Retrophin Provides Corporate Update and 2019 Outlook
RETROPHIN INC (RTRX)
Last retrophin inc earnings: 2/24 04:01 pm
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US:NASDAQ Investor Relations:
ir.retrophin.com/investor-relations
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Source: GlobeNewswire
SAN DIEGO, Jan. 07, 2019 (GLOBE NEWSWIRE) -- Retrophin, Inc. (NASDAQ: RTRX) today announced that, based on preliminary and unaudited financial data, the Company expects net product sales for the fourth quarter of 2018 to be approximately $44 million. For the fiscal year 2018, the Company expects total net product sales of approximately $164 million. The Company also provided a general update on its development programs, including anticipated milestones for 2019. “With key data readouts from the FORT Study of fosmetpantotenate in PKAN and the CNSA-001 Phase 2 proof-of-concept study expected in 2019, Retrophin is positioned to create significant value for patients and shareholders this year,” said Stephen Aselage, former chief executive officer of Retrophin. “The Company closed 2018 with the initiation of the PROTECT Study of sparsentan in IgA nephropathy, our third pivotal development program, continued growth of the base commercial business and most recently hired its new president
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