Bilastine is a Small Molecule owned by Faes Farma, and is involved in 42 clinical trials, of which 39 were completed, and 3 are ongoing.
Bilastine is a histamine H1 receptor (H1) antagonist. It competes with histamine for the H1-receptor sites on effector cells and acts as an antagonist by inhibiting the release of histamine and other mediators involved in the allergic response.
The revenue for Bilastine is expected to reach a total of $992m through 2034. 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 Bilastine NPV Report.
Bilastine (Bilaxten, Alektos, Bilaska, Inorial, Ilaxten, Bitosen, Antires, Ibis, Blexten, Ayrinal, Bilanoa, Obalix, Labixten, Bellozal, Nasitop, Olisir, Allertine) is a piperidine derivative acts as anti-allergic agent. It is formulated as tablets and solution for oral route and drops solution for ophthalmic route of administration. Bilastine is indicated for the treatment of allergic rhinitis, atopic dermatitis (atopic eczema), chronic urticaria or hives, pruritus, seasonal and perennial allergic conjunctivitis.
Bilastine is under development for the treatment of allergic rhino-conjunctivitis, seasonal allergic rhinitis, symptoms of chronic spontaneous urticaria (pruritus, hives), recurrent idiopathic angioedema, seasonal allergic conjunctivitis (SAC) or perennial allergic conjunctivitis (PAC).
Otsuka Holdings Overview
Otsuka Holdings (Otsuka) is a holding company, which operates various businesses such as pharmaceuticals, nutraceuticals, consumer products and other businesses through its subsidiaries. It focuses on the research and development, manufacture, and sale of medicines for the treatment of cancer, cardiovascular diseases, central nervous system disorders, ophthalmic diseases, gastrointestinal and respiratory diseases, infectious diseases, dermatological conditions and allergies. The company’s product portfolio includes pharmaceutical products, cosmetics, functional foods and beverages, alcoholic beverages, fine chemicals, electronic equipment, functional chemicals, medical devices and OTC products. It markets its products in North America, Europe, and Asia. Otsuka is headquartered in Chiyoda-ku, Tokyo, Japan.
The company reported revenues of (Yen) JPY1,498,276 million for the fiscal year ended December 2021 (FY2021), an increase of 5.3% over FY2020. In FY2021, the company’s operating margin was 10.3%, compared to an operating margin of 13.8% in FY2020. In FY2021, the company recorded a net margin of 8.4%, compared to a net margin of 10.4% in FY2020. The company reported revenues of JPY451,811 million for the third quarter ended September 2022, an increase of 4.1% over the previous quarter.
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