secwatch / observer
8-K filed July 18, 2023, 7:59 PM ET ticker ACAD CIK 0001070494
other material confidence high sentiment positive materiality 0.75

Acadia expands trofinetide rights globally; Q2 DAYBUE net sales $21-23M

ACADIA PHARMACEUTICALS INC

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ACADIA PHARMACEUTICALS INC reported second quarter of 2023 results: revenue $140 to $144 million. Guidance reaffirmed.

Period
second quarter of 2023
Revenue
$140 to $144 million
Guidance
reaffirmed
Result
preliminary results
Exact text from the filing
DAYBUE 2Q 2023 preliminary net sales: $21 to $23 million.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ACADIA PHARMACEUTICALS INC reported second quarter of 2023 results: revenue $140 to $144 million. Guidance reaffirmed.

Period
second quarter of 2023
Revenue
$140 to $144 million
Guidance
reaffirmed
Result
preliminary results
Exact text from the filing
NUPLAZID 2Q 2023 preliminary net sales: $140 to $144 million.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.99

ACADIA PHARMACEUTICALS INC entered into Joint Venture and License Agreement with Neuren Pharmaceuticals Limited valued at upfront payment $100.0 million; milestone payments up to $405.0 million per product; tiered double-d (effective 2023-07-13).

Action
entry
Agreement
license
Counterparty
Neuren Pharmaceuticals Limited
Value
upfront payment $100.0 million; milestone payments up to $405.0 million per product; tiered double-d
Effective
2023-07-13
Exact text from the filing
On July 13, 2023, Acadia Pharmaceuticals Inc. (the “Company”) and Neuren Pharmaceuticals Limited (“Neuren”) entered into a joint venture and license agreement (the “License Agreement”) for the global commercialization and development of trofinetide and of Neuren’s development candidate NNZ-2591.
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-23-188839
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