EPI-589 is a Small Molecule owned by PTC Therapeutics, and is involved in 7 clinical trials, of which 4 were completed, and 3 are ongoing.
Redox cycle within the cell cycle represents a regulatory link between the oxidative metabolic processes and cell-cycle functions. A defect in this regulation could lead to aberrant proliferation, that is central to a variety of human pathologic conditions, such as neurodegenerative diseases. EPI-589 as a next-generation, reversible redox cofactor could be effective in the treatment of neuropsychiatric disorders.
The revenue for EPI-589 is expected to reach a total of $299m through 2038. This change impacts the valuation of this asset and is an important factor to understand the current value of the drug in a clinical process. View the complete picture with the EPI-589 NPV Report.
EPI-589 is originated and owned by PTC Therapeutics. Sumitomo Pharma is the other company associated in development or marketing of EPI-589.
EPI-589 Overview
EPI-589 (BioE-589) is under development for the treatment of amyotrophic lateral sclerosis and Parkinson’s disease. It is a small molecule. The drug candidate is a next-generation, reversible redox cofactor. It is an immediate release film coated tablet.
Sumitomo Pharma Overview
Sumitomo Pharma, a subsidiary of Sumitomo Chemical Co Ltd develops, manufactures, sells, imports and exports pharmaceutical products. The company drugs are focused on major therapeutic areas which include regenerative diseases, oncology, psychiatry and neurology and infectious diseases. It also offers veterinary medicines for companion animals, primarily dogs, and cats, as well as for livestock such as cattle, swine, poultry, horses, and aquacultured fish. It also offers food additives, chemical product materials, food ingredients, and other products. Sumitomo Dainippon has research laboratories and manufacturing and distribution facilities in Japan. The company operates through subsidiaries and offices in North America, Europe, and Asia Pacific. Sumitomo Pharma is headquartered in Osaka, Japan.
The company reported revenues of (Yen) JPY560,035 million for the fiscal year ended March 2022 (FY2022), an increase of 8.5% over FY2021. In FY2022, the company’s operating margin was 10.8%, compared to an operating margin of 13.8% in FY2021. In FY2022, the company recorded a net margin of 10.1%, compared to a net margin of 10.9% in FY2021.
The company reported revenues of JPY159,413 million for the second quarter ended September 2022, a decrease of 0.3% over the previous quarter.
Quick View – EPI-589
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