Day One Biopharmaceuticals reported strong early launch performance of OJEMDA, achieving $8.2 million in net product revenues during the initial two months, and made significant progress advancing its programs and pipeline, including the addition of DAY301.
Achieved $8.2 million in OJEMDA net product revenues in initial 2 months of launch.
Expanded pipeline with DAY301, a potential first-in-class Antibody Drug Conjugate (ADC) targeting PTK7.
Entered into exclusive licensing agreement with Ipsen to commercialize tovorafenib outside of the U.S. for approximately $111 million upfront.
Entered into a definitive agreement for an oversubscribed private placement of its securities for total gross proceeds of approximately $175 million.
No specific forward guidance was provided in the press release.
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