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RDUS - Radius Health Inc News Story

$12.04 -0.5  -4.1%

Last Trade - 18/09/20

Sector
Healthcare
Size
Mid Cap
Market Cap £449.6m
Enterprise Value £517.8m
Revenue £154.5m
Position in Universe 2831st / 6371

BUZZ-Radius Health: Rises on better-than-expected Q2 results

Mon 10th August, 2020 4:22pm
** Drug maker's  RDUS.O  shares rise as much as ~6% to
$12.73 in morning trade
    ** Company posts smaller Q2 loss of 67 cents/share, compared
with analysts' loss expectation of 74 cents/share; product
revenue of $50.1 mln beats estimates of $47.4 mln - Refinitiv
data
    ** Q2 U.S. net sales of TYMLOS, company's first commercial
product, rose 22% compared with a year earlier  urn:newsml:reuters.com:*:nGNX8bbhCp
    ** Company says enrollment in ATOM Phase 3, which is
assessing the efficacy and safety of abaloparatide-SC in men
with osteoporosis, is expected to complete this week     
    ** Stock down ~38% so far this year

 (Reporting by Shreyasee Raj in Bengaluru)
 ((Shreyasee.Raj@thomsonreuters.com;))
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