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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Poxel
Poxel (POXEL) investor relations material
Poxel Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary19 Oct, 2026
Executive summary
Q3 2026 consolidated revenue was €1,951k; 9M revenue reached €4,453k, driven by TWYMEEG royalties in Japan.
TWYMEEG net sales exceeded the JPY 5bn threshold in Sumitomo Pharma FY2026 H1, raising the royalty rate from 8% to 10% retroactively for FY2026.
Financial highlights
Q3 revenue was €1,951k vs €1,292k in Q3 2025; 9M revenue was €4,453k vs €3,608k in 9M 2025.
Q3 revenue included €1,629k in royalties and a €322k retroactive Q2 royalty adjustment; 9M included €4,131k in royalties and €322k in adjustments.
Consolidated cash and cash equivalents were €388k at September 30, 2026, vs €1,510k at Q2 2026 and €245k at Q1 2026.
Outlook and guidance
Sumitomo Pharma expects FY2026 TWYMEEG net sales to exceed JPY 10bn; the milestone would trigger a JPY 1bn bonus and increase royalties from 10% to 12%.
Based on Sumitomo Pharma projections, 12% royalties are expected on TWYMEEG Japan net sales during its FY2026, which runs April 2026–March 2027.
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Latest events from Poxel
- OrbiMed royalty monetization extends runway while rare-disease and Imeglimin partnering advance.POXEL
Corporate presentation - Revenue up to EUR 6.6m in 2024, but reorganization and going concern risks remain.POXELH2 2024
- Advancing rare metabolic disease therapies with strong clinical assets and strategic partnerships.POXELCorporate presentation
- TWYMEEG® sales growth and asset divestment drive revenue, with financial reporting delayed.POXELQ2 2026 TU
- TWYMEEGⓇ sales surged 36% in Japan, boosting royalties and revenue for Q1 2026.POXELQ1 2026
- Revenue up 88% and net loss reduced amid receivership and recovery plan implementation.POXELH1 2025
- 2024 revenue up, net loss down, and judicial reorganization underway with new financing.POXELQ3 2025
- Cash runway limited to Q1 2025, with future dependent on February 2025 shareholder vote.POXELH1 2024
- TWYMEEG® sales growth and strengthened cash position extend Poxel's runway through 2025.POXELQ3 2024 TU
Next Poxel earnings date
H1 202630 Oct, 2026
Poxel
Next Poxel earnings date
H1 202630 Oct, 2026
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