Leqembi® revenue totaled JPY 10 billion in the third quarter 2024
BioAge Labs, Inc. (BIOA)
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Source: PR Newswire
STOCKHOLM, Oct. 30, 2024 /PRNewswire/ -- BioArctic AB's (publ) (Nasdaq Stockholm: BIOA B) partner Eisai today published the preliminary global revenue for Leqembi during the third quarter 2024, in conjunction with their partner Biogen's quarterly report. In total, sales of JPY 10 billion were recorded in the quarter, an increase of approximately 60% compared to the previous quarter (Q2 2024: JPY 6.3 billion), resulting in a royalty to BioArctic amounting to approximately SEK 70 million.Eisai serves as the lead of Leqembi development and regulatory submissions globally with both Eisai and Biogen co-commercializing and co-promoting the product and Eisai having final decision-making authority. BioArctic has the right to commercialize lecanemab in the Nordic region and pending European approval Eisai and BioArctic are preparing for a joint commercialization in the region.BioArctic's report for the third quarter 2024 will be published on November 14 at 08.00 a.m. CET.This information is in
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News
- BioAge Labs to Present at Upcoming Investor ConferencesGlobeNewswire
- CHMP issues positive recommendation for approval of lecanemab in the EUPR Newswire
- CHMP issues positive recommendation for approval of lecanemab in the EUPR Newswire
- BioAge Labs Reports Strong Q3 2024 Achievements [Yahoo! Finance]Yahoo! Finance
- Eisai updates Leqembi® outlook for fiscal year 2024 (April 2024 - March 2025). Sales now expected to reach JPY 42.5 billionPR Newswire
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Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- 11/7/24 - Form 10-Q
- BIOA's page on the SEC website