Lysergic Acid Diethylamide is a small molecule commercialized by Mind Medicine MindMed, with a leading Phase II program in Major Depressive Disorder. According to Globaldata, it is involved in 14 clinical trials, of which 6 were completed, 5 are ongoing, and 3 are planned. GlobalData uses proprietary data and analytics to provide a complete picture of Lysergic Acid Diethylamide’s valuation in its risk-adjusted NPV model (rNPV). Buy the model here.
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The revenue for Lysergic Acid Diethylamide is expected to reach an annual total of $472 mn by 2036 in the US based off GlobalData’s Expiry Model. The drug’s revenue forecasts along with estimated costs are used to measure the value of an investment opportunity in that drug, otherwise known as net present value (NPV). Applying the drug’s phase transition success rate to remaining R&D costs and likelihood of approval (LoA) to sales related costs provides a risk-adjusted NPV model (rNPV). The rNPV model is a more conservative valuation measure that accounts for the risk of a drug in clinical development failing to progress.
Lysergic Acid Diethylamide Overview
Lysergic acid diethylamide is under development for the treatment of anxiety disorders, cluster headaches, acute and chronic pain and psychiatric disorders such as major depression disorder, generalized anxiety disorders. It is a psychedelic drug. It is administered through oral route. The drug candidate acts by targeting 5-hydroxytryptamine receptor 2A (5HT2A). It is developed based on Zydis orally disintegrating tablet (ODT) technology.
It was under development for the treatment of attention deficit hyperactivity disorder (ADHD).
Mind Medicine MindMed Overview
Mind Medicine MindMed (MindMed) is a pharmaceutical drug development and clinical research company. The company develops medicinal products to treat brain health disorders, psychiatry, pain and substance use disorders, and related therapeutic areas. Its product offerings include psychedelic and empathogen drugs. The company offers research and development supports such as non-clinical, pre-clinical, human clinical trials and investigator-initiated trials. It also develops drugs support clinical data opportunity in autism spectrum disorders (ASD), address a critical gap in opioid use disorder (OUD) treatment. MindMed is headquartered in New York, the US.
The operating loss of the company was US$66.3 million in FY2022, compared to an operating loss of US$93.9 million in FY2021. The net loss of the company was US$56.8 million in FY2022, compared to a net loss of US$93 million in FY2021.
For a complete picture of Lysergic Acid Diethylamide’s valuation, buy the drug’s risk-adjusted NPV model (rNPV) here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
To create this model, GlobalData takes into account factors including patent law, known and projected regulatory approval processes, cash flows, drug margins and company expenses. Combining these data points with GlobalData’s world class analysis creates high value models that companies can use to help in evaluation processes for each drug or company.
The rNPV method integrates the probability of a drug reaching a clinical stage into the cash flow at that time, which provides a more accurate valuation, as it considers the probability that the drug never makes it through the clinical pathway to commercialization. GlobalData’s rNPV model uses proprietary likelihood of approval (LoA) and phase transition success rate (PTSR) data for the indication in the highest development stage, which can be found on GlobalData’s Pharmaceutical Intelligence Center.
