Quemliclustat is a small molecule commercialized by Arcus Biosciences, with a leading Phase II program in Non-Small Cell Lung Cancer. According to Globaldata, it is involved in 8 clinical trials, of which 2 were completed, 5 are ongoing, and 1 is planned. GlobalData uses proprietary data and analytics to provide a complete picture of Quemliclustat’s valuation in its risk-adjusted NPV model (rNPV). Buy the model here.
The revenue for Quemliclustat is expected to reach an annual total of $17 mn by 2034 globally based off GlobalData’s Expiry Model. The drug’s revenue forecasts along with estimated costs are used to measure the value of an investment opportunity in that drug, otherwise known as net present value (NPV). Applying the drug’s phase transition success rate to remaining R&D costs and likelihood of approval (LoA) to sales related costs provides a risk-adjusted NPV model (rNPV). The rNPV model is a more conservative valuation measure that accounts for the risk of a drug in clinical development failing to progress.
Quemliclustat is under development for the treatment of solid tumors including metastatic castrate resistant prostate cancer (mCRPC), non-small cell lung cancer, metastatic adenocarcinoma of the pancreas, melanoma and pancreatic ductal adenocarcinoma. The drug candidate is administered through intravenous and oral route. It acts by targeting CD73.
Arcus Biosciences Overview
Arcus Biosciences operates as a clinical-stage biopharmaceutical company focused on creating innovative cancer immunotherapies by leveraging underexploited biological opportunities. Its product pipeline includes AB928, a selective dual antagonist of the adenosine receptors known as A2aR and A2bR in combination with anti-PD-1 antibody (AB122) and chemotherapy is used for the treatment of metastatic triple-negative breast cancer or ovarian cancer and advanced malignancies; AB122, an anti-PD-1 antibody targeting cancer; AB154, an anti-TIGIT antibody; and AB680, a CD73 inhibitor against solid tumors. The company has in-house specialization in medicinal chemistry, immunology, biochemistry, pharmacology and structural biology. Arcus Biosciences is headquartered in Hayward, California, the US.
The company reported revenues of (US Dollars) US$382.9 million for the fiscal year ended December 2021 (FY2021), compared to a revenue of US$77.5 million in FY2020. The operating profit of the company was US$54.3 million in FY2021, compared to an operating loss of US$124.2 million in FY2020. The net profit of the company was US$52.8 million in FY2021, compared to a net loss of US$122.9 million in FY2020. The company reported revenues of US$33.6 million for the third quarter ended September 2022, an increase of 25.5% over the previous quarter.
For a complete picture of Quemliclustat’s valuation, buy the drug’s risk-adjusted NPV model (rNPV) here.