Strong Financial Performance
Total revenue grew by 19%, with operating profit increasing by 56%. Recurring revenue also rose by 27%, driven by strong product sales from EPKINLY and Tivdak.
Positive Phase III EPCORE-FL1 Trial Results
The EPCORE-FL1 trial met its dual primary endpoints, reducing the risk of disease progression or death by 79%. This supports global regulatory submissions and highlights the potential to transform treatment paradigms.
Continued Commercial Success
EPKINLY and Tivdak sales grew by 60% year-over-year, contributing 31% of total revenue growth. EPKINLY posted a 74% increase in global sales.
Expanded Pipeline and Strategic Investments
The company is investing in high-impact programs with plans for additional Phase III trials for Rina-S and evaluating acasunlimab in advanced melanoma.
Improved 2025 Financial Guidance
Revenue guidance increased to $3.5 billion to $3.7 billion, reflecting a robust 15% growth at the midpoint.