Strong Revenue Growth and Strategic Transactions
Q2 net revenue reached $25.9 million, with a 26% quarter-over-quarter increase in product net revenue for MIPLYFFA. The sale of a PRV for $150 million strengthened the balance sheet.
Successful MIPLYFFA Launch
MIPLYFFA achieved a total of 129 prescription forms by the end of Q2, covering over one-third of diagnosed Niemann-Pick Disease Type C patients in the U.S. The launch reflected robust demand and effective operational execution.
European Expansion and Regulatory Milestones
Submission of the marketing authorization application for arimoclomol in Europe marked a significant milestone, with the European market estimated to have 1,100 people living with NPC.
Financial Strength and Non-Dilutive Capital
Zevra reported $217.7 million in cash, cash equivalents, and investments, bolstered by the PRV sale, providing a strong financial position.