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Tarsus Pharmaceuticals Inc (TARS) Q3 2024 Earnings Call Highlights: Record Sales and Strategic ... [Yahoo! Finance]

Tarsus Pharmaceuticals, Inc. (TARS) 
Company Research Source: Yahoo! Finance
Gross Margin: Approximately 93% for the third quarter. Gross to Net Discount: Approximately 40%, with an adjustment leading to a reduction of about 3% or $2 million. Operating Expenses: Approximately $73.3 million for the third quarter. Cash and Marketable Securities: $317 million at the end of the third quarter. Sales Force Expansion: Increased from approximately 100 to 150 by the end of the third quarter. Coverage: Secured additional commercial and two large Medicare contracts, covering more than 80% of patient lives. Fourth Quarter Guidance: Expected 50,000 to 55,000 bottles to be delivered to patients. Expected Gross to Net Discount: Range of approximately 42% to 46% for the fourth quarter. Warning! GuruFocus has detected 5 Warning Signs with TARS. Release Date: November 13, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Tarsus Pharmaceuticals Inc ( NASDAQ:TARS ) reported its most successful quarter t Show less Read more
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