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Almirall Predicts Plenty More Growth In Psoriasis

 
• By Kevin Grogan

The Spanish group has upped its peak sales guidance for Ilumetri to €300m and believes the arrival of Stelara biosimilars will take a while to have much of an impact on the originator IL-23 class.

Almirall
• Source: Almirall

A decade ago, Almirall took the strategic decision to focus exclusively on medical dermatology, and after posting a strong set of financials for 2024, CEO Carlos Gallardo has told investors that “I’m happy to say we got it right.”

The Spanish drugmaker’s full-year revenues were up by 10.2% to €990.6m ($1.04bn), with psoriasis drug Ilumetri (tildrakizumab), which inhibits the p19 subunit of IL-23, contributing €208.8m to the total, an increase of 25.5% year-on-year

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