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Return to Growth for Pharmaceutical Sector: Surge in Drug Approvals, R&D Productivity and Investor Confidence to Drive Expansion Through 2018
Date:6/24/2013

orecast from last year," said Anthony Raeside, Head of Research for Evaluate. "While patent expirations still threaten to stifle growth, the market is expected to grow sluggishly in 2013 with a sustained recovery occurring in 2014."

In addition to assessing trends in prescription drug sales, the World Preview 2013 report also examines key topics including R&D spending, therapy category growth, the performance of marketed and pipeline products, and overall 2012 performance. Among this year's key findings:  

  • Pfizer reigned as the top pharmaceutical company in terms of worldwide prescription drug sales in 2012, with Novartis directly behind. By 2018, Novartis will take over as the biggest pharmaceutical company for worldwide prescription drug sales.
  • Worldwide pharmaceutical R&D spend is forecast at $149bn in 2018 growing at an average annual rate of 1.4% between 2012 and 2018.
  • Teva Pharmaceuticals remained the leading generic drug maker in 2012.
  • The anti-coagulant market will grow 11.5% between 2012 and 2018, achieving the highest worldwide sales growth of major therapy categories. Meanwhile, within the top 100 prescription products, biological products are expected to account for more than 50% of sales in 2018.
  • Orphan drugs are expected to account for $127bn of sales in 2018, representing 16% of the entire worldwide prescription market.
  • AbbeVie's Humira is forecast to be the world's biggest selling product in 2018.
  • Gilead's hepatitis C polymerase inhibitor, Sofosbuvir, remains the most valuable R&D product.

For more information on the 2013 Edition of the World Preview report, visit Evaluate booth #630 at the DIA meeting. The executive summary and full report are available for download at http:/
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SOURCE Evaluate Ltd.
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