US: Biologics demand to surpass $100 billion in 2015 says new report

Oct. 15, 2011 - PRLog -- According to the report “Biologics: US Forecasts for 2015 & 2020” available at
http://www.pharmaceutical-market-research.com/publications/biotechnology/biologics.html demand for biologics will surpass $100 billion in 2015, witnessing continuing strong growth after a decade of double-digit yearly increases. Steady growth will be boosted by dramatic shifts in production technology and expansion of targeted diseases, and challenged by the introduction of biosimilar products following patent expiry of major biologic products.

Biologics are continually being used for a wider range of diseases and population segments. Biologics are complex materials that must be produced by living cells, and their producers have targeted small, niche populations with rare or difficult to treat conditions. However, as the market has grown and matured, many new applications are being found for these products.

Impending expiry of patents for a number of biopharmaceuticals and consumer demand to reduce treatment costs are encouraging a global market for biosimilar products. Biosimilars are made by new sponsors innovating biopharmaceuticals that reference the original drug. Manufacturers will have access to the original, commercialised products, but not to the original molecular clones and cell banks, fermentation and purification processes, or active drug substances.

The report “Biologics: US Forecasts for 2015 & 2020” is available from Piribo at:
http://www.pharmaceutical-market-research.com/publication...

Piribo product ID: FED00565

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About Piribo.
Piribo http:www.piribo.com is the source for information products concerning the global biotechnology and pharmaceutical industries. Here you can browse and buy thousands of business information studies, market reports and books.