Par Health Releases Financial Results for Q3 2025 and Offers Business Update
Company Overview: Par Health, Inc. has reported its financial results for Q3 2025 following its spin-off from Mallinckrodt plc, focusing on generic pharmaceuticals and sterile injectables, and highlighting a commitment to delivering essential medicines.
Financial Performance: The company achieved total net revenues of $337.1 million in Q3 2025, a 53.6% increase from the previous year, driven by growth in lidocaine patches and ADHD products, despite competitive pressures in opioid medications.
Pro Forma Results: On a pro forma basis, Par Health's combined net revenues for Q3 2025 were $388.5 million, reflecting a 5.3% decrease compared to the same period in 2024, with notable declines in sterile injectables revenue.
Future Outlook: Par Health plans to provide guidance for full-year 2026 in early 2026, focusing on optimizing operations and reducing leverage while addressing the demand for essential medicines.
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