Rasonque sales hit $198 million in first five weeks
More than 5,000 patients have been treated since approval, and sales nearly doubled even the most bullish investor estimates.
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Revolution Medicines' pancreatic cancer drug daraxonrasib, sold as Rasonque, generated $198 million in U.S. sales during its first five weeks after approval, the company said Wednesday evening, according to STAT. The disclosure came as part of the company's third-quarter earnings announcement. The company said more than 5,000 patients have been treated with the pan-RAS inhibitor since the U.S. approval. STAT described the commercial debut as "eye-popping and jaw-dropping".
Chief Commercial Officer Anthony Mancini said on the earnings call, "The U.S. launch of Rasonque is off to a strong start". STAT called that "perhaps the understatement of the year in commercial biotech".
The sales figure was nearly twice the highest projections from investors before the third-quarter earnings report, according to STAT. The publication reported that investors are re-evaluating their forecasts for what lies ahead. STAT noted that while it is still early, the launch could rank among the best cancer drug debuts ever.
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