Strong Global Launch of Eurvipath
Eurvipath achieved €143 million in revenue for Q3, with over 4,250 patients prescribed in the US by more than 2,000 healthcare providers. Insurance approval rates are around 70%, and Eurvipath is available in over 30 countries.
Positive Operating Profit
Ascendis Pharma reported a positive operating profit of €11 million in Q3, indicating a transformation in their financial profile with sustained revenue and cash flow growth.
Regulatory Approvals and Progress
FDA approval for TransCon Growth Hormone for adult growth hormone deficiency in the US and MAA authorization in the EU for pediatric growth hormone deficiency. TransCon CNP is under priority review in the US with a PDUFA date of November 30.
Expansion of Commercial Activities
Skytrofa revenue was €51 million, and the company initiated a Phase 3 basket trial for Skytrofa. TransCon CNP achieved significant trial results showing improvement in linear growth and other health metrics.