Precigen (PGEN) said Tuesday it expects Q1 revenue to surpass $18 million due to the strong uptake of Papzimeos, its HPV-specific immunotherapy for the treatment of adults with recurrent respiratory papillomatosis.
The Centers for Medicare & Medicaid Services has also assigned J-code J3404 to the therapy effective April 1, which is set to streamline reimbursement and broaden its access, the company said.
Net product sales for the treatment in Q4 of 2025 were $3.4 million, with Precigen patient hub enrollment exceeding 300 due to physician and patient demand, the company said.
Precigen said it plans to launch a pediatric trial for the drug in Q4, as well as a study to evaluate the potential for redosing patients.
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