Rigel Pharmaceuticals Inc - Company Profile

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Rigel Pharmaceuticals Inc: Overview

Rigel Pharmaceuticals Inc (Rigel) is a biotechnology company that discovers and develops innovative small-molecule drugs for patients with immune disorders, hematological disorders, cancer, and rare diseases. Its research activities focus on signaling pathways that are critical to disease mechanisms. The company’s lead product, the US FDA approved Tavalisse (fostamatinib disodium hexahydrate), is an oral spleen tyrosine kinase inhibitor to treat adult patients with chronic immune thrombocytopenia; and Rezlidhia (olutasidenib) for the treatment of adult patients with R/R AML with a susceptible IDH1 mutation. Rigel is also evaluating Fostamatinib for autoimmune hemolytic anemia and IgA nephropathy in Phase II trials. The company has partnered clinical programs with Aclaris, BerGenBio, Daiichi, AstraZeneca, Kissei, Grifols, Merck and Novartis. Rigel is headquartered in South San Francisco, California, the US.

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Headquarters United States of America

Address 611 Gateway Boulevard, Suite 900, South San Francisco, California, 94080


Telephone 1 650 6241100

No of Employees 147

Industry Pharmaceuticals and Healthcare

Ticker Symbol & Exchange RIGL (NASD)

Revenue (2022) $116.9M -2.8% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 57.2% (2022 vs 2021)

Market Cap* $210.5M

Net Profit Margin (2022) XYZ 55.9% (2022 vs 2021)

* As of and is in US$
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Rigel Pharmaceuticals Inc premium industry data and analytics

60+

Clinical Trials

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50+

Lead Sheet

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40+

Catalyst Calendar

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20+

Pipeline Drugs

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20+

Insights

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2

Sales & Consensus Forecasts

Understand the current and future drug revenue for Rigel Pharmaceuticals Inc and assess market opportunity for new entrants with patient population 8-year forecasts.

2

Regulatory Milestones

Track drug and patent expiries along with geographies impacted.

1

Marketed Drugs

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1

ICT Spend & Tech Priorities

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Products and Services

Products
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Tavalisse (fostamatinib disodium hexahydrate):
Chronic Immune Thrombocytopenic Purpura (ITP)
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In February, the company entered into an agreement to acquire the US rights to GAVRETO from Blueprint Medicines Corporation.
2023 Contracts/Agreements In December, the company entered into an agreement with The University of Texas MD Anderson Cancer Center to further investigate REZLIDHIA in acute myeloid leukemia (AML) and other hematologic malignancies.
2023 Regulatory Approval In January, the company’s REZLIDHIA (olutasidenib) has been added to National Comprehensive Cancer Network for the treatment of acute myeloid leukemia (AML).
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Competitor Comparison

Key Parameters Rigel Pharmaceuticals Inc AbbVie Inc Novartis AG Amgen Inc Gilead Sciences Inc
Headquarters United States of America United States of America Switzerland United States of America United States of America
City South San Francisco North Chicago Basel Thousand Oaks Foster City
State/Province California Illinois - California California
No. of Employees 147 50,000 76,057 26,700 18,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Gary A. Lyons Chairman Executive Board 2014 71
Raul R. Rodriguez President; Chief Executive Officer Executive Board 2014 62
Dean L. Schorno Chief Financial Officer; Executive Vice President Senior Management 2018 60
Wolfgang Dummer, MD, PhD Executive Vice President; Chief Medical Officer Senior Management 2019 57
David A. Santos Executive Vice President; Chief Commercial Officer Senior Management 2020 60
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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