Prominent Players - Complex Regional Pain Syndrome Industry

Jun, 2023 - by CMI

Prominent Players - Complex Regional Pain Syndrome Industry

Complex Regional Pain Syndrome is a neuropathic pain disorder by the presence of distinct clinical features, including allodynia, hyperalgesia, sudomotor, and vasomotor abnormalities, occurring as a result of tissue trauma, injury, surgery, sprain, etc. CRPS is a condition of chronic pain that affects the legs, arms, feet, and hands, which occurs after an injury.

Key Companies in the Complex Regional Pain Syndrome Industry:

1) Boston Scientific Corporation

Boston Scientific Corporation is a biotechnology engineering firm founded in June 29, 1979 in Watertown, Massachusetts. It manufactures medical devices that are usually used in interventional medical specialties. The corporation is immensely known for developing the Taxus Stent, which is a type of drug used to open clogged arteries.

John Abele and Peter Nicholas found the Boston Scientific Corporation. Its headquarters are located in Marlborough, Massachusetts. In June 2022, the company acquired M.I. Tech Co., Ltd, for around U.S$ 230 million. In August 2022, the company acquired Obsidio, Inc.

2) Medtronic

Medtronic plc. Is a medical device industry based in America. The company was founded in the year 1949 in Minneapolis by Earl Bakken. The headquarters are located Dublin, Ireland. Medtronic operates in more than 150 countries. Medtronic develops and manufactures healthcare technologies and therapies. 

In January 2022 the company acquired Affera, Inc. In April 2022, the company announced its collaboration with GE Healthcare to support the need and care demands at Ambulatory Surgery Centers.

3) 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.

4) 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.

5) 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.

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