Strong Financial Performance
Q1 2025 saw a 26% growth in product revenue and a 20% increase in total revenues year over year, reaching $1.05 billion.
Successful Product Launches
Nikkynvo and Nick Timbo launched successfully, contributing $14 million in net product revenues in Q1 2025.
Jakafi Revenue Growth
Jakafi net product revenue grew 24% year over year to $709 million, with total patients increasing by 10%.
Opselura Growth
Opselura's Q1 net product revenue was $119 million, up 38% from the same quarter last year, driven by growth in the US and European markets.
Positive R&D Progress
Significant progress with positive data readouts in pivotal studies for HS and proof of concept in CSU.
Strong Cash Position
The company's cash position at the end of Q1 2025 was $2.4 billion.