Apr. 6 at 7:51 PM
$LXRX Raymond Debbane has the foresight on Sotagliflozin, which turns out to be the biggest flop in his otherwise successful career. Exactly how big was that disaster as oppose to the other 2 SGLT drugs:
Jardiance (empagliflozin)
- Approved for T2D in Aug/14
- Approved for HFrEF in Aug/21
- Approved for HFpEF in Feb/22
- Total sales up to date:
$27B for Boehringer Ingelheim/Eli Lilly
Farxiga (dapagliflozin)
- Approved for T2D in Jan/14
- Approved for HFrEF in May/20
- Approved for HFpEF in May/23
- Total sales up to date:
$35B for AstraZeneca
Sotagliflozin (Zynquista & Inpefa)
- Partnered with Sanofi on 11/5/15
- Focus on T1D/HF due to limited runway in T2D
- Received 1st CRL for T1D on 3/22/19
- Sanofi ended agreement on 9/9/19 (notified in July/19)
- Approved for HF (Inpefa) in 5/26/23
- Received 2nd CRR for T1D on 12/2024
- Total sales up to date:
$11.8M
Again, RD has the foresight on LX9211 and LX9851, and Sotagliflozin has last chapters (HCM & T1D) to run. RD, your legacy, please make them happen!