Overview
Sweden specialty pharma's Q1 net revenue rose yr/yr, losses narrowed across key metrics
Company expanded Karo Healthcare partnership with exclusive license for APAC markets
Approval of additional terbinafine supplier ensures stable supply for global expansion
Outlook
Company says launch timing in new markets depends on regulatory approvals and market conditions
Moberg Pharma may not be able to use Lamisil brand in all new markets
Company is preparing for launches in additional countries as regulatory approvals progress
Result Drivers
NORDIC MARKET SHARE GAINS - Co said Terclara achieved higher market share in Sweden and Norway, with significant yr/yr increases in both value and unit sales
SUPPLY CHAIN STRENGTHENED - Approval of an additional terbinafine supplier ensures stable and scalable access to active substance for global expansion
PARTNERSHIP-LED EXPANSION - Expanded agreement with Karo Healthcare enables entry into APAC markets without building own infrastructure, reducing risk
Company press release: ID:nWkr2wQSGl
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
-SEK 0.03
Q1 Net Income
-SEK 1.30 mln
Q1 EBIT
-SEK 1.90 mln
Q1 EBITDA
-SEK 1.50 mln
Analyst Coverage
Wall Street's median 12-month price target for Moberg Pharma AB (publ) is SEK13.00, about 18.2% above its May 11 closing price of SEK11.00
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)