Aggressive R & D Enhances New Compounds and Treatments.MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--March 6, 1996--The anti-inflammatory an·ti-in·flam·ma·to·ry or an·ti·in·flam·ma·to·ry adj. Reducing inflammation by acting on body mechanisms. an pharmaceutical's market is projected to reach approximately $6.94 billion with an increase of 6.7 percent, and accounts for eight percent of total pharmaceutical sales, says a current report from the market research firm Frost & Sullivan, U.S. PRESCRIPTION ANTI-INFLAMMATORY PHARMACEUTICALS MARKET. Anti-inflammatories are used for relief of symptoms of inflammation inflammation, reaction of the body to injury or to infectious, allergic, or chemical irritation. The symptoms are redness, swelling, heat, and pain resulting from dilation of the blood vessels in the affected part with loss of plasma and leucocytes (white blood but do not cure the underlying cause. There are approximately 80 million diseases and conditions that are treated with anti-inflammatories. One of the most significant trends within the anti-inflammatory pharmaceuticals is the growth of the generic market. A number of high-volume pharmaceuticals that will soon lose patent protection within the forecast period either are or will be available for generic development. Those products include: Voltaren Vol·ta·ren A trademark for the drug diclofenac potassium. diclofenac sodium Voltaren, Voltaren XR Pharmacologic class: Cyclooxygenase inhibitor, nonsteroidal anti-inflammatory drug (NSAID) , manufactured by Ciby-Geigy, Lodin by Wyeth Ayerst, Naprosyn and Anaprox, manufactured by Syntex, and Ansaid, Manufactured by Upjohn. To counteract the loss of revenues at patent expiration EXPIRATION. Cessation; end. As, the expiration of, a lease, of a contract, or statute. 2. In general, the expiration of a contract puts an end to all the engagements of the parties, except to those which arise from the non- fulfillment of obligations created manufacturers are introducing over-the-counter products. Product manufacturers stand to lose more than two-thirds of the sales volume to generic versions after patent expiration. To deal with this issue, companies are introducing their own generic versions before, or shortly after, the product loses patent protection. Other companies have opted for introducing OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). versions of their products, which opens a significant new source of revenues. Mary Anne Crandall, a medical industry analyst with Frost & Sullivan, said that the most significant advances are rooted in the new product advances in inflammation management. "The new technologies could generate $300 to $600 million a year if they perform in line with expectations," she said, "it is expected that the new technologies will likely account for roughly 20 percent of total annual sales." The prescription anti-inflammatory pharmaceutical markets enjoy tremendous revenue potential. A direct impact on the anti- inflammatory market is new technologies in development, such as research and development for new products, because they act to modulate To insert a data signal into a carrier wave or direct current. See modulation. or cure the problem not simply relieve the symptoms. Frost & Sullivan is an international market research and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a . All Frost & Sullivan reports are based on extensive interviews with marketing and technical experts from selected companies in each market segment. Primary research is validated val·i·date tr.v. val·i·dat·ed, val·i·dat·ing, val·i·dates 1. To declare or make legally valid. 2. To mark with an indication of official sanction. 3. by thorough analysis of available secondary research. Frost & Sullivan is the leading publisher of research reports worldwide medical market. Report: 5027-52 Publication Date: January 1995 Price: $2495 -0- Note to Editors: For further information please contact or look for us on the worldwide web at www.frost.com CONTACT: Frost & Sullivan Jonathan Moore Jonathan Moore, son of international coach Aston Moore (former athlete and coach to Ashia Hansen) began his career his by gaining the English School’s title in 1999 and Gold in the same event in 2000. , 415/961-9000 Kristina Menzefricke, 44 171 730 3438 Nadge Keryhuel, 33 1 4742 9127 |
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