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Arcadia Pharmaceuticals Reports Q3 Revenue Growth and Raises DAYBUE Guidance

The Motley Fool +1 · ·by G4L

ACAD
ACAD Acadia Pharmaceuticals Inc
$16.50 -22.28%
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  1. 1Arcadia Pharmaceuticals recorded total revenue of $342 million in the third quarter.
  2. 2Arcadia Pharmaceuticals achieved 39% year-over-year growth in DAYBUE net sales in the third quarter.
  3. 3More than 50% of DAYBUE patients in the U.S. transitioned to the STIX formulation by the end of the third quarter.

So what's the key point?

Arcadia Pharmaceuticals recorded $342 million in third-quarter revenue. Company performance is improving as DAYBUE sales increase.

Source The Motley Fool +1 · View original ↗

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