Drug Delivery Companies Hop On the Transdermal Express

Transdermal drug delivery has come a long way since the first patch for seasickness. In a drug delivery device industry on track to reach almost $23 billion by the year 2011 (according to "US Markets for Drug and Fluid Delivery Devices," published in October 2007 by Windhover Information's Medtech Insight division) the transdermal sector will grow at a faster rate than injection or inhalation drug delivery systems. Transdermal delivery technologies will grow at a compound annual rate of more than 11% over the next four years, building up to sales of $3.5 billion in the year 2011.

Anyone who’s prone to sea sickness can appreciate the marvel of transdermal drug delivery. When keeping ones’ eyes focused on the horizon doesn’t quell the queasy feeling that comes with motion sickness, a patch of scopolamine behind the ear does wonders. Transderm Scop, introduced to the market in 1981, was one of the first transdermal drug formulations. The industry has come a long way since then, and indeed, in a drug delivery device industry on track to reach almost $23 billion by the year 2011 (according to " US Markets for Drug and Fluid Delivery Devices," published in October 2007 by Windhover Information’s Medtech Insight division) the transdermal sector will grow at a faster rate than injection or inhalation drug delivery systems. ( See Exhibit 1.) Transdermal delivery technologies will grow at a compound annual rate of more than 11% over the next four years, building up to sales of $3.5 billion in the year 2011, according to the report.

As always, patches for pain management will account for a good percentage of that growth, sustaining the double-digit growth that...

More from Archive

Final Chance To Have Your Say: Take Scrip's Reader Survey This Week

 

Editor’s note: This is your final call to participate in the survey to better understand our subscribers’ content and delivery needs. The deadline is 20 September.

Shape Our Content: Take The Reader Survey

 

Editor’s note: We are conducting a survey to better understand our subscribers’ content and delivery needs. If there are any changes you’d like to see in the coverage topics, content format or the method in which you receive and access Scrip, or if you love it how it is, now is the time to have your voice heard.

Galapagos Expands Point-Of-Care CAR-T Study To The US

 

CEO Paul Stoffels said gaining US clearance for an IND for its novel CAR-T product was demanding, but now opens up a pathway towards a pivotal study starting in 2025.

Analysts Split On Eisai’s Chances Of Changing EU Regulator’s Mind On Leqembi

 

A final rejection of Leqembi could also spell the same fate for Lilly’s rival drug but public outcry and demand for Alzheimer’s therapies might force the regulator’s hand

More from Scrip