Medindia
Medindia LOGIN REGISTER
Advertisement

Emergence of Drugs from Elan/Wyeth, Eli Lilly, Myriad Genetics and Medivation Will Drive the Alzheimer's Disease Drug Market to Nearly Triple by 2017

Monday, June 9, 2008 General News
Advertisement
WALTHAM, Mass., June 9 Decision Resources, one of theworld's leading research and advisory firms for pharmaceutical and healthcareissues, finds that the emergence of four novel therapies -- Elan/Wyeth'sbapineuzumab, Eli Lilly's LY-2062430, Myriad Genetics' Flurizan andMedivation's Dimebon -- will drive the Alzheimer's disease drug market tonearly triple by 2017.
Advertisement

The new Pharmacor report entitled Alzheimer's Disease finds that sales ofAlzheimer's disease drugs will increase from $3 billion in 2007 to nearly $9billion in 2017 in the United States, France, Germany, Italy, Spain, UnitedKingdom and Japan. Because of their anticipated superior efficacy oversmall-molecule therapies, the two new biologic agents driving most of thisgrowth will be bapineuzumab and LY-2062430. Although bapineuzumab andLY-2062430 may present greater safety risks than other emerging agents, thetwo drugs are estimated to collectively garner 71 percent of the Alzheimer'sdisease drug market in 2017, according to the report.
Advertisement

"We expect the monoclonal antibodies bapineuzumab and LY-2062430 tocollectively garner $6 billion in sales by 2017," said Nitasha Manchanda,Ph.D., analyst at Decision Resources. "The emerging small-molecule agentsFlurizan and Dimebon will also contribute to market growth, although to alesser extent, accounting for $900 million in combined sales in 2017. However,if the monoclonal antibodies cannot establish superior efficacy oversmall-molecule agents in pivotal trials, Flurizan and Dimebon will havegreater uptake."

The report also finds that sales of acetylcholinesterase inhibitors, theagents that currently dominate the Alzheimer's disease market, will drop bynearly half between 2007 and 2017. In 2007, acetylcholinesterase inhibitorsaccounted for 70 percent of market share; in 2017, they will represent only 13percent, due to generic erosion, competition from emerging agents and adramatic increase in the overall size of the market.

About Decision Resources

Decision Resources (http://www.decisionresources.com) is a world leader inmarket research publications, advisory services, and consulting designed tohelp clients shape strategy, allocate resources, and master their chosenmarkets.

All company, brand, or product names contained in this document may betrademarks or registered trademarks of their respective holders.For more information, contact: Elizabeth Marshall Decision Resources, Inc. 781-296-2563 [email protected]

SOURCE Decision Resources
Sponsored Post and Backlink Submission


Latest Press Release on General News

This site uses cookies to deliver our services.By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Use  Ok, Got it. Close