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TherapeuticsMD announced its Q4 and full-year 2020 financial results, highlighted by a 30% increase in total net product revenue for Q4 compared to Q3, and an 84% increase for the full year compared to 2019. The company also amended its financing agreement, updated net revenue covenants, and plans to pay down $50 million in debt.
Total net product revenue increased by 30% in Q4 2020 compared to Q3 2020.
ANNOVERA® net product revenue increased by 42% in Q4 2020 compared to Q3 2020.
The financing agreement was amended to update minimum net revenue covenants.
The company plans to pay down $50 million in debt.