Radius Exceeds 2019 Financial Guidance and Provides Business Update at the 38th Annual J.P. Morgan Healthcare Conference
Radius Health, Inc. (RDUS)
Last radius health, inc. earnings: 2/27 07:30 am
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
Full-Year 2019 TYMLOS U.S. net revenue exceeds financial guidance, surpassing $172M. TYMLOS exits 2019 with 52% market share in new patients1, on track for market leadership in 2020. Radius delivers strong year-end balance sheet with $160M cash2 balance and expects to achieve profitability while investing in its existing pipeline as part of its three-year business objectives 2020 TYMLOS U.S. net revenue expected to be between $220 to $235M and full-year cash burn to be below $80M Recruitment of three Phase 3 studies expected to complete in 2020, with anticipated read-outs in 2021 WALTHAM, Mass., Jan. 13, 2020 (GLOBE NEWSWIRE) -- Radius Health, Inc. (“Radius” or the “Company”) (Nasdaq: RDUS), today announced that it has exceeded its 2019 financial guidance with unaudited full-year TYMLOS® (abaloparatide) injection U.S. net revenue surpassing the upper range of $172 million. Radius closed 2019 with approximately $160 million cash, cash equivalents and investments balance, ach
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