Basilea Receives $30 Million Milestone Payment as Cresemba Antifungal Sales Surge 27% Globally
核心洞察
Basilea Pharmaceutica received a $30 million milestone payment from Pfizer following strong European sales performance of the antifungal drug Cresemba (isavuconazole).
Global sales of Cresemba reached $652 million in the 12 months between July 2024 and June 2025, representing a 27% year-over-year growth.
The drug is approved in over 70 countries for treating life-threatening invasive mold infections including invasive aspergillosis and mucormycosis.
Basilea Pharmaceutica announced it has received a $30 million milestone payment from licensing partner Pfizer following strong sales performance of the antifungal drug Cresemba (isavuconazole) in Europe. The payment was triggered when European sales exceeded predetermined thresholds, highlighting the growing demand for treatments addressing life-threatening invasive fungal infections.
Strong Global Growth Momentum
According to the latest market data from IQVIA Analytics Link, total global in-market sales of Cresemba reached $652 million in the 12 months between July 2024 and June 2025, representing a 27% year-over-year growth. This robust performance underscores the significant medical need for effective antifungal therapies in treating invasive mold infections.
"This further milestone payment for Europe reflects the significant medical need and strong growth momentum of Cresemba in the region," stated David Veitch, Basilea's Chief Executive Officer. "We are pleased to see that Cresemba continues to address this need in patients suffering from life-threatening invasive mold infections."
Broad Global Approval and Indications
Cresemba is currently approved and marketed in more than 70 countries, including the United States, most EU member states, and additional countries across Europe and beyond. The drug has secured orphan drug designation in the US, European Union, UK, and other countries for its approved indications.
In the European Union, Iceland, Liechtenstein, Norway, and the United Kingdom, intravenous isavuconazole is approved for patients from one year of age for treating invasive aspergillosis and mucormycosis in patients for whom amphotericin B is inappropriate. The oral capsule formulation is approved for adults and pediatric patients six years of age and older who weigh 16 kg or more.
Comprehensive Treatment Options
Cresemba, containing the active ingredient isavuconazole, is available as both an intravenous and oral azole antifungal medication. This dual formulation approach provides healthcare providers with flexibility in treating patients with severe invasive fungal infections across different clinical settings and patient populations.
Basilea has established license and distribution agreements for isavuconazole covering approximately 115 countries, with approvals extending beyond Europe to include the United States, Japan, and several countries in the Asia Pacific region.
Company Profile and Portfolio
Founded in 2000 and headquartered in Switzerland, Basilea Pharmaceutica is a commercial-stage biopharmaceutical company focused on discovering, developing, and commercializing innovative drugs for patients with severe bacterial and fungal infections. The company has successfully launched two hospital brands: Cresemba for invasive fungal infections and Zevtera for bacterial infections, while maintaining a portfolio of preclinical and clinical anti-infective assets.
