NOVEL DRUG DELIVERY SYSTEM MARKET ANALYSIS

Leading Companies

Key industry players are adopting strategy such as geographical expansion and agreement with other companies to hold the lead in the novel drug delivery system market

Key industry players operating the novel drug delivery system market include Abbott Laboratories Limited, Johnson & Johnson, 3M Company, Bayer AG, Novartis AG, Teva Pharmaceuticals Industries Limited, Boston Scientific, AstraZeneca Plc., Sanofi SA, and Genzyme Co The key industry players are involved in applying strategies such as geographical expansion, low-cost strategy, agreement with other companies, and penetration strategy to hold the largest share in the highly competitive novel drug delivery systems market. For instance, Vetter Pharmaceutical and Microdermics Inc. have done strategic corporation agreement recently with each other to develop innovative micro needle drug delivery system.