Biohaven Reports First Quarter 2021 Financial Results and Recent Business Developments
- Exceeded expectations of NURTEC™ ODT (rimegepant) with net product revenue of $43.8 million for the first quarter of 2021, totaling $107.4 million in net product revenue since launch in March 2020
- Continued brand momentum for NURTEC ODT totaling more than 600,000 prescriptions from product launch to date, with more than 33,000 unique prescribers
- Advanced Neuroinnovation™ Platform with multiple Phase 3 studies results expected within the next year, and enrolled first patient in Phase 2/3 trial of oral zavegepant, prompting $100 million Royalty Pharma milestone payment
News provided by
Share this article
Share this article
As a result of an inadvertent error, the version of the earnings release Biohaven Pharmaceutical Holding Company Ltd. ("Biohaven") issued before market open on May 10, 2021 (the "Original Earnings Release") included certain inaccurate financial and operational data. The financial and operational data included in the earnings call and slide deck available on the company website prior to market open was correct. The information contained within this corrected earnings release, which had no impact on net product revenue or gross profit, and an immaterial impact to net loss and net loss per share on both a reported GAAP and adjusted non-GAAP basis, amends and supersedes the information contained within the Original Earnings Release in all respects.