A new report from industry analyst GlobalData finds that the ophthalmology market “still offers vast potential,” despite several R&D setbacks in 2018.
Citing the launch of several new products, the firm says that drugmakers in this therapy area will likely continue to attract substantial research investments.
In 2018, a number of ophthalmology pipeline candidates were discontinued, three of which were in the area of macular degeneration: Ohr Pharmaceuticals’ (Nasdaq: OHRP) squalamine, Roche’s (ROG: SIX) lampalizumab, and Daiichi Sankyo’s (TYO: 4568) DS-7080.
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