MICROSCOPIC POLYANGIITIS MARKET ANALYSIS
Microscopic Polyangiitis Market Regional Analysis
Europe microscopic polyangiitis market is expected to witness significant growth over the forecast period, owing to proposed product launches. For instance, Bristol-Myers Squibb Company is conducting phase lll clinical trials for Abatacept (Orencia), which is expected to be completed by September 2022. Orencia is a recombinant protein, which inhibits the T lymphocyte activation pathway, thereby suppressing the immune system.
In March 2018, Amerigen Pharmaceuticals Limited, a China-based generic pharmaceutical company, was granted approval for its Abbreviated New Drug Application (‘ANDA’), by the U.S. FDA, for its cyclophosphamide capsules 25mg and 50mg. Cyclophosphamide is an immunosuppressive agent used for the treatment of microscopic polyangiitis in combination with corticosteroids. This is expected to propel the Asia Pacific microscopic polyangiitis market growth over the forecast period in turn supporting global microscopic polyangiitis market growth.
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