Radius Health (RDUS) Tops Q3 EPS by 19c, Revenues Beat; Offers FY18 Revenue Views Above Consensus, Offers FY19 Revenue Outlook

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Radius Health Announces Third Quarter 2018 Operating Results and Financial Guidance for FY 2018 and FY 2019

November 1, 2018 7:40 AM EDT

TYMLOS® U.S. net sales continued to increase in the third quarter of 2018, totaling $27.6 million.2019 Medicare Part D coverage for TYMLOS increased from 44% to 64% 

Elacestrant Phase 3 study to target a broader patient population, comprised of 2nd and 3rd line ER+ mBC, with potential for success in the overall and biomarker-selected populations. Initiation expected in the fourth quarter of 2018

Full-year TYMLOS net revenues expected to be $95m to $98m for 2018 and $155m to $175m for 2019. Year-end cash, cash equivalents and investments anticipated to exceed $220m for 2018 and $100m for... More