earnings
confidence high
sentiment neutral
materiality 0.70
Travere Q4 net product sales $39.9M, FILSPARI PSFs total 1,452 in 2023; sNDA filing imminent
Travere Therapeutics, Inc.
2023-FY EPS reported
-$1.50
revenue$145,238,000
- Net product sales of $39.9M in Q4 2023 ($127.5M FY); driven by FILSPARI launch ($14.7M Q4).
- Q4 2023 net loss $90.2M ($1.18/sh); cash and equivalents $566.9M at Dec 31, 2023.
- Received 459 new patient start forms for FILSPARI in Q4; total 1,452 PSFs since Feb 2023 approval.
- Expects to submit sNDA for full U.S. approval of FILSPARI in IgAN in Q1 2024; CHMP opinion on EU CMA also Q1.
- Pivotal Phase 3 HARMONY study of pegtibatinase in HCU enrolling; topline data expected in 2026.