The Parkinson’s disease (PD) pharmacotherapy market will grow 5% annually from $2.3 billion in 2013 to $3.8 billion in 2023, new research finds.
This growth will be fueled by the launch of several emerging therapies - including new molecular entities in established drug classes, reformulations of time-tested products, and novel first-in-class entrants that target a range of clinically-important subpopulations facing diverse unmet needs, according to a new report from Decision Resources Group.
Other key findings from the Pharmacor report, titled Parkinson’s Disease, include:
Improved rescue therapies: Interviewed experts show enthusiasm for Civitas Therapeutics’ CVT-301 as an effective, patient-friendly alternative to injectable formulations of apomorphine for PD patients experiencing “off” episodes. Decision Resources forecasts CVT-301 will earn around $700 million in the US market in 2023 with the potential for additional revenues through a global launch, prospects which appear stronger following Acorda Therapeutics’ September 2014 announcement to acquire Civitas (The Pharma Letter September 24).
First approval for PD-associated psychosis: Acadia Pharmaceuticals’ (Nasdaq: ACAD) Nuplazid (pimavanserin) is poised to become the first therapy approved specifically to treat PD-associated psychosis, a key co-morbidity that is undertreated and underserved by current off-label options, which can exacerbate motor symptoms. Following a projected US and European launch beginning in 2016, DR forecasts Nuplazid will increase the number of patients receiving an antipsychotic for PD-associated psychosis and garner PD sales of about $400 million in 2023.
Reformulations of levodopa: Although levodopa remains the patient share leader in PD, the pharmacokinetic shortcomings of marketed levodopa products leave interviewed experts open to additional reformulations. However, based on available data, it remains unclear whether emerging brands such as Impax Laboratories’ (Nasdaq: IPXL) Rytary (carbidopa and levodopa) will deliver a clinically-meaningful advance for patients needing levodopa, which has been generically available for many years.
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