Strong ORLADEYO Revenue Growth
ORLADEYO revenue increased by 37% year-over-year to $159.1 million, with $141.6 million coming from the U.S. market.
Financial Position Enhancement
Closed the sale of the European business, paid off Pharmakon debt, and entered a financing partnership with Blackstone, providing up to $400 million in cash.
Pipeline Expansion and Progress
Announced the proposed acquisition of Astria Therapeutics, adding navenibart to the pipeline, and shared positive preliminary data on BCX17725 for Netherton syndrome.
Raised ORLADEYO Revenue Guidance
Increased revenue guidance to between $590 million and $600 million for the year, even after selling the European operations.
Positive Financial Performance
Non-GAAP operating profit increased by 107% year-over-year, with a non-GAAP net income of $35.6 million and a strong cash balance of $269 million.