10 Consecutive Quarters of Growth
The company has achieved its 10th consecutive quarter of growth, with revenues up to $4.2 billion, marking a 1% increase compared to the previous year.
Strong Performance of Innovative Portfolio
AUSTEDO revenues reached just below $500 million with a 19% increase, UZEDY grew by 120% to $54 million, and AJOVY saw a 31% increase to $155 million.
Improved Financial Metrics
Adjusted EBITDA increased by 7%, non-GAAP EPS rose by 10%, and free cash flow grew by 47% to $476 million.
Progress in R&D Pipeline
The late-stage pipeline is expected to generate over $10 billion in peak sales, and the company is on track with multiple Phase III programs.
Transformation and Cost Savings
The company is on track to deliver $700 million in net savings by 2027, with 20% of the savings already achieved.