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Genfit S.A.

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What Do They Do?

Develops drug candidates and diagnostic technologies for patients with severe liver diseases, including acute-on-chronic liver failure and rare, life-threatening conditions.

Who Are Their Customers?

Drug and diagnostic rights go to partners: Ipsen licenses elafibranor, Terns holds rights in Greater China, and Labcorp licenses NIS4 technology for a laboratory test in the United States and Canada.

Do Revenues Turn Into Profits?

Yes. It kept 2 cents of every revenue dollar as net income in .

Net income,
2% of revenue
▲ Now profitable vs (−EUR 28.9M, −76%)

How Are They Changing?

Greater focus on acute liver disease The earlier report grouped its work around cholestatic diseases, ACLF and diagnostics; the latest places greater emphasis on ACLF and other life-threatening liver diseases.

Elafibranor commercialization The earlier report described elafibranor as a PBC drug candidate licensed to Ipsen; the latest says Ipsen received marketing authorization and began commercialization.

Expanded diagnostic targets The earlier diagnostics franchise focused exclusively on NASH; the latest also lists a diagnostic focused on blood ammonia levels.

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