Novartis AG, Janssen Pharmaceuticals, Inc. (A Subsidiary of Johnson & Johnson Services, Inc.), and AbbVie Inc. are Dominating the Japan Palmoplantar Pustulosis (PPP) Market In 2019

The Japan Palmoplantar Pustulosis (PPP) Market is expected to grow with the CAGR of 5.8% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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The Japan palmoplantar pustulosis (PPP) 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 the Japan palmoplantar pustulosis (PPP) market are introducing strong range of products provider along with launching new products 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 2020, Bristol-Myers Squibb Company participated in UBS Virtual Conference. As the company is engaged in the development and delivery of innovative medicines for various kinds of chronic diseases involving palmoplantar pustulosis, this participation helped the company to enhance its reputation and to enhance physicians' and patient’s awareness regarding various products the company is offering.

Novartis AG is the dominating player in the Japan palmoplantar pustulosis (PPP) market. The other key players existing in the market includes Eli Lilly and Company, Boehringer Ingelheim International GmbH, Amgen Inc., Janssen Pharmaceuticals, Inc. (A Subsidiary of Johnson & Johnson Services, Inc.), AbbVie Inc., Bristol-Myers Squibb Company, Perrigo Company plc, ingenus Pharmaceuticals, F. Hoffmann-La Roche Ltd, WOCKHARDT, Bausch Health Companies Inc. Mylan N.V., ALEOR Dermaceuticals Limited, Amneal Pharmaceuticals LLC., Xiromed and Encube Ethicals among others.

Japan Palmoplantar Pustulosis (PPP) Market

Novartis AG:

Novartis AG was founded in 1996. The company is headquartered in Basel, Switzerland. The company focuses on innovating new solutions for various health care challenges. The company business segment is innovative medicines, Sandoz. The company is engaged in providing products in categories such as cancer, cardiovascular, renal & metabolism, immunology & dermatology, ophthalmology, neuroscience, respiratory, in which immunology & dermatology is the market focused category.

For instance,

  • In January 2019, Novartis AG obtained positive results from different clinical trials conducted under Phase 3 for Cosentyx in order to treat patients with moderate to severe plaque psoriasis, the disease which involves the formation of pustules on affected body parts such as palms and feet. The result obtained allowed the company to penetrate its root in the palmoplantar pustulosis market.

The company has wide presence across Americas, Asia-Pacific, and Europe/Middle East/Africa. The company has various subsidiary companies such as Novartis Argentina S.A., Buenos Aires (Argentina), Novartis Australia Pty Ltd, Macquarie Park, NSW (Australia), Novartis Austria GmbH, Vienna (Austria), Novartis Pharma NV, Vilvoorde (Belgium) and Sandoz (China) Pharmaceutical (China) among others. The company has initiated many strategic initiatives to expand its market.

Janssen Pharmaceuticals, Inc. (A Subsidiary of Johnson & Johnson Services, Inc.)

Janssen Pharmaceuticals, Inc. (A Subsidiary of Johnson & Johnson Services, Inc.) was incorporated in 1961 and is headquartered in New Jersey, U.S. The company is focused on providing innovative solutions for most of the devastating disease in various therapeutic areas involving cardiovascular, immunology among others. The company business segment is pharmaceuticals, consumer and medical devices. The company is providing products under cardiovascular & metabolism, immunology, infectious diseases & vaccines, neuroscience, oncology, other. The market focus products lie under immunology. The company is engaged in continuous development of Palmoplantar pustulosis treatment.

For instance,

  • In July 2017, Janssen Pharmaceuticals, Inc. (A Subsidiary of Johnson & Johnson Services, Inc.) received U.S. FDA approval for treatment of plaque psoriasis, a disease that has also reported to cause pustules over the palm. This approval suggested that the drug STELARA (ustekinumab) has the efficacy to treat severe psoriasis type by blocking the IL-23. This approval allowed the company to enhance product sales which boosted the company’s revenue.

The company has wide presence across the America, Europe, Middle East & Africa, Asia-Pacific. The company also has various subsidiary companies such as Janssen-Cilag A/S (Denmark), Janssen Pharmaceutica (Pty.) Ltd. (South Africa), Johnson & Johnson del Perú SA (Peru), Janssen-Cilag Farmacêutica Ltda. (Brazil) and Janssen Pharmaceuticals, Inc. (U.S) among others.

AbbVie Inc.

AbbVie Inc. is headquartered in North Chicago, Illinois, U.S.A., was incorporated in 2013. The company is a research-driven biopharmaceutical company having a great focus on treating diseases in order to make a remarkable impact on people's lives. The company has multiple business segments such as immunology, hematologic oncology, HCV, other key products, in which the market focused segment is immunology. The company is providing products under androgel (testosterone gel), Creon (pancrelipase) delayed-release capsules, depakote (divalproex sodium) tablets, gengraf capsules (cyclosporine capsules, USP), gengraf oral solution (cyclosporine oral solution, USP), duopa (carbidopa/levodopa enteral suspension), humira (adalimumab), kaletra (lopinavir/ritonavir) Tablets and kaletra (lopinavir/ritonavir) oral solution, lupron depot (leuprolide acetate for depot suspension) uro, mavyret (glecaprevir/pibrentasvir), NORVIR Tablets (ritonavir tablets/oral solution), orilissa (elagolix) tablets, TARKA (trandolapril/verapamil HCI ER) among others in which gengraf Capsules (cyclosporine capsules, USP), gengraf oral solution (cyclosporine oral solution, USP), humira (adalimumab) are the market focused products.

For instance,

  • In May 2019, AbbVie Inc. resolved the litigation associated with Boehringer Ingelheim (BI) for HUMIRA, an adalimumab drug. As per this resolution agreement, AbbVie Inc. will grant Boehringer Ingelheim (BI) a nonexclusive license for HUMIRA-related intellectual property in the United States. This patent resolution has helped the company to access another biosimilar manufacture and allowed it to overcome the challenge to fix a strong foot in the market.

The company has wide presence across Africa, Asia-Pacific, Europe, Latin America, Middle East, North America, and South America. The company also has various subsidiary companies such as Knoll Pharmaceutical Company (New Jersey), AbbVie S.A. (Argentina), AbbVie Pty Ltd (Australia), AbbVie SA(Belgium) and AbbVie SAS(Colombia) among others.