Kiniksa Pharmaceuticals Reports Preliminary 2024 Net Product Revenue and Provides 2025 Net Product Revenue Guidance
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Kiniksa Pharmaceuticals reported preliminary 2024 net product revenue for ARCALYST at $416.4 million, marking a 79% year-over-year growth. The company projects 2025 revenue for ARCALYST to be between $560 and $580 million and expects to remain cash flow positive annually.
January 13, 2025 | 12:45 pm
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Kiniksa Pharmaceuticals reported strong preliminary 2024 revenue for ARCALYST, with a 79% increase from the previous year. The company also provided optimistic guidance for 2025, expecting revenue to reach $560-$580 million. Kiniksa anticipates remaining cash flow positive.
The significant year-over-year growth in ARCALYST revenue and positive guidance for 2025 suggest strong performance and potential investor confidence in Kiniksa Pharmaceuticals. The expectation of remaining cash flow positive further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100