Incyte — Apr 29, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000879169-25-000053
Showing in the filing
High impact launches
“more than 10”
Period
FY2030
Measure
Company-defined measure
Source
Prose
All guidance in this release · 10
Jakafi net product revenues (raised full yea… for FY2025
“$2,950 - $3,000 million”
Opzelura net product revenues for FY2025
“$630 - $670 million”
Other oncology net product revenues for FY2025
“$415 - $455 million”
GAAP Cost of product revenues for FY2025
“8.5% - 9.0% of net product revenues”
Non-GAAP Cost of product revenues for FY2025
“7.5% - 8.0% of net product revenues”
GAAP Research and development expenses for FY2025
“$1,930 - $1,960 million”
Non-GAAP Research and development expenses for FY2025
“$1,780 - $1,805 million”
GAAP Selling, general and administrative exp… for FY2025
“$1,280 - $1,310 million”
Non-GAAP Selling, general and administrative… for FY2025
“$1,160 - $1,185 million”
High impact launches for FY2030
“more than 10”
Exhibit 99.1 · the passage around this item
… earlier in the release
Forward-Looking Statements Except for the historical information set forth herein, the matters set forth in this release contain predictions, estimates and other forward-looking statements, including any discussion of the following: Incyte’s potential for continued performance and growth; Incyte’s ability to achieve both its full-year and long-term objectives; Incyte’s financial guidance for 2025, including its expectations regarding sales of and demand for Jakafi and Opzelura; expected revenue contribution from Niktimvo and additional near-term launches; the potential of povorcitinib to be a multibillion-dollar product; the possibility for 2025 to be a transformational year for Incyte in terms of launches, phase 3 study initiations, pivotal readouts and proof of concept readouts; Incyte’s potential to have more than 10 high impact launches by 2030; the potential and progress of programs in our pipeline; ongoing clinical trials and clinical trials that may be initiated; expectations regarding discussions with regulators, regulatory submissions and regulatory approvals; plans to present data at upcoming medical conferences; Incyte’s exposure to potential tariffs; and 2025 newsflow items. These forward-looking statements are based on Incyte’s current expectations and subject to risks and uncertainties that may cause actual results to differ materially, including unanticipated developments in and risks related to: further research and development and the results of clinical trials possibly being unsuccessful or insufficient to meet applicable regulatory standards or warrant continued development; the ability to enroll sufficient numbers of subjects in clinical trials and the ability to enroll subjects in accordance with planned schedules; determinations made by the FDA, EMA and other regulatory agencies; Incyte’s dependence on its relationships with and changes in the plans of its collaboration partners; the efficacy or safety of Incyte’s products and the products of Incyte’s collaboration partners;
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.