RAC 3.15% $1.64 race oncology ltd

Ann: Race to present at IRD Invest virtual, investor conference, page-48

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    DrT also mentioned Keytruda which is a Merck oncology drug.

    Keytruda (pembrolizumab) for the treatment of advanced melanoma and metastatic non-small-cell lung cancer (NSCLC) in patients whose tumors express PD-L1 with disease progression following other therapies; Emend (aprepitant) for the prevention of chemotherapy-induced and post-operative nausea and vomiting; and Temodar (temozolomide) (marketed as Temodal outside the United States), a treatment for certain types of brain tumors.

    Here's the revenue profile for Keytruda (data from annual reports):
    • 2015: USD $566M
    • 2016: USD $1,402M (YoY 248%)
    • 2017: USD $3,809M (YoY 272%)
    • 2018: USD $7,171M (YoY 188%)
    • 2019: USD $11,084M (YoY 155%)
    So that is average annual revenue growth for this new cancer drug 216%, so you can see why handsome sums can be paid for oncology pipelines.

    So that gives perspective of revenue potential for an inhibitor treatment.
 
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