Global Inhalation Anesthesia Market: Key Developments
In August 2022, Piramal Critical Care launched the first to market Generic Zinc Sulfate Injection in the U.S. This product is U.S. Food and Drug Administration approved with Competitive Generic Therapy (CGT) designation; to enhance market competition for sole source drugs.
In January 2022, Dechra acquired Isoflurane and sevoflurane inhalant anesthetic products from Halocarbon Life Sciences. The 2 inhalation anesthesia solutions are used in both human and animal medicine. Dechra also planned to launch veterinary branded Isoflurane and Sevoflurane.
In June 2020, Piramal Critical Care signed a strategic partnership with US-based pharmaceutical outsourcing facility, Medivant Healthcare, to help address the severe shortage of injectable drugs in hospitals across the United States.
In April 2020, Blue-Zone Technologies Ltd. received a Drug Identification Number (DIN) from Health Canada for DESFLURANE, USP, an important drug used for general anesthesia. The DIN allows Blue-Zone to manufacture and market its branded generic medicine.
Global Inhalation Anesthesia Market: Key Companies Insights
The global inhalation anesthesia market is highly competitive. This is attributed to the increasing prevalence of chronic disease and growing geriatric population, as a result, players in the market are focusing on launching novel products in the market.
Some of the key players in the global inhalation anesthesia market are Abbvie Inc., Novartis AG, Piramal Enterprises Ltd., Hikma Pharmaceuticals Plc, Fresenius SE & CO. KGaA, Baxter International Inc., Troikaa Pharmaceuticals, Ltd., Halocarbon Products Corporation, Jiangsu Hengrui Medicine Co., Ltd., Lunan Pharmaceutical Group Co. Ltd., among others.
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