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Myotonic Dystrophy Drug Market Size | COVID-19 Impact Analysis | Forecast to 2028

03-23-2022 09:52 AM CET | Health & Medicine

Press release from: Orion Market Research

The global myotonic dystrophy drug market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Myotonic dystrophy is a muscular dystrophy caused by a long-term genetic mutation. It is the most common type of muscular dystrophy in adulthood, affecting roughly one out of every 8,000 people. Muscle atrophy and weakness worsen over time as a symptom. Muscles contract frequently and take a long time to relax. Some people have a relatively mild type, while others have a severe one that affects them from birth. This is owing to the condition's molecular foundation, which is caused by a dynamic mutation called a triplet repeat expansion, which occurs when three base pairs of DNA are present in varied copies numbers.

To Request a Sample of our Report on Myotonic Dystrophy Drug Market: https://www.omrglobal.com/request-sample/myotonic-dystrophy-drug-market

The primary factor propelling the growth of global myotonic dystrophy market is the introduction of novel disease therapeutics and increased R&D activities. For instance, in November 2021, Locanabio, Inc., a genetic pharmaceuticals business focused on developing therapies for patients with severe neuromuscular, neurodegenerative, and retinal illnesses, announced new preclinical data from its myotonic dystrophy type 1 (DM1) program. Locanabio scientists used their CORRECTx platform to show a dose-dependent reduction in toxic CUG foci in both DM1 patient muscle cells and a preclinical mouse model of DM1, which resulted in an alternative RNA splicing correction and a statistically significant reduction in myotonia, or muscle weakness. Further, in April 2020, Scientists from the University's Schools of Life Sciences and Chemistry have discovered that inhibiting a molecule in patients' cells called CDK12 can potentially develop a therapy to alleviate some of the symptoms and support treat this incurable condition.

Some major key players in the market include Isis Pharmaceuticals, Inc., and Lupin Ltd., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in October 2021, AOC 1001 has been granted Fast Track designation by the Food and Drug Administration (FDA) for the treatment of myotonic dystrophy type 1 (DM1). AOC 1001 is a monoclonal antibody that binds to transferrin receptor 1 and is coupled to a short interfering RNA that targets DMPK mRNA. AOC 1001 is expected to address the fundamental cause of DM1 by lowering DMPK mRNA levels in skeletal, cardiac, and smooth muscle. Data from preclinical tests back up the designation, showing that AOC 1001 successfully transported the small interfering RNA to muscle cells, resulting in dose-dependent decreases in DMPK mRNA.

Market Coverage

· The market number available for - 2021-2028

· Base year- 2021

· Forecast period- 2022-2028

Segment Covered-

· By Type

· By Application

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape- Isis Pharmaceuticals, Inc., and Lupin Ltd., among others.

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A full Report of Myotonic Dystrophy Drug MarketReceiver is Available @ https://www.omrglobal.com/industry-reports/myotonic-dystrophy-drug-market

Global Myotonic Dystrophy Drug Market Report by Segment

By Type

· Myotonic Dystrophy Type 1 (DM1)

· Myotonic Dystrophy Type 2 (DM2)

By Application

· Hospital

· Clinic

· Others

Global Myotonic Dystrophy Drug Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

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1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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