Libvatrep is a Small Molecule owned by Novartis, and is involved in 5 clinical trials, of which 4 were completed, and 1 is ongoing.

Libvatrep (SAF-312) inhibits the capsaicin receptor TrpV1, which is expressed on the surface of the eye. The TRPV1 antagonists block the activity of TRPV1, results in the reduction in pain and other integration of diverse painful stimuli. Transient receptor potential vanilloid 1 (TRPV1/VR1) is a non-selective cation channel with high calcium permeability expressed on the peripheral and central terminals of small-diameter sensory neurones. It functions as a polymodal nociceptor at the peripheral nerve terminals and modulates synaptic transmission at the first sensory synapse between dorsal root ganglion (DRG) and dorsal horn neurones.

The revenue for Libvatrep is expected to reach a total of $327m 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 Libvatrep NPV Report.

Libvatrep is originated and owned by Novartis.

Libvatrep Overview

Libvatrep (SAF-312) is under development for the treatment of postoperative or chronic ocular surface ocular pain. The drug candidate is administered through oral route and opthalmic route. It is a new molecular entity (NME).

It was also under development for the treatment of postoperative dental pain and neurogenic detrusor overactivity due to spinal cord lesions.

Novartis Overview

Novartis is a healthcare company that focuses on the discovery, development, manufacture and marketing of prescription and generic pharmaceutical products and eye care products. It provides drugs for the treatment of cancer, cardiovascular diseases, dermatological conditions, neurological disorders, ophthalmic and respiratory diseases, immune disorders, and infections, among others. The company offers generic medicines and biosimilars through Sandoz. Novartis conducts research in various disease areas through The Novartis Institutes for BioMedical Research (NIBR). The company operates through a network of subsidiaries and offices across the Americas, Europe, the Middle East, Africa, and Asia-Pacific. Novartis is headquartered in Basel, Switzerland.

The company reported revenues of (US Dollars) US$52,877 million for the fiscal year ended December 2021 (FY2021), an increase of 6% over FY2020. In FY2021, the company’s operating margin was 22.1%, compared to an operating margin of 20.3% in FY2020. In FY2021, the company recorded a net margin of 45.4%, compared to a net margin of 16.2% in FY2020. The company reported revenues of US$12,842 million for the third quarter ended September 2022, a decrease of 1.9% over the previous quarter.

Quick View – Libvatrep

Report Segments
  • Innovator
Drug Name
  • Libvatrep
Administration Pathway
  • Ophthalmic
  • Oral
Therapeutic Areas
  • Central Nervous System
  • Genito Urinary System And Sex Hormones
Key Companies
Highest Development Stage
  • Phase II

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

To create this model, GlobalData takes into account factors including patent law, known and projected regulatory approval processes, cash flows, potential applicable patients, drug margins, company expenses, and pricing estimates. Combining these data points with GlobalData’s world class analysis creates high value models that companies can use to help in evaluation processes for each drug or company.

The rNPV method integrates the probability of a drug reaching a clinical stage into the cash flow at that time, which provides a more accurate rNPV, as it considers the probability that the drug never makes it through the clinical pathway to commercialization. GlobalData’s rNPV model uses proprietary likelihood of approval (LoA)and phase transition success rate(PTSR) data for the indication in the highest development stage, which can be found on GlobalData’s Pharmaceutical Intelligence Center.