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G1 Therapeutics Reaffirms FY24 COSELA Revenue Of $60M-$70M

Author: Benzinga Newsdesk | August 08, 2024 06:35am

2024 Financial Guidance

G1 today reaffirmed its full year 2024 revenue guidance. G1's guidance is based on current expectations for continued sales growth of COSELA in the U.S. and achievement of its forecasts. The Company expects to generate between $60 million and $70 million in COSELA net revenue in 2024. Additionally, G1 expects its full year 2024 operational expenses to be 25% to 30% below that of the prior year. As a result, G1 believes it has sufficient cash runway to achieve anticipated company profitability in the second half of 2025.

Posted In: GTHX

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