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Investor Relations14 Oct 2025
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Intra-Cellular Therapies (ITCI) investor relations material
Intra-Cellular Therapies Q4 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2024 earnings summary21 Feb, 2025
Executive summary
CAPLYTA net product sales reached $199.2M in Q4 2024, up 51% year-over-year; full-year 2024 sales were $680.5M, a 47% increase.
FDA accepted the sNDA for lumateperone as adjunctive treatment for major depressive disorder (MDD).
Field sales force expansion began in Q1 2025 in anticipation of potential MDD approval.
Financial highlights
SG&A expenses rose to $504.5M in 2024 from $409.9M in 2023, mainly due to commercialization and marketing.
R&D expenses increased to $236.1M in 2024 from $180.1M in 2023, reflecting higher project costs.
Cash, cash equivalents, investment securities, and restricted cash totaled $1.0B at year-end 2024, up from $499.7M at year-end 2023.
Net loss for Q4 2024 was $16.9M ($0.16/share); full-year net loss was $74.7M ($0.72/share), improved from $139.7M loss in 2023.
Outlook and guidance
Anticipates potential FDA approval and commercial launch of CAPLYTA for adjunctive MDD treatment.
Ongoing expansion of sales force to support expected growth.
Explain the increase in SG&A expenses.
Assess the likelihood of sNDA approval for MDD.
Discuss the strategy behind sales force expansion.
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Frequently asked questions
Intra-Cellular Therapies Inc. is a biopharmaceutical company focused on the discovery, development, and commercialization of treatments for central nervous system disorders. The company develops therapies targeting neuropsychiatric and neurological conditions using its proprietary research platform. Its product portfolio includes both marketed treatments and pipeline candidates addressing various mental health and neurological diseases. The company is headquartered in New York, New York, and its shares are listed on the NASDAQ.
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