Amryt Pharma plc
Climate Impact & Sustainability Data (2018, 2020, 2020-07-31)
Reporting Period: 2018
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:441.38 tCO2e/year
Total Energy Consumption:1,639,966 KWh/year
Social Achievements
- Augmented senior management team to ensure adequate resources for growth and Oleogel-S10 launch.
Governance Achievements
- Established a Compliance Committee in 2019 to oversee compliance with laws, regulations, internal procedures, and industry standards.
Climate Goals & Targets
Long-term Goals:
- Continue to develop gene therapy platform (AP103) for the treatment of DEB.
- Expand rare disease product portfolio and pipeline.
Medium-term Goals:
- Complete regulatory filings and commercialize Oleogel-S10 for the treatment of severe EB.
- Leverage global infrastructure to commercialize development-stage pipeline assets.
Short-term Goals:
- Expand market opportunity for lomitapide and metreleptin by seeking approval for new indications.
Environmental Challenges
- Challenges presented by COVID-19 pandemic.
- Dependence on two products, lomitapide and metreleptin, for revenue generation.
- Competition from other biotechnology and pharmaceutical companies.
- Difficulty in obtaining and maintaining adequate coverage and reimbursement for products.
- Extensive governmental price controls and market regulations outside the US.
- Lengthy and time-consuming regulatory approval processes.
- Extensive legal and compliance obligations.
- Challenges in obtaining, maintaining, enforcing, and defending intellectual property rights.
- Potential infringement of intellectual property rights of others.
- Legal, political, and economic uncertainty surrounding Brexit.
Mitigation Strategies
- Team and business model proved resilient to COVID-19 challenges.
- Focus on continuous product development, revenue expansion, and cash generation.
- Strengthening inventory levels of metreleptin and lomitapide.
- Robust supply chain.
- Leveraging global commercial and medical infrastructure for efficient commercialization.
- Strong patent protection and regulatory exclusivity.
- Implementing and complying with settlement agreements with government agencies.
- Protecting and enforcing intellectual property rights.
- Monitoring and managing risks related to Brexit.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2020-07-31
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- COVID-19 disruptions affecting business, preclinical studies, and clinical trials.
- High incidence of delay or failure in biopharmaceutical product development.
- Uncertainty and potential negative impacts from Brexit.
Mitigation Strategies
- Closed executive offices, limited staff in manufacturing facilities, and monitored COVID-19 situation closely.
- Continued efforts to develop new products and recruit qualified research partners.
- Monitored Brexit developments and potential impacts on operations.