Business Wire

Poxel Reports Revenue for the Third Quarter of 2026

Business Wire
  • Consolidated net sales of TWYMEEG® in Japan for the third quarter of 2026 reached JPY 2.9 billion (€16.3 million1), up 29% compared to the third quarter of 2025.

  • Consolidated net sales of TWYMEEG® in Japan for the first nine months of 2026 reached JPY 8.1 billion (€44.5 million1), up 32% compared to the first nine months of 2025.

  • Net sales of TWYMEEG® exceeded the contractual threshold of JPY 5 billion in the first half of Sumitomo Pharma's fiscal year 20262: Poxel's royalty rate increases from 8% to 10% on all net sales for the fiscal year, effective retroactively.

  • Poxel thus generates positive net royalties for the first time (including royalties owed to Merck Serono) during Sumitomo Pharma's fiscal year 2026.

  • Poxel reported revenue of €1,951k in the third quarter of 2026, including a €322k retroactive adjustment to royalties from the second quarter of 2026.

  • Sumitomo Pharma expects net sales of TWYMEEG® to exceed JPY 10 billion in its fiscal year 20263.

  • Upon reaching this milestone, Poxel will receive a contractual bonus of JPY 1 billion (€5.6 million¹); the royalty rate will increase from 10% to 12%.

LYON, France, October 19, 2026--Regulatory News:

POXEL SA (Paris:POXEL) (Euronext: POXEL - FR0012432516), a clinical-stage biopharmaceutical company that has developed innovative treatments for serious chronic diseases with metabolic pathophysiology, including metabolic dysfunction-associated steatohepatitis (MASH) and rare metabolic diseases, today announces its revenue for the third quarter ended September 30, 2026, and for the first nine months of the fiscal year.

Commercial Activity Update

TWYMEEG® (Imeglimin)

  • For the quarter ended September 2026, TWYMEEG® net sales in Japan increased by 29% to JPY 2.9 billion (€16.3 million¹) compared to sales of JPY 2.3 billion for the quarter ended September 2025, as reported by Sumitomo Pharma. Gross sales for the quarter totaled JPY 3.3 billion, up 29%.

  • In the first half of its 2026 fiscal year (April–September 2026), Sumitomo Pharma's net sales of TWYMEEG® reached JPY 5.8 billion, up 30% from the first half of the previous fiscal year. Sumitomo Pharma expects that net sales of TWYMEEG® could exceed JPY 10 billion for the fiscal year, entitling Poxel to receive royalties of 12% on all net sales of TWYMEEG® and a payment of JPY 1 billion (€5.6 million¹). In accordance with the royalty monetization agreement entered with OrbiMed, the proceeds will be used exclusively to repay the bond issue.

Consolidated Revenue for the Third Quarter and the First Nine Months of 2026