earnings
confidence high
sentiment positive
materiality 0.80
Travere reports ~$74M preliminary Q4 net product sales; FILSPARI PSFs up 40% QoQ
Travere Therapeutics, Inc.
2024-FY EPS reported
-$4.08
revenue$233,175,000
- Preliminary Q4 2024 FILSPARI net sales ~$50M; total Q4 net product sales ~$74M; FY2024 ~$227M.
- Received 693 new FILSPARI patient start forms in Q4, a 40% sequential increase in net sales vs Q3.
- Cash, equivalents and marketable securities ~$371M at year-end 2024.
- FDA accepted sNDA to modify liver monitoring for FILSPARI in IgAN; PDUFA date Aug 28, 2025.
- On track for FSGS regulatory pathway update by Q4 2024 earnings call; partner CSL Vifor milestone $17.5M upon European full approval.