RedHill Biopharma (RDHL) Tops Q3 EPS by 21c, Revenues Miss

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RedHill Biopharma Provides Q3/2020 Results and Highlights, Including 300% Talicia Prescription Growth

November 12, 2020 7:00 AM EST

Q3/2020 net revenues of approximately $21 million, with gross profit of $10.6 million, or approximately 51%, up from $6.7 million and approximately 32% in Q2/2020--Strong growth for Talicia® with approximately 300% quarter-over-quarter prescription growth and rapid expansion of the prescriber base; Talicia achieved national coverage for 167 million lives since launch, with additional coverage expected--Two consecutive quarters of Movantik®... More