Overview
France biopharma firm's Q1 2026 revenue rose 20% yr/yr to €1.277 mln
Growth driven by 36% increase in TWYMEEG net sales in Japan
Company expanded TWYMEEG prescribing info for patients with renal impairment in Japan
Outlook
Sumitomo Pharma expects moderate double-digit growth slightly above 10% in TWYMEEG sales for FY 2026
Sumitomo Pharma expects TWYMEEG net sales to exceed JPY 10 bln in FY 2026
Poxel expects to receive 12% royalties and a JPY 1 bln milestone payment if sales exceed JPY 10 bln
Result Drivers
TWYMEEG SALES GROWTH - Q1 revenue growth driven by 36% increase in TWYMEEG net sales in Japan
RENAL IMPAIRMENT LABEL EXPANSION - Regulatory approval enabled promotion of TWYMEEG for patients with renal impairment, expanding eligible population
Company press release: ID:nBwbn9Z5Ka
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 1.28 mln
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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.)