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Arcutis Biotherapeutics | 8-K: Arcutis Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

Arcutis Biotherapeutics | 8-K:Arcutis公佈2023年第四季度和全年財務業績並提供業務最新情況

SEC announcement ·  02/27 07:45
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On February 27, 2024, Arcutis Biotherapeutics, Inc., a commercial-stage biopharmaceutical company, reported its financial results for the fourth quarter and full year ended December 31, 2023. The company announced a significant increase in net product revenues for ZORYVE cream, with Q4 revenues reaching $13.5 million, marking a 357% increase from the same quarter in the previous year and a 67% increase from the third quarter of 2023. This growth was attributed to improvements in gross-to-net sales deductions and sustained demand. Additionally, the FDA approved ZORYVE topical foam for seborrheic dermatitis in December 2023, with the product launch occurring in January 2024. Arcutis also highlighted a PDUFA action date set for July 7, 2024, for roflumilast cream for atopic dermatitis. The company's R&D expenses decreased by 39% to $111 million in...Show More
On February 27, 2024, Arcutis Biotherapeutics, Inc., a commercial-stage biopharmaceutical company, reported its financial results for the fourth quarter and full year ended December 31, 2023. The company announced a significant increase in net product revenues for ZORYVE cream, with Q4 revenues reaching $13.5 million, marking a 357% increase from the same quarter in the previous year and a 67% increase from the third quarter of 2023. This growth was attributed to improvements in gross-to-net sales deductions and sustained demand. Additionally, the FDA approved ZORYVE topical foam for seborrheic dermatitis in December 2023, with the product launch occurring in January 2024. Arcutis also highlighted a PDUFA action date set for July 7, 2024, for roflumilast cream for atopic dermatitis. The company's R&D expenses decreased by 39% to $111 million in 2023, and further reductions are expected in 2024. The financial report also detailed the company's strong financial position, supporting ongoing commercial launches and pipeline development. Total revenues for 2023 were $59.6 million, compared to $3.7 million in 2022, and the net loss for the year was reduced to $262.1 million from $311.5 million in the previous year. Arcutis ended the year with $272.8 million in cash, cash equivalents, restricted cash, and marketable securities.
2024年2月27日,處於商業階段的生物製藥公司Arcutis Biotherapeutics, Inc. 公佈了截至2023年12月31日的第四季度和全年財務業績。該公司宣佈ZORYVE面霜的淨產品收入大幅增長,第四季度收入達到1,350萬美元,比去年同期增長357%,比2023年第三季度增長67%。這種增長歸因於毛淨銷售扣除額的改善和持續的需求。此外,美國食品藥品管理局於2023年12月批准了ZORYVE局部泡沫用於脂溢性皮炎,該產品將於2024年1月上市。Arcutis還強調了用於特應性皮炎的roflumilast乳膏的PDUFA生效日期定爲2024年7月7日。該公司的研發費用在2023...展開全部
2024年2月27日,處於商業階段的生物製藥公司Arcutis Biotherapeutics, Inc. 公佈了截至2023年12月31日的第四季度和全年財務業績。該公司宣佈ZORYVE面霜的淨產品收入大幅增長,第四季度收入達到1,350萬美元,比去年同期增長357%,比2023年第三季度增長67%。這種增長歸因於毛淨銷售扣除額的改善和持續的需求。此外,美國食品藥品管理局於2023年12月批准了ZORYVE局部泡沫用於脂溢性皮炎,該產品將於2024年1月上市。Arcutis還強調了用於特應性皮炎的roflumilast乳膏的PDUFA生效日期定爲2024年7月7日。該公司的研發費用在2023年下降了39%,至1.11億美元,預計在2024年將進一步減少。財務報告還詳細介紹了該公司的強勁財務狀況,爲正在進行的商業發佈和管道開發提供了支持。2023年的總收入爲5,960萬美元,而2022年爲370萬美元,該年度的淨虧損從去年的3.115億美元減少至2.621億美元。Arcutis在年底擁有2.728億美元的現金、現金等價物、限制性現金和有價證券。
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