H. Lundbeck AS (FRA:LDBA)
€ 5.66 -0.07 (-1.22%) Market Cap: 5.55 Bil Enterprise Value: 5.28 Bil PE Ratio: 13.51 PB Ratio: 1.51 GF Score: 44/100

Q3 2022 H Lundbeck A/S Earnings Call Transcript

Nov 09, 2022 / 12:00PM GMT
Release Date Price: €3.99 (+7.57%)
Operator

Ladies and gentlemen, welcome to the Lundbeck Financial Statements for the first 9 months of 2022. (Operator Instructions)

Today, I am pleased to present Deborah Dunsire, President and CEO; Joerg Hornstein, Executive Vice President and CFO; and Johan Luthman, Executive Vice President of Research and Development. Speakers, please begin.

Deborah Dunsire;S;President;CEO
H. Lundbeck A

/-&

Good afternoon, everybody, and welcome to Lundbeck's third quarter earnings call. You've seen our disclaimers before. We will be making forward-looking statements. So I'm going to leave it there and move on to describing what we believe is a great quarter. The 9-month performance highlights is that we have revenue growth in reported rates, up 11%, supported by very strong demand for our strategic brands. Altogether, the strategic brands were up 30% in reported currency.

Vyepti, the newest member or the newest kid on the block of our strategic brands is up 105% through the first 9 months. All of that has helped

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