The Acquisition of Chinook Therapeutics by Novartis
will help it in terms of manufacturing innovative medicines for the treatment
of kidney diseases.
United
States: Novartis
AG on Monday, 12th June 2023 announced that the company has agreed
to acquire Chinook Therapeutics for up to USD3.5 billion. The Seattle based biotech
company's two late-stage programs aimed at treating rare, severe chronic kidney
diseases will expand the buyer's renal pipeline. Chinook is a Seattle-based
company that develops precision medicines for the treatment of severe, rare
kidney disorders. The organizations pipeline of four unveiled programs is
driven by atrasentan which is an oral endothelin A receptor antagonist that is
in continuous Stage III development for Immunoglobulin A Nephropathy. According
to the Centers for Disease Control and Prevention (CDC), More than 1 in 7, that
is 15% of US adults or 37 million people, are estimated to have CKD in the
United States. One of the late-stage resources,
Atrasentan, an oral endothelin A receptor antagonist, has shown critical
decreases in proteinuria, with its essential readout expected in Q4 2023.
Information is supposed to be
perused out in the final quarter from the pivotal ALIGN trial (NCT04573478), a double-blind,
placebo-controlled study intended to look at the efficacy and safety of
atrasentan to placebo in patients with IgAN who are in danger of moderate loss
of renal capability. According to the companies, patients who received
atrasentan experienced significant reductions in proteinuria as well as a
favorable tolerability and liver safety profile in an earlier Phase II study. Iptacopan
is being developed for several other complement-mediated diseases, including
immune thrombocytopenic purpura (ITP) and cold agglutinin disease (CAD), C3
glomerulopathy (C3G), lupus nephritis (LN), and kidney diseases C3 glomerulopathy
(C3G).
Iptacopan (LNP023), a drug
discovered at Novartis Institutes for BioMedical Research, is already in
Novartis' pipeline as an internal IgAN candidate. The Phase II AFFINITY trial
(NCT04573920), an open-label, basket study designed to evaluate the efficacy
and safety of atrasentan in patients with proteinuric glomerular disease who
are at risk of progressive loss of renal function, is also being developed for
the treatment of glomerular diseases.
According to the Chief
Scientific Officer, Novartis, “We are excited by this unique opportunity to address one
of society’s most challenging healthcare issues, with the potential to bring
additional much-needed treatment options to patients. We are pleased that
Novartis recognizes the significant value that the Chinook team has built with
our pipeline of clinical and preclinical programs for patients with rare,
severe chronic kidney diseases. We believe this transaction
is great news for kidney disease patients and the programs we have built at
Chinook.”
According to TechSci Research, Novartis acquisition is for
the development of novel therapeutics for the treatment of rare kidney
diseases. With this acquisition, Novartis will be able to expand its kidney
disease treatment portfolio. It can create an impact for other
biopharmaceutical companies such as Sanofi, AstraZeneca, and Bayer AG. It will
further enhance the research and development area of Novartis and help to
improve overall market value in the kidney disease treatment segment. Also,
this acquisition will improve Novartis position in the market and increase its
share in kidney disease. It will create a threat to other companies and increase
fragmentation in terms of share distribution.
According to a report
published by TechSci Research, “Kidney Function Tests Market - Global Industry
Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type
(Urine Tests, Blood Test, Others), By Component (Dipsticks, Reagents, Kits
& Assays, Others), By End User (Hospitals & Clinics, Diagnostic
Laboratories, Others), By Region and Competition”, Global kidney function
tests market was valued over USD 862 million in 2022 and is forecast to grow at
CAGR of 9.71% through 2028. The growth of the global market for kidney function
tests is anticipated to be supported by an increase in awareness of diagnostic
techniques for kidney function. The growing global burden of chronic kidney
disease is attributed in huge share to diabetes and high blood pressure. In the
upcoming years, rising diabetes rates will have an effect on market expansion. The International
Diabetes Atlas' tenth edition estimates that 537 million adults (20-79 years
old), or one in ten people, had diabetes in 2021. It is anticipated that this
number will increase to 643 million by 2030 and 783 million by 2045.