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Ultragenyx Pharmaceutical shared its third-quarter results, including FDA approvals for two new treatments.

ResultsRead the original at Benzinga
Neutral

Ultragenyx won 2 FDA approvals and kept its 2026 sales forecast, but GTX-102 failed and the company ended UX701 after patient response fell short. Cost cuts aim to support profit by 2027, so the gains and setbacks point in different directions.

RARE · Ultragenyx Pharmaceutical

AI read · Neutral

The AI's read

The two new treatments give Ultragenyx products to sell, and the company says its existing products have grown about 20% per year. But GTX-102 failed its Phase 3 study, and Ultragenyx ended UX701 after patient response fell short. Cost cuts are meant to bring spending in line with sales and support a goal of making a profit in 2027. The gains and setbacks point in different directions.

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