Demerol is a chemically known as ethyl 1-methyl-4 phenylisonipecotate hydrochloride. This drug is used for the treatment of mild to severe pain. However, due to the short duration of action and toxicity, the use of Meperidine has reduced among physicians in the recent years.
As of 2021 the global Meperidine Market is estimated to be valued at US$ 480.4 million and is expected to exhibit a CAGR of 1.5% during the years (2021-2028).
Prominent Companies in the Meperidine Industry:
1) Sanofi S.A.
Sanofi S.A. is a multinational pharmaceutical company that engages in the research and development, of pharmacological products, in the prescription market. The firm cover therapeutic areas like Cardiovascular, central nervous system, diabetes, internal medicine. The company was founded in 973 and the headquarters are located in Paris, France. Products manufactured include Medications, Genetic drugs, Vaccines, Animal Health, etc.
In December, 2022 Sanofi expanded its collaboration with Innate Pharma, with Sanofi licensing a natural killer (NK) cell nagger program targeting B7H3 from Innate’s ANKET platform.
2) Pfizer Inc.
Pfizer Inc. is a pharmaceutical and biotechnology company based in America. It was founded in the year 1849. Pfizer manufactures and produces vaccines and medicine related to oncology, neurology, cardiology, and immunology. The corporation has produced various products that yield more than US$1 billion in annual revenue.
The company ranked 64th on the Fortune 500 and 49th on the Forbes Global 2000. The headquarters are located in New York City, U.S. and the products manufactured are sold worldwide. The company was founded by Charles Pfizer and Charles F. Erhart. As of January 2023, Pfizer Inc. and Abzena have entered into an agreement under which Pfizer will be acquiring Abzena’s manufacturing facility in Sanford, North Carolina.
3) Hikma Pharmaceuticals
Hikma Pharmaceuticals Plc. Is a multinational pharmaceutical company that was the first Arab company to export pharmaceutical products in the U.S. The Company was founded in the year 1978 by Samih Darwazah. The Headquarters are located in London, England, UK. Products manufactured include Amoclan, Prograf, and Suprax. In January 2023, The company launched Naloxone Hydrochloride Injection,, in prefilled syringe form, which is used for the emergency treatment of opioid overdose.
4) Vintage Pharmaceuticals
Vintage Pharmaceuticals is a Healthcare company that produces generic pharmaceuticals including tablets, capsules, liquids, suspensions etc. The company was incorporated in December 19, 1991. The headquarters are located in Huntsville, Alabama. The current chief executive officer of the company is Tom Young.
5) Epic Pharma
Epic Pharma develops and markets a wide range of generic pharmaceuticals in a variety of therapeutic categories in tablet, capsule and powder forms. The company was founded in the year 2008. The headquarters are located in New York, United States. The chief executive officer of the company is Xiaofeng Meng .
