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Avadel Pharmaceuticals

Avadel Pharmaceuticals logo
🇮🇪Ireland
Ownership
Public
Established
1990-01-01
Employees
154
Market Cap
$1.5B
Website
http://www.avadel.com
Introduction

Avadel Pharmaceuticals Plc engages in the development and commercialization of pharmaceutical products. Its main product is LUMRYZ is an extended-release formulation of sodium oxybate, which used in the treatment of cataplexy or EDS in adults with narcolepsy. The company was founded on July 21, 1990 and is headquartered in Dublin, Ireland.

Avadel Pharmaceuticals plc: Avadel Announces Preliminary 2024 Results and 2025 Commercial Priorities to Accelerate the LUMRYZ Launch

Avadel Pharmaceuticals reported a significant increase in LUMRYZ sales, with Q4 2024 net revenue of $50.0 million, over 150% growth from 2023. By December 31, 2024, 2,500 patients were on LUMRYZ, aiming for $240-$260 million revenue in 2025. The company plans to enhance LUMRYZ's market presence and patient experience.
globenewswire.com
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Avadel Announces Preliminary 2024 Results and 2025 Forecast

Avadel Pharmaceuticals reported a significant increase in LUMRYZ™ sales, with Q4 2024 net revenue of approximately $50.0 million, a 150% increase from 2023. By December 31, 2024, 2,500 patients were on LUMRYZ, with 600 initiating therapy in Q4. The company forecasts 2025 net product revenue between $240 - $260 million, aiming for 50% year-over-year growth. Avadel is advancing its Phase 3 trial for idiopathic hypersomnia and developing a low-/no-sodium oxybate formulation.
morningstar.com
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Avadel Announces Preliminary 2024 Results and 2025 Commercial Priorities to Accelerate Growth

Avadel Pharmaceuticals reported a significant increase in LUMRYZ™ sales, with Q4 2024 net revenue of approximately $50.0 million, over 150% growth from Q4 2023. By December 31, 2024, 2,500 patients were on LUMRYZ, with 600 initiating therapy in Q4. The company anticipates $240 – $260 million in net product revenue for 2025, aiming for 50% year-over-year growth. Avadel is enhancing its commercial strategy to expand LUMRYZ's market reach and improve patient experience.

Avadel Pharmaceuticals sees FY25 revenue $240M-$260M

The REVITALYZ Phase 3 study for LUMRYZ in IH is ongoing, with completion expected in late 2025. Preclinical work continues on a low-/no-sodium oxybate formulation. 2025 guidance is preliminary, based on current market views and assumptions, with actual results potentially varying.
manilatimes.net
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Avadel Announces Preliminary 2024 Results and 2025 Commercial Priorities to Accelerate the LUMRYZ Launch

Avadel Pharmaceuticals reported a significant increase in LUMRYZ™ sales, with Q4 2024 net revenue of ~$50.0M, up over 150% from 2023. By Dec 31, 2024, 2,500 patients were on LUMRYZ, aiming for $240-260M in 2025 revenue. The company focuses on narcolepsy treatment, with ongoing Phase 3 trials for idiopathic hypersomnia.
reportify.ai
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Avadel Pharmaceuticals plc Reports Q4 2024 LUMRYZ Net Revenue of $50.0M, a 150% Increase from Q4 2023

Avadel Pharmaceuticals reported Q4 2024 LUMRYZ net revenue of $50.0M, a 150% increase from Q4 2023. Full-year 2024 revenue was $169.0M, with 2025 guidance at $240–$260M. 2,500 patients were on LUMRYZ by end-2024, aiming for 3,300–3,500 by end-2025. Phase 3 REVITALYZ study completion expected H2 2025.
finance.yahoo.com
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Avadel Pharmaceuticals plc (AVDL) Latest Stock News & Significant Growth in LUMRYZ™ Sales

Avadel Pharmaceuticals reported significant growth in LUMRYZ™ sales, with $50M in Q4 2024, a 150% increase from 2023, and 2,500 patients by year-end. Projected 2025 revenue is $240-260M, a 50% growth. FDA approved LUMRYZ for narcolepsy treatment, granting exclusivity until 2031. Avadel also announced employee inducement awards and plans for corporate updates.

Avadel Pharmaceuticals to Provide a Corporate Update and Preliminary Fourth Quarter and Full Year 2024 Financial Highlights on January 8

Avadel Pharmaceuticals plc announced a conference call and webcast on January 8, 2025, to discuss its Q4 and full-year 2024 preliminary financial results. The event will be accessible via the company's website, with a replay available for 90 days. Avadel focuses on innovative medication development, including its FDA-approved product LUMRYZ™ for narcolepsy treatment.
neurologylive.com
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NeurologyLive Year in Review 2024: Top Stories in Sleep Disorders

In 2024, NeurologyLive® highlighted neurology advancements, focusing on sleep disorders. Key updates included FDA approvals for narcolepsy treatments, promising phase 3 trial results for sleep apnea, and a deep learning model predicting cognitive status from sleep EEG data. Light therapy showed benefits for Alzheimer's disease symptoms.

Axsome Therapeutics eyes approval after Phase III narcolepsy win

Axsome Therapeutics' AXS-12 met primary endpoint in Phase III ENCORE trial, reducing cataplexy attacks by 72% at one month and 82% at six months. The company plans to submit an NDA to the FDA.
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