France's Poxel Q2 revenue rises on higher TWYMEEG royalties
France's Poxel Q2 revenue rises on higher TWYMEEG royalties
Overview
France biopharma firm's Q2 revenue rose 23% yr/yr, driven by higher TWYMEEG royalties
TWYMEEG net sales in Japan grew 32% yr/yr, supporting royalty growth
Company postponed 2025 financial statements due to debt valuation complexities
Outlook
Sumitomo Pharma forecasts TWYMEEG net sales to exceed 10 bln yen in 2026 financial yr
Company expects moderate double-digit growth in TWYMEEG sales for 2026 financial yr
Poxel expects to receive 12% royalties on TWYMEEG net sales in 2026 financial yr
Result Drivers
TWYMEEG ROYALTIES - Q2 revenue growth was driven by higher royalties from TWYMEEG sales in Japan
Company press release: ID:nBw8vyw7da
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| EUR 1.24 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.)
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