Treat Resistant Depression (TRD)

Market for Depression

~320M

Global MDD Prevalence
18 % increase from 2005 to 20151

No. 1

burdensome illness -6%
(measured in DALY)

~$328B

US Economic Burden of MDD
(direct & indirect sosts) 2


Clear Need for New Therapeutics

33%

Treatment Resistant Depression
of Patients with MDD respond inadequately to treatment3.

~38%

Side Effects
~38% of MDD patients experience one or more side effects on SSRI use

Upto 12 Weeks

Delayed Onset of Action
12 weeks before efficacy of SSRIs manifests in MDD

Multiple Weeks

Trial and Error
Multiple weeks before right drug and dosage for patient can be decided

Esketa - mine

FDA Approvals
Esketamine-Latest Approval has-low Efficacy and very high cost and high Abuse Potential

MDD patients that do not respond to 2 lines of treatment, are classified to have Treatment Resistant Depression (TRD).
1. WHO 2020, 2. The Analysis Group 2021


Headache Disorders - Migraine Headache and Cluster Headaches

Market for Headache Disorders

~1200M

Global Migriaine Prevalence
(15 % globally)

No. 3

Among top 3 most disabling
diseases

~$17.5B

$11.5 B market by 2027


Clear Need for New Therapeutics

Long Term success of Migraine Therapeutics precluded due to -

Limited Efficacy

Limited Efficacy
30 to 35 percent do not respond to new CGRP agonists.

~38%

Side Effects
~38% of MDD patients experience one or more side effects on SSRI use.