BUZZ-BridgeBio gains as Q1 sales of heart condition drug beat estimates

Reuters
04-30
BUZZ-BridgeBio gains as Q1 sales of heart condition drug beat estimates

** Shares of drugmaker BridgeBio Pharma BBIO.O rise 7.08% to $39 after market

** Co posts Q1 Attruby sales of $36.7 million, beating estimates of $13.10 million, according to data compiled by LSEG

** Attruby is used to treat adults with transthyretin amyloid cardiomyopathy (ATTR-CM), in which faulty transthyretin proteins accumulate in the heart and can cause the organ to fail

** As of April 25, 2,072 unique patient prescriptions for Attruby have been written by 756 healthcare providers since FDA approval in November 2024

** Attruby launch continues to be strong so far and has raised market expectations — BMO Capital Markets

** Stock up ~32% YTD

(Reporting by Sriparna Roy in Bengaluru)

((Sriparna.Roy@thomsonreuters.com;))

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