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Global Orphan Drug Market Clinical Trials Pipeline Report Market Study 2026

04-07-2020 01:48 PM CET | Health & Medicine

Press release from: PNS Pharma

"Global Orphan Drug Clinical Trials, Patent & Guidelines Insight 2026" Report Highlights:

o Global Orphan Drug Market Opportunity: US$ 300 Billion
o US Dominates Global Orphan Drug Market: 50% Market Share
o US Orphan Drug Opportunity To Surpass: US$ 150 Billion
o Global Orphan Drug Clinical Insight: More Than 900 Drugs
o Clinical Insight on Marketed Orphan Drugs: More Than 400 Drugs
o Oncology To Dominate Orphan Drug Development: 35% Share
o FDA & EMA Regulations For Orphan Drugs
o Orphan Drug Designation Criteria & Reimbursement Policy by Country

Download Report: https://www.pnspharma.com/buy-report.php?reporttitle=Global-Orphan-Drug-Clinical-Trials%2C-Patent-%26-Guidelines-Insight-2026

The orphan drugs enjoy significant competitive advantages in the market owing to the market exclusivity period after the drug has been authorized. Through this clause, the manufacturer of orphan drugs is given a monopoly status in the market because according to the law, no other company is allowed to market the orphan drugs during the exclusivity period. Additionally, this monopolistic power is further strengthened with the fact that no other alternative health technology exists for many orphan drugs.

With the marketing exclusivity in rule, the manufacturing company has an incentive to fix the price of the orphan drug at significant high levels. The payers of health care do not have significant negotiation power and are constantly under pressure from patient advocacy groups and media to accommodate new drugs. Also, these payers seldom do not have adequate and complete information about the cost structure of orphan drugs. Thus, they are, in most cases, forced to accept the price fixed by the manufacturers.

The orphan drug makers could also create a monopoly in the market by dividing a disease into many categories of sub-diseases which qualify as rare diseases. This practice is called 'disease sub-setting', 'salami-slicing' or 'disease stratification', which is another peculiar trend in the orphan drugs market. These artificial sub-sets of a common disease are created to show that there are many diseases which the company is targeting. Generally, domains like pharmacogenomics and oncology are the prime targets for creating new rare diseases.

The research report "Global Orphan Drug Clinical Trials, Patent & Guidelines Insight 2026" discusses about the recent trends and opportunities that the orphan drug market has brought into the pharmaceutical sector. The information related to the current status of the evolving market strategies and ongoing clinical studies by the companies involved in development of the orphan drugs is elaborately discussed in the report. The research report shares the information related to drugs that have been successfully designated as orphan drugs by respective approval authorities, with an exclusive insight on clinical uniqueness and patent information. In addition to the commercial information, the report brings a deep insight about the efforts that have been put to establish the market as it is now.

Contact:
Rajesh Arora
rajesh@pnspharma.com

Delhi
India

PNS Pharma is a pioneer in offering exclusive research reports for the pharmaceuticals industry. PNS Pharma offers Syndicated Research Reports on Drug Pipeline and Company Pipeline Analysis. These reports include comprehensive information related to the development of various drugs across clinical pipeline. Further, the reports include details on the originator, Owner, License, Chemical Formula, Patent Information, Phase of development, and Phase of development by country for each specific drug. The reports on company pipeline include all the drugs developed by particular companies across different therapeutic segments and phases and in different countries.

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