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Navigant Consulting Estimates Worldwide Neuropathic Pain Market Will Reach $3.5 Billion by 2009.


Business Editors/Health/Medical Writers

SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--Jan. 22, 2004

Study identifies 11 new products to enter

the market in the next five years

With the worldwide prevalence of neuropathic pain sufferers estimated at more than 38 million people in 2004 (based on U.S. Census Bureau Noun 1. Census Bureau - the bureau of the Commerce Department responsible for taking the census; provides demographic information and analyses about the population of the United States
Bureau of the Census
 data and epidemiology studies), and only three commercialized products specifically indicated for the disease, Front Line Strategic Market Reports(TM) analysts from Navigant Consulting, Inc. (NYSE NYSE

See: New York Stock Exchange
:NCI See Liberate. ) believe there is great demand for effective therapeutics to improve the quality of life for patients. In their recently concluded study, entitled "Emerging Neuropathic Pain Therapeutics: Physician Perspectives and Competitive Benchmarking Analysis of a High Growth Market," the analysts also determined that there will be tremendous growth in this pain treatment segment as several drug manufacturers are poised to enter the U.S. market by 2009.

Primary information for the study was gathered by conducting interviews with a panel of physician experts from across the country with in-depth neuropathic pain experience. Supporting information was also collected from interviews conducted with pharmaceutical company representatives and from secondary sources, including news releases, SEC filings, industry Web sites and scientific periodicals.

"There is a great need for therapeutics that are more specific and more predictable in efficacy," said Dr. James Helman, an anesthesiologist Anesthesiologist
A medical specialist who administers an anesthetic to a patient before he is treated.

Mentioned in: Anesthesia, General, Appendectomy, Parathyroidectomy

anesthesiologist
 and panel participant based in Washington. "It is also important that a drug is titratable so that dosing can be adjusted for each patient."

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Navigant Consulting's research and analysis, the worldwide neuropathic pain market will reach nearly $1.1 billion in 2004 and $3.5 billion by 2009, driven by the introduction of 11 new products. Pfizer will continue to be a top drug manufacturer in 2009 with the upcoming release of pregabalin, a second-generation anticonvulsant anticonvulsant /an·ti·con·vul·sant/ (-kon-vul´sant) inhibiting convulsions, or an agent that does this.

an·ti·con·vul·sant
n.
A drug that prevents or relieves convulsions.
 expected to replace the company's current market leader Neurontin (gabapentin), which is approaching generic competition. However, Pfizer is at risk of losing market share to a growing number of emerging companies, including Eli Lilly Eli Lilly can refer to:
  • Eli Lilly and Company, a global pharmaceutical company
  • Colonel Eli Lilly (1839-1898), founder of Eli Lilly and Company
  • Eli Lilly (industrialist) (1885-1977), former president of Eli Lilly and Company
, Johnson & Johnson and GlaxoSmithKline. "Awareness of the disease is expanding in the medical community, and patients will soon enjoy a wide variety of novel treatment options with improved safety and efficacy profiles," said Rochelle Ellis, Associate for Strategic Market Reports, Navigant Consulting. "Because the physicians we surveyed strongly expressed the need for improved medicines and showed significant interest in upcoming products, we feel our competitive benchmark analysis will provide timely, in-depth information to help current and emerging drug manufacturers position their products for optimized profitability."

For additional details, complimentary PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format.  sample pages, or to order "Emerging Neuropathic Pain Therapeutics: Physician Perspectives and Competitive Benchmarking Analysis of a High Growth Market," please contact Chris Kammer or Anil Patel of Navigant Consulting at 650.525.1500 x145, or 650.525.1500 x135, respectively.

About Navigant Consulting

Navigant Consulting, Inc. (NYSE:NCI) is a specialized independent 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
 providing litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
, financial, restructuring, energy, healthcare and operational consulting services to government agencies, legal counsel and large companies facing the challenges of uncertainty, risk, distress and significant change. The Company focuses on industries undergoing substantial regulatory or structural change and on the issues driving these transformations. "Navigant" is a service mark of Navigant International, Inc. Navigant Consulting, Inc. (NCI) is not affiliated, associated, or in any way connected with Navigant International, Inc. and NCI's use of "Navigant" is made under license from Navigant International, Inc. More information about Navigant Consulting can be found at www.navigantconsulting.com.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 22, 2004
Words:571
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