Report
Juan Ros-Padilla

Pharma Mar : Q3 preview: oncology sales to normalize after the Q2 ‘early-access’ adjustment

>Oncology revenues normalise and return to the levels seen in Q1 2023/Q4 2022 - Q3 2023 results will be released next 26 October. We expect total revenue to decrease by 27% y-o-y to € 30m explained by lower royalties (-50% y-o-y to € 7m), lower licences (-19% to € 6m) and the normalisation of the oncology revenues (-21% to € 17m vs the € 28m seen in Q2 that were inflated by the one-off ‘early-access’ adjustment in Lurbinectedin. At the EBITDA level, we expect a slight...
Underlying
Pharma Mar SA

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Juan Ros-Padilla

Other Reports on these Companies
Other Reports from Oddo BHF
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David
Benoit Valleaux ... (+5)
  • Benoit Valleaux
  • Roland Pfaender
  • MBA
  • CFA
  • CCRA
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David

ResearchPool Subscriptions

Get the most out of your insights

Get in touch