NitroMed, Inc : Premium Company Profile

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Publication Date: 2007-12-17

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NitroMed is focused on the development and commercialization of products for the treatment of diseases in the area of cardiology. The company applies Nitric Oxide (NO) technology to produce NO-based compounds. The company has only one marketed product, BiDil for the treatment of heart failure in African-American.


Scope

  • Contains corporate strategy, value chain presence and SWOT Analysis
  • Provides detailed business description, segment analysis, 5-year financial trends, key products and key competitors
  • Includes information on suppliers/ partners, shareholding structure and key employees with biographies

  • Report Highlights
    NitroMed is engaged in the development and commercialization of pharmaceutical products for cardiovascular indications. The company has developed Nitric Oxide (NO) technology that provides stable and pharmaceutically elegant forms of NO to produce new NO-based compounds and extend the product lifecycle of existing medicines by adding an NO-donor.

    The company's total revenues increased at a CAGR of 86% during 2002-2006, from $1 million to $12 million. The company's major contributor to revenue growth during 2002-2006 was BiDil whose sales increased at an absolute growth of +$12 million during the period.

    NitroMed's sole contributor to sales growth out to 2010 will be the sales of BiDil. The drug is indicated for the treatment of heart failure in African-Americans. Revenues from BiDil are expected to increase at a CAGR of 63%, from $12 million in 2006 to $86 million in 2010. This represents an absolute growth of +$74 million for the same period.


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