Cyclosporine is a Small Molecule owned by AbbVie, and is involved in 20 clinical trials, of which 19 were completed, and 1 is ongoing.
Cyclosporine binds to cyclophillin. The complex then inhibits calcineurin which is normally responsible for activating transcription of interleukin 2. Cyclosporine also inhibits lymphokine production and interleukin release. Cyclosporin is effective to inhibit the proliferation of pterygia. Cyclosporine emulsion is thought to act as a partial immunomodulator in patients whose tear production is presumed to be suppressed due to ocular inflammation.
The revenue for Cyclosporine is expected to reach a total of $1.4bn through 2036. 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 Cyclosporine NPV Report.
Cyclosporine is currently owned by AbbVie.
Cyclosporine Overview
Cyclosporine (Restasis, and Restasis Multidose) is a polypeptide derivative, acts as an immunosuppressive agent. It is formulated as emulsion and drops for ophthalmic route of administration. Restasis is indicated for the treatment of keratoconjunctivitis sicca (Dry eye). It was under the development for the treatment of keratoconjunctivitis sicca (Dry eye), atopic keratoconjunctivitis, pterygium, corneal ulcers and corneal graft rejection.
AbbVie Overview
AbbVie is a specialty biopharmaceutical company, which discovers, develops, manufactures, and commercializes drugs for the treatment of chronic and complex diseases. Its drugs are indicated for the treatment of metabolic diseases, rheumatological diseases, neurological disorders, viral diseases, skin diseases, complications associated with cystic fibrosis, pain related to endometriosis, diseases of the gastrointestinal tract, various types of cancer, and other serious health conditions. AbbVie is also advancing its pipeline programs for the treatment of cystic fibrosis, women’s health, various cancers, neurological disorders and other autoimmune diseases. The company markets its products directly to wholesalers, distributors, health care facilities, government agencies, specialty pharmacies and independent retailers through its own distribution centers and public warehouses worldwide. AbbVie is headquartered in North Chicago, Illinois, the US.
The company reported revenues of (US Dollars) US$56,197 million for the fiscal year ended December 2021 (FY2021), an increase of 22.7% over FY2020. In FY2021, the company’s operating margin was 31.9%, compared to an operating margin of 24.8% in FY2020. In FY2021, the company recorded a net margin of 20.5%, compared to a net margin of 10.1% in FY2020.
The company reported revenues of US$14,812 million for the third quarter ended September 2022, an increase of 1.6% over the previous quarter.
Quick View – Cyclosporine
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