Decline in cardiovascular drugs noted at ESC congress

17 September 2012

This year’s European Society of Cardiology (ESC) Congress in Munich, Germany, was a stark example of exactly where the cardiovascular market space is headed, note analysts at industry expert GlobalData. This congress fully emphasized the new and innovative technologies that are coming out on the medical device and medical technology side, while leaving the market’s pharmaceutical wing in the dust, they say.

In fact, out of the nine hours over three days and 18 seminars on cardiac therapy innovation, only one seminar, given by Amgen, spoke about a pharmaceutical interventional treatment for heart disease. Thus, if there is one message to take away from the ESC 2012 congress, it is that the pharmaceutical industry has moved away from the cardiovascular market.

Prominent talks at the Congress included ‘Multimodality Image Fusion Technology for Enhancing Complex Transcatheter Cardiac Procedures’ that was put on by Philips Healthcare, ‘Cardiac Contractility Modulation: An innovative device therapy for Heart Failure with narrow QRS’ presented by Impulse Dynamics Germany, and ‘Automated quantitative CTA software for systematic analyses of coronary artery disease’ organized by Medis Imaging Systems. All in all, these seminars followed the industry trend of shifting cardiac focus toward devices – in particular less-invasive procedures such as transcatheterization – and toward new software solutions that will help physicians with diagnosis. However, biotech giant Amgen did give a presentation called ‘PCSK9, a potential exciting new target for the treatment of high cholesterol,’ where they outlined the potential for using the PCSK9 enzyme that regulates LDL in humans as a target for the next generation of cholesterol-lowering therapies.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK



Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Pharmaceutical