Advicenne Reports 2022 Sales Up 13% to €3.7 Million
24 Enero 2023 - 12:00AM
Business Wire
- Sales of Sibnayal® reached 1.4 million euros, a significant
increase of 40% over one year
- Significant growth acceleration in H2 2022
Regulatory News:
Advicenne (Euronext: ADVIC), a specialty pharmaceutical company
dedicated to developing and commercializing innovative treatments
for those suffering from rare renal diseases, announces today 2022
sales of €3.7 million, up 13% compared to the previous year (2021:
€3.3 million).
The 2022 growth is mainly driven by the sales of Sibnayal®,
growing 40% to €1.4 million (vs. €1 million in 2021). Sibnayal®, a
fixed dose combination of potassium citrate and potassium
bicarbonate is indicated for the treatment of distal renal tubular
acidosis (dRTA) in adults, adolescents, and children over 1 year of
age.
The second half of 2022 saw a sharp acceleration in Sibnayal®
sales growth. The latter increased by 70% thanks to the launch in
Great Britain by Advicenne’s team, the various partnerships
concluded in Europe coming into force and the development of
therapeutic management of patients suffering from dRTA in France.
However, sales of Sibnayal® are still mostly carried out under
various European Early Access Programs providing early availability
of the drug.
The Neurology franchise (Likozam® and Ledvicen®) remained stable
at €2.3 million.
(€ million)
2022
2021
Growth
Sibnayal®
1.39
0.99
+40%
Neurology
2.31
2.27
+1%
Total
3.69
3.38
+13%
About Advicenne
Advicenne (Euronext: ALDVI) is a specialty pharmaceutical
company founded in 2007, specializing in the development of
innovative treatments in Nephrology. Its lead product Sibnayal®
(ADV 7103) has received its Marketing Approval for distal renal
tubular acidosis in EU and the UK. ADV 7103 is currently in
late-stage development in cystinuria in Europe and in dRTA and
cystinuria in the US and in Canada. Headquartered in Paris,
Advicenne, listed on the Euronext Paris stock exchange since 2017,
has now been listed on Euronext Growth Paris since its transfer on
March 30, 2022. For additional information see:
https://advicenne.com/.
Disclaimer
This press release contains certain forward-looking statements
concerning Advicenne group and its business, including its
prospects and product candidate development. Such forward-looking
statements are based on assumptions that Advicenne considers to be
reasonable. However, there can be no assurance that the estimates
contained in such forward-looking statements will be verified,
which estimates are subject to numerous risks including the risks
set forth in the 2021 Universal Registration Document filed with
the French financial market authority on April 29, 2022 (a copy of
which is available on www.advicenne.com) and to the development of
economic conditions, financial markets, and the markets in which
Advicenne operates. The forward-looking statements contained in
this press release are also subject to risks not yet known to
Advicenne or not currently considered material by Advicenne. The
occurrence of all or part of such risks could cause actual results,
financial conditions, performance, or achievements of Advicenne to
be materially different from such forward-looking statements.
Advicenne expressly declines any obligation to update such
forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20230123005691/en/
Advicenne Didier Laurens, CEO +33 (0) 1 87 44 40 17
Email: investors@advicenne.com
Ulysse Communication Media relations Bruno Arabian +33
(0)6 87 88 47 26 Email: advicenne@ulysse-communication.com
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