Ubrogepant is a Small Molecule owned by AbbVie, and is involved in 24 clinical trials, of which 17 were completed, 3 are ongoing, and 4 are planned.
Ubrogepant is a calcitonin gene-related peptide (CGRP) receptor antagonist. CGRP and its receptors are expressed in regions of the nervous system associated with migraine pathophysiology. CGRP levels in the cranial circulation are increased during a migraine attack and CGRP itself has been shown to trigger migraine-like headache.
The revenue for Ubrogepant is expected to reach a total of $16.7bn 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 Ubrogepant NPV Report.
Ubrogepant was originated by Merck & Co and is currently owned by AbbVie.
Ubrogepant Overview
Ubrogepant (Ubrelvy) is carboxamides derivative acts as an antimigraine agent. It is formulated as tablets for oral route of administration. Ubrelvy is indicated for the acute treatment of migraine with or without aura in adults.
Ubrogepant (MK-1602 / Ubrelvy) is under development for the treatment of acute migraine.
AbbVie Overview
AbbVie is a specialty biopharmaceutical company, which discovers, develops, manufactures, and commercializes drugs for the treatment of chronic and complex diseases. Its drugs are indicated for the treatment of metabolic diseases, rheumatological diseases, neurological disorders, viral diseases, skin diseases, complications associated with cystic fibrosis, pain related to endometriosis, diseases of the gastrointestinal tract, various types of cancer, and other serious health conditions. AbbVie is also advancing its pipeline programs for the treatment of cystic fibrosis, women’s health, various cancers, neurological disorders and other autoimmune diseases. The company markets its products directly to wholesalers, distributors, health care facilities, government agencies, specialty pharmacies and independent retailers through its own distribution centers and public warehouses worldwide. AbbVie is headquartered in North Chicago, Illinois, the US.
The company reported revenues of (US Dollars) US$56,197 million for the fiscal year ended December 2021 (FY2021), an increase of 22.7% over FY2020. In FY2021, the company’s operating margin was 31.9%, compared to an operating margin of 24.8% in FY2020. In FY2021, the company recorded a net margin of 20.5%, compared to a net margin of 10.1% in FY2020.
The company reported revenues of US$14,812 million for the third quarter ended September 2022, an increase of 1.6% over the previous quarter.
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