CommercializationX4 entered into an exclusive licensing agreement with Norgine Pharmaceuticals for the commercialization of Xolremdi in Europe, Australia, and New Zealand, with potential E.U. approval in 1H26.
EarningsThe company reported total revenue of $1.4M, compared to the consensus estimate of $1.06M, and a net income of $0.20 per share, compared to the consensus estimated a net loss of $0.18 per share.
Strategic PartnershipsX4 is expected to receive an initial upfront payment of €28.5M and up to €226M in regulatory, commercial, and sales milestones from the agreement with Norgine.