Newly-released research suggests that asthma treatment could see a significant step forward as personalized treatments enter the arena.
Despite generic erosion facing several of the leading asthma brands, such as GlaxoSmithKline’s (LSE; GSK) Advair (fluticasone propionate/salmeterol xinafoate), AstraZeneca’s (LSE: AZN) Symbicort (budesonide/formoterol fumarate) and Novartis (NOVN: VX) and Roche’s (ROG: SIX) Xolair (omalizumab), the global market for asthma treatment is set to witness moderate growth by the end of the decade.
The global prevalence of asthma is significant, believed to affect around 300 million people worldwide. This burden is predicted to increase in future, reaching 400 million by 2025.
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