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Special Report                                                                                                                                                                   Special Report



       Bio/Pharma watchlist: Small-molecule drugs


           pecialty small-molecule drugs    Within small molecules, specialty
           are growing more than twice as  small-molecule drugs  are  growing   PATRICIA VAN ARNUM
       Sfast as those of traditional small-  more than twice as fast as those of tradi-  Editorial Director, DCAT
       molecule drugs. What are some key  tional  small-molecule  drugs.  However,
       drugs contributing to this growth?  traditional small-molecule drugs  still  69% of new drug approvals (Figure 2).
                                         dominate  the  small-molecule sector,  The percentage of small-molecule
       Market share and growth rates of   accounting for 71% of small-molecule  approvals in 2023  was  in line with
       small-molecule drugs              drugs in 2023. Specialty  medicines,  recent years, except in 2022, which repre-
          In looking at market  share and  as  defi ned  by  the  IQVIA,  are  those  sented a recent low. In 2022, 59% of the
       growth rates on a modality basis, small-  medicines  that  treat  specifi c,  complex  new drug approvals by FDA’s CDER
       molecules drugs versus biologics, there  diseases with four or more of the fol-  were small molecules or 22 of the 37           Fig. 2: Percentage of new drug approvals by the CDER that were small molecules, 2019-2023
       is a mixed story for small-molecule  lowing  attributes:  initiated  only by a  new drug approvals. Between 2018 and   Source: CDER
       drugs. Although  small-molecules  still  specialist; administered by a practitio-  2021,  small molecules averaged 74%   small molecules’ share of new drug  mechanism  of action than existing   sclerosis (ALS, i.e., Lou Gehrig’s
       account for the largest market share in  ner;  requires  special handling; unique  of new drug approvals. In 2021, small   approvals in 2022 was largely due to the  drugs.          disease);
       2023 globally, biologics are growing  distribution; high cost; warrants inten-  molecules  represented 72% of new   overall decline in new drug approvals                         5.  GlaxoSmithKline’s   Jesduvroq
       more than three times faster, accord-  sive patient care; or requires reimburse-  drug approvals, 75% in 2020, and 79%   in 2022 and a corresponding decline   In 2023, FDA’s CDER approved 20   (daprodustat) for treating anaemia
       ing to information from IQVIA (1). In  ment assistance.            in 2019.                                   in small-molecule drug approvals and  new drugs that it characterized as fi rst-  due to chronic kidney disease;
       2023, small-molecules drugs accounted                                                                         a rise in new biologic drug approvals.  in-class, which  represented approxi-  6.  Novartis’  Fabhalta  (iptacopan) for
       for $785-bn (58% of the market) and  Small-molecule new drug approvals  The 69% of new drug approvals         In 2022, FDA’s CDER approved  22  mately 36% of new drug approvals. Of   treating paroxysmal nocturnal haemo-
       biologics $559-bn (42% of the market)   In  2023,  the  US Food and  Drug  being small molecules in 2023 was an   new small-molecule drugs and 15 new  these 20 fi rst-in-class new drug appro-  globinuria, a rare blood disorder;
       compared to a 69% share for small-  Administration’s Center for Drug Evalu-  improvement over 2022 levels, which   biologics. The 17 new biologics appro-  vals, 17 were small  molecules, repre-  7.  Novo Nordisk’s Rivfl oza (nedosiran)
       molecules and a 31% market share for  ation and Research (CDER) approved 38  represented a recent low in small-mole-  vals in 2023 surpassed 2022 levels and  senting 85% of fi rst-in-class new drug   for treating primary hyperoxaluria, a
       biologics in 2018 (Figure 1).     small-molecule  products,  representing  cule drug  approvals.  The decrease in   matched  a recent high in 2018, when  approvals in 2023 by FDA’s CDER. Of   rare condition characterized by recur-
                                                                                                                     17 new biologics were also approved  these  17  fi rst-in-class,  small-molecule   rent kidney and bladder stones; and
                                                                                                                     by FDA’s CDER. The 17 new biologic  new drug approvals in 2023, eight were  8.  Pfi zer’s Paxlovid (nirmatrelvir tab-
                                                                                                                     drug  approvals in 2023  far exceeded  from  large  to  mid-sized  bio/pharma   lets; ritonavir tablets, co-packaged)
                                                                                                                     approvals of new therapeutic biologics  companies. These eight drugs were:  for treating COVID-19.
                                                                                                                     by FDA’s CDER of 14 in 2021, 13 in  1.  Astellas’  Veozah  (fezolinetant)  for
                                                                                                                     2020, and 10 in 2019.                reducing moderate-to-severe vaso-  Although small-molecule drugs
                                                                                                                                                          motor symptoms due to menopause;  were well  represented  with 85% of
                                                                                                                     Product innovation: small-molecules   2.  AstraZeneca’s  Truqap (capivasertib)  the  fi rst-in-class  new  drug  approvals
                                                                                                                     and fi rst-in-class drugs             for treating advanced  HR-positive  in 2023, more than half of these drugs
                                                                                                                        Aside from just the overall number   breast cancer;              were for niche indications.  Of  the 17
                                                                                                                     of new drug approvals, product innova-  3.  Bausch and Lomb’s  Miebo (per-  small-molecule first-in-class drug
                                                                                                                     tion can also be evaluated by the num-  fl uorohexyloctane ophthalmic solu-  approvals in 2023, nine, or 53%, were for
                                                                                                                     ber of new drug approvals classifi ed as   tion) for treating dry-eye disease;  treating orphan/rare diseases, defi ned as
                                                                                                                     “fi rst-in-class,”  which  FDA’s  CDER  4.  Biogen’s  Qalsody (tofersen)  a disease affecting 200,000 individuals
                                                                                                                     characterizes  as  drugs  with  a  different   for  treating amyotrophic lateral  or less in the US.

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       Source: IQVIA Institute, Global Use of Medicines 2024: Outlook to 2028; IQVIA MIDAS Q4 2023

       176                                                                 Chemical Weekly  November 26, 2024        Chemical Weekly  November 26, 2024                                                              177


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