Decision Resources, one of the world's leading research and advisory firms for pharmaceutical and healthcare issues, finds that the irritable bowel syndrome drug market will more than triple from $459 million in 2008 to $1.52 billion in 2018 in the United States, France, Germany, Italy, Spain, the United Kingdom and Japan.
The Pharmacor 2010 findings from the topic entitled Irritable Bowel Syndrome reveal that the primary driver of market growth will be the launches of several novel first-in-class therapies including Salix's Xifaxan, Ironwood/Forest/Almirall/Astellas's linaclotide, Tioga/Ono's asimadoline and Lexicon/Symphony Icon's LX-1031, beginning in the U.S. in 2011. Two of these therapies - linaclotide and asimadoline - have the potential to treat both motility and pain symptoms associated with irritable bowel syndrome, which will afford them a distinct advantage over currently available drugs.
"Linaclotide will enter the highly underserved market for constipation-predominant irritable bowel syndrome and with launches anticipated in both the U.S. and Europe, we forecast that it will be a major contributor to market growth," said Decision Resources Analyst Iva Holder, Ph.D. "Although linaclotide will capture a relatively small percentage of the total patient share, it will account for 40 percent of overall market sales in 2018 due to its premium pricing."
The Pharmacor 2010 findings also reveal that concerns about the serious side effects associated with 5-HT-receptor-modulating therapies have created a much stricter and challenging regulatory environment for developers of treatments for irritable bowel syndrome. As a result, few new therapies have reached the market in recent years, which has limited the number of safe and effective therapeutic options, particularly for patients who have the most severe and/or refractory form of the disease. The suboptimal efficacy of many of the treatment options available to patients creates significant opportunity for the development of novel therapies for the indication.
About Pharmacor 2010
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