RARE
Ultragenyx Pharmaceutical Inc.34.34
-1.89-5.22%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A details UX111 CRL, Angelman rigor
Q&A clarified the fresh UX111 CRL demands full CMC documentation like SOPs, with management vowing quick resubmission for a 6-month PDUFA clock post-acceptance. Angelman details emerged on Phase III baselines matching priors, central Bayley raters for consistency, and GTX-102's potency at lower doses than Ionis. Profitability hinges on base business double-digit growth, 15%+ expense cuts by 2027, PRVs modeled north of $100M each, and launches like DTX401 at $1-2M pricing. Restructuring shelves early gene therapy advances to diversify pipeline. No walk-backs; management confident on approvals. Q&A largely reaffirms script but adds execution color. Watch BLA resubs, Angelman data.
Key Stats
Market Cap
3.31BP/E (TTM)
-Basic EPS (TTM)
-5.93Dividend Yield
0%Recent Filings
8-K
Positive DTX301 Phase 3 data
Ultragenyx announced positive Phase 3 Enh3ance results for DTX301 gene therapy in OTC deficiency on March 12, 2026. Treated patients (n=18) hit an 18% (p=0.018) drop in 24-hour ammonia versus placebo (n=19) at Week 36, normalizing levels despite cutting scavenger meds 27% and boosting protein intake 13%. Safety held up well; fewer crises hit treated group. Study rolls to 64-week data in H1 2027.
8-K
FDA accepts DTX401 BLA
Ultragenyx announced FDA acceptance of its DTX401 gene therapy BLA for GSDIa on February 23, 2026, earning Priority Review with a PDUFA target of August 23, 2026. This fast-tracks potential approval for the one-time AAV treatment. Risks shadow the path: manufacturing compliance and inspection outcomes loom large.
10-K
FY2025 results
Ultragenyx posted FY2025 revenue of $673M, up 20% y/y, with product sales surging 29% to $369M on Crysvita's Latin America ramp and Evkeeza's EMEA/Japan launches, while Crysvita royalties rose 11% to $304M from patient growth. R&D jumped 7% to $750M amid UX111 manufacturing for BLA resubmission and GTX-102 Phase 3 enrollment, yet Q4 saw UX143 Phase 3 misses trigger 10% workforce cuts for $130M+ savings. Cash swelled to $737M post-$392M OMERS royalty sale, funding to Q3 2026 PDUFA. Debt-free with $392M OMERS inflows. Q4 momentum cooled on pipeline stumbles. Clinical delays from FDA holds threaten quarterly ramps.
8-K
Restructuring cuts 130 jobs
Ultragenyx launched a strategic restructuring on February 12, 2026, cutting 10% of its workforce—about 130 employees—to slash expenses and target 2027 profitability. Expect $50 million in charges, mostly from UX143 manufacturing terminations. Revenue hit $673 million in 2025, up 20%; 2026 guidance $730-760 million. RIF wraps up H1 2026, but actual costs may vary.
8-K
UX111 shows durable MPS IIIA gains
Ultragenyx announced long-term data on February 3, 2026, showing UX111 gene therapy for MPS IIIA delivers durable biomarker improvements and functional benefits versus natural history. Young or early-stage patients (n=17) gained +23.2 points in Bayley-III scores (p<0.001). Data is well-tolerated. Presentation hits WORLDSymposium on February 6.
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