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    Calliditas Experiences Strong Q4 Growth, Looks to Expand in the Future | FinOracle

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Calliditas Experiences Strong Q4 Growth, Looks to Expand in the Future

Calliditas Therapeutics reports strong Q4 growth and sets sights on expansion, with TARPEYO sales surging 170% in 2023. CEO optimistic about profitable future.

by Terry Bingman
Tue, Jan 9, 2024 12:32am
in Business
• 2 mins read
14.5k
Calliditas Experiences Strong Q4 Growth, Looks to Expand in the Future | FinOracle

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Calliditas Reports Strong Q4 Growth, Sets Sights on Expansion

Stockholm-based biopharmaceutical company Calliditas Therapeutics AB (NASDAQ: CALT) (STO: CALTX) has announced significant growth in its fourth-quarter revenue, positioning the company for future expansion. With preliminary net revenue for its flagship product TARPEYO between $31 million and $33 million, Calliditas has experienced a substantial increase from its third-quarter performance. These strong fourth-quarter results have also contributed to Calliditas reporting preliminary net TARPEYO revenues for the full year of 2023, estimated to be between $100 million and $102 million, representing an impressive 170% increase from the previous year.

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Tags: AIARARMBiopharmaBiopharmaceuticalCarCESCompanyDemandEfficacyEUGrowthHealthHealthcareIncomeInformationIonMarketNasdaqRevenueSalesStockStockholmUnited StatesUS
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