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C&M: Global market for hemophilia driven by development of new hemophilia therapeutics

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Global Hemophilia Market 2014-2018 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-20 15:17:01
The Global Hemophilia market is to grow at a CAGR of 6.07 percent over the period 2013-2018. One of the key factors contributing to this market growth is the development of new hemophilia therapeutics. The Global Hemophilia market has also been witnessing the increase in technological innovations. However, the high cost of hemophilia therapeutics could pose a challenge to the growth of this market.

Currently, most of the therapeutic hemophilia products are short acting, i.e., used only for when the patient suffers from bleeding. Further, many of these products exhibit immunogenic reactions resulting in a reduced effect of the therapeutic. In order to mitigate these issues, technologies such as PEGylation, recombinant DNA, and protein fusion technology, were developed and applied in the production of new therapies with a longer life span and fewer immunogenic reactions. For example, Biogen Idec is developing a next generation Hemophilia A therapy.

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