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Memantine Market to Reflect Steady Growth During 2018 – 2026

The drug received European marketing approval in 2002 and the U.S. Food and Drug Administration (U.S FDA) approval in 2003. The generic versions of the drugs are available since 2015.

The drug received European marketing approval in 2002 and the U.S. Food and Drug Administration (U.S FDA) approval in 2003. The generic versions of the drugs are available since 2015.

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<strong>Memantine</strong> <strong>Market</strong> -<br />

GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK,<br />

AND OPPORTUNITY ANALYSIS, <strong>2018</strong>-<strong>2026</strong><br />

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REPORT DESCRIPTION<br />

<strong>Memantine</strong> <strong>Market</strong> <strong>–</strong> Overview<br />

Increasing number of pipeline studies for use of memantine are expected <strong>to</strong> boost growth of the memantine<br />

market. For instance, in September 2016, Lille University Hospital started phase I clinical study for assessing<br />

the effects of memantine on cognitive behavior of patients associated with Alzheimer’s disease. The study is<br />

estimated <strong>to</strong> be completed by February 2019.<br />

Furthermore, Suven Life Sciences Limited is undergoing phase II clinical study for the comparative study on<br />

safety and efficacy of SUVN-502 along with memantine HCl and donezepil HCl for treating moderate<br />

Alzheimer’s disease. The study was started in September 2015 and is expected <strong>to</strong> be completed in May 2019.<br />

Increasing number of expired patents of drugs is a major fac<strong>to</strong>r hindering growth of the global memantine<br />

market. For instance, according Merz Pharmaceuticals, a Germany-based company, in Oc<strong>to</strong>ber <strong>2018</strong>, overall<br />

licensing income during patented period for memantine decreased due <strong>to</strong> expiration of patent protection in a<br />

majority of markets. For instance, according <strong>to</strong> Merz Pharmaceuticals, the U.S. licensing income for<br />

memantine declined <strong>to</strong> US$ 138.07 million in 2017-18 compared <strong>to</strong> US$ 183.34 million in year 2016.<br />

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REPORT DESCRIPTION<br />

<strong>Memantine</strong> <strong>Market</strong> : Regional Analysis<br />

North America is expected <strong>to</strong> hold dominant position in the global memantine market, owing <strong>to</strong> increasing<br />

number of generic versions of memantine in the U.S. market. For instance, in February <strong>2018</strong>, Lupin Limited<br />

announced the launch of its <strong>Memantine</strong> Hydrochloride Extended-Release Capsules in the U.S. market. The<br />

capsules are available in 7mg, 14mg, 21mg, and 28mg, for which company has received an approval from<br />

the U.S. FDA. These are indicated for the treatment of moderate <strong>to</strong> severe dementia of the Alzheimer’s<br />

disease.<br />

Furthermore, Asia Pacific is expected <strong>to</strong> witness significant growth in the global memantine market, owing<br />

<strong>to</strong> increasing focus of key players in manufacturing memantine tablets. For instance, in Oc<strong>to</strong>ber <strong>2018</strong>, Dr.<br />

Reddy’s Labora<strong>to</strong>ries launched memantine hydrochloride tablets in the Indian market. They are available in<br />

5mg and 10mg, equivalent <strong>to</strong> generic version of Namenda tablets, which were already available in the U.S.<br />

market in July 2015.<br />

Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/2255<br />

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REPORT DESCRIPTION<br />

<strong>Memantine</strong> <strong>Market</strong>: Key Players<br />

●<br />

●<br />

●<br />

●<br />

●<br />

●<br />

●<br />

Merz Pharmaceuticals<br />

Lupin Limited<br />

Allergan<br />

Novartis AG<br />

Daiichi Sankyo Company<br />

Ono Pharmaceutical<br />

Eisai<br />

View this report @<br />

https://www.coherentmarketinsights.com/ongoing-insight/memantine-market-2255<br />

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