Although some products may have a slightly different path, most novel and generic products follow a fairly standard process containing five phases, defined as: Evaluation, Feasibility, Development, Registration and Launch.

Dechra employs a structured process in its development pipeline while retaining an opportunistic and entrepreneurial approach. Focus is given to the Group's therapeutic sectors. New development opportunities and in-license opportunities are evaluated for strategic fit within these sectors; therapies outside of the key areas are considered for inclusion in the pipeline if they are novel and address medical needs in the veterinary market.

A product's return on investment can vary: novel developments tend to have a medium to long term realisation with attractive high value returns; generic developments generally have shorter time scales with returns dependent upon the number of other entrants and our speed to market relative to the competition. Dechra's current development pipeline is a mix of short, medium and long term opportunities.

Generating Ideas

The Evaluation phase begins with identifying a novel molecule, an opportunity to develop a new formulation for an existing molecule, or an in-license opportunity. Before initiating a development programme, each opportunity is assessed by market need, market value, therapeutic indications, strategic fit and the likely complexity of the regulatory pathway.

Making the Chemistry Work

The second phase of the process is Feasibility, which involves the collection of a range of preliminary data. When initiating development of a novel product, the correct dose has to be titrated and a stable formulation, that can be reliably and consistently manufactured, must be developed. For a generic product, the pioneer formulation may not meet the current regulatory requirements and may need to be reformulated. This phase is vital prior to initiating the development phase which involves expensive clinical trials or bioequivalence studies.

Entering the Development Phase

The Development phase is the longest part of the process, potentially taking two or three years. After the formulation has been demonstrated to be stable, two to three pilot batches are manufactured for use in safety studies, efficacy studies and stability testing. For generic products, the batches are used in one or more bioequivalence studies to demonstrate that activity will replicate the pioneer product. If the studies conducted during the Development phase demonstrate the required safety, efficacy and chemical stability of the product, regulatory dossiers are prepared for Registration/Filing.

From beginning to end, the development process can take between three and ten years before Launch depending on complexity and nature of the product.

3-10 years

Evaluation

Indication(s) determined

Active Pharmaceutical Ingredient (API) manufacturer selected

Manufacturing site selected (finished products)

Commerciality – is there a customer need?

Is it worth taking the development idea forward at the end

Feasibility

CAP

Novel (start from scratch)

Formulation

Dose
Titration

Preliminary Safety study

CAP

FAP

Generic (Copycat product)

Formulation

Chemistry

Drives timing needs stable formulation

Development

3

Pilot batches

Safety


Efficacy


Residues


Environmental


Risk Assessment/
Ecotoxicology


User Safety Studies

2

Pilot batches

Bioequivalence
Study/Studies or waiver

Registration

Register

Register

Companion Animal Product

Food producing Animal Product
New Formulation of products with existing maximum residue limit (MRL)

Clinical Trial Required

Laboratory Studies

Product Pipeline

A key strategic priority for the Group is the delivery and strength of the pipeline. The following chart outlines the status of the major projects. Owing to the nature of product development, the content of our pipeline will change over time as new projects progress from Evaluation to Development to market or as projects are terminated. For competitive reasons, exact project details are not disclosed.

Evaluation

CAP/Equine

FAP

Projects are not shown for the Evaluation phase as new opportunities are constantly being evaluated and will move into the Feasibility phase quickly if of interest.

Feasibility

CAP/Equine

FAP

Gastrointestinal therapy for horses

Dermatology treatment for dogs

Dermatological therapy for dogs

Endocrine therapy for horses

Cardiological therapy for dogs

Dermatological therapy for dogs

Dermatological therapy for dogs

Antibiotic for pigs and poultry

Antibiotic for pigs

Antibiotic for cattle

Poultry vaccines

Poultry vaccines

Development

CAP/Equine

FAP

Endocrine diagnostic

Dermatological therapy for dogs

Fluid therapy for cattle

Antibiotic for pigs

Poultry vaccines

Poultry vaccines

Registration

CAP/Equine

FAP

Antibiotic for dogs and cats

Dermatological therapy for dogs

Antibiotic for dogs and cats

Antibiotic for cattle

Antibiotic for pigs and poultry

Poultry vaccines

Poultry vaccines

Poultry vaccines

Poultry vaccines

Poultry vaccines

 

Evaluation

CAP/Equine

FAP

Projects are not shown for the Evaluation phase as new opportunities are constantly being evaluated and will move into the Feasibility phase quickly if of interest.

Feasibility

CAP/Equine

FAP

Gastrointestinal therapy for horses

Dermatology treatment for dogs

Dermatological therapy for dogs

Endocrine therapy for horses

Cardiological therapy for dogs

Dermatological therapy for dogs

Dermatological therapy for dogs

Antibiotic for pigs and poultry

Antibiotic for pigs

Antibiotic for cattle

Poultry vaccines

Poultry vaccines

Development

CAP/Equine

FAP

Endocrine diagnostic

Dermatological therapy for dogs

Fluid therapy for cattle

Antibiotic for pigs

Poultry vaccines

Poultry vaccines

Registration

CAP/Equine

FAP

Antibiotic for dogs and cats

Dermatological therapy for dogs

Antibiotic for dogs and cats

Antibiotic for cattle

Antibiotic for pigs and poultry

Poultry vaccines

Poultry vaccines

Poultry vaccines

Poultry vaccines

Poultry vaccines