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Thursday, April 22, 2021

Radius Health pre-earnings update

 Radius Health, Inc. (“Radius” or the “Company”) (Nasdaq: RDUS), provided the following business update. The Company’s first quarter 2021 earnings will take place on Friday, May 7 at 8:30am EST.

  • Growth of 14% for new U.S. TYMLOS® patients in Q1, 2021 vs. Q4, 2020

  • Q1, 2021 TYMLOS net revenue impacted by seasonality and distribution channel destocking

  • April, 2021 month-to-date new patient adds indicate significant patient growth

  • Three pivotal studies: all remain on track for 2H, 2021 readouts: elacestrant (EMERALD), abaloparatide (ATOM & wearABLe)

  • Bioequivalence (TD) and human factor studies (ATOM & wearABLe): studies completed and successful outcomes achieved

  • RAD011 June Type C FDA meeting confirmed; Prader Willi Syndrome (PWS) protocol discussion

  • PWSA Conference, June 23: RAD011 abstract accepted, oral presentation on previous Phase 2 data

  • Lifecycle for RAD011: additional target orphan indications – beyond PWS – being analyzed

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