Ivabradine hydrochloride is a Small Molecule owned by Les Laboratoires Servier, and is involved in 39 clinical trials, of which 35 were completed, and 4 are ongoing.
Ivabradine hydrochloride is a heart rate lowering agent, acting by selective and specific inhibition of the cardiac pacemaker I(f) current that controls the spontaneous diastolic depolarisation in the sinus node and regulates heart rate. The drug candidate is If channel inhibitor that is carried by potassium/sodium hyperpolarization-activated cyclic nucleotide-gated channel. The cardiac effects are specific to the sinus node with no effect on intra-atrial, atrioventricular or intraventricular conduction times, nor on myocardial contractility or ventricular repolarisation.
The revenue for Ivabradine hydrochloride is expected to reach a total of $1.7bn 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 Ivabradine hydrochloride NPV Report.
Ivabradine hydrochloride is originated and owned by Les Laboratoires Servier. Ono Pharmaceutical and Amgen are the other companies associated in development or marketing of Ivabradine hydrochloride.
Ivabradine hydrochloride Overview
Ivabradine hydrochloride (Procoralan/Corlentor, Coralan) is a benzazepine derivative acts as cardiotonic agent. It is formulated as film coated tablets, and solution for oral route of administration. Ivabradine hydrochloride is indicated for symptomatic treatment of chronic heart failure NYHA II to IV class with systolic dysfunction in adults and for the treatment of stable symptomatic heart failure due to dilated cardiomyopathy (DCM) in pediatric patients aged 6 months and older, who are in sinus rhythm with an elevated heart rate. It is also indicated for patients with chronic heart failure with sinus rhythm and baseline resting heart rate more than or 75 beats per minute.
The drug candidate is a new chemical entity. It was also under development for the treatment of dilated cardiomyopathy in pediatric patients.
Amgen Overview
Amgen is a biotechnology company, which discovers, develops, manufactures, and markets innovative human medicines to treat patients suffering from serious diseases. It develops novel medicines in six focused disease areas including cardiovascular diseases, oncology/hematology, inflammation, bone health, neurological disorders and nephrology. The company develops products using advanced human genetics to unravel the difficulties of disease and understand the fundamentals of human biology. Amgen sells products primarily to pharmaceutical wholesale distributors in the US. It also markets certain products directly to consumers through direct-to-consumer channels such as print, television and online media. Amgen is headquartered in Thousand Oaks, California, the US.
The company reported revenues of (US Dollars) US$25,979 million for the fiscal year ended December 2021 (FY2021), an increase of 2.2% over FY2020. In FY2021, the company’s operating margin was 29.4%, compared to an operating margin of 35.9% in FY2020. In FY2021, the company recorded a net margin of 22.7%, compared to a net margin of 28.6% in FY2020.
The company reported revenues of US$6,652 million for the third quarter ended September 2022, an increase of 0.9% over the previous quarter.
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