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Rising Incidences Of Alzheimer’s Is Expected To Foster The Growth Of Advanced Therapy Medicinal Products (ATMPs) Market
Advanced Therapy Medicinal Products (ATMPs) Industry
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Advanced Therapy Medicinal Products Market Taxonomy:
Advanced therapy medicinal products are segmented on the basis of therapy, diseases, and geography
On the basis of products, the global advanced therapy medicinal products market are segmented into:
• Somatic Cell Therapy Medicinal Products
• Tissue Engineered Medicinal Products
• Gene Therapy Medicinal Products
On the basis of diseases, the global advanced therapy medicinal products market are segmented into:
• Alzheimer’s
• Cystic Fibrosis
• Muscular Dystrophies
• Hemophilia
Strategic acquisitions by Pfizer to develop gene therapies for the treatment of neuromuscular conditions to enhance the competitive environment
The key players operating the advanced therapy medicinal products market include Uniqure, Pfizer, Bluebird Bio Inc., BioMarin Pharmaceutical, Novartis AG, GE Healthcare, Shire Biotechnology, and Kite Pharma. The key players are focusing on strategic mergers and acquisition and development of innovative products. For instance, Pfizer acquired Bamboo Therapeutics, a biotechnology company focused on developing gene therapies for the treatment of patients with diseases related to neuromuscular conditions and the diseases affecting central nervous system. The acquisition is expected to significantly expand Pfizer’s expertise in gene therapy by providing clinical and pre-clinical assets to balance the rare disease portfolio of company with advanced recombinant Adeno Associated Virus vector design and production technology, which is fully functional phase I/II gene therapy with manufacturing facilities.
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