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Fondaparinux Market Revenue Is Predicted To Reach $686.3 Million By 2024 Health Articles | August 4, 2016

Grand View Research has announced the addition of "Fondaparinux Market Analysis and Segment Forecasts To 2024" Market Research report to their Database.

The global聽fondaparinux market聽is expected to reach USD 686.3 million by 2024 Cheap Thomas Vermaelen Jersey , according to a new report by Grand View Research, Inc. Fondaparinux is majorly used during knee and hip replacement surgeries. Arixtra, manufactured by GSK group of companies is the branded drug of Fondaparinux. The drug witnessed patent expiry in 2002. As the active molecule is highly complex to manufacture Cheap Sergio Busquets Jersey , it faced low generic competition until 2011. Generic manufacturer companies, such as Alchemia Ltd. and Apotex, Inc. Cheap Sergi Roberto Jersey , received the Abbreviated New Drug Application approval in 2011 and instantly started the production of generic drugs.

Fondaparinux is used as an anticoagulant and shows improved survival compared with low-molecular-weight heparin. It is used for the prevention of Deep Vein Thrombosis (DVT) and Pulmonary Embolism (PE) and is administered subcutaneously. Moreover, Fondaparinux lowers the risk of ischemic events

The increasing collaboration between the key players for acquiring the Intellectual Property Rights (IPRs) in order to manufacture the molecule through patented technology is expected to drive growth. For instance, in July 2016 Dr. Reddy’s Laboratories Ltd. entered into an agreement with Alchemia Ltd. to purchase the IPRs of fondaparinux sodium for USD 17.5 million. In September 2014 Cheap Samuel Umtiti Jersey , Mylan N.V. purchased branded and generic versions of fondaparinux sodium from Aspen Global, Inc. for USD 225 million. The deal gave Mylan N.V. access to one of the two generics indicated for the treatment of PE.

Browse full research report on Global Fondaparinux Market:

Further key Findings From the Study Suggest:

Generics and authorized generics of Arixtra (fondaparinux sodium) dominated the market in 2015 with share of over 65.0% The introduction of generic drugs in the market by Apotex, Inc. Cheap Rafinha Jersey , Dr. Reddy’s, and Mylan N.V. is expected to drive the market growth. Branded drug Arixtra is however anticipated to witness declining growth rate majorly owing to patent expiration, high cost Cheap Paulinho Jersey , and introduction of low-cost alternatives North America held the largest market share of the global market in 2015. Key factors attributing to the dominance include constantly increasing geriatric population, rising prevalence of thrombosis, and the introduction of low-cost generics of Fondaparinux in the U.S. In addition Cheap Paco Alcacer Jersey , the increasing number of awareness initiatives undertaken by government and nongovernment organizations for DVT and PE is driving the growth of the market in the North American region. China’s huge population base with the rising disposable income coupled with the increased burden of chronic diseases is expected to be one of the major drivers for the Chinese market over the forecast period. Moreover, the presence of local active pharmaceutical ingredients manufacturers and contract research organizations in China increased the number of foreign investments in the country. As a result, China. Carson Wentz Jersey Authentic Calvin Ridley Jersey Authentic Baker Mayfield Jersey Authentic Antonio Brown Jersey Authentic Alvin Kamara Jersey Authentic A.J. Bouye Jersey Adrian Peterson Womens Jersey traje overol desechable schutzbrille kaufen wegwerp mondkapjes bestellen

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