Rigel Pharmaceuticals reported robust financial performance in Q3 2025, achieving record net product sales of $64.1 million, a 65% year-over-year increase, alongside significant advancements in its development pipeline.
- Total revenue for Q3 2025 reached $69.5 million, reinforcing strong commercial execution and strategic pipeline expansion.
- The company raised its 2025 revenue guidance to a range of $285 million to $290 million, reflecting a growth of 55% to 59% compared to 2024.
- Rigel achieved net income of $27.9 million in Q3 and increased cash reserves to $137.1 million, maintaining strong financial discipline.
- Key products TAVALISSE, GAVRETO, and REZLIDHIA all demonstrated substantial year-over-year growth, with TAVALISSE alone generating $44.7 million in net sales.
Community Discussion