Press release
Vitamin B12 (Cobalamin, Cyanocobalamin) Market Forecast 2021-2026 by Top Companies: Teva, Merck, Mylan, Bayer, Pfizer
Vitamin B12 (Cobalamin, Cyanocobalamin)
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Cyanocobalamin is a manufactured form of vitamin B ₁₂ used to treat vitamin B12 deficiency. The deficiency may occur in pernicious anemia, following surgical removal of the stomach, with fish tapeworm, or due to bowel cancer. It is less preferred than hydroxocobalamin for treating vitamin B12 deficiency. Cyanocobalamin is a man-made form of vitamin B12 used to prevent and treat low blood levels of this vitamin. Most people get enough vitamin B12 from their diet.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Pandemic impact on the Global Vitamin B12 (Cobalamin, Cyanocobalamin) Market:
1 The Vitamin B12 (Cobalamin, Cyanocobalamin) industry experienced decline in sector during the COVID-19 pandemic. This is attributed to the sharp decrease in chemical, pharmaceutical, automotive, and industrial sectors.
2 Manufacturing companies has prolonged closure of all its operations at its workplaces and manufacturing areas, until reopening instructions received from the government authorities.
3 In addition, due to reduction in labours in light of social distancing norms amid the COVID-19 pandemic, the Vitamin B12 (Cobalamin, Cyanocobalamin) industry witnessed significant decrease in the production.
4 At the end of 2019, COVID-19 began to erupt in China, Due to the huge decrease of global economy; we forecast the growth rate of global economy will show a decrease of about 4%, due to this reason, Vitamin B12 (Cobalamin, Cyanocobalamin) market size in 2020 will be lower than in previous years.
Purchase this report online with 90 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Vitamin B12 (Cobalamin, Cyanocobalamin) Market Report 2021” @ https://www.businessindustryreports.com/buy-now/291053/single .
Vitamin B12 (Cobalamin, Cyanocobalamin) Market Players:
Luitpold Pharmaceuticals
Luitpold Pharmaceuticals (Daiichi Sankyo)
Endo International
Bristol-Myers Squibb
Sanofi-Aventis
Jamieson
Teva (Actavis)
Merck
Mylan
Bayer HealthCare
Pfizer
ANGELINI
Biological E
CCEPCD
Huaxin Pharmaceutical
Product Type Segmentation:
Cyanocobalamin Injection
Cyanocobalamin Oral
Cyanocobalamin Spray
Industry Segmentation:
Hospitals
Clinics
Segmentation by Regions:
The research report includes a detailed study of regions of North America, Europe, China and Japan. The report has been given after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2021 to 2026.
Grab Your Report at an Impressive Discount @ https://www.businessindustryreports.com/check-discount/291053 .
Top Industry News:
Teva Announces Launch of First Generic Version of AZOPT (brinzolamide ophthalmic suspension) 1%, used to treat high pressure inside the eye, in the United States on 08 March, 2021 -- Teva Pharmaceuticals USA, Inc., a U.S. affiliate of Teva Pharmaceutical Industries Ltd, today announced its launch of the first available generic version of AZOPT (brinzolamide ophthalmic suspension) 1%, approved by the US Food and Drug Administration to treat high pressure inside the eye due to ocular hypertension and open-angle glaucoma. Brinzolamide ophthalmic suspension 1% works by decreasing the amount of fluid within the eye.
“This first-to-market generic version of AZOPT (brinzolamide ophthalmic suspension) 1% in the U.S. provides patients with another important treatment option,” said Christine Baeder, SVP, Chief Operating Officer US Generics, Teva USA. “Continuing to pursue much-needed generic drugs is critical to ensuring access to quality medicines to everyone who needs them.”
With nearly 550 generic medicines available, Teva has the largest portfolio of FDA-approved generic products on the market and holds the leading position in first-to-file opportunities, with approximately 100 pending first-to-files in the U.S. Currently, one in ten generic prescriptions dispensed in the U.S. is filled with a Teva generic product.
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