HYPERTROPHIC CARDIOMYOPATHY (HCM) THERAPEUTICS MARKET ANALYSIS
Hypertrophic Cardiomyopathy (HCM) Therapeutics Market Competitive Landscape
Key players operating in the Hypertrophic Cardiomyopathy (HCM) therapeutics market include Sanofi S.A., Merck & Co., Pfizer, Inc., Mylan N. V., MyoKardia, Inc., Teva Pharmaceutical Industries Ltd., and Novartis AG.
Key players in the market are focusing on organic growth strategies such as collaborations and regulatory product approval in order to gain maximum market share and retain leading position in the market. For instance, in September 2014, Sanofi S.A. and MyoKardia, Inc. collaborated to discover and develop targeted therapeutics for genetic heart diseases such as Hypertrophic Cardiomyopathy, Cardiomyopathy and Dilated Cardiomyopathy (DCM). In May 2016, U.S. Food and Drug Administration (FDA) granted MyoKardia’s novel drug: MYK-461; as an orphan drug designation for treatment of symptomatic obstructive hypertrophic cardiomyopathy. The drug MYK-461 is the first therapy developed to treat hypertrophic cardiomyopathy.
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