earnings
confidence high
sentiment positive
materiality 0.85
ARS Pharma reports preliminary Q4 2024 neffy revenue of $6.5M, cash $314M
ARS Pharmaceuticals, Inc.
2024-FY EPS reported
$0.08
revenue$89,149,000
- Preliminary neffy net product revenue for Q4 2024 was approximately $6.5 million, total 2024 revenue $7.1 million since launch on Sept 23.
- Cash, cash equivalents and short-term investments were $314.0 million as of Dec 31, 2024, sufficient for at least three years.
- More than 14,500 neffy two-pack units delivered in Q4 2024; over 3,000 healthcare providers prescribed neffy to date.
- Express Scripts added neffy to commercial formularies in Nov 2024; targeting over 80% commercial coverage by Q3 2025.
- sNDA for neffy 1 mg (children 15-30 kg) has PDUFA date March 6, 2025; launch expected Q2 2025 if approved.