Press release
Drug Repurposing Market Share, Growth, Statistics, Industry Size, Development, Trend, Demand
According to a new report published by Allied Market Research, titled, "Drug Repurposing Market: Global Opportunity Analysis and Industry Forecast, 2019-2026" The global drug repurposing market experiences growth due to shorter drug development time for repurposed drugs compared to new chemical entities. In addition, advances in the computational power to process large databases has allowed cost-effective solutions to approach drug development. This further drives the growth of the market. However, limited understanding of polypharmaco logical effects of drugs and lack of trained personnel restrains the growth of the market. In contrast, increase in partnership of pharmaceutical companies among various academic research groups and startups to facilitate drug repurposing activities is anticipated to provide lucrative opportunities for the growth of the market.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ ๐๐จ๐ฎ๐๐ก๐๐ซ: https://www.alliedmarketresearch.com/request-sample/6550
Advances in computation power and field of computational biology, has brought up various opportunitiesto find new treatments for rare diseases using existing compounds. Many academic research groups and startup companies are actively partaking in drug repurposing. Many pharmaceutical companies have formed partnerships with many of these organizations to help facilitate repurposing oftheir existing products. For instance, in 2016,Sanofi S.A. (Sanofi Genzyme) signed a research agreement with Recursion Pharmaceuticals, LLC to identify new uses for Sanofi's clinical stage molecules formany genetic diseases. Likewise, Astellas Pharma Inc. also has partnered with Biovista Inc., and NuMedii, Inc. for drug repurposing.
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The drug repurposing market is segmented on the basis of therapeutic area. By therapeutic area, the market is segmented intooncology, CNS disorders, neurodegenerative diseases, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ: https://www.alliedmarketresearch.com/purchase-enquiry/6550
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ:
โข This report provides a detailed quantitative analysis of the current drug repurposing market trends and futureestimations from 2019 to 2026, which assists to identify the prevailing drug repurposing market opportunities.
โข An in-depth market analysis includes various countries, and is anticipated to provide a detailed understanding of the current trends to enable stakeholders to formulate country-specific plans.
โข A comprehensive analysis of the factors that drives and restrains the growth of the global drug repurposing market is provided.
โข Region-wise market conditions are comprehensively analyzed in this report.
โข An extensive analysis of various countries provides insights that are expected to allow companies to strategically plan their business moves.
โข Key market players within the drug repurposing market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the market.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.alliedmarketresearch.com/request-for-customization/6550
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
โข Biovista Inc.
โข Centene Corporation (Health Net LLC)
โข NuMedii Inc.
โข Recursion Pharmaceuticals Inc.
โข SOM Innovation Biotech S.L.
โข Sosei Group Corporation (SoseiHeptares)
โข Exscientia Limited
โข Healx
โข Atomwise Inc.
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Human Growth Hormone (hGH) Market: https://www.alliedmarketresearch.com/human-growth-hormone-market
Metagenomics Market: https://www.alliedmarketresearch.com/metagenomics-market
Sleep Apnea Diagnostics Market: https://www.alliedmarketresearch.com/sleep-apnea-diagnostics-market
๐๐จ๐ง๐ญ๐๐๐ญ:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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