Strong Revenue Growth
Total revenue for the third quarter was $71.6 million, representing a 45% increase over the same period in 2024 and a 12% sequential increase from the second quarter of this year.
VEVYE and IHEEZO Performance
VEVYE delivered 22% quarter-over-quarter revenue growth, and IHEEZO delivered 20% quarter-over-quarter revenue growth, both on track for a record year.
New Coverage Wins for VEVYE
Agreements signed with leading national payers for VEVYE, which will be listed on multiple new formularies with a preferred product status beginning January 2026.
Strategic Expansion
Preparing for 4 product launches over the next 3 years, including BYOOVIZ, OPUVIZ, BYQLOVI, and MELT-300.
Adjusted EBITDA and Operating Leverage
Adjusted EBITDA for the third quarter was $22.7 million. Operating expenses continue to be relatively stable quarter-to-quarter, showing operating leverage within new revenue gains.