ADRENOLEUKODYSTROPHY DRUGS MARKET ANALYSIS
Global Adrenoleukodystrophy Drugs Market Regional Analysis
On basis of regions, the global Adrenoleukodystrophy market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In North America, pharmaceutical companies are focusing on advancement of therapies for treatment of adrenoleukodystrophy. For instance, in 2019, Magneta Therapeutics received approval for MGTA-456 regenerative medicine advance therapy designation for treatment of adrenoleukodystrophy from the U.S Food Drug and Administration.
In 2018, Europe PMC claimed that adrenal insufficiency is a life threating condition with mortality rate of 0.5 in 100 patients per year. Moreover, pharmaceutical companies are focusing on research and development of treatments for adrenoleukodystrophy to strengthen their share in the global adrenoleukodystrophy drugs market. For instance, in January 2020, Minoryx Therapeutics, a company specialised in innovation of drugs for central nervous system conditions, received an approval for lead drug candidate, leriglitazone (MIN-102), for treatment of all forms of x- adrenoleukodystrophy.
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