QUVIVIQ European and Canadian Market Expansion
QUVIVIQ is now available in nine countries across Europe and Canada, achieving CHF 32 million in net sales in 2024. Sales have shown a steady increase, with significant acceleration in Q4 driven by Germany and France.
US Sales Growth Despite Reduced Investments
QUVIVIQ's US sales grew to over CHF 28 million in 2024 despite a reduction in marketing and selling investments, showing steady growth.
Financial Stability Achieved Through Strategic Measures
Idorsia reduced its R&D commitment by US$100 million and restructured its convertible bonds, securing a new money facility of CHF 150 million, ensuring funds well into 2026.
Aprocitentan Approval and Launch Plans
TRYVIO (aprocitentan) received approval in the US and EU, with preparations for a focused launch in the US ongoing despite previous licensing setbacks.