Biologics Market Industry Growth, Size, Share, Outlook, and Forecast, 2018 to 2026

Biologics Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2018-2026

REPORT DESCRIPTION Biologics Market – Overview The biologics market size is expected to boost owing to the increasing product pipeline from different companies like Merck and Co., Pfizer, Glaxosmithkline. Pfizer has a strong product pipeline for 2019 of biologics, biosimilars, vaccines and small molecules. 35 products are in phase 1, 28 are in phase 2 and 26 are in phase 3 and 11 products are in the process of registration. Total 100 products are in trial phase. Most recent approval by Pfizer is DAURISMO (glasdegib) in U.S. for adult patients with newly-diagnosed acute myeloid leukemia for whom intensive chemotherapy is not an option.

Furthermore, the biologics market revenue is growing because of increasing number of Food and Drug Administration (FDA) approvals for new biologic medicines for treatment of rare diseases. For instance, in 2017 US FDA approved 46 biologics and in December 2017, GlaxoSmithKline’s biologic Nucala was approved for the treatment of a rare disease called eosinophilic granulomatosis, with polyangiitis (EPGA).

Biological products include a wide range of products such as vaccines, blood and blood components, allergenic, somatic cells, gene therapy, tissues, and recombinant therapeutic proteins. Many biologics are produced using recombinant DNA technology. Biologics are the best used drugs for genetic disorders. New technologies, novel therapies are emerging for the manufacturing of new biologics which holds a prominent future for biologics market.

REPORT DESCRIPTION Biologics Market Taxonomy:

By Product Type Monoclonal Antibodies Vaccines Recombinant Hormones/Proteins Cell Therapy Gene Therapy

By Application Oncology Infectious Diseases Immunology Autoimmune Diseases Others Get Request a Sample Copy @ https://www.coherentmarketinsights.com/insight/request-sample/2663

REPORT DESCRIPTION Biologics Market – Key Players AbbVie Amgen AstraZeneca Biogen Idec Bristol-Myers Squibb, Eli Lilly and Company GlaxoSmithKline Johnson and Johnson Merck and Co., Merck KGaA Novartis Pfizer F. Hoffmann-La Roche Ltd Get More Inf @ https://www.coherentmarketinsights.com/ongoing-insight/biologics-market-2663

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