Ultragenyx Provides Preliminary Crysvita 2019 Revenues
Zacks Investment Research | Jan 13, 2020 08:53PM ET
Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) reported preliminary 2019 revenues and provided 2020 revenue guidance for one of its lead drugs, Crysvita. Crysvita is an antibody targeting fibroblast growth factor 23 (FGF23), approved in the United States for the treatment of X-linked hypophosphatemia (XLH) in adult and pediatric patients. It is approved in the EU for the treatment of XLH with radiographic evidence of bone disease in children one year of age and older, and adolescents with growing skeletons.
Shares of the company went up 6.6% following the announcement of the preliminary results. However, shares have gained 18% in the past year against the Original post
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