- Astellas looks posed to exit a period of prolonged weak revenue growth and see acceleration into the mid-to-high single-digits on multiple product/indication approvals.
- Xtandi will remain the lead drug for the foreseeable future, but compounds for menopausal vasomotor symptoms, bladder cancer, gastric cancer, and AML should grow and diversify the business.
- Newer R&D efforts in areas like mitochondrial disorders, cell therapies, and gene therapies are further back, but hold promise as Astellas restructures around expertise-driven R&D.
- Five-year revenue growth of 6%-7% and long-term growth of 2%-3%, coupled with double-digit EPS growth through 2026 can support a fair value in the high-teens (ADRs).
For further details see:
Astellas Worth A Look On Revenue Re-Acceleration Potential