Key players operating in the market are getting approval to new digestive drugs, which is expected to drive the global digestive drugs market growth during the forecast period.
The approval of new therapeutic solutions for gastrointestinal disorders is further contributing to the market growth. For instance, in March 2020, Cipla received the U.S. Food and Drug Administration (FDA) approval for a generic acid reflux drug. The company received final approval for generic Esomeprazole, an oral suspension which is used for treatment of gastroesophageal reflux disease. Esomeprazole is available for various strengths such as 10mg, 20 mg and 40 mg from the U.S. Food and Drug Administration (U.S. FDA).
Key Players
Major players operating in the global digestive drugs market include GlaxoSmithKline plc, AbbVie Inc. (Allergan), Takeda Pharmaceutical Company Limited, Pfizer Inc, AstraZeneca plc, Marksans Pharma, Tillotts Pharma AG, Salix Pharmaceuticals, Otsuka Pharmaceutical Co., Ltd., Merck & Co., Inc., Lexicon Pharmaceuticals, Inc., Bayer AG, Cadila Healthcare Ltd.
Digestive Drugs Market Report Snapshots
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