Abstract
This market analysis provides an unparalleled comparative study of key
research in 6 leading cardiovascular market sectors, unique and original
market forecasts and critical analyses and competitive ratings for upcoming
products.
Cardiovascular disease is a global problem. In the developed world, its
prevalence is linked to our increasingly unhealthy lifestyle, with risk
factors including lack of exercise, overweight and obesity, and smoking. These
are also linked to diabetes which increases the risk of developing heart
disease.
The global desire for cheaper generic drugs has been putting increasing
pressure on the research-based industry, which finds itself having to defend
its patents in the courts to ward off generic competition for as long as
possible. Legal battles are won and lost on both sides; either way, patents
eventually expire and generic competition is inevitable.
But what of the future? Opportunities for new therapies exist in both main and
niche markets - the latter being relatively uncompetitive and where there is
high unmet clinical need, such as pulmonary arterial hypertension.
Among the market leaders, several will lose, or have recently lost, patent
protection in major markets over the next few years. The resulting loss in
revenue for the research-based industry can be dramatic.
For example, following peak sales of US$5,580 million in 2002, Merck & Co' s
Zocor (simvastatin) lost its basic patent protection in Canada and a number of
countries in Europe, including the UK and Germany in 2003. Sales subsequently
declined in these countries as a result of generic competition.
The US patent on Zocor finally expired on 23rd June 2006, following six months
paediatric extension. The FDA approved two generics with 180-days market
exclusivity, resulting in a downturn in sales of Zocor to US$2.8 billion for
the full year. The entry of multiple generics onto the market from December
2006, however, resulted in a dramatic fall in sales of Zocor in 2007, to
US$876 million. The effect of generic simvastatin was not, however, confined
to Zocor but rippled through the market, impacting sales of Pfizer' s Lipitor
(atorvastatin) in the short term.
This market analysis provides:
- Unique sales forecasts for key new and current products to 2012
- A comprehensive examination of 6 major cardiovascular therapy areas
- Critical analyses and competitive ratings for current and upcoming products
6 key cardiovascular therapy areas covered:
- Cholesterol and Triglycerides
- Hypertension
- Coronary Artery Disease
- Pulmonary Arterial Hypertension
- Atrial Fibrillation
- Thrombosis
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