China Ulcerative Colitis Market – Restraints
Most of the clinical trials that were being carried out for finding the treatment of ulcerative colitis are terminated and this is expected to hamper the growth of the China ulcerative colitis market, over the forecast period. For instance, in 2021, Takeda Pharmaceutical Company Limited, a pharmaceutical company, terminated its clinical trial for Ontamalimab (Phase III) which was tested for the treatment of ulcerative colitis. The trial was terminated due to the decision of the sponsor to discontinue the SHP647 (Ontamalimab) clinical trial development program for inflammatory bowel diseases (IBD).
In 2021, Pfizer Inc. terminated its clinical trial for PF-06687234 (Phase II), which was tested for the treatment of ulcerative colitis. The trial was terminated as the sponsor changed its R&D strategy and priority.
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