Mecapegfilgrastim is a Recombinant Protein owned by Jiangsu Hengrui Medicine, and is involved in 11 clinical trials, of which 4 were completed, 3 are ongoing, and 4 are planned.
Pegfilgrastim (Pegylated rhG-CSF) specifically stimulates and regulates the proliferation, differentiation of granulocyte series progenitor cell which then promotes maturity and release of neutrophils. Chemotherapy causes secondary effects on variety of normal cells including hematopoietic elements of the bone marrow and causes neutropenia. The drug candidate releases the neutrophils through influencing hematopoietic stem and progenitor cell, micro-environment of bone marrow and apoptosis. Thus, the drug candidate alleviates the condition.
The revenue for Mecapegfilgrastim is expected to reach a total of $7.8bn 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 Mecapegfilgrastim NPV Report.
Mecapegfilgrastim is currently owned by Jiangsu Hengrui Medicine.
Mecapegfilgrastim Overview
Mecapegfilgrastim (Aido, Thiopefilgrastim) is a recombinant human granulocyte stimulating factor. It is formulated as pegylated solution for subcutaneous route of administration. Mecapegfilgrastim is indicated for the treatment of adult patients with neutropenia and infection caused by radiotherapy and chemotherapy for non-myeloid malignant tumors.
Jiangsu Hengrui Medicine Overview
Jiangsu Hengrui Medicine (Jiangsu Hengrui) is a biopharmaceutical company that focuses on the research, development, manufacture, and distribution of novel pharmaceutical products. Its product portfolio includes anti-tumor drugs, surgical drugs, contrast agents, angiomyocardiac drugs, and antibiotics. The company is also developing pipeline products for the treatment of cancer, Crohn’s disease, anemia, diabetes, atopic dermatitis, chronic bone disease, blood pressure, and hypercholesterolemia. Jiangsu Hengrui has R&D facilities in China, the US and Japan. The company offers products through its sales and distribution network in China, the US, Japan, Germany Switzerland, and Australia. Jiangsu Hengrui is headquartered in Lianyungang, Jiangsu Province, China.
The company reported revenues of (Renminbi) CNY25,905.5 million for the fiscal year ended December 2021 (FY2021), a decrease of 6.6% over FY2020. In FY2021, the company’s operating margin was 18%, compared to an operating margin of 25.3% in FY2020. In FY2021, the company recorded a net margin of 17.5%, compared to a net margin of 22.8% in FY2020.
The company reported revenues of CNY5,717.3 million for the third quarter ended September 2022, an increase of 20.4% over the previous quarter.
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