Invivyd Sees FY24 Initial PEMGARDA Net Product Revenue $150M-$200M
Portfolio Pulse from Benzinga Newsdesk
Invivyd projects its FY24 initial net product revenue for PEMGARDA to be between $150M and $200M.
April 04, 2024 | 8:05 pm
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POSITIVE IMPACT
Invivyd projects FY24 initial net product revenue for PEMGARDA to be between $150M and $200M.
The projected revenue range for PEMGARDA indicates a positive outlook for Invivyd's financial performance in FY24. This forecast could lead to increased investor confidence and potentially drive up the stock price in the short term, as it reflects strong market demand and successful commercialization efforts for PEMGARDA.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100