Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Progressive Digital Media Group PLC       GB00B1GCQP32

PROGRESSIVE DIGITAL MEDIA GROUP PLC
Mes dernières consult.
Most popular
  Report  
SummaryNewsCalendarCompanyFinancialsRevisions 
News SummaryMost relevantAll newsSector newsTweets

GlobalData : Hemophilia A and B market to welcome newcomers as established companies fall behind

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/19/2017 | 05:33pm CET

The hemophilia A and B market, which is set to approach $8 billion by 2026, will see a substantial number of newcomers capture market share from established companies, according to research and consulting firm GlobalData.

The company's latest report states that the hemophilia market has historically been characterized by a high level of brand loyalty. Companies employ huge sales forces and invest large sums in initiatives such as college scholarships, patient communities and co-pay assistance programs with the aim of creating and maintaining a life-long relationship with patients and their families.

Chiara Marchetti, Ph.D., Healthcare Analyst for GlobalData, explains: 'Before the approval of long-acting factor concentrates, the movement of patients from established treatment options to new short-acting recombinant factors had been minimal due to the lack of any clinical incentive.

'However, GlobalData expects that the improvements in convenience offered by long-acting factors and alternative coagulation promoters will help new entrants, such as Bioverativ and Roche, to establish themselves as key players in the hemophilia market. This process had already begun for hemophilia B, where the improved prophylactic dosing schedule of long-acting clotting factor IX has undermined Pfizer's position in the US.'

Baxalta was the dominant player in the recombinant hemophilia market with its recombinant clotting factor VIII products Recombinante and Advate, but was acquired by Shire in 2016. Sales of Shire's products in 2016 dwarfed those of its competitors in the hemophilia market, including Novo Nordisk, Pfizer, Bioverativ/Sobi and Bayer. Generally speaking, competitive pressures are set to intensify across the forecast period due to the launch of several new products from players and newcomers.

Marchetti concludes: 'GlobalData forecasts that Roche will overtake Shire and become the hemophilia market leader in 2026, with global sales of around $2.5 billion, followed by a recent entrant, Bioverativ, which will have global sales of $1.4 billion in 2025. Overall, it is expected that the ability of companies to endure competition from emicizumab will be linked to their dependence on short-acting clotting factor VIII in their portfolios.'

- Information based on GlobalData's report: PharmaPoint: Hemophilia A and B - Global Drug Forecast and Market Analysis to 2026.

GlobalData plc published this content on 19 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 July 2017 15:33:07 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PROGRESSIVE DIGITAL MEDIA
02/16GLOBALDATA : Majority of healthcare providers beef up security architecture to p..
PU
02/16GLOBALDATA : Canada leads the way in equities, observes GlobalData
AQ
02/15GLOBALDATA : Active millennials are being priced out of skiing and golf holidays
PU
02/15GLOBALDATA : Majority of oncology clinical trials in China failed to meet enrolm..
PU
02/14GLOBALDATA : Over $58.5B to be spent on North Sea oil & gas by 2020
AQ
02/14GLOBALDATA : 60% of the worlds megacities will be located in Asia by 2025, says ..
PU
02/14VALENTINE’S DAY 2018 : Consumers say Tesco does the best job at promoting ..
PU
02/14VALENTINE’S DAY 2018 : Cost conscience consumers to cut fine dining on Val..
PU
02/14GLOBALDATA : Indian banks can do more to make open banking obvious path to prosp..
PU
02/13GLOBALDATA : Need for supportive care in oncology will increase during the next ..
PU
More news
Financials ( GBP)
Sales 2017 118 M
EBIT 2017 -
Net income 2017 -
Debt 2017 33,4 M
Yield 2017 1,41%
P/E ratio 2017 -
P/E ratio 2018 -
Capi. / Sales 2017 5,01x
Capi. / Sales 2018 -
Capitalization 559 M
Income Statement Evolution
Managers
NameTitle
Michael Thomas Danson Chief Executive Officer
Bernard Anthony Cragg Chairman
Graham Charles Lilley Chief Financial Officer & Secretary
Peter Martin Harkness Independent Non-Executive Director
Murray Legg Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
PROGRESSIVE DIGITAL MEDIA GROUP PLC791
S&P GLOBAL INC9.82%47 438
RELX N.V.-13.62%43 140
RELX-15.70%43 136
THOMSON REUTERS CORP-8.03%28 495
EQUIFAX-3.28%13 695