2025 has proven to be another year of excellent execution, both financially and operationally. Cresemba delivered another strong financial performance, generating total revenue of CHF232.4m, ahead of our expectations (CP CHF225m). Royalty income increased by 15.4% to CHF111.6m, with costs carefully controlled. Basilea ended the year with a strong balance sheet and net cash CHF 86.9m.
