Rigel Pharma (RIGL) Tops Q1 EPS by 2c

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Rigel Announces First Quarter 2019 Financial Results and Provides Company Update

May 7, 2019 4:01 PM EDT

SOUTH SAN FRANCISCO, Calif., May 7, 2019 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL), today reported financial results for the first quarter ended March 31, 2019, including sales of TAVALISSE® (fostamatinib disodium hexahydrate), for the treatment of thrombocytopenia in adults with chronic immune thrombocytopenia (ITP) who have had an insufficient response to a previous treatment.

"Since the U.S. launch of TAVALISSE one year ago, a growing number of physicians are utilizing our product in earlier lines of therapy and with an increasing number of their chronic ITP patients," stated Raul Rodriguez, president and CEO.... More