0215 GMT - Andembry, a new treatment for hereditary angioedema from Australia-based CSL, will offer a 20% margin uplift compared with CSL's existing treatment for the condition, say Jefferies analysts David Stanton and Vanessa Thomson. Although Andembry will likely cannibalize sales of the existing treatment, Haegarda, the Jefferies analysts still expect an earnings uplift of US$49 million in FY 2026 from the new product. Andembry was just approved by U.S. health authorities, building on other recent approvals of the treatment in Australia, Europe, Japan and elsewhere. The Jefferies analysts keep a bullish call on CSL, saying the company "looks like it could continue to deliver mid-teen EPS growth." (mike.cherney@wsj.com)
(END) Dow Jones Newswires
June 16, 2025 22:15 ET (02:15 GMT)
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