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Lux Research, Inc.
Fourth-generation Biologics Set to Drive over $120 Billion Market
Advances in formulation and delivery will help pharmaceutical firms modify proven drugs by targeting molecules now off-patent, besides developing fifth-generation drugs designed to activate stem cells to fight diseases such as cancer, Lux Research says.
BOSTON, MA – July 9, 2013 – Fourth-generation biologics, with improved delivery and pharmacokinetics, will continue to drive an overall biologics industry that is already worth over $120 billion, according to Lux Research.
So-called “biobetters” making their way through clinical trials, by and large, target molecules now off-patent with the promise of enabling new players to enter with modifications of proven drugs.
“With advances in cloning and assay development the therapeutics industry has managed to artificially engineer these molecules to address therapeutically important targets,” said Yan Xiang Yang, Lux Research Analyst and the lead author of the report titled, “Of Biologics and Cells – Are Formulation and Delivery Technologies Keeping Up with the Progression?”
“They are also able to produce them in commercially viable quantities, such that a number of this class of therapeutic molecules has achieved blockbuster status,” she added. “The possibility also exists for positive up-regulation of cellular activity by fifth-generation biomolecular drugs that may be used to activate stem cells or boost immune system functions for diseases such as cancer.”
Lux Research analysts investigated innovations in the biologics industry and the current state of the market. Among their findings:
The report, titled “Of Biologics and Cells – Are Formulation and Delivery Technologies Keeping Up with the Progression?” is part of the Lux Research Formulation and Delivery Intelligence service.
About Lux Research
Lux Research provides strategic advice and ongoing intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients. Visit www.luxresearchinc.com for more information.