Strong Cresemba® (isavuconazole) sales performance in Asia Pacific and China triggers further milestone payment to Basilea
Basilea Pharmaceutica Ltd, Allschwil (SIX: BSLN), a commercial-stage biopharmaceutical company committed to meeting the needs of patients with severe bacterial and fungal infections, announced today that the continued strong sales performance of the antifungal Cresemba® (isavuconazole) by its license partner Pfizer Inc. in the Asia Pacific region and China exceeded the sales threshold triggering the second USD 2.5 million milestone payment this year.
David Veitch, Basilea's Chief Executive Officer, stated: 'This milestone payment for the Asia Pacific region, including China, reflects the strong and growing global demand for novel antifungal therapies. Continued growth of Cresemba, particularly in China, where uptake has been especially robust, reinforces its significant clinical value for patients facing life-threatening infections. We congratulate our partner Pfizer for their ongoing commitment to making Cresemba available to patients in need.'
The license agreement between Basilea and Pfizer for Cresemba covers Europe (excluding the Nordic countries) as well as China and 16 countries in the Asia Pacific region.
Cresemba is marketed in more than 70 countries. According to the latest available market data, total global in-market sales of Cresemba in the twelve-month period between January and December 2024 amounted to USD 562 million, a 19 percent growth year-on-year, making it the largest branded antifungal for invasive fungal infections worldwide.1
About Cresemba® (isavuconazole)
Cresemba, with the active ingredient isavuconazole, is an intravenous (i.v.) and oral azole antifungal. Basilea has entered into several license and distribution agreements for Cresemba covering approximately 115 countries. In China, the oral and intravenous formulations are approved for the treatment of adult patients with invasive aspergillosis and invasive mucormycosis. Isavuconazole is also approved in the European Union2, the United Kingdom3, the United States (US)4 and several additional countries including in the Asia Pacific region.5
About Basilea
Basilea is a commercial-stage biopharmaceutical company founded in 2000 and headquartered in Switzerland. We are committed to discovering, developing and commercializing innovative drugs to meet the needs of patients with severe bacterial or fungal infections. We have successfully launched two hospital brands, Cresemba for the treatment of invasive fungal infections and Zevtera for the treatment of bacterial infections. In addition, we have preclinical and clinical anti-infective assets in our portfolio. Basilea is listed on the SIX Swiss Exchange (SIX: BSLN). Please visit basilea.com.
Disclaimer
This communication expressly or implicitly contains certain forward-looking statements, such as "believe", "assume", "expect", "forecast", "project", "may", "could", "might", "will" or similar expressions concerning Basilea Pharmaceutica Ltd, Allschwil and its business, including with respect to the progress, timing and completion of research, development and clinical studies for product candidates. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of Basilea Pharmaceutica Ltd, Allschwil to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Basilea Pharmaceutica Ltd, Allschwil is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
For further information, please contact:
Peer Nils Schröder, PhDHead of Corporate Communications & Investor RelationsBasilea Pharmaceutica International Ltd, Allschwil Hegenheimermattweg 167b4123 AllschwilSwitzerland
Phone
+41 61 606 1102
media_relations@basilea.cominvestor_relations@basilea.com
This press release can be downloaded from www.basilea.com.
References
IQVIA Analytics Link, December 2024. In-market sales reported as moving annual total (MAT) in US dollar.
European Public Assessment Report (EPAR) Cresemba: https://www.ema.europa.eu/en/medicines/human/EPAR/cresemba [Accessed: June 04, 2025]
Summary of Product Characteristics (SmPC) Cresemba: https://www.medicines.org.uk/emc/search?q=cresemba [Accessed: June 04, 2025]
Full US prescribing information: https://www.astellas.us/docs/cresemba.pdf [Accessed: June 04, 2025]
The registration status and approved indications may vary from country to country.
Attachment
Press release (PDF)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
11 minutes ago
- Yahoo
Strategies Shaping the Aircraft Electrification Market 2025-2030 Featuring Siemens, Safran, General Electric, Thales, Airbus and More - Total Revenues to Double by 2030, Reaching $20 Billion
Success hinges on supply chain coordination, tech validation, and policy adaptation to secure competitive advantage in a rapidly evolving sector Aircraft Electrification Market Dublin, Aug. 12, 2025 (GLOBE NEWSWIRE) -- The "Aircraft Electrification Market by Propulsion Type (Fully Electric, Hybrid Electric), Aircraft Type (Business Jets, Cargo Aircraft, Commuter Aircraft), Components, Range, End User - Global Forecast 2025-2030" report has been added to offering. The aircraft electrification market is accelerating global transformation in aviation, driven by new energy systems, evolving regulatory frameworks, and intensified pursuit of decarbonization. For senior decision-makers seeking competitive advantage, this report provides a comprehensive strategic assessment and actionable guidance for navigating rapid industry change. Market Snapshot: Aircraft Electrification Market Growth and Outlook The Aircraft Electrification Market grew from USD 8.78 billion in 2024 to USD 10.14 billion in 2025. It is expected to continue growing at a CAGR of 14.69%, reaching USD 20 billion by 2030. Key drivers include global emissions mandates, advancements in propulsion and energy storage, as well as robust investment from both established aerospace leaders and disruptive entrants. Policy incentives and evolving fuel economics further underpin momentum, while strategic cross-sector collaboration is reshaping supply chains and deployment strategies. Scope & Segmentation of the Aircraft Electrification Market This report provides in-depth analysis across a multidimensional market landscape. The research explores segmentation by: Propulsion Types:Fully Electric (Battery Electric, Fuel Cell Electric), Hybrid Electric (Parallel Hybrid, Series Hybrid, Turboelectric) Aircraft Types:Business Jets, Cargo Aircraft, Commuter Aircraft, eVTOL Vehicles (Fixed-Wing VTOL, Lift-Plus-Cruise, Multirotor), Midsize Commercial Jets Components:Battery Systems (Lithium-Ion Batteries, Solid-State Batteries), Electric Motors (Axial Flux, Radial Flux), Power Electronics (Converters, Inverters), Thermal Management Systems (Air Cooling, Liquid Cooling) Range:Long Range, Medium Range, Short Range End Users:Cargo Operators, Commercial Airlines, General Aviation, Military Users Regions:Americas (United States, Canada, Mexico, Brazil, Argentina), Europe, Middle East & Africa (United Kingdom, Germany, France, Russia, Italy, Spain, United Arab Emirates, Saudi Arabia, South Africa, Denmark, Netherlands, Qatar, Finland, Sweden, Nigeria, Egypt, Turkey, Israel, Norway, Poland, Switzerland), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Thailand, Philippines, Malaysia, Singapore, Vietnam, Taiwan) Key Manufacturers Analyzed:Siemens Aktiengesellschaft, Safran S.A., General Electric Company, Thales S.A., Airbus SE, The Boeing Company, RTX Corporation, Embraer S.A. Key Takeaways: Strategic Insights for Senior Decision-Makers Accelerated electrification in aviation is creating new ecosystem partnerships across manufacturing, energy, and regulatory bodies, enabling faster technology validation and deployment. The emergence of fully electric and hybrid propulsion architectures is driving innovation in energy density, thermal management, and distributed propulsion, supporting both new aircraft platforms and retrofit opportunities. Regional strategies vary: North America leads with venture-backed pilots and short-haul networks, Europe focuses on emissions and certification harmonization, and Asia-Pacific leverages manufacturing strengths and infrastructure development. Investment trends highlight a balanced mix of mature aerospace players scaling up and agile startups innovating battery, motor, and software technologies through targeted capital and partnerships. Successful market entry will require coordinated supply chain tactics, including localized manufacturing, new material sourcing models, and strategic alliances to address regulatory, talent, and logistics bottlenecks. Tariff Impact: Adapting to Policy Shifts Introduction of tariffs on imported aviation components in the United States beginning 2025 has altered the competitive landscape for electric aircraft. Companies are reevaluating sourcing, investing in domestic manufacturing, and seeking cost-sharing arrangements throughout the value chain. Some organizations are proactively engaging authorities to secure exemptions where strategic technologies are at stake, while operational pressures are driving the need for resilient supply networks and collaborative commercial models. Methodology & Data Sources This report utilizes a rigorously structured approach, blending primary interviews with senior industry figures and technical specialists, in-depth secondary research across published sources, and systematic cross-validation of quantitative and qualitative findings. Analytical methods include technology roadmapping, market segmentation validation, and expert scenario assessments to ensure actionable accuracy. Why This Report Matters: Enabling Strategic Decisions Facilitates executive planning by mapping technological, regulatory, and investment dynamics to evolving growth opportunities and competitive threats. Equips commercial leaders with robust segmentation insights and strategic recommendations to optimize partnerships, supply chain resilience, and certification pathways. Provides market context for resource allocation, merger and acquisition targeting, and risk mitigation in a rapidly advancing field. Conclusion The electrification of aircraft is reshaping aviation's future, requiring integrated strategic planning, cross-sector alliances, and continuous innovation. This analysis empowers decision-makers to navigate operational challenges and lead sustainable transformation in the global aviation landscape. Key Attributes Report Attribute Details No. of Pages 182 Forecast Period 2025-2030 Estimated Market Value (USD) in 2025 $10.14 Billion Forecasted Market Value (USD) by 2030 $20 Billion Compound Annual Growth Rate 14.6% Regions Covered Global Key Topics Covered1. Preface2. Research Methodology3. Executive Summary4. Market Overview4.1. Introduction4.2. Market Sizing & Forecasting5. Market Dynamics5.1. Development of high-energy-density solid-state batteries for extended range electric aircraft5.2. Implementation of electric vertical takeoff and landing aircraft in urban air mobility networks5.3. Integration of wireless in-flight power transmission systems for continuous distributed propulsion performance5.4. Advancements in retrofitting existing regional jets with hybrid-electric propulsion architectures5.5. Collaboration between OEMs and battery manufacturers to standardize high-power charging interfaces airportwide5.6. Development of lightweight composite wiring and electrical bus systems for reduced aircraft mass5.7. Regulatory harmonization efforts to certify all-electric aircraft under unified international safety standards5.8. Scaling manufacturing processes for high-power electric propulsion motors to meet aircraft industry demand6. Market Insights6.1. Porter's Five Forces Analysis6.2. PESTLE Analysis7. Cumulative Impact of United States Tariffs 20258. Aircraft Electrification Market, by Propulsion Type8.1. Introduction8.2. Fully Electric8.2.1. Battery Electric8.2.2. Fuel Cell Electric8.3. Hybrid Electric8.3.1. Parallel Hybrid8.3.2. Series Hybrid8.3.3. Turboelectric9. Aircraft Electrification Market, by Aircraft Type9.1. Introduction9.2. Business Jets9.3. Cargo Aircraft9.4. Commuter Aircraft9.5. eVTOL Vehicles9.5.1. Fixed-Wing VTOL9.5.2. Lift-Plus-Cruise9.5.3. Multirotor9.6. Midsize Commercial Jets10. Aircraft Electrification Market, by Components10.1. Introduction10.2. Battery Systems10.2.1. Lithium-Ion Batteries10.2.2. Solid-State Batteries10.3. Electric Motors10.3.1. Axial Flux Motors10.3.2. Radial Flux Motors10.4. Power Electronics10.4.1. Converters10.4.2. Inverters10.5. Thermal Management Systems10.5.1. Air Cooling10.5.2. Liquid Cooling11. Aircraft Electrification Market, by Range11.1. Introduction11.2. Long Range11.3. Medium Range11.4. Short Range12. Aircraft Electrification Market, by End User12.1. Introduction12.2. Cargo Operators12.3. Commercial Airlines12.4. General Aviation12.5. Military Users13. Americas Aircraft Electrification Market13.1. Introduction13.2. United States13.3. Canada13.4. Mexico13.5. Brazil13.6. Argentina14. Europe, Middle East & Africa Aircraft Electrification Market14.1. Introduction14.2. United Kingdom14.3. Germany14.4. France14.5. Russia14.6. Italy14.7. Spain14.8. United Arab Emirates14.9. Saudi Arabia14.10. South Africa14.11. Denmark14.12. Netherlands14.13. Qatar14.14. Finland14.15. Sweden14.16. Nigeria14.17. Egypt14.18. Turkey14.19. Israel14.20. Norway14.21. Poland14.22. Switzerland15. Asia-Pacific Aircraft Electrification Market15.1. Introduction15.2. China15.3. India15.4. Japan15.5. Australia15.6. South Korea15.7. Indonesia15.8. Thailand15.9. Philippines15.10. Malaysia15.11. Singapore15.12. Vietnam15.13. Taiwan16. Competitive Landscape16.1. Market Share Analysis, 202416.2. FPNV Positioning Matrix, 202416.3. Competitive AnalysisThe companies profiled in this Aircraft Electrification market report include: Siemens Aktiengesellschaft Safran S.A. General Electric Company Thales S.A. Airbus SE The Boeing Company RTX Corporation Embraer S.A. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Aircraft Electrification Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
24 minutes ago
- Yahoo
Trane Expands High-Efficiency Precision Cooling Capabilities for Data Center Thermal Management Systems
DAVIDSON, NC / / August 12, 2025 / Trane®-by Trane Technologies (NYSE: TT), a global climate innovator, is expanding its thermal management system portfolio for data centers with a modern Computer Room Air Handler (CRAH) solution. The cooling solution helps maintain optimal air circulation and temperature levels for servers and other electronic equipment, to promote uptime while reducing power consumption and energy demand. "We take a customer-centric approach to innovation, design, and services to create precise, custom solutions for unique operating needs and conditions." said Steve Obstein, Vice President and General Manager, Data Centers, Trane Technologies. "Expansion of our airside offer gives our colo and hyperscale customers greater flexibility for configuring custom systems and addresses the growing trend toward a single-source solutions provider." Trane unifies and integrates thermal management systems through smart controls. Equipped with the Symbio® controller, Trane's CRAH solution offers a broad capacity range and customizable options to help meet the specific needs of data centers, including reduced power consumption, exceptional cooling, and dependable performance. Symbio allows for flexible leader designation and dynamic reassignment for up to 32 units, providing continuous operation and access to a suite of digital solutions for ongoing lifecycle management. Trane supports operations throughout the lifecycle of data centers with thousands of local service experts across North America, and smart service options for proactive monitoring, predictive maintenance, and improved thermal management systems. Integrating thermal management systems as an infrastructure design cornerstone allows the system to act as a performance multiplier that helps drive energy savings, uptime, and return. Over the past six months, Trane has invested in its comprehensive thermal management systems portfolio for data centers with innovations that include scalable liquid cooling platforms, an efficient fan coil wall platform, and larger capacity and higher ambient temperature air-cooled chillers, engineered for AI workloads, sustainability, and future growth. The addition of the CRAH unit to Trane's data center portfolio enhances its position as a complete thermal solution provider and streamlines business processes for greater efficiency. Trane's unified control system across all portfolios helps provide a seamless and integrated customer experience, reinforcing Trane's commitment to supporting the future of the planet and the goals of our customers. About Trane Trane®-by Trane Technologies (NYSE:TT), a global climate innovator-creates comfortable, energy efficient indoor environments through a broad portfolio of heating, ventilating and air conditioning systems and controls, services, parts, and supply. For more information, please visit or © 2025 Trane. All Rights Reserved. All trademarks referenced in this document are the trademarks of their respective owners. View additional multimedia and more ESG storytelling from Trane Technologies on Contact Info:Spokesperson: Trane TechnologiesWebsite: info@ SOURCE: Trane Technologies View the original press release on ACCESS Newswire Sign in to access your portfolio
Yahoo
29 minutes ago
- Yahoo
Aspo to publish its Half-year Financial Report for January-June 2025 on Monday, August 18, 2025
Aspo Plc Press Release August 12, 2025 at 5.30 p.m. Aspo to publish its Half-year Financial Report for January-June 2025 on Monday, August 18, 2025 Aspo Plc will publish Half-year Financial Report for January-June 2025 on Monday, August 18, 2025, at approximately 9.00 a.m. EEST. News conference for analysts, investors and media will be held at Sanomatalo, Flik Studio Eliel, Töölönlahdenkatu 2, Helsinki on August 18, 2025, at 12.00 p.m. The event is also open to private investors, and participants are requested to register beforehand by emailing viestinta@ The half-year financial report will be presented by CEO Rolf Jansson and CFO Erkka Repo. The event will be held in English, and it can also be followed as a live webcast at Questions can be asked through conference call connection and webcast form. In order to receive the phone numbers and a identifier for the conference call, participants are requested to register using this link: A recording of the event will be available later the same day on the company's website For further information, please contact: Susanna Hietanen, Communications Director, Aspo Plc, tel. +358 50 3595 701, creates value by owning and developing business operations sustainably and in the long term. Aspo's businesses – ESL Shipping, Telko and Leipurin – enable future-proof, sustainable choices for customers in various industries. Established in 1929, today we are together about 800 experts on land and at sea. While the Nordic region is our core market, we serve our customers with world-class solutions in 18 countries around Europe and parts of Asia. Aspo is listed on Nasdaq Helsinki and is headquartered in Finland. Aspo – Sustainable value creationSign in to access your portfolio
