- Publisher:
- Publication:2012/10/12
Biopharmaceutical companies have a major opportunity in the form of drug development for ankylosing spondylitis (AS), a report suggests.
The chronic inflammatory disease has few treatment options, with standard care and anti-tumour necrosis factor (anti-TNF) therapies being the only choices.
A new analysis from Frost & Sullivan reveals that this underserved market represents a significant opportunity, with revenues in the US expected to rise from just over $496.6 million in 2011 to $986.3 million in 2017.
With many patients failing to respond to anti-TNF drugs, any pharmaceutical company that succeeds in developing and bringing to market a new AS therapy could be looking at significant earnings potential.
"There will be a strong market for advanced, affordable and disease-modifying drugs with improved safety and true clinical benefits," said Frost & Sullivan senior industry analyst Deborah Toscano.
She noted that aggressive marketing efforts could improve the uptake of novel AS drugs and help new participants "to gain market share".
About US
Contact us