ALK-Abello AS - Company Profile
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Business Description
ALK-Abello AS (ALK), a subsidiary of The Lundbeck Foundation, discovers and develops drugs targeting the cause of allergies. The company carries out its operations through a single business segment: Allergy treatment.
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R&D Overview
ALK’s research and development (R&D) team focuses on the development of new, evidence-based SLIT tablets. The company’s tablet-based vaccine pipeline covers five major respiratory allergies: grass pollen, tree pollen, ragweed pollen, house dust mites, and Japanese cedar. The product pipeline of the company includes HDM SLIT tablet, Peanut SLIT-tablet (North America and Europe), Tree SLIT tablet (Europe), and Japanese cedar SLIT tablet. ALK focuses on two pediatric trials for ACARIZAX/ODACTRA in Europe and the US for allergic rhinitis and allergic asthma. ALK focuses on developing new, mainstream treatments for food allergy. In FY2023, the company spent DKK618 million on R&D, which as a percentage of revenue stood at 12.8%.
Product Categories
Overview
Other products of the company include allergy emergency treatment and allergy diagnostics. Major product is Jext, an adrenaline auto-injector (AAI).
Performance
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Overview
SCIT is an injection-based allergy vaccine. It prevents respiratory allergies from grass and tree pollen, house dust mites, and animal dander. It also acts as a preventer of severe allergic reactions due to insect stings. It offers these products in Europe and North America. SLIT drops are administered as droplets under the tongue. It offers this product in France.
Performance
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Overview
ALK’s tablet for grass allergy is commercialized in Europe under the trade name Grazax, and in North America under the trade name Grastek. Ragwitek for ragweed allergic rhinitis, is available in North America. Its other products include Miticure for house dust mite allergic rhinitis in Japan; Odactra in the US; and Acarizax for house dust mite allergic rhinitis and allergic asthma in Europe.
Performance
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Geographical Segments
Target Markets
Comprises the EU, Switzerland, and Norway.
Performance
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Target Markets
Comprises Japan, China, and other countries.
Performance
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Target Markets
Comprises Canada and the USA.
Performance
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