Biosimilars Series - Forecast Analysis Now Available on ReportsandReports
02/08/10By Ms. Sunita
Dallas, TX: ReportsandReports announce to have Biosimilars Series: Forecast Analysis Market Research Report in its store Highlights As the first to introduce guidelines for biosimilar drug approval, Europe has emerged as the testing ground for biosimilar drugs, with biosimilars for three biologics having entered the market to date human growth hormone, epoetin alpha, and filgrastim. Related Reports HVAC in the U.S., 2nd Edition — Green and Global
The high cost and utilization of biologic drugs, coupled to the growing need to curb pharmaceutical expenditure, provides considerable momentum to the emerging biosimilars market. With a biosimilar approval pathway in place in Europe and Japan, and imminently in the US, Datamonitor expects payer pressure to drive biosimilar uptake, particularly in Germany, the US, and the UK.
Scope
The size of the US market, combined with the voracious generic erosion that characterize it, make it an attractive prospect for would-be biosimilars makers, and as such, it represents the real prize, contingent on the creation of a biosimilars approval pathway.
Although guidance for biosimilar approval was issued in Japan in 2009, this market is unlikely to experience significant biosimilar incursion through the forecast period, contributing at most 1% to total seven major market volume sales in 2019.
Reasons to Purchase
Global Biomaterial Market (2009-2014)
World Market for Biosimilars and the Potential for US Followon Biologics
Contact:
Ms. Sunita
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Tel: +1-888-989-8004
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