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ACADIA Pharmaceuticals Inc
NASDAQ:ACAD

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ACADIA Pharmaceuticals Inc
NASDAQ:ACAD
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Price: 21.5 USD 4.32%
Market Cap: $3.7B

ACADIA Pharmaceuticals Inc
Investor Relations

ACADIA Pharmaceuticals Inc., nestled in the heart of biopharmaceutical innovation, has carved a niche as a trailblazer in tackling neurological and central nervous system disorders. The company's journey pivotally surrounds its flagship product, NUPLAZID (pimavanserin), which was approved by the FDA in 2016. Designed to address the psychosis associated with Parkinson’s disease, NUPLAZID opened new therapeutic doors, addressing a critical unmet medical need and improving patients’ quality of life. Leveraging this milestone, ACADIA has strategically focused on developing innovative therapies, extending its research into potential treatments for schizophrenia, major depressive disorders, and other neuropsychiatric conditions, thus widening its revenue streams and research portfolios.

The company's financial engine is fueled primarily by sales of NUPLAZID, which has stood as a steady pillar in generating revenues. To amplify its growth trajectory, ACADIA emphasizes expanding NUPLAZID's usability through rigorous clinical trials aimed at securing approvals for additional indications. Concurrently, the company actively explores partnerships and acquisitions to broaden its pipeline, inaugurating an aspirational pursuit to revolutionize mental health treatment. With a keen eye on demographic trends and the increasing prevalence of CNS disorders globally, ACADIA Pharmaceuticals aligns its business operations not just on curing ailments, but on redefining health paradigms, thus reinforcing its sustainability in the competitive biopharmaceutical landscape.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Feb 25, 2026
AI Summary
Q4 2025

Record Revenue: ACADIA's annual revenues surpassed $1 billion for the first time, reaching $1.08 billion in 2025, a 14% increase over last year.

Q4 Growth: Adjusted total revenues in Q4 were $298 million, up 16% year-over-year, with strong performance from both NUPLAZID and DAYBUE.

NUPLAZID Momentum: Adjusted NUPLAZID net sales rose to $189 million for Q4 (up 17% YoY), and are guided to grow 10–14% in 2026, aiming for $1 billion in annual sales by 2028.

DAYBUE Outlook: DAYBUE Q4 sales reached $110 million (up 13% YoY), with 2026 global net sales guidance of $460–490 million, reflecting 18–25% projected growth.

New Formulation Launch: DAYBUE STIX, a powder formulation, launched in December and is generating strong early interest from caregivers and physicians.

EU Regulatory Setback: DAYBUE's EU approval faces a negative opinion; ACADIA plans to request reexamination, with a decision expected by mid-2026.

Pipeline Progress: Key clinical readouts for remlifanserin, targeting Alzheimer’s disease psychosis, are expected in August–October 2026, with peak sales potential of $4 billion for ADP and LBDP indications.

Strong Cash Position: ACADIA ended the year with $820 million in cash, providing flexibility for business development and R&D investment.

Key Financials
Adjusted Total Revenues (Q4)
$298 million
Adjusted Total Revenues (2025)
$1.08 billion
Total Revenues (Q4, GAAP)
$284 million
Total Revenues (2025, GAAP)
$1.07 billion
Adjusted NUPLAZID Net Sales (Q4)
$189 million
Adjusted NUPLAZID Net Sales (2025)
$692 million
NUPLAZID Net Sales (Q4, GAAP)
$174 million
NUPLAZID Net Sales (2025, GAAP)
$680 million
NUPLAZID Volume Growth (Q4)
13%
NUPLAZID Volume Growth (2025)
9%
DAYBUE Net Sales (Q4)
$110 million
DAYBUE Net Sales (2025)
$391 million
DAYBUE Volume Growth (Q4)
12%
Operating Expenses – R&D (Q4)
$85 million
Operating Expenses – SG&A (Q4)
$156 million
Cash Balance (End of 2025)
$820 million
Gross to Net NUPLAZID (Q4 reported)
29.4%
Gross to Net NUPLAZID (Q4 adjusted)
23.6%
Gross to Net NUPLAZID (2025 reported)
25.9%
Gross to Net NUPLAZID (2025 adjusted)
24.6%
Gross to Net DAYBUE (Q4)
19.5%
Gross to Net DAYBUE (2025)
22.3%
Patients Receiving DAYBUE in Q4
1,070
NUPLAZID New Prescriptions (Q4)
up 18% year-over-year
DAYBUE Discontinuation Rate (2025)
low single-digit range across all four quarters
Earnings Call Recording
Other Earnings Calls

Management

Mr. Mark C. Schneyer
Executive VP & CFO
No Bio Available
Ms. Catherine E. Owen Adams
CEO & Director
No Bio Available
Mr. James K. Kihara
VP, Chief Accounting Officer & Corporate Controller
No Bio Available
Dr. Elizabeth H.Z. Thompson Ph.D.
Executive VP and Head of Research & Development
No Bio Available
Mr. Benir Ruano
Senior Vice President of Technical Development, Operations & Quality
No Bio Available
Mr. Albert S. Kildani
Senior Vice President of Investor Relations & Corporate Communications
No Bio Available
Ms. Jennifer J. Rhodes J.D.
Executive VP, Chief Legal Officer & Secretary
No Bio Available
Ms. Holly Valdiviez
Senior VP & Head of Sales
No Bio Available
Mr. Rob Ackles
Senior VP & Chief People Officer
No Bio Available
Mr. Bob Mischler
Senior Vice President of New Product Planning & Strategy
No Bio Available

Contacts

Address
CALIFORNIA
San Diego
3611 Valley Centre Dr Ste 300
Contacts
+18585582871.0
www.acadia-pharm.com
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