Ascendis Pharma outlines plans for new rare disease drug launches and reports strong 2024 financials.

Ascendis Pharma presented at the J.P. Morgan Healthcare Conference, outlining plans to launch two new rare disease drugs, SKYTROFA and YORVIPATH, with 2024 revenues of €202 million and €29 million respectively. They aim to file for FDA approval of TransCon CNP for achondroplasia in Q1 2025. The company reported a 2024 product revenue of ~€226 million and a cash balance of ~€655 million as of December 31, 2024, showcasing their rapid drug development model.

2 months ago
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