Latest news with #scPharmaceuticals
Business Insider
4 days ago
- Business
- Business Insider
Analysts Offer Insights on Healthcare Companies: scPharmaceuticals (SCPH), 10x Genomics (TXG) and Kura Oncology (KURA)
Analysts have been eager to weigh in on the Healthcare sector with new ratings on scPharmaceuticals (SCPH – Research Report), 10x Genomics (TXG – Research Report) and Kura Oncology (KURA – Research Report). Confident Investing Starts Here: scPharmaceuticals (SCPH) Leerink Partners analyst Roanna Ruiz maintained a Buy rating on scPharmaceuticals on May 14 and set a price target of $11.00. The company's shares closed last Friday at $3.22. According to Ruiz has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -16.1% and a 28.3% success rate. Ruiz covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Lexicon Pharmaceuticals, and Enanta Pharmaceuticals. The word on The Street in general, suggests a Strong Buy analyst consensus rating for scPharmaceuticals with a $15.60 average price target, implying a 432.4% upside from current levels. In a report issued on May 12, Craig-Hallum also maintained a Buy rating on the stock. 10x Genomics (TXG) In a report issued on May 14, Puneet Souda from Leerink Partners maintained a Hold rating on 10x Genomics. The company's shares closed last Friday at $9.39, close to its 52-week low of $8.92. According to Souda has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -12.4% and a 29.8% success rate. Souda covers the Healthcare sector, focusing on stocks such as AbCellera Biologics, Castle Biosciences, and Twist Bioscience. Currently, the analyst consensus on 10x Genomics is a Moderate Buy with an average price target of $12.56, a 36.2% upside from current levels. In a report issued on May 9, TD Cowen also maintained a Hold rating on the stock with a $11.00 price target. Kura Oncology (KURA) In a report issued on May 14, Jonathan Chang from Leerink Partners reiterated a Buy rating on Kura Oncology, with a price target of $23.00. The company's shares closed last Friday at $6.02. According to Chang is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -13.0% and a 28.1% success rate. Chang covers the Healthcare sector, focusing on stocks such as Adaptimmune Therapeutics, Karyopharm Therapeutics, and Bicycle Therapeutics. Kura Oncology has an analyst consensus of Strong Buy, with a price target consensus of $22.60, a 279.2% upside from current levels. In a report issued on May 1, TD Cowen also maintained a Buy rating on the stock.
Business Insider
17-05-2025
- Business
- Business Insider
Craig-Hallum Sticks to Its Buy Rating for scPharmaceuticals (SCPH)
Craig-Hallum analyst Chase Knickerbocker reiterated a Buy rating on scPharmaceuticals (SCPH – Research Report) on May 15 and set a price target of $12.00. The company's shares closed yesterday at $3.22. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Knickerbocker covers the Healthcare sector, focusing on stocks such as Ironwood Pharma, Harrow Health, and MiMedx Group. According to TipRanks, Knickerbocker has an average return of 3.3% and a 43.33% success rate on recommended stocks. The word on The Street in general, suggests a Strong Buy analyst consensus rating for scPharmaceuticals with a $16.50 average price target, which is a 412.42% upside from current levels. In a report released on May 15, H.C. Wainwright also reiterated a Buy rating on the stock with a $18.00 price target.
Yahoo
15-05-2025
- Business
- Yahoo
Q1 2025 scPharmaceuticals Inc Earnings Call
William Thorp; Investor Relations; ASTR Partners John Tucker; President, Chief Executive Officer, Director; scPharmaceuticals Inc Steve Parsons; Senior Vice President, Commercial; scPharmaceuticals Inc Rachael Nokes; Chief Financial Officer; scPharmaceuticals Inc Roanna Clarissa Ruiz; Analyst; Leerink Partners Stacy Ku; Analyst; TD Cowen Douglas Tsao; Analyst; H.C. Wainwright Chase Knickerbocker; Analyst; Craig-Hallum Operator Good afternoon and welcome to scPharmaceuticals first-quarter 2025 earnings conference call. (Operator Instructions) As a reminder, today's conference call is being recorded. I would now like to turn the conference over to Will Thorpe, Investor Relations, to cover forward-looking statements. Will, please go ahead. William Thorp Thank you, operator. Before beginning this afternoon's earnings call, we would like to highlight the following forward-looking statement. All statements on this conference call, other than historical facts, are forward-looking statements within the meaning of the federal securities laws, including, but not limited to, statements regarding scPharmaceuticals' expected future financial results, management's expectations and plans for the business, the ongoing commercialization and marketing of FUROSCIX, the potential label expansion and other regulatory approvals of FUROSCIX, decrease of quarterly net cash outflows for the balance of 2025, the rise of FUROSCIX dispenses as out-of-pocket expenses decrease and estimated reduction in COGS. The words anticipate, believe, estimate, expect, intend, guidance, confidence, target, project and other similar expressions are typically used to identify such forward-looking statements. These forward-looking statements are not guarantees of future performance. It may involve and are subject to certain risks and uncertainties and other important factors that may affect scPharmaceuticals' business, financial condition and other operating results. These include, but are not limited to, the risk factors and other qualifications contained in scPharmaceuticals' annual report on Form 10-K, quarterly reports on Form 10-Q and other reports filed by the company with the SEC to which your attention is directed. Actual outcomes and results may differ materially from what is expressed or implied by these forward-looking statements. Any forward-looking statements made in this conference call, including responses to your questions, are based on current expectations as of today, and scPharmaceuticals expressively disclaim any intent or obligation to update these forward-looking statements except as required by law. With that, I will now turn the call over to John Tucker, Chief Executive Officer of scPharmaceuticals. John, please go ahead. John Tucker Thank you, William, and thank you to all for attending this afternoon's conference call. Today, we will provide an overview of scPharmaceuticals' core business and operational highlights for the first quarter of 2025. I will then hand the call to Steve Parsons, Senior Vice President of Commercial for FUROSCIX commercial update. Our Chief Financial Officer, Rachael Nokes, will then provide a financial update for Q1 before we open the line for questions. We truly believe, particularly in this environment that scPharmaceuticals is better positioned than at any point in our history. FUROSCIX is successfully penetrating a market where we have broad synergies across the healthcare ecosystem by keeping patients out of the hospital and at home, which is far greater from a quality of life and cost perspective for both the patient and the healthcare system. We are also expanding the market into chronic kidney disease and making progress on our Autoinjector, which we think will continue to transform the company, improve and expand the patient experience and add materially to our FUROSCIX sales. In the first quarter of 2025, scPharmaceuticals generated $11.8 million in net revenue and filled approximately 13,800 FUROSCIX doses. As we have discussed, our net revenue generated in the first quarter is impacted by the typical seasonality factors, including deductible and Medicare beneficiaries out-of-pocket cap resets. Despite these headwinds, we did see an increase in doses filled quarter-over-quarter. On our Q4 2024 earnings call 2 months ago, we highlighted the increasing number of Part D beneficiaries who hit their out-of-pocket caps or enrolled in Medicare's copay smoothing program, particularly in March of 2025 relative to January and February of 2025. We have seen an acceleration of this trend play out over the course of April and early May as more Medicare patients reach their $2,000 cap or enrolled in the copay smoothing program. Historically, we have observed increased prescribing of and improved fill rates for FUROSCIX when patients have lower out-of-pocket copays. This is what we have seen so far in Q2 and see it continuing to accelerate through the balance of the year. The gross to net discount for FUROSCIX in the first quarter of 2025 was approximately 23%, over the balance of 2025, we anticipate a blended GTN of approximately 30%. The increase in GTN is primarily attributable to the implementation of the Medicare Part D redesign, including the mandatory manufacturer rebates under the Inflation Reduction Act. We view the Medicare Part D redesign as a net tailwind in 2025, given the anticipated increase of FUROSCIX fill rates and prescribing for Part D enrollees who are through to catastrophic coverage and have a $0 copay on any Part D prescription. In April 2025, we formally launched FUROSCIX in the chronic kidney disease, and we're pleased to announce that we began filling nephrology prescriptions in April. We believe prescribing by nephrologists will be a meaningful growth driver for FUROSCIX for a few core reasons: one, there are an estimated 700,000 additional patients that can be prescribed FUROSCIX for their fluid management; two, in the cardiorenal space, nephrologists are the primary diuretic managers for patients with CKD and heart failure; three, the concentration of targets and their focus on fluid management; lastly, we're able to provide a positive update on the Autoinjector. Our additional shelf-life testing of the high silicone syringe is progressing as expected, and we are targeting filing the sNDA next quarter. We continue to believe that the Autoinjector will be meaningfully important to the long-term FUROSCIX growth trajectory with an estimated 70% to 75% reduction in COGS compared to the current on-body infuser and an increase in our penetration rates. Overall, we feel very positive about the long-term growth trajectory of FUROSCIX over the course of 2025. Between the CKD indication expansion and the favorable copay paradigm with Part D patients progressing into catastrophic coverage, we believe FUROSCIX is well-positioned to treat heart failure and kidney disease patients when they're experiencing fluid overload. With that, I will pass the line to Steve Parsons, scPharmaceuticals' Senior Vice President of Commercial. Steve? Steve Parsons Thank you, John. Since we launched FUROSCIX in early 2023, over 4,000 unique cardiologists and nephrologists have prescribed FUROSCIX to heart failure and now kidney disease patients. We expect the number of unique prescribers to increase steadily as we further penetrate cardiology and expand into the nephrology market. With our sales force expansion in the fourth quarter of 2024, a larger team and smaller territory size has resulted in greater reach and frequency to target and nontarget prescribers and has increased demand for FUROSCIX. Our improved target coverage capabilities will be especially important as we launch FUROSCIX in chronic kidney disease in quarter 2 and add nephrology targets and continue our penetration further into heart failure. As John already mentioned, we are very positive about the balance of 2025. Our IDN distribution strategy is paying dividends as we open new accounts every month and see reorders from some of the top systems in the country, targeting IDNs is a great complement to our overall promotional efforts. Medicare patient out-of-pocket costs move to $0 when patients reach the annual maximum threshold of $2,000. We see more and more heart failure patients and chronic kidney disease patients who are meeting this threshold as the year progresses. As a result, FUROSCIX dispenses will continue to rise as out-of-pocket expenses decrease. I will now hand the call over to our Chief Financial Officer, Rachael Nokes. Rachel? Rachael Nokes Thank you, Steve. Product revenues were $11.8 million for the first quarter of 2025 compared to $6.1 million for the first quarter of 2024. Cost of product revenues were $3.5 million for the first quarter of 2025 compared to $1.8 million for the first quarter of 2024. The increase in both product revenues and cost of product revenues for the quarter ended March 31, 2025, was due to an increase in demand for FUROSCIX further into the commercial launch and related manufacturing costs. scPharmaceuticals ended the first quarter of 2025 with $57.5 million in cash and cash equivalents compared to $75.7 million in cash and cash equivalents as of December 31, 2024. Net cash outflows in the first quarter included certain incentive compensation payouts and an increase in accounts receivable from our customers. We expect quarterly net outflows to decrease for the balance of 2025 as revenues increase and other cash outflows normalize. We continue to monitor our exposure to tariffs as the market landscape changes. We currently do not expect a material impact on our supply chain costs and believe that our exposure would be mainly limited to the cost of the drug component of FUROSCIX. I will now pass the call back to John for concluding remarks. John Tucker In the first quarter of 2025, scPharmaceuticals delivered solid progress across our commercial, operational and financial fronts and believe we are in the early stages of a FUROSCIX growth acceleration. We remain confident in our ability to scale effectively and deliver value for patients and shareholders alike. We will now open the call for questions. Operator? Operator Roanna Ruiz, Leerink Partners. Roanna Clarissa Ruiz A couple from me. So I wanted to start with the launch in CKD as of April. What signs of growing physician traction are you seeing in the field so far? And could you talk a bit about the features or characteristics of the newer patients that are getting FUROSCIX that also have CKD? John Tucker Roanna, it's John. I'll turn that over to Steve to answer the question, Steve? Steve Parsons Yes, it's been very positive. We're getting every single day, I see CKD patients prescriptions, new accounts, nephrologists who are also using it in heart failure. So we're seeing that as well. It's meeting our early expectations. We expect good things from this specialty. And so far, they're delivering. John Tucker So I think, Roanna, we're seeing -- what we see is nephrology. We don't see it indicated specifically for CKD or for heart failure. So we are seeing everyday nephrology scripts, and that's accelerating. Roanna Clarissa Ruiz That helps. And I wanted to follow-up and ask about the increase in sales to IDNs as well in the quarter. Do you think that could continue into subsequent quarters in 2025? And any other color you can give on the cadence of orders and things like that? John Tucker So this is John, and Steve, I'll pass it to you in a second. Yes. So we expect Q2 to be much bigger than Q1 in IDNs. It's a key component of our strategy for a number of reasons, doctors can order off their EMR, goes right through the specialty pharmacy that's associated with the IDN. They can use it to facilitate a discharge. So we have a big emphasis there and we're continuing to see growth there. As someone said, does some of that cannibalize your other business. We're seeing both grow, especially in this quarter over last quarter, significant growth, the highest we've seen yet quarter-over-quarter. We're almost halfway through May and it's being driven primarily outside of the IDNs, but also IDN growth as well. Operator Stacy Ku, TD Cowen. Stacy Ku Congrats on the quarter. So first question is a bit of a follow-up. So we understand it's still really early days, but maybe can you talk about the CKD launch and how it's progressing in comparison, so relative to the early heart failure launch for FUROSCIX. So maybe talk about some initial signals that give you confidence in the launch. So that's the first question. Then the second question is on reimbursement. Could you talk about access for both heart failure and maybe talk about the early experience for CKD patients, what has been the feedback there? And then last question, a little bit of a kind of detailed question. What percent of your Medicare FUROSCIX patients have signed up for this smoothing? Are you able to kind of help raise the profile of this option? Is there high awareness now? Just help us understand kind of the cadence of signups. John Tucker Sure. Thanks, Stacy. Maybe I'll handle the last one and yes -- Steve Parsons So the CKD launch and the adoption is way faster than it was in heart failure. It's not even close. When we call on people, we're getting prescriptions the same day that we call on them. So -- and multiple prescriptions are happening from these offices. I feel like there must have been some pent-up demand. They were waiting for us to come to them. They give us comments that why didn't you call on us for heart failure too. We have heart failure patients. So it's been very good. When we get in and talk to them, they are responding. They can think of patients. And so the comparison, it's much faster. John Tucker And then as far as the smoothing question, Stacy, so it's hard for us to look at the data we see and know if they smooth or not. With one of the 4 major PBMs, we do see it. The other 3, we are blinded to it. But we do -- we are able to look at copays. So we are seeing, especially in April, May and even in March at the end of March, more patients with $0 copays in Medicare, which tells us 1 of 2 things. They've either gone through their $2,000 out-of-pocket. They've already hit that, or they've elected for smoothing. And that has accelerated our fill rate. To give you an example, in Q1 was around 46%. In April, it was 55%. That is due to either smoothing, more patients in smoothing or probably more patients getting through their cap. They're CKD patients, their heart failure patients. I don't think we have enough data on nephrology right now to answer your second question, to say they've smooth more or smooth less. Again, we only see about 25% of the plan smoothing. But we do see similar low copays, again, in the last 2 months of CKD patients and heart failure patients. Steve Parsons And I think you asked about reimbursement. Reimbursement is the same as it is for heart failure. The prescriptions are mostly going through with a simple prior auth. We're not noticing any additional rejections or need for appeal. The copays are about the same. So not noticing anything different about a patient with an indication of CKD versus heart failure, when it comes to reimbursement. Operator Douglas Tsao, H.C. Wainwright. Douglas Tsao I'm just curious, with the Part D redesign, we heard from one company that sort of suggested that they have visibility when patients get -- use up their out-of-pocket expense to move into catastrophic or sort of the point where they hit full coverage. Do you have that? And so are you able to, therefore, then direct patients to go ahead and get scripts filled? John Tucker So we have it. Again, we look at the copays that come in. We -- our hub will talk to the patients, and we'll be able to alert them what their copay is. We also received CMS claims for patients that are in catastrophic because they're listed in catastrophic because again, the rebate is different. But real time at the doctor's office, unless they can get the hub on the phone like immediately and run that benefit verification, we wouldn't know that. But again, what we do at the hub is as soon as the patient -- we know the patient copay, we'll alert the patient if it's a large copay, we'll automatically offer them smoothing. Now we can't enroll them in smoothing. It has to go through the plan, but we'll give them the form from the plan, give them the phone number for the plan. We're also out promoting the smoothing to doctors. I think doctors were, as I talked about in March, a little confused at the beginning. I think they understand it now, and they're more active on their patients where they feel they're probably going to have a high copay and actually encouraging them to enroll. We have the forms at the doctor's office. So we're seeing more and more smoothing patients every day. Again, the data we see, we see the $0. We have the hub that speaks to the patient and understand that the patient has gotten through their out-of-pocket. Douglas Tsao Okay. That's helpful. And then just in terms of the CKD launch, I'm just curious, are you largely now seeing patients who sort of have a comorbidity in kidney disease and heart failure? Or are you seeing evidence of patients who only have CKD getting prescriptions for FUROSCIX? John Tucker Yes. Thanks, Doug. Steve? Steve Parsons Yes. So we do definitely see patients with CKD only as their indication. That's clear. But there's also a lot of patients who have CKD and heart failure coming from nephrology that we weren't getting before because we weren't calling on nephrology. So it's a double bonus for us because now we're calling on them for chronic kidney disease, and they have a lot of heart failure patients. But there are CKD-only indicated patients that are getting FUROSCIX. Operator (Operator Instructions) Chase Knickerbocker, Craig-Hallum. Chase Knickerbocker Just first quick housekeeping. Can you share the doses per script in Q1? Steve Parsons 7.4 was the average doses per script. So it was up again from Q4. I look at it monthly. I don't see it going much more than that. It's kind of stabilized around 7, but that's what it was in Q1 here in Q2. It's not going to 8. It's staying right around there. So we might have hit some kind of a normal dose number now around that, around 7 to 7.4. Chase Knickerbocker What was it in Q4, Steve? And then just any initial inkling on -- Steve Parsons Sorry, 6.8, I think, is what it was in Q4. Did you say -- Chase Knickerbocker Any initial inkling on what we're going to see from CKD patients as far as doses per script? Steve Parsons It's been similar. John Tucker It's been similar so far, Chase. Chase Knickerbocker And then just maybe following up on an earlier question. I mean, obviously, it's good to see the improvement in fill rate in April. Can you maybe just kind of share some more specifics, if you can, just on kind of the percentage of patients where you were seeing either smoothing or already at their out-of-pocket maximums in Q4 versus what you're seeing in April and kind of what -- if that's kind of a big piece of that driver in April as far as that improvement? John Tucker You mean from Q1 to April? Chase Knickerbocker I do, sorry. John Tucker Yes. Steve Parsons Yes. I mean there is -- it's a noticeable difference of the number of $0 copays here in Q2, April and May is continuing. We had some trouble in January and February with high copays. I mean that -- there's no secret about that. And it is like night and day. So we know. We just know from that, that people are getting to either sign up for smoothing or they've reached their out-of-pocket cap. And that's only going to increase. I mean, nobody is going backwards from $0. Those patients can get FUROSCIX again and again this year for $0. John Tucker Yes. I mean, so we've seen an improvement in the fill rate. Again, I said 55% in April. But we also -- and I think we've spoken about this before, the difference you see in prescriptions written when doctors can write them. I mean, we're -- we talked about the acceleration from Q1 to Q2, what we're seeing halfway through the quarter is dramatically higher increase in doses shipped than we've seen quarter-over-quarter. Again, we're only halfway through the quarter than we've seen before. But it's driven by 2 things, obviously driven by that much higher fill rate, but also driven by the number of scripts that are actually being written. And they -- again, I think the scripts being written follows that fill rate up if docs have confidence that patients can get it. And docs now know about the smoothing. They know we're out there educating. They know about the lower patient out-of-pocket. And so I think they have more confidence that these scripts will get filled and their patients will get therapy. So again, it's a marked difference between -- really, we started seeing some of this in March. March was a decent month for us, but it's accelerated in April. The jump in doses filled from March to April was the biggest month we've had and considers and continue to see that growth in May. Chase Knickerbocker And on that front, last quarter, you gave us some just kind of overview thoughts on kind of where the Street was. And you performed in line to a little bit better than that in Q1. If we look at Street estimates still around $74 million, $75 million, it implies kind of, call it, mid-30% kind of growth sequentially on a revenue basis. Can you just kind of speak to your thoughts there? And it sounds like you're seeing an inflection in volume in the first couple of months, but maybe just kind of speak to current trends. John Tucker Yes. So again, we have seen that inflection again started, Chase, really in March and then second half of March and then into April, and it's carried through to May. So I think we're -- we feel comfortable about the full year. We feel comfortable about this quarter, Q2. We knew the headwinds we were going to face in Q1. I mean, we know we have a GTN headwind. We saw the GTN headwind in Q1, which knocked down our revenue versus Q4. We have a little bit more here, but we think we're going to way more than grow through that. Are we going to have an extra 3 or 4 points in GTN hit this quarter? Probably it starts stabilizing after that. But the growth rate we're seeing -- and again, it's halfway through the quarter, but it's accelerated through April into May and from March into April. So we're bullish on this quarter. We're bullish on this year. Obviously, these trends have to continue. But if you think about copays, they can only go down from here. They cannot go up. They're capped at $2,000. These are heart failure patients, chronic kidney disease patients that are on a lot of different drugs. So we're going to continue to enroll them and smoothing when that makes sense. But for a lot of these patients, they're going to be blowing through that cap. And so we really feel bullish about the balance of the year. Operator Ladies and gentlemen, I'm showing no further questions in the queue. That concludes the scPharmaceuticals first-quarter 2025 earnings conference call. I would now like to turn the call back over to the company for any closing remarks. John Tucker Well, thank you once again for joining us. We look forward to keeping you updated on our progress, as we believe we are well positioned for success in 2025. Thank you. Operator Ladies and gentlemen, that concludes today's conference call. Thank you for your participation. You may now disconnect. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
ScPharmaceuticals, Inc. (SCPH) Reports Q1 Loss, Misses Revenue Estimates
ScPharmaceuticals, Inc. (SCPH) came out with a quarterly loss of $0.34 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to loss of $0.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -25.93%. A quarter ago, it was expected that this company would post a loss of $0.40 per share when it actually produced a loss of $0.35, delivering a surprise of 12.50%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. scPharmaceuticals , which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $11.75 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 3.67%. This compares to year-ago revenues of $6.1 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. ScPharmaceuticals shares have lost about 34.5% since the beginning of the year versus the S&P 500's gain of 0.1%. While scPharmaceuticals has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for scPharmaceuticals: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.28 on $16.95 million in revenues for the coming quarter and -$1.03 on $76.42 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Biomedical and Genetics is currently in the top 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Fortress Biotech (FBIO), another stock in the same industry, has yet to report results for the quarter ended March 2025. This biopharmaceutical company is expected to post quarterly loss of $0.44 per share in its upcoming report, which represents a year-over-year change of +57.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Fortress Biotech's revenues are expected to be $10.3 million, down 21% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report scPharmaceuticals, Inc. (SCPH) : Free Stock Analysis Report Fortress Biotech, Inc. (FBIO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
07-03-2025
- Business
- Yahoo
FDA approves scPharmaceuticals' Furoscix sNDA for oedema in CKD
The US Food and Drug Administration (FDA) has approved scPharmaceuticals' supplemental new drug application (sNDA) for Furoscix(furosemide), expanding its indication to include oedema treatment in individuals with chronic kidney disease (CKD). scPharmaceuticals is headquartered in Burlington in the US state of Massachusetts. The Furoscix 80 mg/10 ml subcutaneous injection is intended for oedema in adult CKD patients, including those with nephrotic syndrome. scPharmaceuticals CEO John Tucker stated: "We are thrilled to announce that the FDA has approved the sNDA for Furoscix, expanding the indication to include the treatment of oedema in patients with chronic kidney disease. This milestone marks a significant step forward for the Furoscix franchise and underscores our commitment to addressing the unmet needs of cardiorenal patients. "In anticipation of this approval, we have taken strategic steps to ensure a successful launch, including key opinion leader engagement, comprehensive market research and commercial readiness initiatives.' The therapy will be available for individuals with CKD in April 2025. Furosemide's primary action is the inhibition of sodium and chloride reabsorption in the proximal and distal tubules and the loop of Henle. Its high diuretic effect is primarily due to its specific site of action. The effect on the distal tubule is not dependent on carbonic anhydrase or aldosterone's inhibitory effect. The therapy is contraindicated in individuals with anuria or with a history of hypersensitivity to furosemide, any of its components or medical adhesives. Clinical trials have identified common adverse events with Furoscix administration as site and skin reactions such as bruising, oedema, injection site pain and erythema. "FDA approves scPharmaceuticals' Furoscix sNDA for oedema in CKD" was originally created and published by Pharmaceutical Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
