Alzheimer's drug market forecast to meet only 10% of unmet alzheimer's demand by 2018
Alzheimerâs Pipeline Drugs Review, Alzheimerâs Disease Drug Market & Forecast â Global Analysis - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-17 14:35:02
The alzheimer´s drug market has reported a significant number of drugs which have failed at the Phase III drug development pipeline phase. The global alzheimers drug market is expected to decline during the period 2009 to 2013 despite significant investment and interest in this area within the drug development sector and drug pipeline work. This new report is expecting the alzheimer´s drug market to recover and develop from 2017 as new drugs are launched and applied for human use. By 2018, the alzheimer´s drug development market is forecast to account for 10% of unmet demand.
A new study by Nottingham and Leicester Universities published in the Science Translational Medicine journal highlighted a new drug being developed which gave mice an oral drug to prevent the brain from "switching off" its protein production. This new drug represents a key development in the fight against Alzheimer´s having been based on a drug compound originally developed by GlaxoSmithKline for a different purpose.
This drug being orally administered to mice has shown positive signs at halting the development of Prion, a similar brain disease to alzheimer´s, although there are significant side effects such as weight loss and the onset of mild diabetes and damage to the pancreas. However, the academic field are positive that this new study shows significant developments in getting drugs through the Phase III of the drug pipeline development and finally being applied for human use.
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