Concizumab is a Monoclonal Antibody owned by Novo Nordisk, and is involved in 9 clinical trials, of which 7 were completed, and 2 are ongoing.
Concizumab (NN-7415) is an anti-TFPI monoclonal antibody. It binds to the Kunitz-type protease inhibitor (KPI) 2 domain of TFPI thereby blocking the interaction of this domain with the active site of FXa. TFPI inhibits the activated factor X and VIIa-TF proteases. This complex proteolytically activates additional proteases (factors IX and X) and ultimately leads to the formation of a fibrin clot. NN-7415 blocks TFPI which facilitates the coagulation process.
The revenue for Concizumab is expected to reach a total of $2.6bn 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 Concizumab NPV Report.
Concizumab is originated and owned by Novo Nordisk.
Concizumab Overview
Concizumab (NN-7415) is under development for the treatment of hemophilia A and B. It is a monoclonal IgG4 antibody (mAb) which is administered subcutaneously as a solution. It targets tissue factor pathway inhibitor (TFPI).
Novo Nordisk Overview
Novo Nordisk, a subsidiary of Novo Holdings AS, is a healthcare company focused on discovering, developing, and manufacturing of innovative biological medicines. It focuses on advancing drugs for the treatment of diabetes and other serious chronic conditions, including hemophilia, human growth hormone (HGH) disorders, and obesity. The company’s portfolio includes pre-filled delivery systems for insulin; glucagon hypokit; cartridge; needles; vials; insulin; estradiol for hormone replacement; recombinant drugs for hemophilia; glucagon; and oral antidiabetic agents. the company markets its products through subsidiaries in North America, Europe, Asia, Latin America, Africa, the Middle East and Australia. Novo Nordisk is headquartered in Bagsvaerd, Denmark.
The company reported revenues of (Danish Krone) DKK140,800 million for the fiscal year ended December 2021 (FY2021), an increase of 10.9% over FY2020. In FY2021, the company’s operating margin was 41.7%, compared to an operating margin of 42.6% in FY2020. In FY2021, the company recorded a net margin of 33.9%, compared to a net margin of 33.2% in FY2020.
The company reported revenues of DKK45,566 million for the third quarter ended September 2022, an increase of 10.4% over the previous quarter.
Quick View – Concizumab
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