Genfit Receives $20 Million Milestone Payment From Ipsen After Iqirvo Sales Exceed $200 Million

Reuters01:35
<a href="https://laohu8.com/S/GNFTF">Genfit</a> Receives $20 Million Milestone Payment From Ipsen After Iqirvo Sales Exceed $200 Million

Genfit SA has announced it will receive a US$20 million milestone payment from Ipsen following the commercial performance of Iqirvo® in 2025. Net sales of Iqirvo® for the treatment of primary biliary cholangitis $(PBC)$ reached US$208 million in its first full year on the market, surpassing the US$200 million threshold and triggering the milestone payment ahead of schedule under the companies' licensing agreement. Additionally, this commercial achievement enabled Genfit to receive an extra €30 million tranche under its royalty-financing agreement with HCRx.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genfit SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 1001164536) on February 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment