Double-Digit Revenue Growth
Total revenues, excluding Trokendi XR and Oxtellar XR, increased by 26% in the first quarter compared to the same quarter last year.
Qelbree Performance
Qelbree grew by 22% in prescriptions and by 44% in net sales. Monthly prescriptions in March reached an all-time high of 75,277, up 25% compared to the same period last year.
GOCOVRI Growth
Prescriptions for GOCOVRI increased by 12% and net sales increased by 16% compared to the same quarter last year, with Medicare prescriptions costing patients less than $25 for 84% of prescriptions.
Launch of ONAPGO
Launched ONAPGO, a new growth product for Parkinson's disease, with initial positive response from physicians and more than 75% of sales territories generating patient enrollment forms.
Strong Cash Position
The company had approximately $463.6 million in cash, cash equivalents, and marketable securities, maintaining a strong balance sheet.