While many analysts predict the worldwide pharmaceutical market could reach $3 trillion by 2020, the pharmaceutical industry can achieve such growth only if it brings many fundamentally new drugs to market. This challenge requires a remedy for the current pharmaceutical productivity crisis that is greatly slowing the process of identifying novel drug targets and propelling the related therapeutics to market. The pharmaceutical industry is increasingly regarding genomics-based drug discovery as a potential solution to this problem.
The number of independent genomics companies has been rapidly increasing, along with the potential capability and applicability of their technology. The potential of genomics research to yield successful pharmaceuticals is reflected by the increasing number of genomics-dedicated companies, in-house pharmaceutical companies' initiatives, mergers, acquisitions, and partnerships.
Through an extensive review of the resources available from the industry, we have identified 106 public or private companies that are essentially focused on genomics or proteomics.
In this report, we profile ten genomics companies in depth-Celera Genomics, Incyte Genomics, Human Genome Sciences, Millennium Pharmaceuticals, Lexicon Genetics, Medigene, GPC Biotech, DeCODE Genetics, Pharmagene, and Galapagos Genomics. These companies offer a cross-sectional overview of the genomics sector in terms of corporate size, business concept, and geographic location. In addition to comments on the business concepts, all corporate profiles contain annotated lists of collaborations, intellectual property, and development pipeline elements (when applicable).
Outlook and Opportunity for Genomics-Based Therapeutics: An Analysis of Key Competitor Pipelines is currently available for $4,250.
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SOURCE: Decision Resources, Inc.
Contact: Tim Daley of Decision Resources, Inc., +1-781-296-2636,