Madrigal Pharma Q3 revenue rises on Rezdiffra demand

Madrigal Pharmaceuticals

04/11/2025 12:25

Overview

Madrigal Q3 revenue rises to $287.3 mln, driven by Rezdiffra demand

Company reports a net loss for Q3 despite revenue growth

Madrigal closes global licensing deal with CSPC Pharma for oral GLP-1

Outlook

Madrigal expects Rezdiffra sales to grow in 2026

Company plans to start clinical trials for oral GLP-1 in H1 2026

Rezdiffra patent protection extends to 2045

Result Drivers

REZDIFFRA DEMAND - Increased demand for Rezdiffra drives Q3 revenue growth to $287.3 mln

GLOBAL LICENSING DEAL - Madrigal closed a global licensing agreement with CSPC Pharma for an oral GLP-1 receptor agonist

GERMANY LAUNCH - Madrigal launched Rezdiffra in Germany following European Commission approval

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Product Revenue
$287.26 mln
Q3 EPS
-$5.08
Q3 Net Income
-$114.19 mln
Q3 Operating Expenses
$401.24 mln
Q3 Operating Income
-$113.97 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the biotechnology & medical research peer group is "buy"

Wall Street's median 12-month price target for Madrigal Pharmaceuticals Inc is $524.50, about 21.4% above its November 3 closing price of $412.35

Press Release: ID:nGNX7NCFYf

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)