Mallinckrodt, Hikma Pharmaceuticals PLC and Mylan N.V are Dominating the Global Cardiac Sarcoidosis Market in 2019

Global Cardiac Sarcoidosis Market is expected to grow with the CAGR of 13.6% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Global cardiac sarcoidosis market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.    

The major players dealing in global cardiac sarcoidosis market are introducing strong range of drugs provider along with launching new off label drugs and adopting strategic initiative such as acquisition, agreement into the market. This helped companies to maximize the sales with enhanced product portfolio. For instance, in May 2018 Hikma Pharmaceuticals PLC launched methotrexate injection, USP and methotrexate for injection, USP which is use for cardiac sarcoidosis treatment. This product launch helped the company to overcome the methotrexate shortage in the U.S. and hence helped the company to maintain strong R & D, regulatory, and manufacturing capabilities.

Mallinckrodt is the dominating player in global cardiac sarcoidosis market. The other key players existing in the market includes Teva Pharmaceuticals USA, INC. (A Subsidiary Of Teva Pharmaceutical Industries Ltd.), Hikma Pharmaceuticals PLC, Genentech, INC. (A subsidiary of F. Hoffmann-La Roche Ltd), sanofi-aventis U.S. LLC, Mylan N.V., Zydus Pharmaceuticals (USA) INC. (A Subsidiary Of Zydus cadila ), Amneal Pharmaceuticals LLC., Araim Pharmaceuticals, Inc., AbbVie Inc., Pfizer Inc., RELIEF THERAPEUTICS Holding SA, Sandoz AG (A Subsidiary of Novartis AG), Fresenius Kabi USA (A subsidiary of Fresenius SE & Co. KGaA), Merck Sharp & Dohme Corp.  (A Subsidiary of Merck & Co., Inc.), Salix Pharmaceuticals (A Subsidiary of Bausch Health Companies Inc.) and Janssen Pharmaceuticals, Inc. (a subsidiary of Johnson & Johnson Services), among others.

Mallinckrodt

 Mallinckrodt is headquartered in Surrey, United Kingdom and was founded in 1867 and mainly focuses on making high quality products for various application including autoimmune and rare diseases in specialty areas like neurology, rheumatology, pulmology, ophthalmology and nephrology. The company also offers neonatal respiratory critical care therapies and analgesics and gastrointestinal products. The company operates in two business segments including specialty brands and specialty generics. In this specialty brands is the market focused segment. The company offers specialty brands, specialty generics, as their product categories in which specialty brands is the market focused category.   

• In April 2020, Mallinckrodt sponsored an awareness program launched by the American Lung Association (ALA) and the Foundation for Sarcoidosis Research (FSR) with an aim to provide sarcoidosis sufferers to learn more about how to protect them, so that patients can empower themselves to fight against such a chronic disease and can follow some measures to protect themselves from cardiac sarcoidosis. This awareness campaign launch helped the company to enhance its public profile.

The company has wide presence across Europe, North America and Middle East & Africa. The company also has various subsidiary companies such as Mallinckrodt Medical Argentina Ltd., Argentinean Branch (Argentina), Mallinckrodt Australia Pty Ltd (Australia), Mallinckrodt do Brasil, Ltda. (Brazil), Comercializadora Mallinckrodt Chile Limitada (Chile) and Mallinckrodt Colombia SAS (Colombia), among others.

Hikma Pharmaceuticals PLC

Hikma Pharmaceuticals PLC headquartered in London was founded in 1978. The company focuses on creating high quality medicines and make them accessible to people who need them. The company has wide product portfolio including generic name, brand equivalent, therapeutic category, non injectables and injectables, among which brand equivalent and generic name are the market focused product categories.

• In July 2019, Hikma Pharmaceuticals PLC and Civica entered into five year agreement to reduce the generic drug shortage in the U.S. As most of the drugs used for the treatment of cardiac sarcoidosis are available as generic drugs which involves methotrexate among others. This agreement helped the company to maintain a continuous drug supply and hence helped it to expand its manufacturing capabilities by doing significant investment.

The company has wide presence across Algeria, Italy, Portugal, Egypt, Jordan, Tunisia, Germany, KSA, UAE, Iraq, Morocco and the U.S. The company also has various subsidiary companies such as Hikma Pharmaceuticals Co. (Jordan), Trust Pharma Co. (Algeria), Hikma Farmacêutica (Portugal), West-ward Pharmaceutical Corp. (USA), Pharma Ixir Co. (Sudan) and Istituto Biochimico Pavese Pharma S.P.A (IBPP) (Italy), among others.

Mylan N.V. 

Mylan N.V. is headquartered in Pennsylvania, United States. The company mainly works in healthcare domain with the production of drugs including prescription generic, branded generic, brand-name and biosimilar drugs, as well as over-the-counter remedies. The company has a wide product portfolio which involves biosimilars, generics, brand, over the counter, API and product catalog, among which product catalog is the market focused category.

• In April 2018, Mylan N.V. comes under partnership with Fujifilm Kyowa Kirin Biologics for the commercialization of Humira (adalimumab) which is manufactured by Fujifilm Kyowa Kirin Biologics. Through this partnership agreement Mylan N.V. leverages its platform for product approval and commercializes it in Europe. This partnership agreement helped the company to enhance its sales and have a positive impact on company’s revenue.

The company has wide presence across North America, Europe, South America, Asia Pacific and Middle East & Africa. The company also has various subsidiary companies such as Agila Australasia Pty Ltd (Australia), Alphapharm Pty. Ltd. (Australia), Meda Pharmaceuticals Pty Ltd (Australia), Mylan Australia Holding Pty Ltd (Australia), Mylan Health Pty. Ltd. (Australia) and Arcana Arzneimittel GmbH (Austria), among others.