Pharming: Positive EMA Opinion for Joenja, European Decision Pending
Pharming Group announced on Friday, March 27, 2026, that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has issued a positive opinion recommending the marketing authorization of Joenja® (leniolisib) for the treatment of APDS in adult and pediatric patients aged 12 years and older. A final decision from the European Commission is expected in about two months.
Joenja targets the hyperactivity of the PI3K? pathway responsible for APDS (Activated Phosphoinositide 3-Kinase Delta Syndrome), a rare primary immunodeficiency characterized by severe and recurrent sinopulmonary infections, lymphoproliferation, autoimmunity, and enteropathy. Leniolisib, the active ingredient in Joenja, is an oral inhibitor of PI3K? that regulates various cellular functions including proliferation, differentiation, and cytokine production. If approved in Europe, Joenja would become the first authorized treatment for APDS in the European Union. The centralized marketing authorization would be valid across all 27 EU member states, as well as in Norway, Iceland, and Liechtenstein.
Positive CHMP Opinion Based on Clinical Trial Results
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The positive opinion from the CHMP is based on the results of a Phase II/III clinical trial, which was randomized, triple-blind, and placebo-controlled, involving 31 patients aged 12 years and older diagnosed with APDS. This trial demonstrated a statistically significant impact on immune dysregulation and immunodeficiency. Data from an open-label follow-up study involving 37 patients who received leniolisib for a median of three years were also submitted. Joenja is already approved and marketed in the United States, the United Kingdom, and Japan for patients aged 12 years and older with APDS. Leniolisib is also being evaluated in two Phase II clinical trials for other primary immunodeficiencies with immune dysregulation.
SectorPharmacie et biotechnologies›Biotechnologies
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Context
Period
Period: T3 2026
Key reported figures
Revenue: 117,6 millions de dollars
Quarterly revenue: 117,6 millions de dollars
Revenue growth: 21 %
Guidance from the release
Tightened 2026 total revenue guidance to between US$380 million and US$390 million from prior US$375 million to US$395 million
Risks mentioned
Joenja revenue growth was partly driven by temporary benefit from ordering patterns in other international markets
RUCONEST third quarter revenue includes an early seasonal increase in channel inventory at a single U.S. specialty pharmacy customer, following significant drawdowns earlier in the year
Napazimone (KL1333): enrollment in the pivotal FALCON trial now expected to complete in the first half of 2027 (about 145 of 180 subjects by end-2026), with topline results approximately one year after completion of enrollment
Opportunities identified
RUCONEST stabilization and continued recovery of demand in the US (third quarter revenue of about US$93.8 million, +14% year-on-year and +30% versus the second quarter of 2026)
Joenja strong growth driven by launches in Germany, Japan and continued penetration in the U.K.
Substantial growth potential for Joenja with estimated CVID with immune dysregulation prevalence of 39 patients per million vs 1.5 for APDS
Outlook / guidance
Expected revenue: 385 millions de dollars
Management commentary: Tightened 2026 total revenue guidance to between US$380 million and US$390 million (1% to 4% growth) from prior US$375 million to US$395 million (0% to 5% growth)
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