Neuren Pharmaceuticals jumps 16% after Q2 DAYBUE net sales hit US$125 million
Neuren Pharmaceuticals reported record Q2 DAYBUE net sales of US$125m (+30% YoY) and royalty income of US$12.9m (+34%), with strong adoption of the STIX formulation and supportive regulatory progress in Europe. Broker commentary highlighted higher expected royalties and milestone payments, reinforcing improved earnings visibility. The move is primarily single-name equity news with limited read-through to broader macro or crypto markets.
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Neuren Pharmaceuticals reported record Q2 DAYBUE net sales of US$125 million, up 30% year on year, alongside Q2 royalty income of US$12.9 million, up 34%. The company said stronger penetration of its new STIX powder formulation in the US contributed to the result. Neuren shares rose 16% on the session following the update.