MDGL Stock Down 10% on Disappointing Preliminary Q4 Rezdiffra Sales
Madrigal Pharmaceuticals(MDGL) ZACKS·2025-01-15 23:46
Shares of Madrigal Pharmaceuticals (MDGL) lost 9.7% on Tuesday as the investors were not impressed by its preliminary fourth-quarter and full-year 2024 results. The company’s top line comprises only its product revenues. Madrigal’s commercial portfolio has one marketed drug, Rezdiffra (resmetirom), a once-daily, oral and liver-directed THR-β agonist.Rezdiffra gained the FDA’s accelerated approval in March 2024 for adult patients with nonalcoholic steatohepatitis (NASH). Subsequently, the drug became the fir ...