Pharming Group N.V. (PHAR) Bundle
An Overview of Pharming Group N.V. (PHAR)
General Summary of Pharming Group N.V. (PHAR)
Pharming Group N.V. is a biotechnology company headquartered in Leiden, Netherlands. The company specializes in developing innovative therapies for rare diseases using transgenic protein production technology.
Key Products and Services:
- RUCONEST® (C1 esterase inhibitor) for hereditary angioedema
- Leniolisib for activated phosphoinositide 3-kinase delta syndrome (APDS)
Current Sales Metrics (2024):
Product | Annual Sales (USD) |
---|---|
RUCONEST® | $216.7 million |
Leniolisib | $42.3 million |
Financial Performance
Financial Highlights for 2023 Fiscal Year:
Financial Metric | Amount (USD) |
---|---|
Total Revenue | $279.4 million |
Net Profit | $64.2 million |
Research & Development Expenses | $89.6 million |
Industry Leadership
Market Position Indicators:
- Global market share in rare disease therapeutics: 4.7%
- Number of approved orphan drug designations: 6
- Active clinical trials: 3 ongoing Phase 2/3 studies
Pharming Group N.V. continues to demonstrate strong performance in the rare disease therapeutic market, with consistent revenue growth and innovative product development.
Mission Statement of Pharming Group N.V. (PHAR)
Mission Statement of Pharming Group N.V. (PHAR)
Pharming Group N.V. Mission Statement focuses on developing and commercializing innovative biopharmaceutical therapies for rare and orphan diseases.
Core Components of Mission Statement
Therapeutic Innovation
Pharming's commitment to therapeutic innovation is demonstrated through:
- €105.8 million invested in R&D in 2022
- 3 primary therapeutic development programs
- Focus on rare genetic diseases
R&D Investment | Number of Active Programs | Target Disease Categories |
---|---|---|
€105.8 million | 3 | Rare Genetic Disorders |
Patient-Centric Approach
Patient support metrics:
- Leniolisib approved for activated phosphoinositide 3-kinase delta syndrome (APDS)
- Ruconest: Approved in 14 countries
- Patient access programs in multiple global markets
Global Healthcare Advancement
Global market presence statistics:
Geographic Presence | Product Registrations | Annual Revenue |
---|---|---|
North America, Europe, Asia | 14 country registrations | €264.4 million in 2022 |
Strategic Research Focus
Research pipeline details:
- 3 clinical-stage development programs
- Proprietary protein production platform
- Ongoing rare disease research
Financial Commitment to Innovation
Financial investment metrics:
R&D Expenditure | Market Capitalization | Product Development Stage |
---|---|---|
€105.8 million | €1.2 billion | 3 clinical-stage programs |
Vision Statement of Pharming Group N.V. (PHAR)
Vision Statement Core Components
Strategic Positioning in Rare Disease TherapeuticsPharming Group N.V. focuses on developing advanced biopharmaceutical treatments for rare genetic disorders. As of 2024, the company's vision encompasses specialized therapeutic interventions.
Vision Focus Area | Key Performance Metrics |
---|---|
Rare Genetic Disorders | 3-5 targeted therapeutic programs |
Global Market Reach | Presence in 15+ countries |
Research Investment | €42.3 million annual R&D budget |
Innovation and Research Priorities
Technological Development Approach- Proprietary protein engineering platforms
- Advanced recombinant protein technologies
- Gene therapy research capabilities
Clinical Development Strategy
Pharming Group N.V. targets breakthrough therapies with specific clinical objectives:
Clinical Program | Current Stage | Target Patient Population |
---|---|---|
Hereditary Angioedema Treatment | Phase III Clinical Trials | Approximately 6,000-10,000 patients |
Fabry Disease Intervention | Ongoing Clinical Validation | Estimated 5,000-7,000 global patients |
Global Market Expansion
International Growth MetricsPharming Group N.V. demonstrates strategic global expansion capabilities:
- Regulatory approvals in European Union
- Expanding North American market presence
- Emerging market penetration strategies
Financial Vision Parameters
Financial Metric | 2024 Projection |
---|---|
Revenue Forecast | €187.6 million |
Research Investment Percentage | 22-25% of total revenue |
Market Capitalization | €1.2 billion |
Core Values of Pharming Group N.V. (PHAR)
Core Values of Pharming Group N.V. (PHAR) in 2024
Patient-Centric InnovationPharming Group N.V. demonstrates commitment to patient-centric innovation through targeted rare disease therapies.
Therapeutic Area | Number of Ongoing Clinical Trials | Patient Impact |
---|---|---|
Hereditary Angioedema | 3 | Over 6,500 patients treated globally |
Rare Metabolic Disorders | 2 | Potential treatment for 500-1,000 patients |
Pharming invests significantly in research and development.
- R&D Investment in 2023: €54.2 million
- Research Personnel: 87 dedicated scientists
- Patent Portfolio: 25 active international patents
Compliance Metric | 2024 Performance |
---|---|
Clinical Trial Transparency | 100% compliance with international standards |
Regulatory Audits Passed | 7 consecutive successful audits |
Environmental and social commitments quantified:
- Carbon Emissions Reduction: 22% since 2020
- Renewable Energy Usage: 45% of total energy consumption
- Diversity in Leadership: 38% female representation
Access Program | Countries Served | Patients Supported |
---|---|---|
Compassionate Use Program | 18 countries | 1,247 patients |
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