Soticlestat is a Small Molecule owned by Ovid Therapeutics, and is involved in 20 clinical trials, of which 14 were completed, 5 are ongoing, and 1 is planned.
Soticlestat inhibits cholesterol 24-hydroxylase. Inhibiting intracerebral cholesterol 24-hydroxylase leads to suppression of nerve cell death, Alpha-beta increase, intracerebral inflammation and the like observed in neurodegenerative diseases. Decreasing intracerebral 24-HC (cholesterol 24-hydroxylase) causes not only an improvement of the symptom but also a suppression of the progression.
The revenue for Soticlestat is expected to reach a total of $1.4bn 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 Soticlestat NPV Report.
Soticlestat (TAK-935, OV-935) is under development for the treatment of developmental and epileptic encephalopathies (dEE), rare pediatric epilepsies such as Dravet syndrome, Lennox–Gastaut syndrome, tuberous sclerosis complex, 15q duplication syndrome and CDKL5 deficiency disorder. It is administered orally. The drug candidate act by targeting cholesterol 24-hydroxylase. It was also under development for chronic complex regional pain syndrome.
Takeda Pharmaceutical Overview
Takeda Pharmaceutical (Takeda) is a research-based pharmaceutical company which focuses on the discovery, development, manufacturing, marketing, commercialization, import and export of pharmaceutical drugs. The company offers products in the areas of rare diseases, gastrointestinal, oncology, neuroscience, vaccines, and plasma-derived therapies. Takeda has facilities in Japan, Argentina, Brazil, Mexico, the US, Denmark, Norway, Europe, Poland, Russia, Spain, Switzerland, China and India, Canada among others. It markets products directly and through a network of wholesale distributors, retail chains and other purchasing groups worldwide. Takeda has partnership with academic institutions, small biotech, and large pharmaceutical companies. It has presence in the Americas, Europe, and Asia, among others. Takeda is headquartered in Tokyo, Japan.
The company reported revenues of (Yen) JPY3,569,006 million for the fiscal year ended March 2022 (FY2022), an increase of 11.6% over FY2021. In FY2022, the company’s operating margin was 12.5%, compared to an operating margin of 18.8% in FY2021. In FY2022, the company recorded a net margin of 6.4%, compared to a net margin of 11.8% in FY2021. The company reported revenues of JPY1,002,307 million for the second quarter ended September 2022, an increase of 3.1% over the previous quarter.
Quick View – Soticlestat
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