Elagolix sodium is a Small Molecule owned by AbbVie, and is involved in 63 clinical trials, of which 53 were completed, and 10 are ongoing.
Elagolix sodium (ABT-620) is a gonadotropin-releasing hormone (GnRH) receptor antagonist. The inhibition of GnRH receptors in the pituitary gland reduces circulating sex hormone levels. It allows partial estrogen suppression and maintains estradiol in the low-normal range, providing symptom reduction while avoiding significant bone loss or other adverse effects.
The revenue for Elagolix sodium is expected to reach a total of $7.1bn 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 Elagolix sodium NPV Report.
Elagolix sodium was originated by Icahn School of Medicine at Mount Sinai and is currently owned by AbbVie.
Elagolix sodium Overview
Elagolix sodium (Orilissa/ ABT-620) act as analgesic. It is formulated as film coated tablets for oral route of administration. Orilissa is indicated for the management of moderate to severe pain associated with endometriosis. Elagolix sodium (ABT-620) is under development for the treatment of polycystic ovarian syndrome. It was also under development for uterine fibroids.
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.
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