CF drugs will edge Vertex ahead of GSK in $46.6 billion respiratory market by 2022, report says
The market for respiratory drugs will grow from its 2015 size of $28.1 billion to $46.6 billion by 2022 at a compound annual growth rate (CAGR) of 7.5%, according to business intelligence provider GBI Research.
This market – covering asthma, chronic obstructive pulmonary disease (COPD), idiopathic pulmonary fibrosis (IPF), and cystic fibrosis, will see patent expirations of a number of big-selling products, allowing for the sale of generics, though this will be offset by new treatment launches, the report predicts.
The expiring patents referred to include two for UK pharma major GlaxoSmithKline (LSE: GSK), namely Advair (fluticasone/salmeterol) and Ventolin (salbutamol).
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