Precigen's stock surged 13.87% during pre-market trading on Thursday, following the release of the company's full-year 2025 financial results.
The biopharmaceutical company reported its first commercial sales of PAPZIMEOS, the FDA-approved treatment for adults with recurrent respiratory papillomatosis (RRP). The drug generated $3.4 million in net product revenue in the fourth quarter of 2025, marking Precigen's successful transition from a clinical-stage to a commercial-stage company.
Full-year revenue reached $9.7 million, surpassing analyst expectations of $8.4 million. Investors reacted positively to the strong commercial momentum, with management noting a significant increase in demand for PAPZIMEOS in the first quarter of 2026. Additional positive developments include the assignment of a permanent J-code for streamlined reimbursement effective April 1, 2026, and a Marketing Authorization Application under review by the European Medicines Agency.