Neuren Pharmaceuticals Partner Posts 11% Surge in Rett Syndrome Drug Sales in Q1

MT Newswires Live
05-08

Neuren Pharmaceuticals (ASX:NEU) said its partner Acadia Pharmaceuticals reported first-quarter net sales of $84.6 million in the US for its Rett syndrome drug, Daybue, according to a Thursday Australian bourse filing.

The figure represents an 11% increase from last year, the filing said.

Acadia, the company's partner for the development and commercialization of the drug, retained the net sales guidance for the current year of between $380 million and $405 million for the US market.

The company expects US royalties of AU$62 to AU$67 million for the year.

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