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More on Santarus (NASDAQ:SNTS): Q1 blows out bottom line estimates, doubling what the Street was...

May 06, 2013 4:56 PM ETSantarus, Inc. (SNTS) StockSNTSBy: David Yelle, SA News Editor1 Comment
More on Santarus (NASDAQ:SNTS): Q1 blows out bottom line estimates, doubling what the Street was looking for on higher royalty and licensing payments, plus significant growth in net sales of a number of its key drugs. Total revenues grew 73% Y/Y, boosted by the commercial launch of its colitis drug Ulceris and a big jump in prescriptions written: Glumetza new prescriptions +21%, total prescriptions +18%; Clyoset new prescriptions +21%, total prescriptions +44%. Additionally, sales of Zegerid since its re-launch in February after regaining exclusivity nearly tripled to $24.5M. Shares +10.5% AH.

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