Sabatolimab is a Monoclonal Antibody owned by Novartis, and is involved in 15 clinical trials, of which 11 are ongoing, and 4 are planned.
sabatolimab elicits its antitumor response by targeting TIM3. The therapeutic candidate binds to TIM3 which results in blockade of TIM3 which futher increases Th1 cells. This induces the production of interferon-gamma (IFN-gamma) and interferes with all the immune-suppressive functions of Tim-3.
The revenue for Sabatolimab is expected to reach a total of $2.7bn 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 Sabatolimab NPV Report.
Sabatolimab is under development for the treatment of solid tumors including glioblastoma multiforme, gliosarcoma and relapsed or refractory and de novo acute myeloid leukemia, chronic myelomonocytic leukemia, myelodysplastic syndrome, primary myelofibrosis including post-essential thrombocythemia (ET) (PET-MF) and post-polycythemia vera (PV) myelofibrosis (PPV-MF). It is administered intravenously. The monoclonal antibody acts by targeting T cell immunoglobulin mucin-3 (TIM-3). It is a new molecular entity (NME).
It was also under development for the treatment of melanoma, non-small cell lung cancer, small cell lung cancer, renal cell carcinoma.
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 – Sabatolimab
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