Successful Launch of XOLREMDI
X4 Pharmaceuticals launched XOLREMDI for WHIM syndrome, achieving $2.5 million in sales despite only being on the market for 7.5 months since mid-May 2024.
Positive Phase 2 Clinical Trial Results
The Phase 2 trial for mavorixafor in chronic neutropenia showed that the drug was well tolerated and increased mean absolute neutrophil counts, reducing the use of G-CSF.
Progress in International Markets
X4 Pharmaceuticals expanded its reach with two international partnerships and had its MAA accepted by the EMA for mavorixafor.
Strategic Restructuring for Cost Efficiency
A strategic restructuring was implemented to decrease spending by $30 million to $35 million annually, focusing on maximizing the opportunity for mavorixafor in chronic neutropenia.