Record Revenue Achievement
Achieved highest ever revenue for the quarter at over $1.1 billion, driven by robust growth from Xywav, Epidiolex, and the launch of Modeyso.
FDA Approvals and Product Launches
Received FDA approvals for Modeyso and Zepzelca; Modeyso generated $11 million in net product sales shortly after approval.
Strong Performance of Key Products
Xywav net product sales grew 11% year-over-year to $431 million. Epidiolex net product sales were $303 million, a 20% increase compared to the third quarter of 2024.
Pipeline and Strategic Developments
Strengthened epilepsy pipeline through a licensing agreement with Saniona. Upcoming top line results from the Phase III zanidatamab HERIZON trial in GEA expected later this quarter.
Litigation Settlements
Reached settlement agreements across Xyrem antitrust litigation and litigation with Avadel, allowing focus on strategic execution.