Record Revenue and Growth
ANI Pharmaceuticals reported record revenue of $197.1 million for Q1 2025, a 43% year-over-year increase on an as-reported basis and 32% on an organic basis. This performance was driven by exceptional growth in generics, Cortrophin Gel, and the brands portfolio.
Increased 2025 Guidance
Based on the strong performance in Q1, ANI Pharmaceuticals raised its 2025 revenue guidance to $768 million to $793 million, representing growth of 25% to 29% over 2024.
Cortrophin Gel Growth
Cortrophin Gel generated $52.9 million in Q1 revenue, up 43% from the first quarter of 2024. The company expects Cortrophin Gel revenues to increase 34% to 38% for the year.
Generics Business Performance
The generics segment delivered strong Q1 revenue of $98.7 million, an increase of 41% over Q1 2024, driven by new product launches and strong base business execution.
Strategic Investments and New Approvals
ANI made strategic moves including the buyout of the royalty obligation on ILUVIEN and YUTIQ, and launched a pre-filled syringe for Cortrophin Gel, which received positive feedback.