{"id":8829,"date":"2024-02-06T10:02:00","date_gmt":"2024-02-06T02:02:00","guid":{"rendered":"https:\/\/flcube.com\/?p=8829"},"modified":"2024-10-23T10:06:06","modified_gmt":"2024-10-23T02:06:06","slug":"astellas-pharma-inc-reports-2-1-yoy-growth-in-q1-q3-fiscal-2023-revenues-2","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=8829","title":{"rendered":"Astellas Pharma Inc. Reports 2.1% YOY Growth in Q1-Q3 Fiscal 2023 Revenues"},"content":{"rendered":"\n

Japanese pharmaceutical corporation Astellas Pharma Inc., (TYO: 4503<\/a>) has announced its financial results for the first three quarters of its fiscal year 2023, concluding on December 31, 2023. The company has experienced a modest 2.1% year-on-year (YOY) increase in global revenues, totaling JPY 1,189 billion (USD 8 billion) for the nine-month period.<\/p>\n\n\n\n

Astellas’ flagship products have shown consistent growth trajectories, with the prostate cancer treatment Xtandi (enzalutamide) marking a 9.4% increase in sales to JPY 560 billion (USD 3.77 billion). The urothelial cancer therapy Padcev (enfortumab vedotin) has seen a significant surge, with a 68.9% rise in revenue to JPY 55.6 billion (USD 370 million). Additionally, the acute myeloid leukemia (AML) drug Xospata (gilteritinib) has reported a 13.8% increase in sales, reaching JPY 41.3 billion (USD 280 million). The newly launched Izervay (avacincaptad pegol) for geographic atrophy in the US has also seen a robust start.<\/p>\n\n\n\n

Geographically, Astellas has recorded its most substantial growth in International Markets, with a 14% increase to JPY 118.8 billion. This growth was followed by Established Markets, including Europe and Canada, with a 12.5% rise to JPY 272.2 billion. The Greater China region reflected a 3.3% growth, amounting to JPY 67.3 billion, while the US market experienced a slight decline of -3.9%, reporting revenues of JPY 481.4 billion.- Flcube.com<\/a><\/p>\n\n\n\n

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