Argenx also announced preliminary global net Vyvgart revenues for the fourth quarter and full-year 2022 of approximately $175M and $402M, respectively. As of December 31, 2022, argenx had approximately $2.2B in cash, cash equivalents and current financial assets*. Based on its current operating plans and a projected 2023 cash burn of approximately $500M, Argenx expects its existing cash, cash equivalents and current financial assets, together with anticipated future product revenues, to fund the company to profitability.
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