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Incyte

Key Facts as at 31.03.2022

Company locationUSA
Size in % of securities6.5%
Size of stake in company1.2%
Market capitalizationUSD 17.5 bn

Sector

Oncology

Main candidate

Jakafi

Main indications

Myelofibrosis

About the company

Incyte is a biotechnology company focused on the discovery and development of small-molecule drugs. Founded in 2002, the company is headquartered in the US with operations in Europe and Japan. The company´s leading drug, Jakafi, is marketed and used for the treatment of three indications: 1) Adults with myelofibrosis. 2) Adults with polycythemia vera who have already taken a medicine called hydroxyurea and it did not work well enough or they could not tolerate it. 3) Adults and children 12 years of age and older with acute graft-versus-host disease who have taken corticosteroids and they did not work well enough. Incyte is marketing Jakafi in the US and its partner, Novartis, is marketing the product under the brand name Jakavi elsewhere in the world. Incyte´s other marketed drugs include Olumiant for rheumatoid arthritis (partnered with Eli Lilly), Iclusig for chronic myeloid leukemia, Pemazyre for cholangiocarcinoma, Tabrecta for lung cancer, and Monjuvi for diffuse large B-cell lymphoma. Incyte´s pipeline includes a broad range of drug candidates within oncology, dermatology, and other disease areas.

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