Press release
Betahistine Market Rapidly Increasing In Size Globally (2020-2024) and Market Analysis by Mylan, Orion, TOWA Pharma, Nichi-Iko, Takeda, DOC Generici
Betahistine
Overview of Global Betahistine Market:
Betahistine, sold under the brand name Serc among others, is an anti-vertigo medication. It is commonly prescribed for balance disorders or to alleviate vertigo symptoms, e.g. those associated with Meniere's disease. It was first registered in Europe in 1970 for the treatment of Meniere's disease.
The report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency. It comprehensively evaluates the global Betahistine market with different perspectives for the purpose of providing a detailed, informative, and accurate analysis of regional growth, competition, market segmentation, and other important aspects.
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Growth in the historic period resulted from economic growth in emerging markets, the rise in awareness of the benefits and developed nations towards Betahistine costs and an increase in the number of an anti-vertigo medication.
Product Type Segmentation:
The Betahistine market have different product type such as 8mg, 25mg and Others. Betahistine market product type gives an anti-vertigo medication.
Industry Segmentation:
Increasing instances across various sectors such as Cerebral Thrombosis, Cerebral Embolism and Others are raising the need of an anti-vertigo medication, thereby raising the demand for Betahistine market. This help in the profitable growth of the Global Betahistine market in upcoming year.
Segmentation by Regions:
The Betahistine market in North America has created an anti-vertigo medication to help healthcare industries in the world. It was followed by Western Europe, China, Japan, Southeast Asia, India and Central & South America regions. Asia Pacific is expected to record higher growth rate in Betahistine Market during the forecast year.
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Top Leading Key Manufacturers are: TOWA PHARMACEUTICAL CO. LTD, Nichi-Iko Pharmaceutical, Takeda Pharmaceutical Company Limited, EA Pharma Co. Ltd., Disphar International B.V., HENNIG ARZNEIMITTEL GmbH & Co. KG, DOC Generici, Ciclum Farma Unipessoal, Mylan, Orion Corporation. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Top Industry News:
PFIZER AND BIONTECH ANNOUNCE FURTHER DETAILS ON COLLABORATION TO ACCELERATE GLOBAL COVID-19 VACCINE DEVELOPMENT ON 09 April, 2020 -- MAINZ, Germany & NEW YORK BioNTech SE, and Pfizer Inc. today disclosed additional details of their collaboration to advance candidates from BioNTech's mRNA vaccine program, previously announced on March 17, 2020.
The collaboration aims to rapidly advance multiple COVID-19 vaccine candidates into human clinical testing based on BioNTech's proprietary mRNA vaccine platforms, with the objective of ensuring rapid worldwide access to the vaccine, if approved. The collaboration will leverage Pfizer's broad expertise in vaccine research and development, regulatory capabilities, and global manufacturing and distribution network.
The two companies plan to jointly conduct clinical trials for the COVID-19 vaccine candidates initially in the United States and Europe across multiple sites. BioNTech and Pfizer intend to initiate the first clinical trials as early as the end of April 2020, assuming regulatory clearance.
During the clinical development stage, BioNTech and its partners will provide clinical supply of the vaccine from its GMP-certified mRNA manufacturing facilities in Europe. BioNTech and Pfizer will work together to scale-up manufacturing capacity at risk to provide worldwide supply in response to the pandemic. BioNTech and Pfizer will also work jointly to commercialize the vaccine worldwide (excluding China, which is already covered by BioNTech's collaboration with Fosun Pharma) upon regulatory approval.
"Combatting the COVID-19 pandemic will require unprecedented collaboration across the innovation ecosystem, with companies coming together to unite capabilities like never before," said Mikael Dolsten, Chief Scientific Officer and President, Worldwide Research, Development & Medical, Pfizer. "I am proud of Pfizer's collaboration with BioNTech and have every confidence in our ability to harness the power of science - together - to bring forth a potential vaccine that the world needs as quickly as possible."
"We have already started working with Pfizer on our COVID-19 vaccine and are pleased to announce these further details of our ongoing collaboration, which reflects both companies' strong commitment to move quickly to bring a safe and efficacious vaccine to patients worldwide," says Co-Founder and CEO of BioNTech, Ugur Sahin, M.D.
Under the terms of the agreement, Pfizer will pay BioNTech $185 million in upfront payments, including a cash payment of $72 million and an equity investment of $113 million. BioNTech is eligible to receive future milestone payments of up to $563 million for a potential total consideration of $748 million. Pfizer and BioNTech will share development costs equally. Initially, Pfizer will fund 100 percent of the development costs, and BioNTech will repay Pfizer its 50 percent share of these costs during the commercialization of the vaccine.
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Major Points in Table of Contents:
1 Betahistine Product Definition
2 Global Betahistine Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Betahistine Shipments
2.2 Global Manufacturer Betahistine Business Revenue
2.3 Global Betahistine Market Overview
3 Manufacturer Betahistine Business Introduction
3.1 TOWA PHARMACEUTICAL CO., LTD Betahistine Business Introduction
3.1.1 TOWA PHARMACEUTICAL CO., LTD Betahistine Shipments, Price, Revenue and Gross profit 2020-2024
3.1.2 TOWA PHARMACEUTICAL CO., LTD Betahistine Business Distribution by Region
3.1.3 TOWA PHARMACEUTICAL CO., LTD Interview Record
3.1.4 TOWA PHARMACEUTICAL CO., LTD Betahistine Business Profile
3.1.5 TOWA PHARMACEUTICAL CO., LTD Betahistine Product Specification
3.2 Nichi-Iko Pharmaceutical Betahistine Business Introduction
3.2.1 Nichi-Iko Pharmaceutical Betahistine Shipments, Price, Revenue and Gross profit 2020-2024
3.2.2 Nichi-Iko Pharmaceutical Betahistine Business Distribution by Region
3.2.3 Interview Record
3.2.4 Nichi-Iko Pharmaceutical Betahistine Business Overview
3.2.5 Nichi-Iko Pharmaceutical Betahistine Product Specification
3.3 Takeda Pharmaceutical Company Limited Betahistine Business Introduction
3.3.1 Takeda Pharmaceutical Company Limited Betahistine Shipments, Price, Revenue and Gross profit 2020-2024
3.3.2 Takeda Pharmaceutical Company Limited Betahistine Business Distribution by Region
3.3.3 Interview Record
3.3.4 Takeda Pharmaceutical Company Limited Betahistine Business Overview
3.3.5 Takeda Pharmaceutical Company Limited Betahistine Product Specification
3.4 EA Pharma Co., Ltd. Betahistine Business Introduction
3.5 Disphar International B.V. Betahistine Business Introduction
3.6 HENNIG ARZNEIMITTEL GmbH & Co. KG Betahistine Business Introduction
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