Increasing competition from other biologics will continue to erode Enbrel's dominance in the psoriasis drug market, DR report concludes

12 February 2010

As a result of increasing competition from other biologic agents, Amgen/Pfizer/Takeda's Enbrel (etanercept) - the leading therapy in the psoriasis drug market in 2008 - will account for less than one-fifth of sales in the overall market in 2018, according to a new study from research and advisory firm Decision Resources.

In 2008, Enbrel garnered half of the psoriasis drug market share in the world's top seven markets ' the USA, France, Germany, Italy, Spain, the UK and Japan. However, Amgen reported flat sales of Enbrel in the fourth quarter of quarter of at $912 million, affected by a low single-digit decline in units sold due to increased competitive activity in dermatology, offset by an increase in average net sales price. For the full year, Enbrel revenues fell 3% to $3.49 billion (The Pharma Letter January26).

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK



Company News Directory



Companies featured in this story

More ones to watch >






Company Spotlight



More Features in Biotechnology