| |
Home »
News » 01/06 »
Biogenerics to hit Europe
Biogenerics to hit Europe
Date published:
18/01/2006
Biogenerics are set to become the next big battleground
between the branded pharma and generics industries, according to a market
analyst. A Datamonitor report has found that generic drug makers may soon be
moving into the area of biological therapeutics, threatening the sector that
had combined global sales in 2004 of $20 billion.
It was also found
that biogenerics could be on the market as soon as 2006 in the EU and in the US
by 2009, as regulatory authorities make progress in establishing the necessary
ways to license them. Datamonitor pharmaceutical markets analyst David Evans
said: "The combined size of this market makes it a tempting target, and
pressure from generics companies and from governments has driven the
development of regulatory pathways."
The report also highlighted six
key product classes that are at risk from biogenerics: insulin, human growth
factor, epoetin, colony stimulating factors (CSFs), interferon alpha and
interferon beta. Looking to the future Mr Evans said: "The feeling is that we
have not yet even seen the start of the key confrontations in biogenerics. "But
as biogenerics products approach the market, the real battles will begin."
© Adfero Ltd
Disclaimer
AllAboutMedicalSales excludes any warranty, express or implied, as to
the quality, accuracy, timeliness, completeness or fitness for a particular
purpose of this briefing. AllAboutMedicalSales will not be liable for any
claims, penalties, losses, damages, costs, or expenses arising from the use of
or inability to use this briefing or from any unauthorised access to or
alteration of the Briefing. AllAboutMedicalSales makes no warranty that the
contents of this briefing are compatible with all computer systems and
browsers.
|