World pharmaceutical chemicals demand to increase 6.3% annually through the year 2005. (News Release).
The world pharmaceutical chemicals market will increase 6.3 percent annually to US$83.5 billion in 2005. The eight largest drug-producing countries--the US, Japan, Germany, France, China, the United Kingdom, Italy and Switzerland -- will account for almost 80 percent of chemical demand. China will generate the fastest growth as economic expansion and outside investment fuel the upgrading of its national pharmaceutical industry. Demand growth in the other top drug-producing countries will range from 3.3 percent annually in Switzerland to nearly seven percent annually in the United States. Increasing generic competition, downward profit pressures and tighter price controls will prompt US, Japanese and West European drug makers to pursue greater production efficiencies. As a result, pharmaceutical chemical costs will fall under greater scrutiny and decrease as a percentage of total drug shipments. These and other trends are presented in World Pharmaceutical Chemicals, a new study from The Freedonia Group, Inc., a Cleveland-based industrial market research firm.
Bulk central nervous system agents demand will benefit from advances in a number of therapies. COX-2 inhibitors Cox-2 Inhibitors Definition
Cox-2 inhibitors are non-steroidal anti-inflammatory drugs (NSAIDs) which selectively inhibit cyclooxygenase-2. The cyclooxygenases are required for the creation of prostaglandins. for arthritis, acetylcholinesterase inhibitors for Alzheimer's disease Alzheimer's disease (ăls`hī'mərz, ôls–), degenerative disease of nerve cells in the cerebral cortex that leads to atrophy of the brain and senile dementia. , lipase lipase (lī`pās), any enzyme capable of degrading lipid molecules. The bulk of dietary lipids are a class called triacylglycerols and are attacked by lipases to yield simple fatty acids and glycerol, molecules which can permeate the membranes antagonists for obesity and second-generation serotonin reuptake reuptake /re·up·take/ (re-up´tak) reabsorption of a previously secreted substance.
n. inhibitors for depression will lead growth. Cardiovascular agents will benefit from an increased emphasis on prevention, especially new second-generation tissue plasminogen activators for preventing strokes and heart attacks. Humanized monoclonal antibodies for breast, ovarian and prostate cancer, along with thiazolidinedione antidiabetic agents, will spur rapid growth in demand for bulk hormones and related agents. Reduced dosage protease inhibitors for HIV HIV (Human Immunodeficiency Virus), either of two closely related retroviruses that invade T-helper lymphocytes and are responsible for AIDS. There are two types of HIV: HIV-1 and HIV-2. HIV-1 is responsible for the vast majority of AIDS in the United States. and AIDS, along with advanced generation macrolides and quinolones, will boost sales of bulk anti-infective agents. Other new pharmaceutical chemicals projected for strong growth in demand include leukotriene leukotriene /leu·ko·tri·ene/ (-tri´en) any of a group of biologically active compounds derived from arachidonic acid that function as regulators of allergic and inflammatory reactions. blockers for asthma, monoclonal antibodies for transplant rejection, serotonin 5HT3 antagonists for irritable bowel syndrome irritable bowel syndrome (IBS), condition characterized by frequently alternating constipation and diarrhea in the absence of any disease process. It is usually accompanied by abdominal pain, especially in the lower left quadrant, bloating, and flatulence. and vaccines for influenza.
Patent restrictions will continue to deny merchant pharmaceutical chemical companies access to the most rapidly growing drug ingredients. However, many off-patent compounds will generate favorable sales gains based on worldwide trends promoting greater generic drug prescribing as well as on the expansion of preventive medicine and self-treatment activities among consumers. Analgesics Analgesics Definition
Analgesics are medicines that relieve pain.
Analgesics are those drugs that mainly provide pain relief. , aminopenicillins, cephalosporins Cephalosporins Definition
Cephalosporins are medicines that kill bacteria or prevent their growth.
Cephalosporins are used to treat infections in different parts of the body—the ears, nose, throat, lungs, sinuses, and , first-generation antihistamines Antihistamines Definition
Antihistamines are drugs that block the action of histamine (a compound released in allergic inflammatory reactions) at the H1 , acid reducers, herbal and related extracts, and calcium and iron minerals are among the pharmaceutical chemicals expected to fare well on the open market.
World Pharmaceutical Chemicals (published 01/2002, 438 pages) is available for $4,500 from The Freedonia Group, Inc., 767 Beta Drive, Cleveland, OH 44143-2326. For further details, please contact Corinne Gangloff by phone 440.684.9600, fax 440.646.0484 or e-mail firstname.lastname@example.org. Information may also be obtained through www.freedoniagroup.com.
WORLD PHARMACEUTICAL CHEMICALS DEMAND (billion US dollars) % Annual Growth Item 1995 2000 2005 00/95 05/00 World Pharmaceutical Chemicals Demand 44.3 61.5 83.5 6.8 6.3 Central Nervous System 9.8 12.6 16.0 5.2 4.9 Cardiovascular 6.2 8.5 11.4 6.5 6.0 Hormones & Related 4.7 7.8 11.8 10.7 8.6 Anti-Infective 5.1 7.3 10.7 7.4 7.9 Respiratory 4.3 5.9 8.0 6.5 6.3 Gastrointestinal 3.8 5.4 7.2 7.3 5.9 Other 10.6 13.9 18.3 5.6 5.7 [c] 2002 by The Freedonia Group, Inc.