Press release
Pediatric Epilepsy Therapeutics Market Projected to Gain Significant Value by 2024
Continues rise in various neurological disorders among children’s is the primary factor contributing towards growth of pediatric epilepsy therapeutics market over the forecast period. Also growing efforts to develop AED’s with novel mechanism of action is expected to shift the treatment pattern. For example, Biscayne Pharmaceuticals Inc., a U.S. based clinical stage biotechnology company, is focusing on utilizing its leading compound BIS-001 with novel mechanism of action for the treatment of refractory forms of focal epilepsy.A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/12808
Also, in case of catastrophic childhood epilepsy also known as dravet syndrome, BIS-001 has known to demonstrate complete suppression of seizures. However, lack of awareness regarding the diseases in developing nations, and non-availability of medical facilities in poor and developing countries coupled with reluctance to adopt epilepsy medications are some of the few factors expected to hinder the global pediatric epilepsy therapeutics market. Also with majority of drug molecules approved in the pediatric epilepsy therapeutics category the current pipeline of epilepsy therapeutics is weak leading to stagnant revenue over the coming years.
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Increasing prevalence of various neurological disorders have resulted in extensive research and development to develop novel therapies for pediatric epilepsy treatment. By diseases type, the global market for pediatric epilepsy therapeutics has been classified into benign rolandic epilepsy (BRE), childhood absence epilepsy (CAE), juvenile myoclonic epilepsy (JME), infantile spasms (or west syndrome), lennox-gastaut syndrome (LGS) and others. BRE and CAE diseases type segment are expected to account for the largest market share in the global pediatric epilepsy market.
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Some of the major players operating in global pediatric epilepsy therapeutics market are Abbott Laboratories, GlaxoSmithKline plc, Cephalon, Inc., Johnson & Johnson, Pfizer, Inc., Novartis AG, Sunovion Pharmaceuticals, Inc.., Valeant Pharmaceuticals International, Inc., and Sanofi S.A. Companies are involved in collaboration agreements for R&D in order to exploit maximum potential.
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