Kiniksa Expects 2024 Arcalyst Net Product Revenue Of $405M-$415M, Compared To Prior Guidance Of Between $370M-$390M, The Company Expects To Remain Cash Flow Positive On An Annual Basis
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Kiniksa Pharmaceuticals has updated its 2024 net product revenue guidance for Arcalyst to $405M-$415M, up from the previous range of $370M-$390M. The company also expects to remain cash flow positive on an annual basis.
July 23, 2024 | 11:35 am
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Kiniksa Pharmaceuticals has increased its 2024 revenue guidance for Arcalyst, indicating stronger than expected sales. The company also expects to remain cash flow positive, which is a positive sign for investors.
The increase in revenue guidance suggests stronger than expected sales for Arcalyst, which is likely to boost investor confidence. Additionally, the expectation to remain cash flow positive is a positive financial indicator.
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