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Revenue rise for pharma firm as take-up increases
The Journal
|August 23, 2025
PHARMACEUTICAL firm Shield Therapeutics has seen revenues rise as more markets adopt its leading iron deficiency product.
The maker of iron deficiency-fighting tablets, which has operations in the North East and the US, has been involved in a significant push of its iron deficiency-fighting tablets, sold in Europe as Ferracru and all other territories as Accrufer, with a prime focus on the US.
In its latest note to investors, covering results for the six months to June 30, the Gateshead-based pharma firm reported a substantial increase in group revenues, prescription sales and its average net selling price.
Group revenues rose from $12.1m to $21.4m, and Accrufer revenue increased from $1lm to $19.2m. It said revenues were generated through around 84,000 prescriptions predominantly in the six large states of Texas, New York, Florida, Georgia, California, and North Carolina.
This story is from the August 23, 2025 edition of The Journal.
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