New Survey by Greystone Associates
Analyzes Therapeutic Opportunities and Demand Factors
(Amherst,
NH) – While still falling short of becoming a mainstream drug
delivery technology, the transdermal patch is proving to be
resilient. In the past few years, setbacks for patch products with
high-volume potential such as the Ortho Evra contraception patch
have further delayed the growth that has so far eluded the sector.
But take a closer look, and you’ll find that the number of drug
development programs based on transdermal systems has been growing
over the past 24 months. More than forty companies have transdermal
drug products under development for either initial approval or
expanded indications. These products and candidates comprise thirty
separate APIs and target more than twenty distinct therapeutic
indications.
From its initial introduction
until the late-1990’s, the transdermal patch was largely confined to
delivering estradiol, nitroglycerin and nicotine. Today, these
markets account for only a fraction of the total sales of
prescription drug patches and the nicotine patch can be purchased
without a prescription. In recent years, the number of approved
patch products has grown and now include therapies in a number of
new treatment areas, most notably neurology, pain management and
urology.
Growth in demand for
prescription drug patches is being driven by several factors –
factors with strong demographic and population trend underpinnings.
The aging population – particularly in North America and Western
Europe, where the quality of medical care is high and consumers
enjoy a relatively high standard of living – will create a growing
market of mature and elderly needing drug therapies and pain
management for a variety of maladies associated with the aging
process. Transdermal patches provide an improvement in compliance
over oral drugs and injections, since there is no danger of
forgetting to take the medication, a common occurrence among elderly
patients.
The growing population in
developing countries, particularly on the African continent and in
parts of the Pacific Rim and South America, will drive demand for
patch products in the area of vaccines and contraception. These
factors will contribute to the growth of prescription patches over
the next five years.
Source: Greystone Associates
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