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UroGen Pharma Ltd. (URGN) Presents at Bank of America Glo...
2026-05-14 · via All Articles on Seeking Alpha

Q1: 2026-05-06 Earnings Summary

EPS of -$0.47 beats by $0.01

 | 

Revenue of

$50.96M

(151.60% Y/Y)

beats by $6.14M

UroGen Pharma Ltd. (URGN) Bank of America Global Healthcare Conference 2026 May 13, 2026 11:15 AM EDT

Company Participants

Elizabeth Barrett - President, CEO & Director

Conference Call Participants

Alec Stranahan - BofA Securities, Research Division

Presentation

Alec Stranahan
BofA Securities, Research Division

Thanks for joining the session with UroGen Pharma. My name is Alec Stranahan. I cover SMID Biotech here at Bank of America, and I have the pleasure of introducing Liz Barrett, the President and CEO of UroGen. Thanks for being here, Liz.

Elizabeth Barrett
President, CEO & Director

Thanks for having us.

Question-and-Answer Session

Alec Stranahan
BofA Securities, Research Division

Yes. Looking forward to the discussion. Maybe since it's a shorter 15-minute one, we can just jump right in. So you reported 1Q ZUSDURI revenue of about $30 million. That's more than 100% quarter-over-quarter growth. Obviously, still early days in the launch, but maybe you can just walk us through how that launch has been tracking versus your internal metrics.

Elizabeth Barrett
President, CEO & Director

No. Look, we're very excited about the results from Q1, but more excited about even more patients having access to the drug going forward. We talked often about the J-code, and I think some of us, including myself, wasn't expecting it to be as hard as it was prior to getting the permanent J-code. But practices are really concerned about reimbursement. So we absolutely saw the inflection as soon as we got that J-code. So we started seeing it in January. By February, we had already surpassed JELMYTO in doses, and then we just continued to go from there. So really pleased with where we are, looking at sort of our top 250 accounts, looking at penetration where we are.

But importantly, what we're really seeing is some doctors who adopt this