an immediate hit to reported earnings, and highlighting ongoing uncertainty around the timing and structure of Solasia’s China-related partnership income.

More about Solasia Pharma KK

Solasia Pharma K.K. is a Japan-based biopharmaceutical company listed on the Tokyo Stock Exchange Growth Section that focuses on developing and commercializing specialty oncology-related therapies. Its portfolio includes products such as Sancuso (SP-01), a transdermal antiemetic patch, DARVIAS (SP-02), and Episil (SP-03), with a significant commercial focus on the Chinese market through licensing and partnership agreements.

Average Trading Volume: 50,107,186

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen7.56B

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