NEU neuren pharmaceuticals limited

Acadia, page-1290

  1. 3,252 Posts.
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    Eagle0
    *There is no denying that the reported revenues are rising however fewer patient starts and steady patient discontinuations have in my view meant that patient recruitment has flatlined recently.
    *It must be remembered that none of these revenue numbers are audited and that there is some element of price increases included in revenue stats.
    *Q3 2024 revenue of US$91.2M was a 7.8% increase over Q2 2024 revenue.
    *My focus on unit sales is merely that this is a definitive number that can measured over a period of time to the exact day.In contrast the advice and timing of patient discontinuations is rubbery by its very nature
    *.Acadia earlier in the year downgraded its original 2024 revenue guidance from US$370M-US$420M to the current level of US$340M-$350M[say15%] which clearly indicated that a patient recruitment and retention problem had occurred.
    *In my view increasing net patient numbers is the only marker that matters -increased smallish revenue by itself is not what I hope to see .
    Kens
 
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