Revenue Growth
Total revenues increased to $19 million, representing a 17% growth from the previous year, driven by strong performance of EGRIFTA SV.
EGRIFTA SV Recovery and Transition Plan
Following a drug shortage, EGRIFTA SV resumed distribution, with new enrollments up 15% in Q1 compared to last year. The transition to the new F8 formulation is planned for completion by early 2026.
Positive Adjusted EBITDA
The company reported a positive adjusted EBITDA of $2.3 million, up from a loss of $247,000 last year.
New Formulation Approval
Approval of the F8 Formulation of Tesamorelin, which requires less frequent reconstitution and is expected to improve patient adherence and experience.
Research and Development Progress
Data from the PROMISE-U.S. and VAMOS studies presented, highlighting the efficacy and safety of ibalizumab and the importance of EVAF in cardiovascular risk assessment in HIV patients.