Pfizer Inc., Amgen Inc., Genentech, Inc. Dominated the Global igG4-Related Disease Market in 2021

The Global IgG4-Related Disease Market is expected to grow with a CAGR of 3.9% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below:

Access Full Report @ https://www.databridgemarketresearch.com/reports/global-igg4-related-disease-market

The global IgG4-related disease market is a highly consolidated market, which includes a specific number of key players. The market has witnessed increased strategic developments owing to favorable market scenarios.    

The major players dealing in the global IgG4-related disease market are introducing a strong range of product providers, launching new products, and adopting strategic initiatives such as acquisition and agreement. This helped companies to maximize sales with an enhanced product portfolio.

For instance,

  • In January 2020, Amgen Inc. announced successful strategic collaboration with BeiGene. It is predicted that this collaboration anticipated enhancing the company’s footprints in the China Oncology market in the coming years

Pfizer, Inc. is the dominating player in the global IgG4-related disease treatment market. The other key players existing in the market includes are Zydus Cadila, Hikma Pharmaceuticals PLC, Lannett, Sun Pharmaceutical Industries Ltd, Baxter, Viatris Inc., Amgen Inc., Sandoz International GmbH (a subsidiary of Novartis AG), Fresenius Kabi USA (a subsidiary of Fresenius SE & Co. KGaACipla Inc., Celltrion Healthcare Co., Ltd., Antares Pharma, Amneal Pharmaceuticals LLC., Accord-UK Ltd., Genentech, Inc., Ingenus Pharmaceuticals, STI PHARMA, SEBELA PHARMACEUTICALS, ANI Pharmaceuticals, Inc. among others.

IgG4-Related Disease MarketPfizer, Inc.

Pfizer, Inc was founded in 1849, and headquartered in New York, U.S. The company focused on providing the standard for quality, safety, and value in the discovery, development, and manufacturing of health care products, including innovative medicines and vaccines. It has the following business segments Biopharma, Upjohn, and Consumer Health, in which Biopharma is the market-focused segment. The company also provides various product categories, including Prescription Products, Assistance Programs, Medicine Safety in which the market focus products lie under Prescription Products.

For instance,

  • In November 2019, Pfizer, Inc. announced that its division named Upjohn is combined with Mylan N.V. and formed a new company named Viatris. This combination of the business division of the company with Mylan N.V. has increased its product portfolio, leading to increased demand for its product in the market

The company has a wide presence in North America, Europe, Middle East & Africa, Asia-Pacific. The company also has subsidiaries companies such as Pfizer Animal Health B.V. (Netherlands), Pfizer Asia International B.V.(Netherlands), Pfizer Australia Superannuation Pty Ltd ( Australia), Pfizer Dominicana, S.A.(Dominican Republic), and Pfizer Egypt S.A.E.(Egypt), among others.

Amgen Inc.

Amgen Inc. was founded in 1980 headquartered in Thousand Oaks, California, United States. The company is highly focusing on reducing the cost of healthcare and escalating its market presence.  Moreover, the company is concentrating on R&D on novel human therapeutics for the treatment of serious illnesses. It has the following business segment Human therapeutics, which is also the market-focused segment. The company provides various product categories, including Aimovig, Aranesp, AVSOLA, BLINCYTO, Corlanor, Repatha, Sensipar, Prolia, and Neulasta. The market-focused products are Prolia, XGEVA, AMGEVITA. The company has initiated many strategic initiatives to expand its market.

For instance,

  • In January 2020, Amgen Inc. announced successful strategic collaboration with BeiGene. It is predicted that this collaboration anticipated enhancing the company’s footprints in the China Oncology market in the coming years

The company has a wide presence across North America, Europe, South America, Asia-Pacific, Middle East, and Africa. The company also has various subsidiary companies Alantos Pharmaceuticals Holdings (Delaware), Amgen Canada Inc. (Ontario), Amgen Fremont Inc. (Delaware), Amgen GmbH Germany (Germany). Amgen Ilac Ticaret Limited Sirketi (Turkey), Amgen S.A.S. (France), among others.

Genentech, Inc.

Genentech, Inc. was founded in 1976, headquartered in South San Francisco, California. The company is dedicated to pursuing groundbreaking science to discover and develop medicines for people with serious and life-threatening diseases. The company also provides various product categories such as Our medicines & Products, the market-focused products.

For instance,

  • In September, Genentech, Inc. announced that the U.S. Food and Drug Administration (FDA) has approved Rituxan (rituximab), in combination with glucocorticoids, for treating of granulomatosis with polyangiitis (GPA) and microscopic polyangiitis (MPA) in pediatric patients 2 years of age and older. GPA and MPA are rare, potentially life-threatening diseases affecting small- and medium-sized blood vessels. This will help the company to expand its business and make the product profile strong

The company has a presence in North America.  The company has various subsidiary companies such as Jecure Therapeutics, Inc. (US), Tanox (US), Piramed Limited (UK), Anadys Pharmaceutical (US), Roche Laboratories, Inc. (US), among others.