Paratek Pharmaceuticals Announces First Quarter 2022 Revenue of $24.9 Million
BOSTON, May 04, 2022 (GLOBE NEWSWIRE) -- Paratek Pharmaceuticals, Inc. (Nasdaq: PRTK) today reported financial results and provided an update on corporate activities for the quarter ended March 31, 2022.
- Sales of $19.9 Million from the Core Commercial Business, a 51% Increase over First Quarter 2021
BOSTON, May 04, 2022 (GLOBE NEWSWIRE) -- Paratek Pharmaceuticals, Inc. (Nasdaq: PRTK) today reported financial results and provided an update on corporate activities for the quarter ended March31, 2022. - Total revenue was $24.9 million for the first quarter of 2022, a 51% increase from $16.4 million for the same period in the prior year.
- Total revenue for the first quarter of 2022 was comprised of the following:
NUZYRA generated net U.S. sales of $19.9 million, a 51% increase from $13.2 million for the same period in the prior year. - Research and development (R&D) expenses were $7.5 million for the first quarter of 2022, compared to $5.5 million for same period in the prior year.