Calliditas Confident Despite Cutting Tarpeyo Sales Guidance

Hopes Rest On Getting Full Approval From FDA

The Swedish biotech’s immunoglobulin A nephropathy therapy Tarpeyo is still selling well but “market access friction” is slowing growth. As US regulators grant a priority review to its data package for full approval, Calliditas’s prospects look promising.

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Calliditas Therapeutics AB has cut its full-year forecast for Tarpeyo despite healthy growth in the second quarter but is confident of climbing again once the immunoglobulin A nephropathy (IgAN) treatment gets full approval from the US Food and Drug Administration.

The Swedish biotech said that sales of Tarpeyo, an oral formulation designed to release the steroid budesonide into the gut,...

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