Cosmo reported H1 2025 results, which showed strong growth in its key products, GI Genius and Winlevi, offset by lower sales in Gastro, CDMO & Others, resulting in flat Recurring revenue. FY 2025 guidance is on track, indicating strong growth in H2 2025. The FY 2025 EBITDA target has been increased.
Key catalysts include:
1. Winlevi CHMP re-examination response (Q3 2025)
2. Breezula 6-month topline results phase III AGA trial (early H2 2025)
3. CB-03-10 readout phase Ia trial (H2 2025)