Successful U.S. Launch of HEPZATO
Generated $32.3 million of HEPZATO revenue in the U.S. for 2024, including $13.7 million in Q4 from 14 active U.S. treatment centers.
Positive Financial Performance
Achieved $4.6 million in positive adjusted EBITDA in Q4, a first for the company. Ended the year with $53.2 million in cash and investments with no debt.
European Growth
European revenue growth of 137% over 2023, with Germany up 75% and other markets including the UK and Turkey doubling year-over-year.
Expansion of Treatment Centers
Activated three new U.S. treatment centers in Q4, bringing the total to 16 active centers, with plans to reach 30 centers by year-end 2025.
Strategic R&D Initiatives
Received FDA clearance for a Phase 2 trial in metastatic CRC and planning a Phase 2 trial in metastatic breast cancer.