Novartis's new heart failure drug to dominate with $1.9 billion global revenue by 2022, says GlobalData
Following a launch scheduled for 2015 for the treatment of chronic heart failure (CHF), Swiss drug major Novartis’ (NOVN: VX) novel combination drug LCZ-696 will rapidly dominate the global CHF therapeutics sector and mark a drug development paradigm shift, says research and consulting firm GlobalData.
The firm’s latest report forecasts global sales of LCZ-696 to reach a massive $1.86 billion by 2022, with an estimated 15%-20% of all CHF patients across the USA and Europe treated with the drug by the end of the forecast period.
LCZ-696 expected to gain 55% share of US CHF market
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
Free
7 day trial access
- All the news that moves the needle in pharma and biotech
- Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
- Receive The Pharma Letter daily news bulletin, free forever.
Become a subscriber
£820
Or £77 per month
- Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
- Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
- Daily roundup of key events in pharma and biotech.
- Monthly in-depth briefings on Boardroom appointments and M&A news.
- Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Today's issue
Company Spotlight
More Features in Pharmaceutical
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze