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Legend Biotech's CARVYKTI sales jump 62% in Q1 2026, expanding to 18 markets with strong financials.

Company Fundamentals
12 May 2026
GlobeNewsWire
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Bullish
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Legend Biotech reported a 62% increase in CARVYKTI net trade sales for Q1 2026, reaching approximately $597 million, driven by 36% growth in the U.S. and 222% growth internationally. The therapy is now available in 18 global markets, including recent launches in Italy, Poland, the Czech Republic, and Australia. The company improved manufacturing efficiency and expects multiple data presentations on its early-stage cell therapy portfolio in 2026. With $834.6 million in cash and equivalents, Legend Biotech anticipates achieving company-wide profitability in 2026, supported by higher gross profits and operational improvements.

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