Press release
Strategies for Injectable Drug Managers Require Multidimensional Metrics as Market Evolves
(Amherst, NH) – There are currently over 1,900 approved injectable drugs across all application types (BLA/NDA/ANDA). Approved injectable drug applications have been average 70 per year over the past five years. Analysis of the current drug pipeline indicates that this trend will not be slowing going forward. Market sector participants are seeking business leverage in several areas, primarily in the area of generic injectables, where uneven dosing coverage can present opportunities to nimble players.In terms of total market presence the pace of generic drug ANDA approvals has pushed eight Middle East and Asian suppliers into the top twenty-five injectable drug suppliers in terms of product activity, alongside pharmaceutical titans such as Baxter, Amgen, Genentech, Novartis and Janssen. Companies on this list have been averaging a dozen new injectable application approvals per year over the past ten years.
The low barrier to entry for injectable generics has led to a surge in the number of suppliers over the past five years. This is in stark contrast to injectable biologicals which require significant development and regulatory oversight to gain approval. Even so, with Europe leading the way, biosimilars are becoming a growing part of the injectable landscape, although prescriber and patient acceptance is still lagging.
The injectable drug sector is detailed in a new and comprehensive report researched and written by Greystone Research Associates. Injectable Drugs by the Numbers analyzes injectable products and the indications and therapeutic classes in which they compete. The report includes analysis of competitive factors among BLA/NDA/ANDA drugs, therapeutic class product positioning, supply chain factors, supplier segment coverage strategies, and the product activities of sector participants.
More information is available at http://www.greystoneassociates.org
Source: Greystone Research Associates
About Greystone
Greystone Research Associates is a medical technology consulting firm focused on the areas of medical market strategy, product commercialization, venture development, and market research. We assist medical and healthcare market participants in achieving their business objectives through the creation of detailed development strategies, product commercialization programs, and comprehensive market and technology research and analysis. Our market research publications are designed, researched and written to provide timely and insightful information and data on focused market segments, with the aim of providing market participants with the essential knowledge to refine and execute their marketing plans and financial targets.
Contact:
Mark Smith
Greystone Research Associates
98 Route 101A
Amherst, NH 03031 USA
Voice: 603-595-4340
Fax: 603-218-7020
www.greystoneassociates.org
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