Pharming Group

Pharming Group

PHAR
Is this your company? Claim your profile to update info and connect with investors.
Claim profile

PHAR · Stock Price

USD 12.00+1.97 (+19.64%)
Market Cap: $909.7M

Historical price data

Overview

Pharming Group is a commercial-stage biopharmaceutical company dedicated to serving the unserved rare disease patient. Its strategy is built on a proven operational framework for rare disease drug development, regulatory strategy, and commercialization, currently anchored by its flagship product, Joenja® (leniolisib), for Activated PI3K Delta Syndrome (APDS). The company is executing on a dual-track strategy of maximizing its existing portfolio while advancing a promising pipeline, including a pivotal-stage program in primary mitochondrial diseases, to drive sustainable long-term growth.

Rare DiseasesPrimary ImmunodeficienciesMitochondrial Diseases

Technology Platform

A specialized operational and strategic framework optimized for rare disease therapeutics, encompassing clinical development for small populations, orphan drug regulatory strategy, and targeted commercialization.

Pipeline

3
3 drugs in pipeline2 in Phase 3
DrugIndicationStageWatch
LeniolisibAPDSPhase 3
LeniolisibAPDSPhase 3
LeniolisibPIDs Linked to PI3KPhase 2

Funding History

2
Total raised:$25M
Debt$25M
IPOUndisclosed

FDA Approved Drugs

1
JOENJANDAMar 24, 2023

Opportunities

Significant opportunities exist in geographic expansion for Joenja®, label expansion into pediatric populations and other PIDs, and the potentially large market for a successful therapy in primary mitochondrial diseases.
Strategic business development could further diversify the portfolio.

Risk Factors

Key risks include heavy reliance on Joenja® commercial success, high clinical failure risk in the mitochondrial disease program, potential future competition, and challenges in executing value-accretive business development deals.

Competitive Landscape

Pharming holds a first-mover, monopolistic position in APDS with Joenja®. In its pipeline areas, it faces intense competition, particularly in the challenging field of mitochondrial diseases, where it must demonstrate clear efficacy to succeed against numerous other approaches.