Record-Breaking Revenue and Growth
The company reported $749 million in revenue for Q3 2024, marking a 23% increase from Q3 2023. They achieved a $3 billion revenue run rate just eight quarters after surpassing the $2 billion mark.
Tyvaso Revenue Growth
Tyvaso revenue for Q3 was $434 million, a 33% increase over the previous year, driven by increased utilization and pricing.
Orenitram and Unituxin Record Revenue
Orenitram achieved $113 million in revenue, a 23% growth from the previous year, while Unituxin reached $61 million, a 19% increase.
Successful Share Repurchase Program
The company completed a $1 billion accelerated share repurchase program, repurchasing approximately 3.5 million shares.
Increased Prescriber Base
The prescriber base for Tyvaso grew by almost 15%, with 40% of new prescribers being ILD physicians, supporting market growth.