CUVLNasdaqAmerican Depositary ReceiptsUS GAAP · USD

Clinuvel Pharmaceuticals Ltd

Clinuvel Pharmaceuticals Ltd is an Australia-based biopharmaceutical company focused on melanocortin peptide therapies for genetic, metabolic, and dermatological disorders. Its portfolio is anchored by SCENESSE® (afamelanotide), a prescription therapy approved in multiple markets for patients with erythropoietic protoporphyria, alongside development programs in photomedicine and vitiligo.

Liikevaihto64,3milj. USD
+5,2 %v/v
Liikevoitto (EBIT)27,9milj. USD
+5,3 %v/v
EBIT-marginaali43,4%
+0,0 %-yks.v/v
Nettotulos23,2milj. USD
+0,2 %v/v
Vapaa kassavirta11,8milj. USD
−56,3 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2025–2026

020406080milj. USD2025: 61 milj. USD2025: EBIT 27 milj. USD20252026: 64 milj. USD2026: EBIT 28 milj. USD20266428
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Commercial rare-disease therapy85 %

Approved treatment products sold for rare-disease indications, anchored by SCENESSE®.

Clinical development pipeline15 %

Programs in development targeting photomedicine and dermatology indications.

Tuotteet

Raportoitu · osuus liikevaihdosta
90,0%10,0%FY2026100 %
  • Commercial Sales of Goods90,0 %
  • Sales Under Special Access Reimbursement Programs10,0 %

Lähde: 20-F FY2026, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Clinuvel sells primarily to patients with erythropoietic protoporphyria through specialist physicians and treatment centers that administer SCENESSE®. Its development programs also target patients with dermatological and genetic disorders where melanocortin-based therapies may address unmet medical needs.

Erythropoietic protoporphyria patients

Patients receiving SCENESSE® to reduce phototoxicity and sun-related reactions.

Specialist prescribers and treatment centers

Physicians and clinics that identify eligible patients, prescribe therapy, and manage administration.

Rare-disease dermatology patients

Patients in adjacent dermatology and genetic disorder programs that may be served by future products.

Healthcare systems and payers

Reimbursement decision-makers that influence access to specialty therapies.

Strategia

Clinuvel’s strategy centers on expanding the commercial reach of SCENESSE® while advancing melanocortin-based programs in photomedicine and vitiligo. The company is also aligning its corporate and capital-markets structure with the U.S., reflecting the importance of the American market to future development and commercialization.

Grow SCENESSE® commercializationLyhyt aikaväli

The approved product is the core revenue-generating asset and anchors the business model.

Advance photomedicine and vitiligo pipelineKeskipitkä aikaväli

Additional indications can broaden the addressable market beyond EPP.

Increase U.S. operational focusLyhyt aikaväli

The U.S. market is a major commercialization and capital-markets opportunity.

Maantiede

2026

Clinuvel is headquartered in Melbourne, Australia, but its commercial footprint is international, with SCENESSE® approved in Europe, the United States, Canada, Israel, and Australia. The business is exposed to healthcare reimbursement, regulatory approvals, and specialist treatment access across these markets, while its Nasdaq listing adds a U.S. capital markets presence.

Ireland56 %
USA43 %
Other countries (US filing)0,9 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

Clinuvel’s business depends on a small number of specialty indications and on continued access to regulated healthcare markets, so adoption, reimbursement, and regulatory outcomes can materially affect growth. Development-stage programs add clinical and approval risk, while the company is also exposed to country-specific healthcare policy, treatment-center concentration, and competition from alternative rare-disease approaches.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Concentration in SCENESSE®1Clinical development uncertainty2Reimbursement and market access3Regulatory and pharmacovigilance4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Concentration in SCENESSE®Vaikutus: KorkeaTodennäköisyys: Korkea

    A large share of business depends on one approved therapy and its narrow indication.

    Kohdistuu: Commercial revenue concentration

  2. Clinical development uncertaintyVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Photomedicine and vitiligo programs may not demonstrate efficacy or gain approval.

    Kohdistuu: Pipeline programs

  3. Reimbursement and market accessVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Specialty therapies rely on payer coverage and specialist treatment access.

    KohdistuuEuropeNorth AmericaAustralia
  4. Regulatory and pharmacovigilanceVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Approved medicines remain subject to ongoing safety, labeling, and compliance oversight.

    Kohdistuu: Commercial markets

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition

Specialty drug sales can be affected by shipment timing, patient treatment cycles, and market access.

Vaikutus: Quarterly comparability and revenue timing

Development cost treatment

Clinical programs in photomedicine and vitiligo may generate significant R&D expense and judgments over capitalization.

Vaikutus: Reported earnings and asset base

Impairment testing

Pipeline assets and commercial intangibles require periodic recoverability assessments.

Vaikutus: Possible non-cash write-downs

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026