The launches of Alba/Teva Pharmaceutical Industries’ (NYSE: TEVA) larazotide acetate and Alvine/AbbVie’s (NYSE: ABBV) latiglutenase for treating celiac disease could drive sales in the USA and five major European markets (5EU: Germany, France, Spain, Italy and the UK) to reach approximately $551.1 million by 2023, new research suggests.
According to an analyst with research and consulting firm GlobalData, with larazotide acetate expected to enter the US and 5EU markets in first-quarter 2018 and first-quarter 2019, respectively, followed by latiglutenase in first-quarter 2019 and first-quarter 2020, respectively, there will be new therapy choices for the estimated 600,000 diagnosed patients in these countries, whose current standard of care is to follow a strict gluten-free diet (GFD).
Abhilok Garg, GlobalData’s analyst covering immunology, states that Key Opinion Leaders (KOLs) interviewed by GlobalData from May to September this year suggested that the two drugs are likely to be prescribed to celiac patients in combination, due to their differing but complementary mechanisms of action.
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