Biotest Forecasts US Sales of Yimmugo of 936 Million Over the Next 7 Years

Biotest, a company of the Grifols group, expects revenues of approximately one billion dollars (930.4 million euros) from sales in the United States of its intravenous immunoglobulin (Ig) Yimmugo over the next seven years, the blood derivatives company announced in a statement on Monday. Grifols shares rose by almost 1.3% on the stock market at around 1 p.m., reaching almost eight euros .

This forecast is part of the recent approval by the US Food and Drug Administration (FDA) of this drug to treat primary immunodeficiencies. The Catalan company recalls that Yimmugo is the first Biotest drug produced at the Next Level plant in Dreieich (Germany) to be marketed in the United States .

In this context, this plant has recently been certified by the FDA and already has approval for production and marketing in Europe, where Yimmugo has been sold since the end of 2022.

Yimmugo will be launched in the United States during the first quarter of 2025 and will be distributed by Kedrion thanks to a seven-year agreement with Biotest, which is part of the Grifols Group’s broad distribution strategy to ensure extensive reach and availability of its Ig therapies. He also recalled that the Grifols Group and Kedrion have a long-standing collaborative relationship .

Grifols considered Yimmugo a “key lever” for growth in the US market

With Yimmugo, the group’s US portfolio will have an “additional option” to address the growing demand for Ig to treat immunodeficiencies, which occur when a part of the body’s immune system is absent or does not function properly, and other diseases.

Grifols Biopharmaceutical Business Unit President Roland Wandeler said ensuring patients receive the best possible care is at the “core” of their mission. “Our distribution strategy will allow us to take full advantage of the availability of Grifols’ world-class intravenous and subcutaneous immunoglobulins across the United States, offering patients a broad range of effective treatments,” he added.

Following the launch of Yimmugo, considered a “key lever” in Grifols’ growth strategy in the United States, other proteins from the group will follow in this market, such as fibrinogen and trimodulin , both in an “advanced” phase of development.

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(Featured image by Marek Studzinsky via Unsplash)

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