Strong Performance and Growth of YUPELRI
YUPELRI delivered solid results in the quarter with net sales increasing 6% to just over $58 million. Hospital doses increased 48% year on year, marking the strongest quarter launched to date in the hospital setting.
Trelegy Sales and Milestone Progress
GSK reported Trelegy global net sales up 14%, putting the company on track to achieve a $50 million milestone in 2025. Consensus estimates for 2025 and 2026 sales have increased by approximately $100 million since the last earnings call.
Financial Strength and Cash Position
Theravance ended the quarter with $131 million in cash and no debt, reflecting a strong financial position.
Advancement in Ampreloxetine Trials
Significant progress in the Sypris Phase III trial for ampreloxetine, with enrollment expected to complete by late summer and top-line data available approximately six months later.
Potential Long-term Value from Trelegy Royalties
Royalties from Trelegy expected to return in 2029 with significant value anticipated due to strong brand performance.