other material
confidence high
sentiment positive
materiality 0.75
Zevra closes $150M sale of rare pediatric disease PRV, boosting cash to ~$217M
ZEVRA THERAPEUTICS, INC.
- Closed sale of Rare Pediatric Disease Priority Review Voucher for $150M gross proceeds on April 1, 2025.
- PRV granted by FDA in Sept 2024 following approval of MIPLYFFA for Niemann-Pick disease type C.
- Unaudited cash, cash equivalents and investments at Mar 31, 2025 were $68.7M.
- Pro forma cash after net proceeds of $148.3M is $217M; CFO cites support for MIPLYFFA and OLPRUVA launches and celiprolol Phase 3 trial.