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RIGEL PHARMACEUTICALS (RIGL)

Earnings summaries and quarterly performance for RIGEL PHARMACEUTICALS.

Recent press releases and 8-K filings for RIGL.

Rigel Pharmaceuticals Reports Strong Product Sales Growth and Increased Revenue Guidance
RIGL
Revenue Acceleration/Inflection
Guidance Update
New Projects/Investments
  • Rigel Pharmaceuticals reported strong U.S. net product sales growth of 65% year-over-year to $64.1 million in Q4 2025 and $166 million through Q3 2025.
  • The company increased its total revenue guidance for 2025 to $285-$290 million, with net product sales guidance of $225-$230 million.
  • Key product performance includes Tavalisse sales of $44.7 million with 70% year-over-year growth, Gavreto sales growing to over $11 million per quarter, and Rezlidhia showing 50% year-over-year growth.
  • Rigel achieved net income of approximately $28 million through Q3 2025 and increased its cash balance by $60 million to $137 million.
  • The company is advancing its pipeline, including the IRAK1/4 inhibitor program with an upcoming oral presentation at ASH and fast-track/orphan designation, and pursuing in-licensing opportunities for differentiated hematology/oncology assets.
5 days ago
Rigel Updates on Financial Performance, Product Growth, and Pipeline at Piper Sandler Conference
RIGL
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Rigel reported $166 million in total revenue through Q3 and $64 million in Q3 alone, achieving profitability in each of the first three quarters ,.
  • The company increased its full-year total revenue guidance to $285-$290 million, with net product sales guidance of $225-$230 million.
  • Key products demonstrated strong growth, including Tavalisse with 70% year-over-year growth to $44.7 million, Gavreto sales exceeding $11 million per quarter, and Rezlidhia growing 50% year-over-year.
  • Rigel's IRAK1/4 inhibitor program for lower risk MDS has received Fast-Track and Orphan Designation from the FDA, with new data to be presented at ASH and the dose expansion phase underway.
  • The company's cash balance increased by $60 million to $137 million, providing funding for pipeline opportunities.
5 days ago
Rigel Pharmaceuticals CFO Highlights Strong Commercial Growth and Pipeline Opportunities
RIGL
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Rigel Pharmaceuticals reported US net product sales of $64 million in Q3 and $166 million cumulatively through Q3, reflecting 65% year-over-year growth.
  • The company has increased its full-year guidance for total revenue to $285 million-$290 million, with net product sales projected at $225 million-$230 million and collaboration revenues at $60 million, representing 55%-59% year-over-year growth.
  • Rigel's commercial products, including TAVALISSE ($44.7 million) and GAVRETO (over $11 million), are experiencing significant growth, with TAVALISSE showing 70% year-over-year growth.
  • The company is advancing its pipeline with an IRAK1/4 inhibitor program in lower-risk MDS, which will have an oral presentation at ASH, and strategic collaborations for olutasidenib in various IDH1 positive indications.
  • Rigel maintains a strong financial position with a cash balance of $137 million and net income of approximately $28 million through Q3.
5 days ago
Rigel Pharmaceuticals Updates on Strong Commercial Growth, Profitability, and Pipeline Progress at Jefferies Conference
RIGL
Revenue Acceleration/Inflection
Guidance Update
New Projects/Investments
  • Rigel Pharmaceuticals reported strong financial performance, achieving profitability in 2024 and through the first three quarters of 2025, generating $60 million in cash year-to-date.
  • Net product sales for the last quarter reached $64 million, marking a 65% increase year-over-year, with significant contributions from TAVALISSE, REZLIDHIA, and GAVRETO.
  • The company raised its full-year 2025 guidance, projecting total revenue between $285-$290 million and net product sales of $225-$230 million, while reaffirming its expectation for net income positive results.
  • Rigel's pipeline includes R289, an IRAK1/4 inhibitor for low-risk MDS, with new data to be presented at the upcoming ASH meeting and a registration study targeted for 2027.
  • The strategic focus involves continued commercial expansion, in-licensing additional late-stage hematology and oncology assets, and funding transformational pipeline programs with internally generated cash.
Nov 18, 2025, 10:00 AM
Rigel Pharmaceuticals Highlights Profitability, Strong Commercial Growth, and Pipeline Development
RIGL
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Rigel Pharmaceuticals, a hematology and oncology biotech company, has achieved profitability and generated $60 million in cash this year thus far, with plans to invest this cash into transformational pipeline programs.
  • The company reported $64 million in net product sales last quarter, representing a 65% increase from the same quarter a year earlier, driven by strong performance from TAVALISSE, GAVRETO, and REZLIDHIA.
  • Rigel has raised its full-year revenue guidance to $285-$290 million, including $225-$230 million in net product sales, and anticipates 55-59% growth for the year.
  • Key pipeline assets include R289 for low-risk MDS, with a registration study planned for 2027, and Olutasidenib (REZLIDHIA) being explored in various new indications and collaborations.
Nov 18, 2025, 10:00 AM
Rigel Pharmaceuticals Reports Strong Commercial Growth and Raised Guidance
RIGL
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Rigel Pharmaceuticals reported $64 million in net product sales last quarter, marking a 65% increase from the prior year, with year-to-date net product sales reaching $166 million.
  • The company is profitable, having generated $60 million in cash year-to-date, and reported a net income of $27.9 million last quarter.
  • Rigel raised its full-year revenue guidance to $285 million-$290 million, with $225 million-$230 million expected from net product sales, and reiterated its guidance for being net income positive for the year.
  • Key pipeline asset R289 for low-risk MDS will have new data presented at ASH, with a registration study planned for 2027. The company also plans to in-license one or two additional molecules in the next few years to expand its commercial portfolio.
Nov 18, 2025, 10:00 AM
Rigel Pharmaceuticals Announces Publication of Final 5-Year REZLIDHIA Data and Collaboration Updates
RIGL
Product Launch
New Projects/Investments
  • Rigel Pharmaceuticals announced the publication of final five-year data from the pivotal Phase 2 registrational trial evaluating REZLIDHIA (olutasidenib) for the treatment of patients with relapsed or refractory (R/R) mutant isocitrate dehydrogenase-1 (mIDH1) acute myeloid leukemia (AML).
  • The published data demonstrated durable efficacy and a manageable safety profile for olutasidenib, including in patients previously treated with venetoclax-based regimens, with no new safety signals identified over five years.
  • In 147 efficacy evaluable patients, 35% achieved complete remission (CR) or CR with partial hematologic recovery (CRh), with a median duration of CR/CRh of 25.3 months. The overall response rate (ORR) was 48%, and the median overall survival (OS) was 11.5 months.
  • Rigel is also advancing strategic collaborations, including the activation of a fifth study with MD Anderson and the enrollment of the first patient in the CONNECT TarGeT-D study, to further evaluate olutasidenib in other IDH1-mutated myeloid malignancies and high-grade glioma.
Nov 17, 2025, 1:05 PM
Rigel Pharmaceuticals Reports Strong Q3 2025 Financial Results and Raises Full-Year Guidance
RIGL
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Rigel Pharmaceuticals reported total revenue of $69.5 million and record net product sales of $64.1 million for the third quarter of 2025, marking a 65% year-over-year increase in net product sales. The company also achieved net income of $27.9 million and ended the quarter with a cash balance of $137.1 million.
  • Based on strong performance, Rigel raised its full-year 2025 total revenue guidance to $285-$290 million and net product sales guidance to $225-$230 million, anticipating 55%-59% growth compared to 2024.
  • All three commercial products demonstrated significant year-over-year growth in Q3 2025: TAVALISSE net product sales grew 70% to $44.7 million, GAVRETO grew 56% to $11.1 million, and REZLIDHIA grew 50% to $8.3 million.
  • The company is advancing its pipeline, with the R289 study in lower-risk MDS completing dose escalation enrollment and beginning dose expansion, with updated data to be presented at the ASH annual meeting. Olutasidenib is also progressing through strategic collaborations for IDH1-mutated AML and glioma.
Nov 4, 2025, 9:30 PM
Rigel Raises 2025 Financial Guidance Following Strong Q3 2025 Performance
RIGL
Earnings
Guidance Update
New Projects/Investments
  • Rigel reported Q3 2025 Net Portfolio Sales of $64.1 million, marking a 65% increase compared to Q3 2024.
  • The company raised its 2025 net product sales guidance to $225 million – $230 million (from $210 million – $220 million) and total revenue guidance to $285 million – $290 million (from $270 million – $280 million).
  • Rigel anticipates achieving positive net income for the full year 2025.
  • Development programs are advancing, including the R289 Phase 1b study in lower-risk MDS, which has received Fast Track and Orphan Drug designations, and the expansion of olutasidenib through strategic collaborations for various hematologic and oncology indications.
Nov 4, 2025, 9:30 PM
Rigel Pharmaceuticals Reports Strong Q3 2025 Results and Raises Full-Year Guidance
RIGL
Earnings
Guidance Update
New Projects/Investments
  • Rigel Pharmaceuticals reported Q3 2025 total revenue of $69.5 million, including $64.1 million in net product sales, and a net income of $27.9 million.
  • For the nine months ended September 30, 2025, total revenues reached $224.5 million, resulting in a net income of $99.0 million.
  • The company raised its full-year 2025 total revenue guidance to approximately $285 to $290 million and net product sales guidance to $225 to $230 million, anticipating positive net income for the full year.
  • Rigel completed enrollment in the dose escalation phase and initiated the dose expansion phase of the Phase 1b study for R289 in lower-risk MDS, with updated data to be presented at ASH in December.
Nov 4, 2025, 9:11 PM