Major Players - Abortion Drugs Industry

Aug, 2023 - by CMI

Major Players - Abortion Drugs Industry

Abortion is the process of ending a pregnancy by removing the embryo or fetus, as well as the placenta, from the uterus using drugs or surgery. Additionally, safe and successful abortion drugs include mifepristone and misoprostol. Additionally, progesterone hormone promotes healthy pregnancy growth, therefore its effects are blocked by the abortion drug mifepristone. The uterine lining degrades and the pregnancy is terminated when progesterone hormones are suppressed. Doctors also advise using misoprostol, which causes bleeding and discomfort, to empty the uterus after taking mifepristone. After taking misoprostol for 24 hours, the patient should see a doctor if bleeding does not occur.

Due to an increase in abortion rates among women worldwide, it is anticipated that the market for Abortion Drugs would grow significantly over the course of the projected period.

Key Companies in the Abortion Drugs Industry:

1. Corcept Therapeutics Inc.

Corcept Therapeutics Inc. was founded in 1998 and headquartered in California, United States. It operates internationally. Topline findings from a Phase 1b study evaluating Corcept Therapeutics Incorporated's proprietary cortisol modulator, miricorilant, in patients with suspected non-alcoholic steatohepatitis (NASH) were released in July 2023. Corcept Therapeutics Incorporated is a commercial-stage company that specializes in the discovery and development of drugs to treat severe endocrine, oncology, metabolism, and neurology disorders.

2. Danco Laboratories LLC

Danco Laboratories LLC is a pharmaceutical distributor, founded in 1971 and headquartered in New York, United States. It operates in the country. Mifeprex's manufacturer, Danco Laboratories, criticized a Texas judge's decision to prevent the Food and Drug Administration from approving pharmacological abortions in April 2023.

3. GenBioPro, Inc.

GenBioPro, Inc. was founded in and headquartered in Las Vegas, United States. It operates throughout the country. HEALTH AND SCIENCE In April 2023, the maker of abortion pills GenBioPro seeks a US court to maintain the availability of generic mifepristone.

4. Sandoz Inc

Sandoz Inc was founded in 1886 and headquartered in Basel, Switzerland. It operates globally. In December 2021, Sandoz, a leader in generic and biosimilar pharmaceuticals, will introduce its licensed generic Narcan® (naloxone hydrochloride)* Nasal Spray 4mg in the US.3 Consumers in the United States can easily access it via retail pharmacies and institutions like hospitals.

5. Yung Shin Pharmaceutical Industrial Co Ltd

Yung Shin Pharmaceutical Industrial Co Ltd was founded in 1952 and headquartered in Taiwan. It operates in a number of countries.

6. Amneal Pharmaceuticals

Amneal Pharmaceuticals was founded in 2002 and headquartered in BridgewaterNew Jersey. It operates in over 95 countries. The authorized generic version of Xyrem®1 (Sodium Oxybate) oral solution CIII will be made available in the United States in July 2023, according to Amneal Pharmaceuticals, Inc. A central nervous system depressant called sodium oxybate oral solution, 0.5 g/mL is used to treat cataplexy or excessive daytime sleepiness (EDS) in narcolepsy patients seven years of age and older. Additionally, the company reported that five complex generic medications have received FDA approval through an abbreviated new drug application (ANDA). Dexmedetomidine injection, one of the three recently approved medications, is an injectable and is now included on the FDA's shortage product list for the United States.

7. Actavis Laboratories Fl Inc.

Actavis Laboratories Fl Inc. was founded in 2002 and headquartered in Dublin, Ireland. It operates in approximately 100 countries.

8. Novel Laboratories Inc.

Novel Laboratories Inc. was founded in 2006 and headquartered in New Jersey, United States. It operates globally.

9. G.D. Searle, LLC.

G.D. Searle, LLC.  is a wholly owned subsidiary of Pfizer, was founded in 1908 and headquartered in New York City, United States. It operates in 43 countries.

*Definition: An abortion pill is used during medical abortions to stop an unwanted pregnancy. The abortion drug is referred to as mifepristone in medicine.

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