Chenodeoxycholic acid Market Displays Future Growth of Leading Manufacturers (Daewoong, Bruschettini, Suzhou Tianlu, Zhongshan Belling, Tianjin NWS, Pharmazell, Haihang) during 2020-2025
Global Chenodeoxycholic acid Market overview:
Chenodeoxycholic acid is a bile acid naturally found in the body. It works by dissolving the cholesterol that makes gallstones and inhibiting production of cholesterol in the liver and absorption in the intestines, which helps to decrease the formation of gallstones. The Global Chenodeoxycholic acid Market is segmented on the basis of Product Type, Application, End Use Industry and Region. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.
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On the Basis of Product Type segment, the Chenodeoxycholic acid Market is sub segmented into Folding Ethanol Crystallization Method, Folding Ethyl Acetate Separation Method and Folding Animal Extraction. Based on End Use Industry segment, the Chenodeoxycholic acid Market is segmented as Organic Acid, Emulsifier, Medicine and Detergents.
There are several manufacturers of Chenodeoxycholic acid in Europe and North America. In North America, the demand for Chenodeoxycholic acid is primarily driven by the Healthcare sector. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India.
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Top Industry News:
Daewoong Pharmaceutical obtains approval for phase 1 clinical trials of COVID-19 drug niclosamide for patients in the Philippines on 16 September, 2020 -- Daewoong Pharmaceutical (Daewoong) (CEO Sengho Jeon) is in full swing to develop the global treatment for COVID-19 through a series of overseas approvals for clinical trials of DWRX2003 (niclosamide).
Daewoong obtained approval for phase 1 clinical trials of the COVID-19 drug DWRX2003 (niclosamide) from the Food and Drug Administration (FDA) of the Philippines on the 4th. This is the second overseas approval of clinical trials for niclosamide following the previous phase 1 approval in India.
The phase 1 clinical trials in the Philippines will begin in September for 40 patients with COVID-19. The focus will be on verifying early indicators of drug effectiveness, including safety, drug tolerance, and effectiveness of DWRX2003.
The Philippines is one of the countries with the largest number of confirmed COVID-19 cases in Southeast Asia. Daewoong leveraged the ability of its local corporation in obtaining approval for development to reduce the review period for clinical trials from 4 to 2 months, thereby receiving an exceptionally rapid approval. After completing phase 1 clinical trials, phase 2 trials will be carried out, and once the results are obtained, the company will rapidly seek to obtain local emergency authorization, while, at the same time, applying for the approval for phase 3 clinical trials.
DWRX2003 has a mechanism that suppresses viral growth by activating the self-propelled behavior of cells. The company has already conducted in vivo efficacy tests on animals to confirm the effects of reduced viral potency in nasal discharge and lung tissue after COVID-19 infection.
CEO Sengho Jeon at Daewoong, said, “Daewoong is in full swing with overseas clinical trials of its products, such as niclosamide and camostat, that are currently under development as global drugs for treating COVID-19,” and “As the Philippines is one of the countries with the largest number of confirmed cases in Southeast Asia, we will add fresh fuel to the development for the suffering people of the Philippines, and furthermore, we will focus our capabilities to ensure that the drug becomes rapidly available in the surrounding countries in Southeast Asia once the development of DWRX2003 is complete.
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Major Key Players:
Some of the Chenodeoxycholic acid Market manufacturers involved in the market are Daewoong, Bruschettini, Suzhou Tianlu Bio-Pharmaceutical, Zhongshan Belling Biotechnology, Tianjin NWS Biotechnology and Medicine, Shaanxi Top Pharm Chemical, Pharmazell, Haihang Industry in World, effective mergers are some of the strategies adopted by the Chenodeoxycholic acid Market manufacturers. New product launches and continuous technological innovations are the Chenodeoxycholic acid Market strategies adopted by the major players.
Table of Contents:
1 Chenodeoxycholic acid Product Definition
2 Global Chenodeoxycholic acid Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Chenodeoxycholic acid Shipments
2.2 Global Manufacturer Chenodeoxycholic acid Business Revenue
2.3 Global Chenodeoxycholic acid Market Overview
3 Manufacturer Chenodeoxycholic acid Business Introduction
3.1 Daewoong Chenodeoxycholic acid Business Introduction
3.1.1 Daewoong Chenodeoxycholic acid Shipments, Price, Revenue and Gross profit 2020-2025
3.1.2 Daewoong Chenodeoxycholic acid Business Distribution by Region
3.1.3 Daewoong Interview Record
3.1.4 Daewoong Chenodeoxycholic acid Business Profile
3.1.5 Daewoong Chenodeoxycholic acid Product Specification
3.2 Bruschettini Chenodeoxycholic acid Business Introduction
3.2.1 Bruschettini Chenodeoxycholic acid Shipments, Price, Revenue and Gross profit 2020-2025
3.2.2 Bruschettini Chenodeoxycholic acid Business Distribution by Region
3.2.3 Interview Record
3.2.4 Bruschettini Chenodeoxycholic acid Business Overview
3.2.5 Bruschettini Chenodeoxycholic acid Product Specification
3.3 Suzhou Tianlu Bio-Pharmaceutical Chenodeoxycholic acid Business Introduction
3.3.1 Suzhou Tianlu Bio-Pharmaceutical Chenodeoxycholic acid Shipments, Price, Revenue and Gross profit 2020-2025
3.3.2 Suzhou Tianlu Bio-Pharmaceutical Chenodeoxycholic acid Business Distribution by Region
3.3.3 Interview Record
3.3.4 Suzhou Tianlu Bio-Pharmaceutical Chenodeoxycholic acid Business Overview
3.3.5 Suzhou Tianlu Bio-Pharmaceutical Chenodeoxycholic acid Product Specification
3.4 Zhongshan Belling Biotechnology Chenodeoxycholic acid Business Introduction
3.5 Tianjin NWS Biotechnology and Medicine Chenodeoxycholic acid Business Introduction
3.6 Shaanxi Top Pharm Chemical Chenodeoxycholic acid Business Introduction
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