Biologics Market

What are Biologics?

A biologic is the product of a biological process, of biological origin. Usually, the sources of biologics are cells and tissues. Use of biologics are manifold in research, diagnostic and therapeutic:

Biologics have a vast range of applications:

Market of Therapeutic Antibodies

There are more than 900 biological therapeutics at various stages of development which include monoclonal antibodies, vaccines, antisense, cells, genes, growth factors, interferons, and recombinant proteins. A third of all new therapeutic drugs are monoclonal antibodies, and the market continues to grow fast. According to estimations in 2013-2014 the global combined annual growth rate of monoclonals is 5.3%. There are over 30 approved therapeutic biological drugs in the US market and these are used in difficult diseases such as breast cancer, leukaemia, asthma, arthritis, inflammatory bowel disease (IBD) and transplant rejection.

Slide1

The global market that includes new markets in Asia is also growing substantially, expected to reach nearly 60 Billion in 2016. This puts a pressure on supply chain and more research for better products and also products that are affordable for the global health market. This supply chain demand should be very important for the biotech and research industries in high growth Asian regions.

Example of Therapeutic Monoclonals

The following antibodies are drugs used in immune mediated conditions.

Slide3