tiprankstipranks
Company Announcements

Ascendis Pharma Reports Strong 2024 Financial Results and Future Growth Plans

Story Highlights
Ascendis Pharma Reports Strong 2024 Financial Results and Future Growth Plans

Discover the Best Stocks and Maximize Your Portfolio:

Ascendis Pharma ( (ASND) ) just unveiled an update.

On February 12, 2025, Ascendis Pharma announced its financial results for the year ending December 31, 2024. The company reported significant revenue growth, driven by the strong launch of YORVIPATH in the U.S. and anticipated further expansion in Europe. SKYTROFA has solidified its leading position in the U.S. growth hormone market. Ascendis plans to submit an NDA for TransCon CNP for achondroplasia in Q1 2025 and expand its product pipeline with new trials and market launches in 2025. The company also entered into an exclusive licensing agreement with Novo Nordisk, strengthening its financial position and supporting its vision to become a leading biopharmaceutical company with multiple blockbuster products.

More about Ascendis Pharma

Ascendis Pharma A/S is a global biopharmaceutical company based in Denmark, known for its innovative therapies in endocrinology and oncology. Their primary products include YORVIPATH for hypoparathyroidism and SKYTROFA for growth hormone deficiency, with a focus on achieving a leading position in these markets.

YTD Price Performance: -13.40%

Average Trading Volume: 450,810

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $7.14B

For detailed information about ASND stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1