Record-Breaking Revenue Growth
For the fourth quarter, net product revenue was $638 million, growing at 75% over the same quarter prior year. Full year net product revenue stood at $1.8 billion, representing year-over-year growth of 56%.
ELEVIDYS Gene Therapy Success
ELEVIDYS sales stood at $384 million in Q4, representing a 112% increase over the prior sequential quarter. Achieved over $1 billion in sales since initial approval, representing less than 5% of the on-label addressable opportunity.
Profitability and Cash Flow
Sarepta became sustainably profitable and cash flow positive in 2024.
Strong Guidance for 2025
2025 net product revenue guidance is between $2.9 billion and $3.1 billion, representing a year-over-year growth of 70%.
Pipeline Advancements
Significant progress with LGMD franchise, including potential approvals over the next three years. Closed the Arrowhead transaction, adding siRNA programs to the pipeline.