Quarterly Drug Pipeline: January 2024

Clinical insights and competitive intelligence on anticipated drugs in development

Drug Pipeline

Clinical insights and competitive intelligence on anticipated drugs in development

Editor-in-chief's message


Welcome to the inaugural Prime Therapeutics Quarterly Drug Pipeline! Dive into clinical insights and competitive intelligence on anticipated drugs in development, so you are well sourced on the drug pipeline.

Methodology

The drug pipeline is complex and fluid. Our talented and committed team of clinical and analytics experts is excited to bring you this robust publication after thoughtful research. Specialty and traditional drugs that are covered under the pharmacy and medical benefits are featured. New molecular entities, pertinent new and expanded indications for existing medications, biosimilars and regenerative medicines, such as gene and cellular therapies, are also profiled.

Quarterly Pipeline details both agents submitted for FDA review and those in phase 3 study with a likelihood of being applied to the FDA. Our deep dives consider the evidence – the products’ potential to fill an unmet need or become the new standard of care and the ability to replace existing therapies.

A market-agnostic financial forecast primarily from EvaluateTM is included for select agents to assist payers with assessing the potential budgetary impact of the pipeline. Five-year projected annual U.S. sales are forecasted.

Reflection

The FDA’s 10-year novel drug approval average is 46 per year. In 2023, the FDA approved 55 novel drugs. This is over a third more than in 2022. More than half of novel approvals in 2023 were for rare or orphan diseases. Moreover, 65% of novel approvals underwent at least one of the Agency’s expedited programs to speed approval for serious conditions, with 16% as accelerated approval. This is a designation which can be challenging for payors to manage, since approval is based on a surrogate endpoint thought to predict clinical benefit. While numbers do not tell the entire story, they represent innovation for patient care and have the potential to advance health for the American public.

On the horizon

The FDA decisions for specialty medications (75%) and for Orphan Drugs (36%) continue to grow for agents with applications submitted to the FDA. One agent is seeking FDA’s Accelerated Approval.

First quarter 2024 may usher in first-time approvals. These include:

  • First FDA-approved treatment for NASH
  • New indication for Wegovy® for secondary CVD prevention in overweight/obesity
  • First-in-class agent that may target the underlying cause of PAH
  • First indication for a monoclonal antibody for food allergies
  • One-time gene therapies for two rare genetic conditions
  • First once-weekly basal insulin
  • First self-administered intranasal flu vaccine

We hope you enjoy the report!

 

Maryam Tabatabai
Vice President, Clinical Information 


 

Editorial team

 

Maryam Tabatabai
Editor-In-Chief
Vice President, Clinical Information 


Carole Kerzic, RPh
Executive Editor
Clinical Pharmacist, Drug Information 


Nicole Kjesbo, PharmD, BCPS
Executive Editor
Clinical Program Direcotr, Pipeline


Andrea Henry, PharmD, MBA, BCPS
Specialty Drug Information Pharmacist

Katie Lockhart
Senior Manager, Analytics

Olivia Pane, PharmD, CDCES
Clinical Pharmacist, Drug Information

Michelle E. Pannone-Booth, PharmD
Senior Director, Clinical Account Services

The drug pipeline is fluid; the dates and information within this publication are subject to change. Nothing herein is or shall be construed as a promise or representation regarding past or future events and Prime Therapeutics expressly disclaims any and all liability relating to the use of or reliance on the information contained in this presentation. The information contained in this publication is intended for educational purposes only and should not be considered clinical, financial, or legal advice. By receipt of this publication, each recipient agrees that the information contained herein will be kept confidential and that the information will not be photocopied, reproduced, distributed to, or disclosed to others at any time without the prior written consent of Prime Therapeutics.

 

Deep dive

Objective evidence-based methodology was used to identify the Deep Dive drugs in the upcoming quarters. This section features a clinical overview and explores the potential place in therapy for these agents. Moreover, it addresses their FDA approval timeline and 5-year  financial forecast.
 
Specialty drug names appear in magenta throughout the publication.
 

Keep on your radar

Notable agents that are further from approval have been identified in this unique watch list. These are products with the potential for significant clinical and financial impact. Their development status is being tracked on the Quarterly Drug Pipeline radar. These pipeline products, their respective class or proposed indication, as well as an estimated financial forecast for the year 2028, are displayed. The financials are projected total annual U.S. sales, reported in millions.

Drug list

AThe pipeline drug list is an aerial outline of drugs with anticipated FDA approval through 2026. It is not intended to be a comprehensive inventory of all drugs in the pipeline; emphasis is placed on drugs in high-impact categories. Investigational drugs with a recent Complete Response Letter (CRL) are also reported.
 

Gene & cellular therapies

Biosimilars

Specialty

Traditional

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