During the course of the forecast period, rising research and development activities in the formulation and development of mometasone furoate are anticipated to drive market expansion. For instance, a study was carried out in India with the aim of developing an aspasomal mometasone furoate gel that is biologically active, delivers medication at a controlled rate, and requires low doses to treat psoriasis, according to a research article published in the Journal of Dermatological Treatment, March 2022. In order to treat psoriasis more effectively, aspasomal gel with mometasone furoate was developed. It was discovered that this formulation supplied the medication over a longer length of time and required fewer doses.
Global Mometasone Furoate Market is estimated to be valued at US$ 1,182.9 million in 2022, and is expected to exhibit a CAGR 7.4% over the forecast period (2022-2030).
Top Companies in the Mometasone Furoate Industry:
1. Cipla Limited
Cipla Limited, together with its subsidiaries, manufactures and sells pharmaceutical products in India, the United States, South Africa, and internationally. The company was incorporated in 1935 and is headquartered in Mumbai, India. Cipla Limited has a licensing agreement with Merck & Co., Inc. for the manufacturing and distribution of Molnupiravir, an investigational oral antiviral drug; a license agreement with Eli Lilly and Company for the manufacture and commercialization of the drug baricitinib for Covid-19 indication; and collaborations with Dr. Reddy's Laboratories Ltd, Sun Pharmaceutical Industries Limited, Emcure Pharmaceuticals Limited, and Torrent Pharmaceuticals Limited for the clinical trial of the investigational oral anti-viral drug Molnupiravir.
2. Teva Pharmaceuticals Industries Ltd.
Teva Pharmaceutical Industries Limited, a pharmaceutical company, develops, manufactures, markets, and distributes generic medicines, specialty medicines, and biopharmaceutical products. The company was founded in 1901 and is headquartered in Tel Aviv-Yafo, Israel.
3. Glenmark Pharmaceuticals Ltd.
Glenmark Pharmaceuticals Limited, together with its subsidiaries, develops, manufactures, and markets pharmaceutical products. The company was incorporated in 1977 and is based in Mumbai, India. In January, 2023 Glenmark Pharmaceuticals Inc., USA (Glenmark) is pleased to announce it has launched Bumetanide Injection USP, 1 mg/4 mL (0.25 mg/mL) SingleDose Vials and 2.5 mg/10 mL (0.25 mg/mL) Multi-Dose Vials, the generic version of Bumex®1 Injection, 0.25 mg/mL, of Validus Pharmaceuticals LLC.
4. Taro Pharmaceutical Industries Ltd.
Taro Pharmaceutical Industries Ltd., a science-based pharmaceutical company, develops, manufactures, and markets prescription and over-the-counter pharmaceutical products in the United States, Canada, Israel, and internationally. The company was founded in 1950 and is based in Haifa, Israel. Taro Pharmaceutical Industries Ltd. is a subsidiary of Alkaloida Chemical Company Exclusive Group Ltd.
5. Hikma Pharmaceuticals PLC.
Hikma Pharmaceuticals PLC develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products. The company was founded in 1978 and is based in London, the United Kingdom. In January, 2023 Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, announces a new exclusive licensing agreement with Celltrion Healthcare Co., Ltd, a global biopharmaceutical company.
6. Medlab Pharmaceuticals Private Limited
Established in 2007, The Company is focused on providing Pharma third party manufacturing services of pharmaceutical formulation, Nutraceutical, Cosmetic and Herbal(Ayurvedic) products for our clients in India and overseas too. The company has headquarters situated in Mumbai, India.
7. Iva Healthcare Private Limited
Since the inception in the year, 2008, we, Iva Healthcare Pvt. Ltd., have been one of the leading manufacturers, wholesaler and traders of Pharmaceutical Drugs. The company has headquarters situated in Haryana, India.
8. Unilab Chemicals & Pharmaceuticals Pvt Ltd
Unilab Chemicals AND Pharmaceuticals Private Limited is a Non-govt company, incorporated in 1978. Unilab Chemicals AND Pharmaceuticals Private Limited is majorly in Manufacturing of Metals & Chemicals, and products thereof. The company has headquarters situated in Mumbai, India.
9. Organon group of companies
Organon & Co., a health care company, develops and delivers health solutions through a portfolio of prescription therapies in the United States and internationally. Organon & Co. was incorporated in 2020 and is based in Jersey City, New Jersey. In July, 2022 Organon a global women’s healthcare company, and Cirqle Biomedical announced they have entered into a research collaboration and exclusive license agreement for a novel investigational non-hormonal, on-demand contraceptive candidate.
10. Taro Pharmaceutical Industries Ltd.
Taro Pharmaceutical Industries Ltd., a science-based pharmaceutical company, develops, manufactures, and markets prescription and over-the-counter pharmaceutical products. The company was founded in 1950 and is based in Haifa, Israel.
*Definition- Asthma, hay fever, and various skin conditions are all treated with mometasone, also known as mometasone furoate.
