Odronextamab is a Monoclonal Antibody owned by Regeneron Pharmaceuticals, and is involved in 12 clinical trials, of which 5 are ongoing, and 7 are planned.
Odronextamab is a bi-specific monoclonal antibody binds to both T-cells and CD20-expressing tumor B-cells, which cross-links the T-cells to tumor cells, resulting in a potent cytotoxic T-lymphocyte (CTL) response against CD20-expressing tumor B-cells.The CD-20 antigen is a non-glycosylated phosphoprotein, which is important in cell proliferation and differentiation and is found to be expressed on tumor cells.
The revenue for Odronextamab is expected to reach a total of $3.6bn 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 Odronextamab NPV Report.
Odronextamab is originated and owned by Regeneron Pharmaceuticals. Zai Lab is the other company associated in development or marketing of Odronextamab.
Odronextamab Overview
Odronextamab is under development for the treatment of relapsed/refractory B- cell non-Hodgkin's lymphomas including diffuse large B-cell lymphoma, follicular lymphoma, mantle cell lymphoma, marginal zone lymphoma, B-cell Hodgkin's lymphoma, chronic lymphocytic leukemia and acute lymphoblastic leukemia. The therapeutic candidate is administered intravenously. It is an anti-CD20 and anti-CD3 bi-specific monoclonal antibody. It is developed based on VelociSuite technology.
Regeneron Pharmaceuticals Overview
Regeneron Pharmaceuticals (Regeneron) is engaged in discovering, developing, manufacturing, and marketing medicines for the treatment of serious medical conditions. Its products are focused on helping patients suffering from cancer, allergic and inflammatory diseases, eye diseases, metabolic and cardiovascular diseases, infectious diseases, neuromuscular diseases, and rare diseases. It develops products using its Trap and VelociSuite technology platforms, which include VelocImmune, VelociGene, VelociMouse, VelociMab, Veloci-Bi, and other related technologies. The company operates manufacturing facilities in Rensselaer, New York, and Limerick, Ireland. It also collaborates with strategic partners to develop, manufacture, and commercialize its products. It sells its products to specialty pharmacies and distributors. The company operates in the US, the Netherlands, Bermuda, Ireland, Spain, and the UK. Regeneron is headquartered in Tarrytown, New York, the US.
The company reported revenues of (US Dollars) US$16,071.7 million for the fiscal year ended December 2021 (FY2021), an increase of 89.1% over FY2020. In FY2021, the company’s operating margin was 55.7%, compared to an operating margin of 42.1% in FY2020. In FY2021, the company recorded a net margin of 50.2%, compared to a net margin of 41.3% in FY2020.
The company reported revenues of US$2,936.2 million for the third quarter ended September 2022, an increase of 2.8% over the previous quarter.
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