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Phathom Pharmaceuticals targets gastroenterologists to boost VOQUEZNA sales, forecasting $310–325M revenue in 2026.

Market News
09 Sep 2026
Seeking Alpha
View Source
Bullish
Phathom Pharmaceuticals targets gastroenterologists to boost VOQUEZNA sales, forecasting $310–325M revenue in 2026.

Phathom Pharmaceuticals is focusing on gastroenterologists to increase adoption of its drug VOQUEZNA, aiming for sustainable profitability. The company reported an 88% revenue increase to $74.3 million in Q2 2026, with reduced selling expenses and expects full-year revenue between $310 million and $325 million, maintaining an 80% gross margin. Supported by $182.5 million in cash and improved cash flows, Phathom faces risks from revenue-interest financing and competition from tegoprazan. Key growth drivers include rising covered prescriptions, disciplined spending, and development of as-needed dosing.

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