The anti-obesity drug market, which is dominated by off-patent orlistat, Swiss pharma major Roche’s (ROG: SIX) Xenical brand, is expected to increase from $750 million in 2012 to $2.6 billion in 2019, at a Compound Annual Growth Rate (CAGR) of 20.7%; but the small number of therapeutics in late-stage development will limit the market growth way below its potential, says a new report from business intelligence provider GBI Research.
According to the company’s latest report, the forecast growth can be attributed to the anticipated performance of the recently-approved Qsymia (phentermine and topiramate extended-release from Vivus; Nasdaq: VVUA), which has proven to be superior in terms of efficacy for the long-term treatment of obesity. But the successful sales of Qsymia will be dependent on it being proven safe in the long-term and remaining on the market - a trend not historically seen with obesity drugs.
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