GRAVES DISEASE OVERACTIVE THYROID MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In June 2022, Sling Therapeutics, Inc., a biopharmaceutical company, led by TPG's The Rise Fund, launched a Series A funding round that raised USD 35 million. These funds will be used to support a Phase 2b clinical trial that will evaluate the company's experimental medication, linsitinib, for the treatment of thyroid eye disease (TED). TED is primarily reported in women and is most usually associated with hyperthyroidism resulting from Graves' illness.
• In May 2022, Mindray, a medical instrumentation manufacturer, launched the TRAb assay designed for diagnosing and managing Graves' disease. Thyrotropin receptor antibody (TRAb), recognized as the pathogenic antibody in Graves' disease, serves as a pivotal serum biomarker aiding in diagnosis.
• In January 2021, The U.S. FDA granted approval for the first drug to treat Thyroid Eye Disease (TED), an autoimmune inflammatory condition primarily affecting individuals with Graves' Disease and hyperthyroidism. Around 25-50% of Graves' patients experience TED, with cases often appearing either in the 40s or 60s. Various environmental factors, particularly smoking, are linked to an elevated TED risk.