Press release
Antiemetic Drugs Market Is Set To Garner Staggering Revenues By 2025
Antiemetic drugs are prescribed to tackle nausea and vomiting, usually arising from intake of other drugs such as those administered for anesthesia to carry out surgeries or chemotherapy for cancer. Antiemetic drugs are usually taken orally. Sometimes they are injected and at other times administered by placing a patch on the body.Majorly fuelling the demand for antiemetic drugs is a fast expanding geriatric population worldwide that is highly susceptible to diseases such as cancer which is mostly treated through chemotherapy – something that results in side effects such as vomiting. In addition, growing number of gastroenteritis patients are also serving to stoke demand.
The Market For Antiemetic Drugs, which has clocked steady growth so far, will likely expand further but at a lackluster pace in the years to come on account of a drying clinical pipeline. The cost of research and development is steep and this is deterring development of new drugs. As a result, many savvy companies are carefully considering undertaking new molecule or drug research projects. Large companies manufacturing drugs, however, are partnering with smaller biotechnology and research companies to come up with newer and more effective antiemetic drugs. The small biotech research companies lack the necessary means to conduct various late stage clinical trials that are usually capital intensive, but often have strong research and development capabilities. Hence, large firms obtain the rights of the drug by paying the small companies one-time. They also pay royalties on recurrent sales. It’s a win-win for both.
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An antiemetic is a drug which is effectively used to prevent vomiting and nausea, side effects of opioid analgesics, etc. It is available as over-the-counter and prescribed drug at recommended doses. It is mostly used to prevent motion sickness rather than treating it. Presence of antihistamine and central anticholinergic properties make antiemetic drugs quite effective. The drug is as effective as cetirizine, a non-sedating antihistamine, does not cross the blood-brain barrier, and is not effective in either preventing or treating motion sickness. Nausea and vomiting is identified as the primary symptoms and in sometimes it can leads to other complications such as erosion of the tooth dehydration, and loss of appetite. These can affect daily activities and the quality of life if left untreated. Antiemetic drugs work by suppressing the vomiting reflex in the body. Motility stimulants work by increasing the movement through the gastrointestinal tract and serotonin antagonists suppress the signals to and from the vomiting center of the brain. Various types of antiemetic drugs are available with a number of medical applications. Antiemetic drugs can be administered orally, intramuscularly, or as a suppository.
GlaxoSmithKline Pharmaceuticals Limited, Johnson & Johnson, Sanofi, Merck & Co., Novartis AG, Bristol-Myers Squibb, Astellas Pharma, Inc., Eli Lilly and Company, Abbott, Cipla Ltd., Dr. Reddy’s Laboratories Ltd, Baxter International, and IPCA Labs are the major players operating in the global antiemetic drugs market.
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