Cerliponase alfa is a Recombinant Enzyme owned by BioMarin Pharmaceutical, and is involved in 8 clinical trials, of which 4 were completed, and 4 are ongoing.
BMN-190 is Tripeptidyl Peptidase 1 (TPP1 ) replacement agent. It restore TPP1 enzyme activity and break down the storage materials that cause CLN2 disease.
The revenue for Cerliponase alfa is expected to reach a total of $3.8bn 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 Cerliponase alfa NPV Report.
Cerliponase alfa is currently owned by BioMarin Pharmaceutical.
Cerliponase alfa Overview
Cerliponase alfa (Brineura, BMN-190) is recombinant human tripeptidyl peptidase 1 (rhTPP1) enzyme. It is formulated as injectable solution for intracerebroventricular (ICV) infusion. Brineura is indicated for the treatment of a specific form of batten disease. Cerliponase alfa is indicated to slow loss of walking ability (ambulation) in symptomatic pediatric patients 3 years of age and older with late infantile neuronal ceroid lipofuscinosis type 2 (CLN2), also known as tripeptidyl peptidase-1 (TPP1) deficiency. It is based on a patented technology that delivers the treatment directly to the brain.
BioMarin Pharmaceutical Overview
BioMarin Pharmaceutical (BioMarin) develops and commercializes innovative medicines for the treatment of rare genetic diseases and medical conditions such as Duchenne muscular dystrophy (DMD), phenylketonuria (PKU), achondroplasia, late infantile neuronal ceroid lipofuscinosis (CLN2) and hemophilia A. The company focuses on developing breakthrough treatments for debilitating and life-threatening diseases. Its product category consists of multiple clinical and preclinical offerings which include Naglazyme-Mucopolysaccharidosis Type VI (MPS VI), Aldurazyme-MPS I and others. The company operates through its manufacturing facilities in Novato, California. It conducts business operations in the US, Europe, Latin America, the Middle East, and Asia-Pacific. BioMarin is headquartered in San Rafael, California, the US.
The company reported revenues of (US Dollars) US$1,846.3 million for the fiscal year ended December 2021 (FY2021), a decrease of 0.8% over FY2020. The operating loss of the company was US$82.3 million in FY2021, compared to an operating loss of US$36.8 million in FY2020. The net loss of the company was US$64.1 million in FY2021, compared to a net profit of US$859.1 million in FY2020.
The company reported revenues of US$505.3 million for the third quarter ended September 2022, a decrease of 5.3% over the previous quarter.
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