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Patent Law

: Patent Docs

Future Drug Sales Predictions Highlight Importance of Follow-on Biologics Legislation

By Donald Zuhn, Kevin Noonan, Chris Singer, Sherri Oslick, and Jason Derry

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By Kevin E. Noonan -- As reported last week by FierceBiotech, EvaluatePharma, a market forecasting firm specializing in the life sciences sector, released its prediction on the future of the pharmaceutical industry. According to EvaluatePharma, six of the top ten selling drugs by 2014 will be biologics. Today, half of the top ten best-selling drugs are conventional small molecule drugs, as shown in the table below; in terms of sales, these drugs account for about 61% of the revenues garnered by the top ten best-selling drugs. Top 10 Drug Products by Sales in 2008 EvaluatePharma predicts this situation will change...

Full post as published by Patent Docs on June 22, 2009 (boomark / email).

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