A positive interim readout will be much higher than 50c.
- - Only drug in Phase 3 study for FSGS after sparsentan failure
- - Different mechanism of action than sparsentan
- - Placebo-controlled study design
- - FSGS leads to kidney failure, dialysis, or transplant - There are NO approved drugs specifically for FSGS
- - High recurrence rate in transplanted kidneys
- - Increased licensing partner interest,
- - Estimated FSGS market of over $3 billion per annum by 2030 - Attractive market in seven major markets - Large unmet need in China
- - Patent applications in progress in key jurisdictions
- - Exclusivity for DMX-200 until at least 2036
- - Received Orphan Drug Designation with the FDA, EMA, and UK, allowing potential fast-track commercialisation if successful.
To quote Nina verbatim from shareholders webinar 04/05/23:
"Dimerix has no plans to take the drug to market itself, and we will ultimately commercialize with a partner. Our preference is to work with partners that have strong sales and marketing infrastructure and experience. We have received a significant amount of interest from global pharma companies since we started our Phase 3 trial."
Advanz pharma offering > $220M in milestone payments alone just for EU, Canada and ANZ!
Significant unmet need in the US and China markets.
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