United Therapeutics Corporation reported a 16% year-over-year increase in total revenues for the third quarter of 2022, reaching $516.0 million compared to $444.7 million in the third quarter of 2021. Net income also increased by 47% to $239.3 million, compared to $162.7 million in the same period of the previous year.
Total revenues grew 16% year-over-year to $516.0 million.
Net income increased 47% year-over-year to $239.3 million.
Tyvaso became the first $1 billion annual run rate product.
Tyvaso DPI launch contributed to the company's growth trajectory.
The company is focused on revenue growth, achieving 6,000 patients on Tyvaso by the end of 2022, and continuing clinical trials and research and development plans.
Visualization of income flow from segment revenue to net income