Amicus Therapeutics

Amicus Therapeutics

FOLDApproved
Philadelphia, United StatesFounded 2002amicusrx.com

Amicus Therapeutics is a pioneer in the development of novel treatments for rare metabolic diseases, particularly lysosomal storage disorders. The company has successfully commercialized Galafold for Fabry disease and is advancing a next-generation pipeline that includes enzyme replacement therapies (ERTs) like Pombiliti + Opfolda for Pompe disease and gene therapies for conditions such as CLN6 Batten disease. Their strategy combines scientific innovation in protein engineering and gene therapy with a global commercial footprint to address significant unmet medical needs.

Market Cap
$4.5B
Founded
2002
Employees
500-1000
Focus
Biotech

FOLD · Stock Price

USD 14.43+5.09 (+54.50%)

Historical price data

AI Company Overview

Amicus Therapeutics is a pioneer in the development of novel treatments for rare metabolic diseases, particularly lysosomal storage disorders. The company has successfully commercialized Galafold for Fabry disease and is advancing a next-generation pipeline that includes enzyme replacement therapies (ERTs) like Pombiliti + Opfolda for Pompe disease and gene therapies for conditions such as CLN6 Batten disease. Their strategy combines scientific innovation in protein engineering and gene therapy with a global commercial footprint to address significant unmet medical needs.

Technology Platform

Two core platforms: 1) Pharmacological chaperone technology for oral small molecule therapies that stabilize mutant enzymes, and 2) Next-generation enzyme replacement and gene therapy platforms utilizing engineered proteins and AAV vectors for targeted delivery.

Pipeline Snapshot

43

43 drugs in pipeline, 14 in Phase 3

DrugIndicationStage
migalastat hydrochloride + PlaceboFabry DiseasePhase 3
Migalastat HCl 20 mgFabry DiseasePhase 3
AT2221 + ATB200Pompe Disease (Late-onset)Phase 3
Cipaglucosidase alfa + MiglustatGlycogen Storage Disease Type II Infantile OnsetPhase 3
migalastat HCl 150 mgFabry DiseasePhase 3

Funding History

4

Total raised: $375M

Debt$225MUndisclosedJun 15, 2019
IPO$60MUndisclosedNov 16, 2007
Series B$60MFidelity InvestmentsJun 15, 2007
Series A$30MNew Enterprise AssociatesJun 15, 2005

FDA Approved Drugs

3
OPFOLDANDASep 28, 2023
POMBILITIBLASep 28, 2023
GALAFOLDNDAAug 10, 2018

Opportunities

Significant growth opportunity lies in expanding the global market share for Galafold and successfully launching the novel Pompe disease combination therapy.
The gene therapy pipeline represents a potential breakthrough in treating fatal pediatric neurological disorders, opening new, high-value therapeutic areas.

Risk Factors

Key risks include commercial competition from established enzyme therapies, potential clinical or regulatory setbacks in the gene therapy pipeline, and the ongoing need for substantial investment which may pressure profitability and require additional capital raises.

Competitive Landscape

Primary competitors are large pharma companies like Sanofi and Takeda in Fabry and Pompe disease. Amicus differentiates through its oral therapy for Fabry and its next-generation enzyme engineering for Pompe, aiming for superior efficacy and patient convenience.

Publications
20
Patents
20
Pipeline
43
FDA Approvals
3

Company Info

TypeTherapeutics
Founded2002
Employees500-1000
LocationPhiladelphia, United States
StageApproved
RevenueRevenue Generating

Trading

TickerFOLD
ExchangeNASDAQ

Therapeutic Areas

Rare DiseasesLysosomal Storage DisordersMetabolic DisordersNeurology
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