Akcea Reports Financial Results and Highlights for First Quarter 2019
AKCEA THERAPEUTICS (AKCA)
Last akcea therapeutics earnings: 2/25 04:05 pm
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US:NASDAQ Investor Relations:
ir.akceatx.com/media-investors/press-releases
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Source: GlobeNewswire
Achieved First Quarter 2019 TEGSEDI® (inotersen) Global Net Product Revenues of $7 Million Novartis exercised its option to license AKCEA-APO(a)-LRx Received marketing authorization for WAYLIVRA® (volanesorsen) in E.U. Conference Call Webcast Wednesday, May 8, 4:30 p.m. ET at www.akceatx.com BOSTON, May 08, 2019 (GLOBE NEWSWIRE) -- Akcea Therapeutics, Inc. (NASDAQ: AKCA), an affiliate of Ionis Pharmaceuticals, Inc., focused on developing and commercializing drugs to treat patients with serious and rare diseases, today reported financial results for the first quarter ended March 31, 2019. Due to the one-time license fee from Novartis, the company reported operating income for the first quarter ended March 31, 2019 on a GAAP basis of $26 million and on a non-GAAP basis of $45 million. Akcea had $322 million of cash, cash equivalents and short-term investments as of March 31, 2019. “We had a highly productive start to 2019 and are executing on our plans as a commercial organizati
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