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Defitelio launches in Europe

Mar. 31, 2014 10:44 AM ETJazz Pharmaceuticals plc (JAZZ) StockBy: Douglas W. House, SA News Editor
  • Jazz Pharmaceuticals (NASDAQ:JAZZ +3.5%) and its recent acquisition Gentium launch Defitelio (defibrotide) in Germany and Austria.
  • The rollout will continue in 27 additional European countries in 2014 and 2015.
  • Defitelio is the first licensed product for severe hepatic veno-occlusive disease in patients over one month of age undergoing haematopoietic stem cell transplantation therapy.
  • The European Commission approved the product in October.
  • Consensus Q1 and Q2 estimates are earnings of $1.91 on revenues of $259M and $1.97 on revenues of $276.3M, respectively.
  • Consensus estimates for 2014 and 2015 are earnings of $8.21 on revenues of $1.14B and $10.16 on revenues of $1.36B, respectively.
  • 574 mutual funds have positions, up from 448 a year earlier.

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