Lucrative opportunities for new entrants to invigorate 'stagnant' bipolar market, says GlobalData
A considerable dearth of products to meet patient needs means there are significant opportunities within a declining bipolar market, reports research and consulting firm GlobalData.
The report describes the current bipolar pipeline as ‘sparse’. Only two treatments – Otsuka (TYO: 4578) and Lundbeck (LUND: CO) drug Abilify Maintena (aripiprazole) and ITI-007, licensed from Bristol-Myers Squibb (NYSE: BMY) – are expected to receive regulatory approval by 2024.
GlobalData forecasts that Abilify Maintena will achieve sales of $643 million in 2024 across the eight major markets of the US, France, Germany, Italy, Spain, UK, Japan and Canada.
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