INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
The Asia-Pacific (APAC) region presents a unique landscape for orphan drugs, catering to a population affected by rare diseases. This comprehensive article delves into the commercialization strategies employed by marketing leaders within this domain. Orphan drugs, designed for diseases impacting a small fraction of the population, pose distinct challenges in pricing, regulatory compliance, and market access. The article explores the prevalence of rare diseases in APAC, outlining the diverse regulatory environments across countries like Japan, Taiwan, and China. It analyzes the market size, growth projections, and key players in the pharmaceutical industry focusing on orphan medications. The article highlights the regulatory hurdles, emphasizing the complexities arising from varied standards, certification procedures, and intellectual property rights. Additionally, it underscores the need for increased awareness, streamlined regulatory frameworks, and improved access to specialized care for individuals affected by rare diseases. The article concludes by envisioning future prospects, including advancements in gene therapies and personalized medicine, that are poised to revolutionize the landscape of orphan drugs in the APAC region.
Keywords:
Orphan drugs APAC, rare diseases, commercializing strategies of orphan drugs, regulatory hurdles for orphan drugs, Market Landscape Rare Diseases APAC
Cite Article:
"Orphan Drugs: What are the Commercializing Strategies of Marketing Leaders of Orphan Drugs in APAC", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 2, page no.d691-d702, February-2024, Available :http://www.ijnrd.org/papers/IJNRD2402372.pdf
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2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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