Financial PerformanceLUMRYZ sales were ahead of consensus and in line with the highest estimates, with spending significantly lighter than expected.
Market PositionLUMRYZ, as a once-nightly oxybate, offers a significant improvement in patient care compared to alternatives requiring a middle-of-the-night dose.
Regulatory ApprovalThe company received approval for Lumryz for the treatment of pediatric patients (7 years and older) with narcolepsy.