event-trade登录编辑
PR Newswire BiotechnologyCodex · 实盘不做把握 5/10
北京时间·🕒 发布 18:30:00时区推断·⟳ 抓取 18:32:40·⚡ 决策 07-29 18:34:04 +1m24s·90.4 天前

BioArctic披露Leqembi二季度销售及特许权使用费增长

Leqembi二季度全球销售为293亿日元,带给BioArctic特许权使用费1.79亿瑞典克朗,同比约增10%,剔除2025年中国一次性备货后同比约增43%。

📄 原文PR Newswire Biotechnology↗ 原文
Sales of Leqembi® totaled 29.3 billion yen in the second quarter 2026
STOCKHOLM, July 29, 2026 /PRNewswire/ -- BioArctic AB's (publ) (NASDAQ STOCKHOLM: BIOA B) partner Eisai today published…
不做 Biogen(BIIB.US)
Leqembi销售增长方向偏正面,但这是Biogen二季度排期财报中的产品分项,量级相对公司总收入和整体指引不是单独开仓催化,不做。
不做 BioArctic(BIOA-B.SE)
BioArctic受益最直接,但标的为斯德哥尔摩上市且本条为排期内销售预披露,全年高增长预期此前已公开,当前策略不形成可执行交易。
不做 Eisai(4523.JP)
Eisai商业化Leqembi受益,但二季度销售进度相对5月全年预测不构成新的显著预期差,且需等日本市场重新定价后再判断,不做。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)

研究档案

🔎 新鲜度:最早出现 2026-07-29 · 扩散 medium · price-in 风险 medium ↗ ↗ ↗

消息传播链

  1. 2026-07-29 12:00 CEST首发BioArctic/Cision/PR Newswire一手源原文 ↗
    BioArctic披露Leqembi二季度销售293亿日元、对应特许权使用费1.79亿瑞典克朗,并说明剔除去年中国备货后同比增速约43%。
  2. 2026-07-29财经媒体扩散Barron's非一手原文 ↗
    Biogen二季度财报被市场解读为增长产品组合强于传统MS业务,并上调全年盈利指引,Leqembi只是组合内一项。
  3. 2026-05-15其它BioArctic/Cision一手源原文 ↗
    BioArctic此前已转述Eisai对Leqembi FY2026销售1435亿日元、同比增长63%的全年预测,说明高增长方向并非首次出现。

关键理由

  • Leqembi二季度全球销售为293亿日元,带给BioArctic特许权使用费1.79亿瑞典克朗,同比约增10%,剔除2025年中国一次性备货后同比约增43%。
  • 该数据随Biogen二季度财报同步披露,属于排期内产品销售更新,且BioArctic一季度已披露Leqembi全年1435亿日元销售预期,新增预期差有限。
  • 对Biogen而言Leqembi只是其增长产品组合的一部分,二季度公司层面交易更受整体EPS、收入和全年指引影响,单独用Leqembi销售数字开仓边际不足。

主要风险

  • 若BioArctic在斯德哥尔摩盘中尚未充分反映该数据,短线仍可能有局部正反馈,但该市场不在本策略主要可执行亚洲/美股映射范围内。
  • 8月26日BioArctic正式二季报可能给出费用、现金流或北欧商业化进展,届时需重新评估而不是用本条预披露追价。

反向证据

  • 做多前查反向 · 来源 web · 日期 2026-05-15 · 影响 weakens
    全年高增长预期已在5月公开披露,本次二季度销售只是进度验证,削弱新鲜预期差。
    检索:BioArctic Leqembi FY2026 sales forecast 143.5 billion yen May 2026 原文 ↗
  • 做多前查反向 · 来源 web · 日期 2026-07-29 · 影响 weakens
    Biogen交易逻辑更依赖整体财报、增长组合和全年指引,Leqembi分项不足以支撑单独追多BIIB.US。
    检索:Biogen Q2 2026 earnings Leqembi sales guidance 原文 ↗

原文全文

展开原文 · 5,976 字
Sales of Leqembi® totaled 29.3 billion yen in the second quarter 2026
STOCKHOLM, July 29, 2026 /PRNewswire/ -- BioArctic AB's (publ) (NASDAQ STOCKHOLM: BIOA B) partner Eisai today published the preliminary global revenue for Leqembi for the second quarter 2026, in conjunction with their partner Biogen's second quarter report. In total, sales of JPY 29.3 billion were recorded in the period. This results in a royalty to BioArctic amounting to SEK 179 million, which is an increase of approximately 10 percent compared to the royalty recorded by BioArctic for the second quarter 2025.
The results in Q2 2025 included a one-time stockpiling effect in the Chinese market of around JPY 5.3 billion. Excluding the stockpiling effect, royalty revenues in Q2 2026 grew approximately 43 percent compared to the same quarter last year.
BioArctic's report for the second quarter of 2026 will be published on August 26, 2026, at 08:00 CEST.
This information is information that BioArctic AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was released for public disclosure, through the agency of the contact person below, on July 29, 2026, at 12.00 pm CEST.
For further information, please contact:
Oskar Bosson, VP Communications and Investor Relations
E-mail: [email protected]
Telephone: +46 704 107 180
Jenny Ljunggren, External Communications and Investor Relations Manager
E-mail: [email protected]
Telephone: +46 76 013 86 08
About Leqembi® (lecanemab)
Leqembi is the result of a strategic research alliance between BioArctic and Eisai. It is a humanized immunoglobulin gamma 1 (IgG1) monoclonal antibody directed against aggregated soluble (protofibril) and insoluble forms of amyloid-beta (Aβ).
Leqembi is approved in 53 countries and is under regulatory review in 6 countries. Following the initial phase with treatment every two weeks for 18 months, intravenous (IV) maintenance dosing with treatment every four weeks is approved in 8 countries, including the United Kingdom, China, the US and Japan, and applications have been filed in 12 countries and regions. In the US, Leqembi Iqlik® is approved for subcutaneous dosing with an autoinjector as a starting dose and maintenance treatment of early Alzheimer's disease. In November 2025, a new drug application for subcutaneous formulation of Leqembi was submitted in Japan. In December 2025, Leqembi was included in the "Commercial Insurance Innovative Drug List", recently introduced by the National Healthcare Security Administration (NHSA) of China. In January 2026, the Biologics License Application for subcutaneous formulation of Leqembi was accepted in China and in February, the application was designated for priority review.
Since July 2020, Eisai's Phase 3 clinical study (AHEAD 3-45) with lecanemab in individuals with preclinical Alzheimer's disease meaning they are clinically normal and have intermediate or elevated levels of amyloid in their brains, is ongoing. The study was fully recruited in October 2024. AHEAD 3-45 is a four-year study conducted as a public-private partnership between Eisai, Biogen and the Alzheimer's Clinical Trial Consortium that provides the infrastructure for academic clinical trials in Alzheimer's disease and related dementias in the US, funded by the National Institute on Aging, part of the National Institutes of Health. Since January 2022, the Tau NexGen clinical study for Dominantly Inherited Alzheimer's disease (DIAD), that is conducted by Dominantly Inherited Alzheimer Network Trials Unit (DIAN-TU), led by Washington University School of Medicine in St. Louis, is ongoing and includes lecanemab as the backbone anti-amyloid therapy.
About the collaboration between BioArctic and Eisai
Since 2005, BioArctic has a long-term collaboration with Eisai regarding the development and commercialization of drugs for the treatment of Alzheimer's disease. The most important agreements are the Development and Commercialization agreement for the lecanemab antibody, which was signed 2007, and the Development and Commercialization agreement for the antibody lecanemab back-up for Alzheimer's disease, which was signed 2015. In 2014, Eisai and Biogen entered into a joint development and commercialization agreement for lecanemab. Eisai is responsible for the clinical development, application for market approval and commercialization of the products for Alzheimer's disease. BioArctic has the right to commercialize lecanemab in the Nordic region and is currently preparing for commercialization in the Nordics together with Eisai. BioArctic has no development costs for lecanemab in Alzheimer's disease and is entitled to payments in connection with sales milestones as well as royalties on global sales.
About BioArctic AB
BioArctic AB (publ) is a Swedish research-based biopharma company focusing on innovative treatments that can delay or stop the progression of neurodegenerative diseases. The company invented Leqembi® (lecanemab) – the world's first drug proven to slow the progression of the disease and reduce cognitive impairment in early Alzheimer's disease. Leqembi has been developed together with BioArctic's partner Eisai, who are responsible for regulatory interactions and commercialization globally. In addition to Leqembi, BioArctic has a broad research portfolio with antibodies against Parkinson's disease and ALS as well as additional projects against Alzheimer's disease. Several of the projects utilize the company's proprietary BrainTransporter™ technology, which has the potential to actively transport antibodies across the blood-brain barrier to enhance the efficacy of the treatment. BioArctic's B share (BIOA B) is listed on Nasdaq Stockholm Large Cap. For further information, please visit www.bioarctic.com.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
Sales of Leqembi® totaled 29.3 billion yen in the second quarter 2026 |

决策记录链 · 只追加

每次领取产生一条记录,重新决策追加一条并以 supersedes 指向被替代的记录(ADR 0014)。

这条决策早于决策账本(2026-10-08 起逐条追加),没有追加记录。