Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Dec 07, 2020

Nirmal Bang: Evaluating gCopaxone Opportunity For Potential New Entrants

Nirmal Bang: Evaluating gCopaxone Opportunity For Potential New Entrants
Tablets exit a machine. (Photographer Krisztian Bocsi/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

Prior to the approval of first generic copy (Sandoz – Glatopa) in 2015, the Copaxone brand had annual sales of $3.5 billion in the U.S.

However, we have seen the opportunity erode faster than expectations as we have witnessed an overall decline in the Copaxone prescription volumes in multiple sclerosis markets where it is positioned.

Between 2015 and now, the product has lost about 700 basis points in market share and seen approximately 20-25% decline in volumes.

Emergence of new treatment options is the primary contributor to the decline in Copaxone's market share.

Click on the attachment to read the full report:

Nirmal Bang Pharmaceutical Sector Update -04 December 2020.pdf
VIEW DOCUMENT

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

To continue reading this story
You must be an existing Premium User

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search