SEATTLE, July 08, 2021, (MEDGADGET) — Global Tourette Syndrome Treatment Market Analysis
Tics are caused by Tourette syndrome, a rare and serious neurological condition. Tic is a pattern of involuntary movements that are abrupt and non-rhythmic. It is caused by mutations in the SLITRK1 gene, which plays an essential part in nerve cell growth. This condition is most common in children between the ages of two and fifteen. There are four categories of tics: motor tics (uncontrolled body movements), vocal tics (sound outbursts), basic tics (involve just a few body parts), and complicated tics (involve several body parts). Tourette’s disease is linked to other neurocognitive issues such as impulsivity, reading and writing difficulties, and irrational symptoms. Neuroleptics are often used to cure Tourette syndrome, with haloperidol and pimozide among the most often used medications. Guanfacine and clonidine are two other drugs that can help with the strength of tics.
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The global Tourette syndrome treatment market is estimated to grow as a result of regulatory approvals. The Food and Drug Administration approved valbenazine orphan drug status for treating pediatric patients with Tourette syndrome on October 23, 2017, according to Neurocrine Biosciences Inc. Teva Pharmaceutical Industries and Nuvelution Pharma have declared an agreement on September 19, 2017 to produce AUSTEDO tablets for the diagnosis of tics associated with Tourette syndrome in pediatric patients in the U.S. This collaboration will accelerate the advancement of Austedo in Tourette syndrome by providing additional therapeutic opportunities to affected young patients more rapidly. The global Tourette syndrome treatment market is projected to rise as a result of these factors.
In addition, there have been a number of studies on the treatment of Tourette syndrome. Wesley Medical Research partnered with the University of Sydney in Australia in March 2019 to conduct a research study to see how medical cannabis could be used to treat people who have Tourette syndrome. This study would look at the effectiveness and safety of cannabinoids in terms of tic occurrence and clinical effects in people with Tourette syndrome.
In addition, the global Tourette syndrome treatment market is growing due to company acquisitions. Psyadon Pharmaceuticals and the rights to produce, label, and sell ecopipam, a Psyadon Pharmaceuticals investigational drug to treat Tourette syndrome in children under the age of 16, were acquired by Emalex Biosciences on August 14, 2018.
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Due to the participation of a significant number of main players such as Otsuka Holdings Co., Ltd, AstraZeneca PLC, and Catalyst Pharmaceutical Partners, Inc., North America is projected to hold a leading role in the global Tourette syndrome treatment market. In terms of sales, the U.S. dominates the market for syndrome treatment. As per the National Institute of Neurological Disorders and Stroke (NIH), about 2, 00,000 Americans have the most serious type of Tourette syndrome, with up to one of every 100 showing milder or less complicated signs such as vocal tics.
The global Tourette syndrome treatment market has been plagued by prescription withdrawals in late stages of clinical trials. Neurocrine Biosciences announced on December 12, 2018 that the phase IIb trial of valbenazine failed to reach the primary goal of reducing tic severity in young people with mild to serious diseases.
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Key companies contributing in the global Tourette syndrome treatment market are Janssen Pharmaceuticals, Inc., Apotex, Inc., Novartis AG, Neurocrine Biosciences Inc., Eli Lilly Pharmaceuticals, Torrent Pharmaceuticals Limited, Otsuka Pharmaceutical Co., Ltd., Zydus Pharmaceuticals, and Teva Pharmaceuticals.
Table of Content
Global Tourette Syndrome Treatment Market Research Report
Section 1: Global Tourette Syndrome Treatment Industry Overview
Section 2: Global Economic Impact on Tourette Syndrome Treatment Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Tourette Syndrome Treatment Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Tourette Syndrome Treatment Market Forecast
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