Novartis and Roche likely to lead tussle for AMD market into 2020s, says report
There are 236 drugs in development for the treatment of age-related macular degeneration (AMD), a report notes.
The GlobalData findings show that Swiss pharma giants Novartis (NOVN: VX) and Roche (ROG: SIX) have the highest number of clinical trials going on in AMD, giving them the chance of future revenues beyond their current blockbuster Lucentis (ranibizumab), the first anti-VEGF monoclonal antibody designed specifically for the wet form of AMD.
At present, the AMD market comprises of only five drugs in the USA, European Union and Japan, and four in China. The market is quite niche and scattered, providing opportunities for pharma majors to compete and claim top positions.
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