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Chronic Kidney Disease: A $12.4Bn market on the rise

By | What's the deal | No Comments

Chronic Kidney Disease (CKD) is currently the 6th fastest growing cause of deaths worldwide, where every year at least 2.4 million lives fall victim of the disease. In light of 2019’s World Kidney Day on 14th March, we decided to take a look into this under diagnosed disease that has caught the attention of biotech start-ups and Big Pharma alike due to its growing market value, million dollar deals and increasing prevalence.

CKD is an insidious disease characterized by the gradual loss of kidney function over time and symptoms that only appear once the kidney’s function has already been significantly impaired. If not treated properly, CKD will progress to end-stage renal disease (ESRD), i.e. kidney failure, also known as CKD stage 5. At this stage, the only two options for survival available today is dialysis or kidney transplantation.

Rapidly growing prevalence and causes

Globally, 11-13% of adults are estimated to have CKD and, in the EU, 1 in 3 adults are estimated to be at risk of the disease. The most common causes of the disease is diabetes and high blood pressure (hypertension), but other factors, such as age, autoimmune or genetic diseases, extended use of painkillers and obesity also increases the risk of obtaining CKD.

A changing development pipeline

Right now, 88% of the marketed drugs in the CKD field are focused solely on treating the serious comorbidity of CKD, anemia, i.e. the loss of red blood cells. The development pipeline in the CKD space, however, is now shifting. Looking at candidates in Phase 2 and 3, 22 candidates out of 30 are aimed at treating either CKD or ESRD not a side effect. With today’s limited treatment options, the only choice is waiting for a kidney transplant, which in the U.S. takes an average of five years according to a national patient group, and until then, the patient is completely dependent on dialysis. The average life expectancy on dialysis is five to ten years. We’re afraid not a very bright outlook, making the possibility to provide a difference to these patients huge.

This surely demonstrates a serious interest from several big players in this under diagnosed, but growing $12.4Bn market.

Big interest from Big Pharma

For drug developers targeting CKD, it might be very interesting to know that over the last three years, deals with a total value of $1.6Bn has been struck in the field. To add to the case, several Big Pharma companies have expressed their interest in the field. AstraZeneca and Baxter are both global supporters of World kidney day and conduct research within the field. AstraZeneca describes CKD as one of their focus areas and is currently involved in the development of four drug candidates, of which two of these candidates are targeting CKD specifically. Baxter is instead focused on tools for dialysis that can improve outcomes for patients. Additionally, both Bayer and Eli Lilly have Phase 1 candidates for CKD in development. This surely demonstrates a serious interest from several big players in this under diagnosed, but growing $12.4Bn market.

The number of patients suffering from CKD is increasing every year, especially in western countries due to increasing prevalence of the risk factors, such as age, diabetes and obesity. Fortunately, the field and its patients has managed to catch the interest of pharma and biotech companies alike, motivating million-dollar deals with the potential of revolutionizing the way the disease is treated and perceived.

Team profile: Paula Salme Sandrak

By | Business Development, Company update | No Comments

From Tartu in Estonia via Stockholm, London and Berlin to us in Gothenburg. Over the past couple of years, Paula has toured Europe to build her skillset within the life science space. We’re fortunate that Sweden charmed her and have since January gladly been calling her our colleague. For this team profile, we asked her to introduce herself and tell our readers a little bit about her experience.

My name is Paula and I’m a biobusiness nut with a background in gene technology and bioentrepreneurship. My journey in the life science field started out with hard sciences and hands-on lab work during my bachelor’s degree in gene technology at the University of Tartu in Estonia. Although I am truly grateful for the lessons I learned about the depths of biology, I realized that I wanted to understand and help the field of sciences from an angle that supports the sustainability and commercialization of life-changing inventions, rather than through lab research. Thus, in 2016, I enrolled into Karolinska Institutet’s bioentrepreneurship program in Stockholm.

During, and after graduating from the bioentrepreneurship program, I’ve worked for biopharma, market access consulting, and digital health companies in Sweden, the UK and Germany. This has provided me with a range of insights that have been invaluable in understanding the different players, opportunities and dynamics of the life science industry. One key takeaway is that there is no place for isolation when you’re chasing big, positive outcomes and that the entire industry relies on worldwide collaboration. International partnerships are complex but also exciting and I love facilitating such collaboration through integrating solid figures and well-positioned texts into decision-making material. So, let’s crunch, laugh, and make it happen.

“International partnerships are complex but also exciting and I love facilitating such collaboration through integrating solid figures and well-positioned texts into decision-making material.”

My most recent work experience was in medical strategy and business development in Berlin, but when MSC advertised an opening I was eager to apply. While MSC is far from being a dinosaur in its field, MSC has become a key business supporter for a number of Nordic biotech companies in a relatively short time. Such performance is impressive. It was also said that the team behind the company is diligent, full of energy, fun to work with, and, in the most positive way, super competitive. This made me feel that I would fit right in. Moreover, being the biotech geek that I am, I was excited by the fact that most of the company’s clients are active within this field. Finally, I love the fact that MSC is, by large, working with new players and emerging technologies. I find it super exciting to support companies that are in the greatest need of business-related help, so their innovative solutions could actually make a difference one day.

Two months in, I’m already working hands on with client material and am as enthusiastic as ever to be here. Going forward, I’m truly looking forward to be working together with numerous ambitious pharma and biotech companies and assisting our clients in achieving their clinical and business milestones, thus taking us all closer to solving great unmet healthcare needs.

Kind wishes,
Paula Salme