Karyopharm Therapeutics Inc's Business Segments
Karyopharm Therapeutics Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Revenue Share by Reportable Segment - FY
- Member0%
- Product0%
- License and Other25.6%
- License and Service8.1%
- Royalty3.6%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Member | $ 68 | - |
| Product | $ 60 | - |
| License and Other | $ 9 | 25.6% |
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Revenue by Product & Service Category - FY
- Product83.2%
- License and Other16.8%
- License and Service10.8%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Product | $ 29 | 83.2% |
| License and Other | $ 6 | 16.8% |
| License and Service | $ 4 | 10.8% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Annual Results
Revenue Share by Reportable Segment - FY
- Member0%
- Product0%
- License and Other25.6%
- License and Service8.1%
- Royalty3.6%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Member | $ 68 | - |
| Product | $ 60 | - |
| License and Other | $ 9 | 25.6% |
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Revenue by Product & Service Category - FY
- License and Service2.4%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| License and Service | $ 4 | 2.4% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Karyopharm Therapeutics Inc
The company was founded in 2008 and is headquartered in Newton, Massachusetts. It has operations in Europe and Asia, with strategic partners and collaborators spanning across North America, South America, Europe, Asia, and Africa.
Karyopharm's lead product candidate is XPOVIO (selinexor), which was approved by the US FDA in 2019 for the treatment of relapsed or refractory multiple myeloma. Selinexor is a first-in-class Selective Inhibitor of Nuclear Export (SINE) compound that targets the nuclear export protein XPO1 (exportin 1), causing a buildup of tumor suppressor proteins in the nucleus of cancer cells, leading to cell death.
Apart from XPOVIO, Karyopharm has a pipeline of drug candidates in various stages of development, targeting multiple cancer indications, including acute myeloid leukemia, liposarcoma, diffuse large B-cell lymphoma, and others. The company is also exploring the potential of its technology platform for the treatment of neurodegenerative diseases, inflammation, and viral infections.
Karyopharm has established collaborations with leading academic institutions, such as the National Cancer Institute, Dana-Farber Cancer Institute, and the Memorial Sloan Kettering Cancer Center, to support the preclinical and clinical development of its drug candidates. The company has also partnered with leading pharma companies, such as Biogen, Antengene, and Ono Pharmaceutical, to expand its market reach and accelerate the commercialization of its products.
In summary, Karyopharm Therapeutics Inc. is a biopharmaceutical company that is committed to developing and commercializing innovative therapies for cancer and other diseases, based on its nuclear transport technology platform. With a growing pipeline of drug candidates, a strong scientific and clinical team, and strategic collaborations with leading institutions and pharma companies, Karyopharm is well-positioned to realize its vision of transforming cancer care and improving patient outcomes.
Segments:
1. Oncology:
The oncology segment is a cornerstone of Karyopharms portfolio, concentrating on therapies that target various types of cancer. At the forefront of this segment is selinexor, a groundbreaking oral selective inhibitor of nuclear export (SINE). This compound is designed to disrupt the nuclear export process, which is often exploited by cancer cells to evade regulatory mechanisms that would normally curtail their growth and survival. Selinexor is chiefly undergoing clinical evaluations for:
- Multiple Myeloma: An incurable cancer characterized by the proliferation of malignant plasma cells in the bone marrow.
- Diffuse Large B-Cell Lymphoma (DLBCL): This aggressive form of non-Hodgkin lymphoma requires novel treatment approaches as standard therapies often fail in relapse scenarios.
Karyopharm is also exploring additional SINE compounds aimed at addressing various solid tumors, potentially broadening the oncological applications of their therapeutic platform.
2. Hematology:
Karyopharm’s hematology segment is focused on developing treatments for blood disorders, specifically targeting malignancies that affect the hematological system. They are conducting evaluations of selinexor for:
- Acute Myeloid Leukemia (AML): A fast-progressing hematological cancer that typically necessitates intensive and complex treatment strategies.
- Other hematologic malignancies, where SINE inhibitors may show promising results through their ability to restore normal apoptotic pathways and disrupt cancer cell survival mechanisms.
Products:
1. Selinexor:
Selinexor is Karyopharm’s flagship product and serves as a representative innovation in the field of oncology therapeutics. As a first-in-class agent, it inhibits the nuclear export of tumor suppressor proteins and pro-apoptotic factors, significantly enhancing the anti-cancer response.
Selinexor’s versatility is evident in its investigation across:
- Multiple Myeloma: Approved in certain settings and undergoing further studies to optimize treatment regimens.
- DLBCL and AML: Actively being tested in clinical trials, showing promise for patients who have exhausted standard treatment options.
- Additionally, ongoing research aims to expand its indications into other hematologic and solid tumors.
Services:
1. Clinical Trials:
Karyopharm Therapeutics places a strong emphasis on conducting robust clinical trials designed to evaluate the safety, efficacy, and optimal use of their investigational therapies. They provide:
- Patient Screening and Enrollment: Ensuring that the right patient populations are selected for their trials.
- Logistics Management: Coordinating the various components needed for successful trial execution, from site visits to data collection.
- Patient Education: Informing participants about trial protocols, potential benefits, and possible side effects to enhance understanding and compliance.
2. Education and Awareness:
The company is committed to fostering education and awareness regarding the diseases they target and the innovative therapies in development. They provide:
- Information Dissemination: Sharing details about upcoming clinical trials and treatment options with patients, caregivers, and healthcare professionals.
- Disease Management Strategies: Offering guidance on managing symptoms and navigating the complex landscape of cancer care.
3. Patient Support:
Recognizing the emotional and physical toll that diseases such as cancer impose, Karyopharm offers extensive patient support services, including:
- Counseling and Consultation: Providing access to healthcare professionals who can assist patients in understanding their treatment choices and managing side effects.
- Logistical Assistance: Helping patients organize travel to clinical trial sites, secure financial support, or navigate insurance challenges.
- Support for Caregivers and Families: Offering resources and support services to those caring for patients, recognizing the communal aspect of battling serious illness.
Through its focused approach on oncology and hematology, Karyopharm Therapeutics aims to unlock new potential in cancer treatment, offering hope and effective solutions for patients facing challenging diagnoses.
