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Sales of migraine drug exceed expectations at Lundbeck during third quarter

The third quarter financial results at Lundbeck were more or less as expected, though one high point was miraine drug Vyepti, where sales surpassed analysts' expectations. The company is turning up the heat on the US market as it looks to the future.

Photo: Thomas Borberg

There were no surprises in Lundbeck's Q3 report released on Wednesday morning. The company has more or less performed as it expected to – exceeding some targets, meeting some exactly, and narrowly missing others.

Revenue is one of the parameters where the company came in slightly under analysts' estimates. As expected, the company has suffered from patent loss for its drug Northera, but this has had a greater impact than expected, with revenue totaling DKK 4013 (USD 624.4m) compared to the predicted DKK 4074m (USD 633.9m).

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