Contradictions in LUPKYNIS and AUR200: Insights from the Latest Earnings Call

Generated by AI AgentAinvest Earnings Call Digest
Thursday, Jul 31, 2025 6:03 pm ET1min read
AUPH--
Aime RobotAime Summary

- Aurinia Pharmaceuticals reported 22% and 23% revenue growth for Q2 and H1 2025, driven by increased LUPKYNIS sales to specialty pharmacies.

- LUPKYNIS net sales rose 21% ($66.6M Q2) and 23% ($126.5M H1) due to expanded lupus nephritis market penetration.

- Cash flow improved to $45.5M for H1 2025 from -$2.8M in 2024, attributed to 2024 strategic restructuring.

- Positive Phase I results for aritinercept were announced, with planned trials in two autoimmune diseases by late 2025.



Revenue and Product Sales Growth:
- Aurinia PharmaceuticalsAUPH-- reported total revenue of $70 million for the 3 months ended June 30, 2025, and $132.5 million for the 6 months ended June 30, 2025, up 22% and 23%, respectively, from the same periods in 2024.
- The growth was primarily due to an increase in the number of LUPKYNIS cartons sold to specialty pharmacies, driven by further LN market penetration.

LUPKYNIS Sales Performance:
- Net product sales of LUPKYNIS for the 3 and 6 months ended June 30, 2025, were $66.6 million and $126.5 million, respectively, up 21% and 23% from the same periods in 2024.
- The increase was primarily due to an increase in the number of LUPKYNIS cartons sold to specialty pharmacies, driven by further LN market penetration.

Cash Flow and Financial Strength:
- AuriniaAUPH-- generated $45.5 million in cash flow from operations for the 6 months ended June 30, 2025, compared to a negative $2.8 million in the same period of 2024.
- This improvement was partly due to the company's strategic restructuring in 2024.

Aritinercept Clinical Progress:
- Aurinia reported positive results from its aritinercept Phase I single ascending dose study on June 30, 2025.
- The company is on track to initiate further clinical studies for aritinercept in at least two autoimmune diseases by the second half of 2025.

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