19 July 2017
Visiongain’ has launched a new pharma report Pharma Leader Series: Top 25 Ophthalmic Drug Manufacturers 2018 – 2028: Retinal Disorder Drugs, Allergic, Inflammatory & Infective Drugs, Glaucoma Drugs, Dry Eye Drugs.
A specialist sector within the overall pharmaceutical industry, the ophthalmic drugs market is dominated by a relatively small number of companies. The market is relatively mature though with opportunities for growth in key therapeutic areas. Key patent expirations have affected revenues in this market in recent years, particularly in the glaucoma segment.
The lead analyst of the report commented “Considerable success in the ophthalmic pharmaceutical market is likely for therapies that will accommodate the large unmet need for pharmacological therapies for currently-untreated ophthalmic conditions. Certain conditions, where surgery is the only treatment, have an unmet patient need for pharmaceutical treatments.
However, to be commercially successful, new products must overcome significant hurdles. These include the challenge of demonstrating efficacy and safety during regulatory approval (especially for chronic diseases), achieving adequate reimbursement, and addressing the growing threat of generic competition.”
Leading companies featured in the report include Akorn, Alcon, Allergan, Bausch & Lomb, Bayer, Novartis, Pfizer, Regeneron, Roche, Santen, Senju, Valeant
Notes for Editors
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The increasing rates of patent expiry lead to a counter-strategy of switching companies from Rx to OTC. In the US, according to the Consumer Healthcare Products Association, approximately 106 ingredients and dosage strengths have undergone a change from Rx to OTC to around 700 OTC products on the market.
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