Zevra Therapeutics, Inc. (NASDAQ:ZVRA) Q4 2023 Earnings Call Transcript

Joshua Schafer: Yes. Al products — all branded products in this space are required to have some form of set at it. And so it’s not unique for ora to have a set at where a generic fan is required first. So we’re seeing patients setting through that very, very quickly. And physicians and patients are making the decision as to what’s the next best of clinical benefit opportunity for the patients. Many the physicians that we have been speaking with and albeit in just a few short weeks that we’ve had really find OLPRUVA to have the most clinically differentiated beneficial profile for these patients. So it’s a little too early to give you incentive answers to that, Oren, because the early signals are that again, the profile of OLPRUVA is really towards patients switching both Cetrine and Revlon. Caren.

Unidentified Company Representative: I’m going to add 1 additional comment to that. Yes, 1 additional comment to that. So I think that’s an important perspective. As Josh mentioned, the approach to getting patients on therapy is fairly consistent, our improvement of the reimbursement of covered lives from 55% up to 70%, really puts us close to par also in that area, which then can drive that awareness and clinical differentiation from the other products in the market and with Quick Start program and other awareness campaigns that we’re moving forward with will allow us to be able to give patients an option and physicians an option.

Operator: And this does conclude the portion for today’s call. I’d now like to turn the call back over to Neil McFarlane for any closing remarks.

Neil McFarlane: Thank you, operator. The fourth quarter 2023 was a pretty period of tremendous transformation for Zevra. We made solid progress towards achieving our mission of building leading patient-focused rare disease company. As we look to 2024, our key strategic priorities are clear, and we look forward to updating you in the future. Thanks for joining us today.

Operator: This does conclude today’s program. Thank you for your participation, and you may disconnect at any time.