NEW YORK (GBI Research), 05 April 2012 - Antiviral drugs for HIV/AIDS patients will become more expensive as doctors embrace new, highly-priced combination treatments, according to a new report by pharmaceutical industry experts GBI Research.
The new report* shows that, in 2002, the annual treatment for HIV/AIDS cost an average of $9,971. This grew substantially at a compound average growth rate (CAGR) of 3.2% to $12,829 in 2010. Correspondingly, revenue from the global HIV/AIDS therapeutics market grew at a CAGR of 10.9% during 2002-2010.
The annual cost of treatment for HIV/AIDS has increased steadily over the past decade, due to the launch of new combination therapies. One example is the new, multi-class combination drug Atripla, a form of Highly Active Anti-Retroviral Therapy (HAART). Sales of Atripla have soared over the last three years, demonstrating a CAGR of 136%. These expensive treatments have proven their worth through impressive efficacy, particularly in patients who have developed a resistance to other HIV/AIDS drugs.
This year will see the patent expiries of key drugs such as Sustiva and Combivir, while other medications such as Epivir, Epzicom, Trizivir, Ziagen, Invirase and Lexiva went off-patent in 2009 and 2010. However, it is thought that the impact of new generics will be partially offset by increasing use of new and more expensive drug treatments.
The HIV/AIDS therapeutics market is expanding, due to decreased mortality and increasing treatment-seeking rates, which has encouraged further pharmaceutical innovation. Gilead filed a New Drug Application (NDA) for Quad, a combination of Gilead’s pipeline candidate Elvitegravir, Cobicistat and its currently marketed HIV drug Truvada. Late-stage pipeline drugs Edurant and Vicriviroc are also expected to enter the market during the forecast period, and will act as future drivers for growth.
*Antivirals Market to 2016 - Antiretroviral Agents and Combination Therapies to be Major Drivers HIV and Hepatitis C Markets
This report provides essential insights into antivirals therapeutics sales forecasts until 2017. The report covers the key geographies of the US, the top five countries in the European region and Japan. Insights into the antiviral research and development pipeline and the potential future blockbusters by 2017 are included. The report provides an in-depth analysis of HIV, hepatitis, herpes and influenza therapeutic indications, and includes market forecasts and treatment usage patterns for these four therapeutic indications. The report also explores the competitive landscape, including benchmarking for the top companies in the market. Finally, a key trend analysis for mergers and acquisitions and licensing agreements involving antiviral therapies is also presented.
This report was built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research’s team of industry experts.
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