Lidocaine Patches Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2017-2025
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REPORT DESCRIPTION Lidocaine Patches Market – Overview Increasing number generic approved product in the market are expected to augment the lidocaine patches market growth. Patent expiry of Endo Pharmaceuticals for Lidoderm offers growth opportunity for market players to develop generic version of the lidocaine patch. For instance, in 2015, Mylan Pharmaceuticals, Inc., launched the generic version of Endo Pharmaceutical's Lidoderm in the U.S. market. In 2014, Galen US Incorporated receive FDA approval for Synera, lidocaine and tetracaine topical patch for domestic use. Moreover, companies are introducing advanced technologies in lidocaine patches in order to maintain leading position in market, For instance, in 2016, Gregory Pharmaceutical Holdings, Inc. launched Lidocare, which is first and only patch that is water-free. Lidocare is the new over-the-counter/non-prescription lidocaine pain patch and the technology is under the patenting process. In February 2018, Sorrento Therapeutics, Inc., a subsidiary of Scilex Pharmaceuticals Inc., received U.S. FDA approval for ZTlido 1.8%, with the company’s proprietary adhesion technology. Furthermore, companies are also conducting clinical trials for expanding the application of lidocaine patch for disease and conditions such as Endo Pharmaceuticals, Inc., is conducting clinical trial for the use of lidocaine patch in osteoarthritis, chronic lower back pains, Carpal Tunnel Syndrome etc. © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION
Lidocaine Patches Market Taxonomy: Based on adhesive material: ●
Aqueous
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Non-aqueous
Based on application: ●
Back Pain
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Neck Pain
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Shoulder Pain
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Knees & Elbow Pain
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REPORT DESCRIPTION Lidocaine Patches Market: Key Players ●
Mylan Pharmaceuticals Inc.
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Endo Pharmaceutical Inc.
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Teva Pharmaceutical, Inc.
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Teikoku Pharma USA.
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Hisamitsu Pharmaceuticals Co. Inc.
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Galen US Inc.
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Sorrento Therapeutics, Inc.
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Actavis Labs UT Inc.
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