2308 ET - Royalty revenue flowing to Neuren Pharmaceuticals from U.S. sales of the Daybue treatment for Rett Syndrome last year beat Macquarie's expectations. Acadia Pharmaceuticals, Neuren's partner, said U.S. net sales of Daybue totaled US$391 million in 2025. That was above the US$350 million of sales achieved in 2024. Macquarie says the sales outcome translates to A$65.0 million in royalties for Neuren, up 15% on year. This is 1.5% higher than its forecast of A$64.0 million. "Royalty revenue ahead of expectations, driven by growth in new patient prescriptions," Macquarie says. "Neuren's strong cash position enables pipeline acceleration, potentially providing significant long-term upside." It has an outperform call on Neuren. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
March 03, 2026 18:08 ET (23:08 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.