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Denali Therapeutics shared that it made $17.8 million from ABLEA sales last quarter, beating expectations.

ResultsRead the original at Benzinga
Good for DNLI

Denali’s ABLEA sales beat expectations, and management expects higher sales in Q4. Several clinical readouts are not due until 2027, but new product sales and cash support the company’s plans.

DNLI · Denali Therapeutics

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ABLEA gives Denali a new source of sales and shows its brain-delivery approach can support an approved medicine. More growth depends on clinical programs, and several data reports are expected in 2027. The company says its cash can fund plans through 2028.

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