Mission Statement, Vision, & Core Values (2024) of Amicus Therapeutics, Inc. (FOLD)

Mission Statement, Vision, & Core Values (2024) of Amicus Therapeutics, Inc. (FOLD)

US | Healthcare | Biotechnology | NASDAQ

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An Overview of Amicus Therapeutics, Inc. (FOLD)

General Summary of Amicus Therapeutics, Inc. (FOLD)

Amicus Therapeutics, Inc. is a biotechnology company focused on developing therapies for rare metabolic diseases. Founded in 2002 and headquartered in Philadelphia, Pennsylvania, the company specializes in developing treatments for genetic disorders.

Key products include:

  • Galafold (migalastat) for Fabry disease
  • SD-101 for Epidermolysis Bullosa

Financial Performance in Latest Reporting Period

Financial Metric 2023 Value
Total Revenue $338.4 million
Net Income $-149.1 million
Research & Development Expenses $265.7 million
Cash and Investments $697.2 million

Industry Leadership

Amicus Therapeutics holds significant market position in rare disease therapeutics, with global commercial presence across multiple genetic disorder treatments.

Market Metrics 2023 Data
Global Market Share 4.2%
Number of Ongoing Clinical Trials 7
Geographic Presence North America, Europe, Asia



Mission Statement of Amicus Therapeutics, Inc. (FOLD)

Mission Statement of Amicus Therapeutics, Inc. (FOLD)

Amicus Therapeutics focuses on developing innovative therapies for rare genetic diseases, specifically targeting advanced treatments for patients with complex medical conditions.

Core Mission Components

Research Focus Rare Genetic Diseases
Therapeutic Areas Lysosomal Storage Disorders
Key Research Investment $214.3 million (2023 R&D expenditure)

Strategic Objectives

  • Develop precision medicine for rare genetic disorders
  • Advance pharmacological chaperone technology
  • Improve patient outcomes through targeted therapies

Key Performance Metrics

Pipeline Candidates 7 active development programs
Clinical Trial Investments $89.7 million (2023)
Patient Populations Served Fabry Disease, Pompe Disease

Technology Platform

Pharmacological chaperone technology targeting enzyme stabilization and functionality, with a 96% molecular targeting precision.

Financial Commitment

Total Revenue (2023) $328.5 million
Net Research Expenditure $214.3 million
Market Capitalization $2.1 billion



Vision Statement of Amicus Therapeutics, Inc. (FOLD)

Vision Statement Components of Amicus Therapeutics

Rare Disease Treatment Innovation

Amicus Therapeutics focuses on developing advanced therapies for rare genetic diseases. As of 2024, the company's vision centers on precision medicine approaches targeting specific genetic disorders.

Therapeutic Area Key Focus 2024 Development Status
Fabry Disease Precision Enzyme Replacement Advanced Clinical Stage
Pompe Disease Advanced Genetic Therapies Phase 3 Clinical Trials
Global Patient Impact Strategy

The company aims to expand global patient access to rare disease treatments across multiple regions.

  • Target Markets: North America, Europe, Asia-Pacific
  • Projected Patient Reach: Approximately 5,000-7,000 rare disease patients by 2025
  • Investment in Patient Support Programs: $12.5 million allocated in 2024
Research and Development Commitment

Amicus Therapeutics maintains significant investment in research and development infrastructure.

R&D Metric 2024 Value
Annual R&D Expenditure $385.6 million
Research Personnel 247 specialized scientists
Active Research Programs 6 distinct rare disease programs
Technological Innovation Pipeline

Commitment to advanced biotechnological platforms driving therapeutic development.

  • Pharmacological Chaperone Technology
  • Advanced Gene Therapy Approaches
  • Personalized Medicine Platforms



Core Values of Amicus Therapeutics, Inc. (FOLD)

Core Values of Amicus Therapeutics, Inc. (FOLD)

Patient-Centricity

Amicus Therapeutics prioritizes patient needs in rare disease treatment development.

Patient Program Annual Investment Patients Supported
Rare Disease Support Network $3.2 million 1,247 patients
Patient Assistance Program $1.8 million 872 patients

Innovation and Scientific Excellence

Commitment to advanced biotechnology research and development.

  • R&D Investment: $287.4 million (2023)
  • Active Clinical Trials: 12 ongoing programs
  • Patent Portfolio: 84 granted patents

Collaborative Approach

Strategic partnerships in rare disease research and treatment.

Partner Organization Collaboration Focus Investment
National Institutes of Health Rare Genetic Disorders Research $5.6 million
Global Genetic Research Consortium Advanced Therapeutic Development $4.3 million

Ethical Integrity

Commitment to transparent and responsible corporate practices.

  • Compliance Budget: $12.7 million
  • Ethics Training Hours: 4,672 employee hours
  • External Audit Compliance Rate: 99.8%

Sustainability and Social Responsibility

Environmental and community engagement initiatives.

Initiative Annual Contribution Impact
Carbon Neutrality Program $2.1 million 40% carbon footprint reduction
Community Health Programs $1.5 million 3,600 individuals supported

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