Global Macular Degeneration Treatment Market Size, Share, Analysis, Industry Report and Forecast 2020-2026
The global macular degeneration treatment market is estimated to grow at a CAGR of nearly 7.0% during the forecast period. Due to the increasing geriatric population and the rising incidences of age-related macular degeneration (AMD), the pharmaceutical companies are working towards reinforcing their pipeline products for AMD treatment. Several companies are focusing on the development of intravitreal and oral drugs for the treatment of AMD. The companies whose medications are under clinical phases for AMD treatment include Bausch Health Companies Inc., Alkahest, Inc., and IVERIC bio, Inc. Some of the products have gained fast track designation for their products owing to the lack of availability for such kinds of drugs for the treatment of the condition. The description of pipeline products comprises-
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· In April 2020, IVERIC bio, Inc. declared the fast track designation by the US FDA for Zimura (avacincaptad pegol), a novel complement C5 inhibitor, which is in development to treat geographic atrophy (GA) secondary to dry AMD. GA is the advanced stage of AMD, which results in further irreversible vision loss in patients. Currently, there is no approved treatment by the US FDA or European Medicines Agency (EMA) for patients suffering from GA secondary to dry AMD. The fast track designation may support to recognize the effectiveness of Zimura to fulfill the unmet medical requirements.
·
In February 2020, Alkahest, Inc. declared the
commencement of a phase IIb clinical trial of its AKST4290, an orally
administered small molecule CCR3 inhibitor. The placebo-controlled dose-ranging
trial of AKST4290-205 (PHTHALO) is intended to assess the effectiveness of
AKST4290 to treat naïve neovascular AMD patients after three loading doses of
anti-VEGF (aflibercept) therapy. If this oral drug will be considered safe and
effective in trials, it will become a treatment alternative for neovascular AMD
that would meet a significant unmet medical and patient need.
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·
Dry
Age-Related Macular Degeneration
·
Wet
Age-Related Macular Degeneration
By Route of
Administration
·
Intravitreal
·
Intravenous
By
Distribution Channel
·
Retail
Pharmacies
·
Hospital
Pharmacies
·
Online
Pharmacies
Regional
Analysis
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
Rest of APAC
Rest of The World
·
Latin
America
·
The
Middle East and Africa
Company
Profiles
·
Alkahest,
Inc.
·
Allergan
plc
·
Amgen
Inc.
·
Bausch
Health Companies Inc.
·
Boehringer
Ingelheim GmbH
·
Clearside
Biomedical, Inc.
·
Exonate
Ltd.
·
F.
Hoffman La-Roche AG
·
Gemini
Therapeutics, Inc.
·
IVERIC
bio, Inc.
·
Mylan
N.V.
·
Neurotech
Pharmaceuticals, Inc.
·
Novartis
International AG
·
Ocular
Therapeutix, Inc.
·
Pfizer
Inc.
·
Regeneron
Pharmaceuticals, Inc.
·
REGENXBIO
Inc.
·
Xcovery
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