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$51 Billion
Protein Therapeutics Market Set to Reach $87 Billion by 2010
New York, June 8, 2006 — With
strong sales in the insulin, erythropoietin and interferon segments, as well as
innovative cytostatic, immunosuppressive, and anti-inflammatory agents fast
gaining prominence, the protein therapeutics market has more than doubled in the
last five years—jumping from $25 billion in 2001 to $51 billion in 2005—making
it the scientific trump card of the pharmaceutical industry.
According to the latest market research from Kalorama Information,
The Protein Therapeutics Market: The Science and Business of a Growing Sector,
sales by 2010 should reach $87 billion, powered by heavy demand and rapid sales
in the U.S. and Europe, which currently account for more than 80% of the market.
New product innovations, respectable margins, and relatively mild pricing
pressures as compared with the rest of the pharmaceutical market will continue
to be strong market drivers.
The rapid metamorphosis of the protein therapeutics market has indeed been
driven by innovative therapies including interferons and interleukins in the
1990s, and monoclonal antibodies in more recent years. Such treatments, owing to
their high efficacy, safety, and ability to prolong life, have fundamentally
changed treatment paradigms in areas of high unmet needs such as oncology,
inflammation, and genetic disorders.
“Protein therapeutics are revolutionizing modern medicine and showing no signs
of slowing up,” notes Steven Heffner, the publisher of Kalorama Information.
“With little threat from generics due to the specialized manufacturing of cell
lines and strong process controls, strong product innovation, and the premium
pricing afforded to them due to their high-tech ingredient profiles and the
diseases they target, we are witnessing a pharmacological wonder where
everyone—including consumers—is a winner.”
The Protein Therapeutics Market details both the scientific and business aspects
of the market showing competitive market share, geographical segmentation, top
products and innovators, and market forecasts for individual therapeutic
segments. It also discusses the major operational and strategic challenges
facing the market including financing, pricing, manufacturing, marketing, and
regulatory issues. It can be purchased directly from Kalorama Information by
clicking:
http://www.bioportfolio.com/cgi-bin/acatalog/The_Protein_Therapeutics_Market__The_Science_and_B.html
About Kalorama Information
Kalorama Information, a division of MarketResearch.com, supplies the latest
in independent market research for the life sciences. To view their catalogue go
to:
http://www.bioportfolio.com/cgi-bin/acatalog/Kalorama.html
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