October 08, 2015.
The value of the multiple sclerosis therapeutics market is set for a slow rise (CAGR 1.5%) from $17.2 billion in 2014 to approximately $20 billion by 2024, according to research and consulting firm GlobalData.
The company’s latest report states that this growth will primarily be driven by the continued uptake of premium products and an increase in treatment rates as a result of the availability of novel alternatives.
The market is expected to plateau between 2018 and 2020 as the generic erosion of key branded products offsets the uptake of pipeline agents, but, says GlobalData analyst Thomas Parker, steady growth will resume from 2020 onwards, as additional pipeline products become available in western countries.
Source: PharmaPoint: Multiple Sclerosis – Global Drug Forecast and Market Analysis to 2024
The Impact of Artificial Intelligence on the Creation of Medicines
October 24th 2024Najat Khan, chief R&D officer, chief commercial officer, Recursion, and Fred Hassan, director, Warburg Pincus, discuss how artificial intelligence can help reduce healthcare costs at the 20th Annual Young & Partners Pharmaceutical Executive Summit held at the Yale Club of New York.
Plan Ahead: Mastering Your AI Budget for 2025 Success
October 9th 2024Generative AI is just one part of the artificial intelligence and machine learning that is being used by life science organizations, emerging as a major area of interest and an area in which costs and ROI are still largely unknown.