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Tuesday, February 27, 2018

=Akcea Therapeutics (AKCA) reported earnings on Mon 26 Feb 2018 (a/h)



Akcea Therapeutics misses by $0.20, beats on revs 
  • Reports Q4 (Dec) loss of $0.35 per share, $0.20 worse than the two analyst estimate of ($0.15). Revenue totaled $18.04 mln, up 100% y/y
    • Co expects approval and launch of volanesorsen in mid-2018 in patients with FCS in US, EU and Canada.
    • Co will report top line results in the second half of 2018 from a Phase 2b trial of AKCEA-APO(a)-LRx in patients with high lipoprotein(a).
    • Co expects to report top line results in 2018 from an exploratory Phase 2 study of AKCEA-ANGPTL3-LRx in patients with rare hyperlipidemias.

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