Swedisg drugmaker Egetis's Q1 revenue rises 9% on Emcitate sales in Europe

كمينز

Cummins Inc.

CMI

0.00


Overview

  • Sweden rare disease drugmaker's Q1 revenue rose 9% at CER

  • Adjusted EPS for Q1 was SEK -0.2

  • FDA accepted NDA for Emcitate, granted priority review with PDUFA date set for Sept 28, 2026


Outlook

  • Company expects FDA decision on Emcitate by September 28, 2026

  • Egetis is accelerating U.S. launch preparations for Emcitate ahead of potential approval

  • Company aims to optimize pricing and reimbursement and continue Emcitate launch in Europe


Result Drivers

  • EUROPEAN LAUNCH - Revenue growth attributed to Emcitate sales in Europe, with Germany and Italy highlighted as key markets

  • NAMED PATIENT SALES - Additional revenue generated from named patient sales in Poland and Turkey


Company press release: ID:nMFN145NVv


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

Miss

SEK 13.40 mln

SEK 21.85 mln (2 Analysts)

Q1 Adjusted EPS

-SEK 0.20


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the biotechnology & medical research peer group is "buy"

  • Wall Street's median 12-month price target for Egetis Therapeutics AB (publ) is SEK14.00, about 141.8% above its April 28 closing price of SEK5.79

  • The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago


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