Jazz Pharmaceuticals PLC

JAZZ: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$552.00	Hqjq	Swkxfqf

Jazz Reports Mixed Q1 but Xyrem Growth Stays Strong; Lowering FVE to $130 From Virus Impact to Sales

Anna Baran

May 6, 2020

Jazz reported mixed first-quarter results, with key drug Xyrem for sleep disorders driving top-line growth, but recently launched Sunosi posting disappointing sales numbers. Further, the company's bottom line suffered from a $136 million impairment charge due to the termination of a phase 3 trial of Defitelio in the prevention of veno-occlusive disease after an interim analysis indicated it would likely not reach statistical significance.

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