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Investegate |Idorsia Pharmaceuticals Ltd Announcements | Idorsia Pharmaceuticals Ltd: Idorsia announces financial results for the first quarter 2021 – substantial progress made across the pipeline – launch preparations well underway


131.3
US GAAP revenue of CHF 7 million in the first quarter of 2021 consisted of contract revenue recognized in connection with the collaboration agreements with Neurocrine Biosciences, Inc. (CHF 1 million), Janssen Biotech, Inc. (CHF 3 million), Roche (CHF 2 million) and Mochida Pharmaceutical Co., Ltd (CHF 1 million) compared to a revenue of CHF 5 million in the first quarter of 2020.
US GAAP operating expenses in the first quarter of 2021 amounted to CHF 129 million (CHF 116 million in the first quarter of 2020), of which CHF 97 million relates to R&D (CHF 97 million in the first quarter of 2020) and CHF 31 million to SG&A expenses (CHF 19 million in the first quarter of 2020). ....

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Idorsia announces financial results for the first quarter 2021 – substantial progress made ...


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Idorsia announces financial results for the first quarter 2021 – substantial progress made .
Idorsia Pharmaceuticals LtdApril 22, 2021 GMT
Allschwil, Switzerland – April 22, 2021
Idorsia Ltd (SIX: IDIA) today announced its financial results for the first quarter of 2021.
Business highlights
Daridorexant new drug application (NDA) submitted to the US FDA in January 2021 and has been accepted for review
Daridorexant marketing authorisation application (MAA) submitted to the European Medicines Agency (EMA) in March 2021
Daridorexant MAA submitted to Switzerland’s health authority, Swissmedic, in April 2021
Daridorexant Phase 3 program has concluded – supporting the chronic use of daridorexant in insomnia ....

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Idorsia Pharmaceuticals Ltd: Idorsia announces financial results for 2020 - a successful year marked by outstanding clinical data


Idorsia Pharmaceuticals Ltd: Idorsia announces financial results for 2020 - a successful year marked by outstanding clinical data
Idorsia Ltd (SIX: IDIA) today announced its financial results for the full year 2020.
Business highlights
Positive results in the Phase 3 program of daridorexant, demonstrating improved overall sleep and daytime functioning of patients with insomnia
Daridorexant new drug application (NDA) submitted to the US FDA on January 8, 2021
Positive results in the Japanese registration program for clazosentan, demonstrating reduction in vasospasm-related morbidity and all-cause mortality
US commercial operations established, with leadership team in place, and Syneos Health selected as commercialization partner to build the salesforce for the launch of daridorexant in the US ....

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