LARGE VOLUME WEARABLE INJECTORS MARKET ANALYSIS
Drugs with longer half-lives, the pharma companies need think the pros and cons between injections and auto-injector and less common injections from a wearable injector
According to Vice-President, Corporate Development, Enable Injections, the increased cost to bring a single pharmaceutical drug into market, which is estimated to be around US$ 2.6 billion in 2015, is a huge expenditure for a new developing pharma company and have a greater burden to make the most of revenue and stay ahead of many pharma and medical device competitors. Pioneering products are high risk/high reward, with various companies focusing on developing first-in-class treatments, with only the most effective surviving in the market. The collaboration between various companies makes provides for highly lucrative opportunities for both large volume wearable injectors market and wearable medical devices market.
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