Palovarotene delay is the fly in the ointment for Ipsen

27 October 2022

Ipsen (Euronext: IPN) has reported a 16% rise in its revenue for the third quarter of 2022.

The French drugmaker’s quarterly sales total hit 775 million euros ($776 million), with the growth attributed to the 54% rise in sales of facial wrinkles treatment Dysport (botulinum toxin type A), helping to offset the slowdown in revenue from neuroendocrine tumors drug Somatuline (lanreotide).

"Our growth platforms have delivered a double-digit sales performance, reflecting improving commercial execution and the strength of our portfolio"

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