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Article: Will Big Pharma Embrace Its Orphans?
- Article from:
- PR Newswire Europe
- Article date:
- November 17, 2008
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LONDON, November 17 /PRNewswire/ --
While most big pharmaceutical and biotechnology companies have traditionally depended on blockbuster molecules, it is estimated that $90.0 billion worth of ethical molecules will come off patent during 2007-2012. The industry is therefore considering "niche busters" - orphan drugs that tackle rare diseases - as potential sources of revenue.
Orphan drugs are intended for the prevention and treatment of very serious rare diseases such as chronic myeloid leukaemia, pulmonary arterial hypertension, gaucher disease and adrenal cortical carcinoma. Frost & Sullivan (http://www.pharma.frost.com) estimates that the current ...