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Horizon Therapeutics Raises FY20 Sales Guidance From $1.85B-$1.90B to $2.12B-$2.14B vs $1.95B Est.


Benzinga | Nov 2, 2020 07:07AM EST

Horizon Therapeutics Raises FY20 Sales Guidance From $1.85B-$1.90B to $2.12B-$2.14B vs $1.95B Est.

The Company now expects full-year 2020 net sales to range between $2.12 billion and $2.14 billion, an increase from the previous guidance range of $1.85 billion to $1.90 billion. The Company now expects TEPEZZA full-year 2020 net sales of greater than $800 million, compared to the previous guidance of greater than $650 million, and low double-digit KRYSTEXXA full-year 2020 net sales growth. Full-year 2020 adjusted EBITDA is now expected to range between $920 million and $940 million, an increase from the previous guidance range of $725 million to $775 million.






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