H. Lundbeck AS Ordinary Shares - Class B

HLUN B: XCSE (DNK)

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Lundbeck Earnings: Amid Approaching Patent Cliff, Lundbeck Makes Unsolicited Bid for Avadel

Rachel Elfman

Nov 15, 2025

Lundbeck reported total revenue of DKK 18.5 billion in the first nine months of 2025, up 14% year over year at constant exchange rates. On Nov. 14, Lundbeck made an unsolicited bid of up to $2.25 billion for Avadel Pharmaceuticals, potentially upending Avadel's existing deal with Alkermes.

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H. Lundbeck AS Ordinary Shares - Class B

Lundbeck Earnings: Amid Approaching Patent Cliff, Lundbeck Makes Unsolicited Bid for Avadel

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