Psoriasis is a non-communicable autoimmune disease characterized by patched of abnormal skin. These skin spots are red, itchy, and scaly which may be small and localized or cover the entire body. Skin injury may cause psoriatic skin changes at that spot, a phenomenon called Koebner phenomenon. There are five main types of psoriasis namely Plaque, Guttate, Inverse, Pustular, and Enthyrodermic.
Prominent Companies in the Psoriasis Treatment Industry:
1) Sun Pharmaceutical Industries Limited
Sun Pharma is an Indian multinational pharmaceutical company. Sun Pharma is the largest pharmaceutical company in India and the fourth largest specialty generic pharmaceutical company in the world. Sun Pharma was founded in the year 1983, and the headquarters are located in Mumbai, India. The company was founded by Dilip Shanghvi.
In January 2023, Sun Pharma completed the acquisition of Concert Pharmaceuticals, a developer of innovative medicine for patients with chronic diseases. For US$ 576 Million.
2) Johnson & Johnson services
Johnson & Johnson is a Pharmaceutical industry and a medical technological industry founded in the year 1886. The company was founded by Robert Wood Johnson, James Wood Johnson, Edward Mead Johnson. Its headquarters are located in New Brunswick, New Jersey, U.S. The company has globally sold products worth $93.8 billion during 2021. The company has 250 subsidiaries.
In December 2022, Johnson & Johnson Completed the acquisition of Abiomed Inc. a medical technology company that provides circulatory and oxygenation support.
3) GlaxoSmithKline GSK plc.
GSK Plc. Is a British Multinational pharmaceutical and biotechnology company founded in the year 2000. The headquarters are located in London, England, UK. GlaxoSmithKline is the tenth largest pharmaceutical company and has ranked 294th on the 2002 Fortune Globes 500. The company was founded by Joseph Nathan. The company manufacture products for major diseases like asthma, cancer, infections and mental health.
In April 2022, the company announced its plans of acquiring Sierra Oncology Inc. for U.S$ 1.9 Billion. In May 2022, GSK announced it would acquire Affinivax and its phase II 24- Valent pneumococcal vaccine candidate for up to $3.3 Billion.
4) Cipla Ltd.
Cipla Ltd. is an Indian multinational pharmaceutical company, currently the third largest drug producing company in India. Cipla primarily develops medicines to treat respiratory disease, cardiovascular disease, arthritis, diabetes and many other medical conditions. The company was founded in the year 1935, by Khwaja Abdul Hamied and the headquarters are located in Mumbai, Maharshtra, India.
5) Novartis AG
Novartis AG is a Swiss pharmaceutical corporation founded in March 1996 by Johann Rudolf The headquarters are located in Basel Switzerland, Cambridge, The United States of America and Massachusetts. It is one of the largest Pharma based company incorporated. The drugs manufactured are sold worldwide. Total revenue earned as of 2022 is US 50.545 billion dollars.
In June, 2022 Novartis completed the acquisition of Kedalion Therapeutics and its AcuStream technology.
