A Marketplace to buy or sell anything Posted On : Jul-18-2011 | seen (59) times | Article Word Count : 426 |
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Orphan Drugs Market Set To Grow To Over $137bn In 2018 Health Articles | May 16, 2018
Lastly, the study of the pathogenesis of disease at genetic and molecular level studies have led to the discovery of new targets for therapy and producing disease modifying drugs.
LONDON, UK. 29th January 2018: Visiongain has launched a new pharma report Orphan Drugs Market Report 2018-2028: Forecasts and Analysis By Therapeutic Class (Oncology Darius Slayton Youth Jersey , Alimentary Tract & Metabolism, Hormonal Disorders & Haematology, Neuroscience, Respiratory Julian Love Youth Jersey , Cardiovascular, Nephrology and Ophthalmology), Drug Class (Biologic, Small Molecule) & By Region Plus Analysis of Leading Companies
聽An orphan disease is also known as rare disease where the health condition affects a smaller number of people that is often serious and life threatening as compared with other prevalent diseases in general population around the world. Many rare diseases exist due to genetic abnormalities that can be present throughout the person’s life even the symptoms may not appear immediately. In addition Oshane Ximines Youth Jersey , some rare diseases arise from exposure to toxin, infections or as an adverse reaction to other therapeutic treatments. As per the Global Genes estimation, around 7,000 rare diseases exist worldwide. Approximately 50 percent of the people affected by rare diseases are children.
聽The first Orphan drug act was passed in the US in 1983 to facilitate the development of orphan drugs. Under the orphan drug designation incentives are given to the sponsors to develop a new drug for rare disease. These incentives includes a partial tax credit for clinical trial expenditures Deandre Baker Youth Jersey , marketing exclusivity for years and waived user fees.
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