Brief: Idorsia Announces Financial Results For The First Half 2024

Idorsia

25/07/2024 06:05

July 25 (Reuters) - IDORSIA LTD  IDIA.S :
    * ANNOUNCES FINANCIAL RESULTS FOR THE FIRST HALF 2024
    * FOR 2024 - EXCLUDING UNFORESEEN EVENTS - COMPANY EXPECTS
QUVIVIQ
NET SALES OF AROUND CHF 55 MILLION
    * OUTLOOK 2024 SG&A EXPENSES OF AROUND CHF 300 MILLION
    * OUTLOOK 2024 RESEARCH AND DEVELOPMENT EXPENSE OF AROUND
CHF 145
MILLION FOR IDORSIA-LED PIPELINE ASSETS
    * OUTLOOK 2024 NON-GAAP OPERATING EXPENSES OF UP TO CHF 455
MILLION
    * OUTLOOK 2024 THIS PERFORMANCE WOULD RESULT IN A NON-GAAP
OPERATING LOSS OF AROUND CHF 400 MILLION (EXCLUDING CONTRACT
REVENUES AND ONE-OFF BENEFIT FROM VIATRIS DEAL)

Source text for Eikon:  ID:nGNE8PsyCt 
Further company coverage:  IDIA.S 

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