Tolebrutinib is a small molecule commercialized by Sanofi, with a leading Phase III program in Primary Progressive Multiple Sclerosis (PPMS). According to Globaldata, it is involved in 16 clinical trials, of which 9 were completed, 5 are ongoing, 1 is planned, and 1 was terminated. GlobalData uses proprietary data and analytics to provide a complete picture of Tolebrutinib’s valuation in its risk-adjusted NPV model (rNPV). Buy the model here.
The revenue for Tolebrutinib is expected to reach an annual total of $292 mn by 2034 in the US 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.
SAR-442168 (PRN-2246) is under development for the treatment of primary progressive multiple sclerosis (PPMS), relapsing remitting multiple sclerosis (RRMS) and unspecified indication. It is a small molecule administered through oral route. It acts by targeting Bruton’s tyrosine kinase (BTK) enzyme. The drug candidate is based on Tailored covalency technology platform. It was also under development for the treatment of solid tumors, secondary progressive multiple sclerosis (SPMS), generalized myasthenia gravis (MG), relapsing multiple sclerosis (RMS) and myasthenia gravis (MG).
Sanofi is a healthcare company, which is engaged in the discovery, development, manufacturing, and marketing of a wide range of medicines and vaccines. Its portfolio includes medicines for the treatment of cancer, rare diseases, multiple sclerosis; human vaccines for protection against various bacterial and viral diseases; and other products. The company also offers consumer healthcare products for digestion; allergy; cough, cold, flu and sinus; pain; women’s health; and vitamins, minerals, and supplements. Sanofi‘s R&D efforts focus on advancing a combination drug to increase the effectiveness of treatments and on advancing the formulation of new biologics to produce precision medicines. It has operations in Europe, the Americas, Asia-Pacific, Africa, and the Middle East. Sanofi is headquartered in Paris, Ile-de-France, France.
The company reported revenues of (Euro) EUR45,389 million for the fiscal year ended December 2022 (FY2022), an increase of 15.9% over FY2021. In FY2022, the company’s operating margin was 23.5%, compared to an operating margin of 20.7% in FY2021. In FY2022, the company recorded a net margin of 18.4%, compared to a net margin of 15.9% in FY2021.
For a complete picture of Tolebrutinib’s valuation, buy the drug’s risk-adjusted NPV model (rNPV) here.