During the forecast period from 2012-2022, the growth of the UC market will be driven largely by the entry of Johnson & Johnson’s (J&J’s) Simponi and Takeda’s Entyvio, which will lead to an increase in the overall number of patients being treated with biologics in the US, 5EU, Japan, and Canada. Another key event affecting the UC market is the anticipated launch of biosimilars, given that the patent expiry of the UC blockbusters, Remicade and Humira are set to expire in the US in 2018 and 2016, respectively.
Overprescribing of medicines is common in China, as the revenue generated pays for the few quality hospitals that are available. To prevent overprescribing, the Chinese government recently cut the maximum price of about 1,200 commonly used drugs. Also, as a result of China’s progress in reforming its healthcare system under the Five-Year Plan, basic medical coverage had reached more than 90% of the Chinese by the end of 2011.
Complete report is spread across 88 pages is available @ http://www.reportsnreports.com/reports/282179-pharmapoint-ulcerative-colitis-china-drug-forecast-and-market-analysis-to-2022.html .