Y-mAbs Q3 DANYELZA Net Product Revenues $20M, Up 59% YoY
Portfolio Pulse from Benzinga Newsdesk
Y-mAbs Therapeutics reported a 59% year-over-year increase in Q3 net product revenues for DANYELZA, totaling $20 million. This growth indicates a strong market uptake and positive performance for the company's product.
November 13, 2023 | 9:06 pm
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Y-mAbs Therapeutics' Q3 earnings show a significant increase in DANYELZA net product revenues, which could positively influence investor sentiment and the stock price in the short term.
The reported 59% increase in net product revenues for DANYELZA by Y-mAbs Therapeutics is a strong indicator of the product's success and market acceptance. This substantial growth is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term. The news directly pertains to Y-mAbs and is critical for investors as it reflects the company's financial health and growth trajectory.
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