Ipsen posts strong third quarter results, raises outlook

23 October 2024

Ipsen (Euronext: IPN) has reported robust financial results for the third quarter of 2024, reflecting solid growth across key product lines.

The French biotech posted quarterly sales of 837 million euros ($884 million), up 8.6% year-on-year at constant exchange rates.

The company’s revenue increase was driven by a strong performance in its oncology, neuroscience, and rare disease segments. Oncology sales reached 604 million euros, up 5.6%, while neuroscience sales rose 10% to 182 million euros.

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