Companies In The Global G-CSF (Granulocyte Colony Stimulating Factors) Market Are Focusing On Mergers And Acquisitions And Strategic Partnerships To Survive In The Increasingly Competitive Market
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According to The Business Research Company’s study of the Global Granulocyte Colony Stimulating Factors MarketThe focus of many companies in the G-CSF market has shifted to increasing mergers and acquisitions to acquire more manufacturing capacity. Large, high-quality manufacturers set up joint ventures or buy small or medium-sized businesses in order to acquire new skills or gain access to new markets.
For example in June 2019, Pfizer Inc., a US-based pharmaceutical company, acquired Array BioPharma Inc. for $ 48 per share in cashfor a total enterprise value of approximately $ 11.4 billion. This acquisition strengthens Pfizer’s innovative biopharmaceutical business and should accelerate its growth trajectory, particularly in the long term. Array BioPharma, a US based company, is focused on the discovery, development and commercialization of targeted small molecule drugs for the treatment of cancer patients.
The G-CSF (Granulocyte Colony Stimulating Factors) market consists of the sale of G-CSF drugs and related services. G-CSF-based drugs stimulate the bone marrow to produce granulocytes and stem cells and release them into the bloodstream. G-CSF also stimulates the survival, proliferation, differentiation, and function of neutrophil precursors and mature neutrophils through signaling pathways.
Drugs based on factors that stimulate granulocyte colony are used to treat various pathophysiological conditions such as neutropenia (febrile neutropenia), acute radiation syndrome, autoimmune diseases, and during stem cell transplantation.
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Business Research Company’s Report, titled G-CSF (Granulocyte Colony Stimulating Factors) Global Market Report 2020-30: COVID-19 Growth and Change Covers Major G-CSF Companies, Granulocyte Colony Stimulating Factors Market Share By Company, G- CSF Manufacturers, CSF Market Size, and Granulocyte Colony Stimulating Factors market forecast.
The G-CSF market is concentrated and a small number of large players dominate the market. The eight best competitors in the market made up to 89.1% of the total market. The market is highly competitive. Companies in the market are facing the completion of new product developments and technological advances. Major players in the market include Amgen Inc., Coherus Biosciences Inc., Sandoz (Novartis), Biocon / Mylan, Teva Pharmaceutcals Inc., Chugai Pharma Inc., Intalfarmaco Group and Pfizer.
Companies in the market for granolocyte colony stimulating factors increase their product innovation through strategic collaborations. In the increasingly competitive marketcompanies develop innovative products as well as sharing skills and expertise with other companies. While companies have long been working in this market through partnerships, in or out licensing deals, as well as with academic and research institutions, this trend has increased in recent years.
For example in September 2020, Humane, a clinical-stage biopharmaceutical company that has been partnered with Lonza and Catalent Expansion of the production of the COVID-19 therapy candidate lenzilumab. Lenzilumab is the patented one Humaneered® Anti-Human Granulocyte Macrophage Colony Stimulating Factor (GM-CSF) Monoclonal Antibody with the potential to prevent and treat cytokine storms, which are believed to cause acute respiratory distress syndrome in severe COVID-19 cases.
G-CSF (Granulocyte Colony Stimulating Factors) Market Report 2020-30: COVID-19 Growth and Change is part of a series of new reports from The Business Research Company that provide G-CSF market overviews, analyze and Granulocyte Colony Stimulating Factors forecast market size and growth for the whole market, G-CSF market segments, and G-CSF market geographies, trends, market drivers, market restraints, revenue, profiles, and market shares of the market-leading competitors of G-CSF (Granulocyte Colony Stimulating Factors) 1,000 industry reports covering over Covering 2,500 market segments and 60 regions. The report also includes an in-depth analysis of the impact of COVID-19 on the market.
The reports draw on 150,000 data sets, extensive secondary research and exclusive insights from interviews with industry leaders. A very experienced and competent team of analysts and modelers provides market analyzes and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and the approaches of leading competitors.
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