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Ardelyx | 8-K: Ardelyx Reports Second Quarter 2024 Financial Results and Provides Business Update

Ardelyx | 8-K: Ardelyx Reports Second Quarter 2024 Financial Results and Provides Business Update

Ardelyx | 8-K:Ardelyx 公布2024年第二季度财务业绩并提供业务最新情况
美股SEC公告 ·  2024/08/02 04:10

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Ardelyx reported robust Q2 2024 financial results with total revenue reaching $73.2M, driven by strong performance of both flagship products. IBSRELA generated $35.4M in net sales, showing 25% QoQ growth, while XPHOZAH contributed $37.1M, significantly up from $15.2M in Q1 2024. The company maintains its full-year 2024 IBSRELA revenue guidance of $140-150M.The company ended Q2 with $186M in cash and investments. R&D expenses were $12.8M, up from $8.3M YoY, while SG&A expenses increased to $64.7M from $27.2M, primarily due to commercialization efforts. Net loss for the quarter was $16.5M, or $0.07 per share.Ardelyx is actively addressing CMS's proposed inclusion of oral-only phosphate lowering therapies in the ESRD PPS, which could restrict XPHOZAH access. The company has filed a lawsuit against CMS in partnership with kidney patient advocacy groups, aiming to protect patient access to treatment options.
Ardelyx reported robust Q2 2024 financial results with total revenue reaching $73.2M, driven by strong performance of both flagship products. IBSRELA generated $35.4M in net sales, showing 25% QoQ growth, while XPHOZAH contributed $37.1M, significantly up from $15.2M in Q1 2024. The company maintains its full-year 2024 IBSRELA revenue guidance of $140-150M.The company ended Q2 with $186M in cash and investments. R&D expenses were $12.8M, up from $8.3M YoY, while SG&A expenses increased to $64.7M from $27.2M, primarily due to commercialization efforts. Net loss for the quarter was $16.5M, or $0.07 per share.Ardelyx is actively addressing CMS's proposed inclusion of oral-only phosphate lowering therapies in the ESRD PPS, which could restrict XPHOZAH access. The company has filed a lawsuit against CMS in partnership with kidney patient advocacy groups, aiming to protect patient access to treatment options.
Ardelyx公布了2024年第二季度强劲的财务业绩,总营业收入达到7320万美元,主要得益于两款旗舰产品的强劲表现。IBSRELA的净销售额为3540万美元,环比增长25%,而XPHOZAH的贡献为3710万美元,显著高于2024年第一季度的1520万美元。公司维持2024年全年的IBSRELA营业收入指导为14000-15000万美元。该公司在第二季度末现金和投资总额为18600万美元。研发支出为1280万美元,同比增长830万美元,而SG&A支出从2720万美元增加到6470万美元,主要是由于商业化努力。该季度净亏损为1650万美元,或每股0.07美元。Ardelyx正在积极应对CMS提议将在ESRD PPS中纳入仅口服的磷降低疗法,这可能限制XPHOZAH的接入。该公司已与肾脏患者倡导团体合作,对CMS提起诉讼,旨在保护患者的治疗期权。
Ardelyx公布了2024年第二季度强劲的财务业绩,总营业收入达到7320万美元,主要得益于两款旗舰产品的强劲表现。IBSRELA的净销售额为3540万美元,环比增长25%,而XPHOZAH的贡献为3710万美元,显著高于2024年第一季度的1520万美元。公司维持2024年全年的IBSRELA营业收入指导为14000-15000万美元。该公司在第二季度末现金和投资总额为18600万美元。研发支出为1280万美元,同比增长830万美元,而SG&A支出从2720万美元增加到6470万美元,主要是由于商业化努力。该季度净亏损为1650万美元,或每股0.07美元。Ardelyx正在积极应对CMS提议将在ESRD PPS中纳入仅口服的磷降低疗法,这可能限制XPHOZAH的接入。该公司已与肾脏患者倡导团体合作,对CMS提起诉讼,旨在保护患者的治疗期权。
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