Overview

Portfolio

Vernalis is a commercial stage pharmaceutical company with three marketed products; Tuzistra® XR in the US prescription cough cold market, Moxatag®, a once-a-day formulation of the antibiotic amoxicillin, also for the US prescription market, and frovatriptan an acute treatment for migraine. The Company also has four further prescription cough cold products under development with Tris and a broad pipeline of research and NCE development programmes. Our technologies and capabilities have been endorsed by collaborations with Asahi Kasei Pharma, Endo, Genentech, GSK, Lundbeck, Menarini, Novartis, Servier, Taisho and Tris.

Our business model balances risk and innovation, with the aim of creating value through our focused and disciplined three-tier strategy:

  • Building a profitable and cash-generative business by developing and commercialising low development-risk, late-stage differentiated pharmaceutical products for unmet medical needs.
  • Partnering our NCE drug candidates that are currently in development and earning milestones and royalties as partners progress them to the market.
  • Leveraging our fragment- and structure-based drug discovery expertise and proven record of success to enter into revenue generating collaborations with larger pharmaceutical companies with downstream potential to earn milestones and royalties.

The Group has two distinct parts to its business:

  1. a US commercial business with two approved products and four further products in development, focussed on the US prescription cough cold market; and
  2. UK-based drug discovery and development activities with one out-licensed marketed drug, a further eight drug candidates in development and a highly regarded and validated fragment- and structure-based drug discovery research group.

To build a self-sustaining pharmaceutical company, we must grow the US commercial business and manage our higher risk UK-based activities, investing only selectively in drug discovery and development.

Operating Model

The Group’s US commercial operations are based in Berwyn, PA and has a total headcount of around 17 employees. Additional activities are provided through our out-sourced commercial infrastructure. The Company’s 64 fragment- and structure-based drug discovery staff are based in Cambridge, UK and the remaining 26 head office and drug development staff are based in Winnersh, UK.

Business Strengths

As well as maintaining a tight, commercially-driven pipeline, Vernalis aims to leverage the key strengths of our organisation to maximum advantage. These strengths include:

  • Dynamic and experienced leadership

    Having already headed up successful drug development companies, Chief Executive Officer Ian Garland and Chief Financial Officer David Mackney are the perfect team to help Vernalis realise its potential
  • Strong cash position

    Supportive shareholder take-up of fundraising together with sales of our cough cold products Tuzistra® and Moxatag® and royalty income from our marketed product, frovatriptan, provides the cash to execute our transition into a profitable, cash generative pharmaceutical company
  • Broad and maturing pipeline

    Drug candidates in development span a range of conditions and fields, and are in varying stages of advancement
  • Highly productive quality research

    Including world-leading capabilities in fragment-based and structure-based drug discovery
  • Partner validation

    Clear endorsement over the last five years from many leading global pharmaceutical companies, including Asahi Kasei Pharma, Biogen Idec, Endo, GSK, Genentech, Lundbeck, Menarini, Novartis, Servier, Taisho and Tris

 

 

Latest News

Results Announcement for the year ended 30 June 2017

Vernalis plc (LSE: VER) today announces its audited financial results for the year ended 30 June 2017, following the year-end trading update published on 18 July 2017.

 

Read more ...

At a glance

More information on Vernalis and its pipeline ...

FactsheetNov14 Company fact sheet

Comm thumbnail Explore the pipeline ...

Contact Vernalis

T: 0118 938 0000
F: 0118 938 0001

Contact information
Maps and directions
Contact form

To report SUSPECTED ADVERSE REACTIONS, contact Vernalis Therapeutics, Inc. at 1-855-705-9546 and drugsafety@propharmagroup.com or FDA at 1-800-FDA-1088 or www.fda.gov/medwatch