TREPROSTINIL DRUGS MARKET ANALYSIS

Treprostinil Drugs MarketSize and Trends

Global Treprostinil Drugs Market – Dynamics

A significant value is being generated every year by the companies that are involved in manufacturing and selling of treprostinil. For instance, in September 2018, United Therapeutics Corporation announced its financial results for the year 2018, where it stated that that global sales for Treprostinil were valued at around US$ 599 million in 2018.

Moreover, key players in the market are focusing on various strategies such as mergers, agreements, and acquisitions which is expected to propel the market growth. For instance, in September 2018, United Therapeutics entered into collaboration with MannKind Corporation for the development and commercialization of MannKind Corporation’s clinical-phase dry powder formulation of treprostinil. Mannkind Corporation is expected to generate more than US$ 95 million through this collaboration. Moreover, under the above mentioned agreement United Therapeutics will be responsible for global development, commercial, regulatory activities, and manufacturing supplies of treprostinil while the MannKind Corporation agreed to manufacture clinical as well as initial commercial supplies of the product.