Incyte
↗Wilmington, Delaware, USA
Incyte is a global biopharmaceutical company focused on the discovery, development, and commercialization of proprietary therapeutics. The company is a leader in the field of JAK inhibition and has built a robust portfolio in Oncology, Hematology, and Inflammation & Autoimmunity (IAI). Incyte is best known for its flagship product, Jakafi (ruxolitinib), which was the first FDA-approved JAK inhibitor.
Headquartered in Wilmington, Delaware, with significant operations in Switzerland and Japan, Incyte maintains a high-science culture with a heavy reinvestment in R&D. Their strategy involves both internal discovery and strategic acquisitions to expand their pipeline in dermatology and rare diseases, recently highlighted by the commercial success of Opzelura (ruxolitinib cream).
CLASSIFICATION
Company Type:Biotech
Therapeutic Areas:
Industry:Biotechnology
Sub-Industry:Oncology and Autoimmune Therapeutics
SIZE & FINANCIALS
Employees:1001-5000
Revenue:$3.7B (2023)
Founded:1991
Ownership:public
Status:operating
FUNDING
Stage:Post-IPO
Total Raised:N/A (Publicly Traded)
Investors:Vanguard Group, BlackRock, State Street Global Advisors, Baker Brothers Advisors
STOCK
Exchange:NASDAQ
Ticker:INCY
Market Cap:$16.8B
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial (Jakafi, Opzelura, Pemazyre, Monjuvi)
Modalities:Small molecule, Monoclonal antibody (mAb), Bispecific antibody, Topical cream
Active Trials:85
Trial Phases:Phase 1: 32 | Phase 2: 38 | Phase 3: 15
FDA Approvals:6
EMA Approvals:5
CORPORATE STRUCTURE
Subsidiaries:Incyte Biosciences International Sàrl, Escient Pharmaceuticals
Key Partnerships:Novartis (Ex-US rights for Jakafi), Eli Lilly (Olumiant/Baricitinib), MorphoSys (Monjuvi/Tafasitamab), Syros Pharmaceuticals, Merck (Keytruda combinations)
COMPETITION
Position:Leader
Competitors:Bristol Myers Squibb, AbbVie, Pfizer, Gilead Sciences, Regeneron
LEADERSHIP
Key Executives:
Hervé Hoppenot - CEO & Chairman
Pablo J. Cagnoni - President and Head of R&D
Scientific Founders:Richard Levy, James Caulfield
Board Members:Hervé Hoppenot, Julian Baker, Jean-Jacques Bienaimé, Wendy Dixon
LINKS
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