Minodronic acid is a Small Molecule owned by Astellas Pharma, and is involved in 18 clinical trials, which were completed.
Minodronic acid suppresses the incidence of arthritis and reduces the severity of arthritis, inhibiting the increase in inflammatory cytokine levels.
The revenue for Minodronic acid is expected to reach a total of $198m 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 Minodronic acid NPV Report.
Minodronic acid is currently owned by Astellas Pharma.
Minodronic acid Overview
Minodronic acid (Bonoteo/ Recalbon) is an anti-osteoporotic agent. It is formulated as film coated tablets for oral route of administration. It is indicated for the treatment of osteoporosis.
Astellas Pharma Overview
Astellas Pharma (Astellas) discovers, develops, manufactures, and commercializes a wide range of pharmaceuticals. The company’s product portfolio comprises marketed products for the treatment of a wide range of urological diseases, infectious diseases, cancer, nephrology, and metabolic diseases, immunodeficiency diseases, and transplantation. Its pipeline possesses drug candidates for the treatment of urothelial cancer; gastric cancer; gastroesophageal junction cancer; anemia associated with chronic kidney disease (CKD) in dialysis; Rheumatoid arthritis and non-dialysis patients; menopause-related vasomotor symptoms (MR-VMS) such as hot flashes and night sweats; and acute myeloid leukemia (AML), among others. It operates in the Americas, Australia, Europe, and Asia and Oceania through a network of subsidiaries and affiliates. Astellas is headquartered in Tokyo, Japan.
The company reported revenues of (Yen) JPY1,296,163 million for the fiscal year ended March 2022 (FY2022), an increase of 3.7% over FY2021. In FY2022, the company’s operating margin was 12.4%, compared to an operating margin of 11.7% in FY2021. In FY2022, the company recorded a net margin of 9.6%, compared to a net margin of 9.7% in FY2021. The company reported revenues of JPY380,394 million for the second quarter ended September 2022, a decrease of 0.4% over the previous quarter.
Quick View – Minodronic acid
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