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Thebaine Market With Latest Trends, Regulations And Competitive Landscape Outlook 2028 | Alcaliber S.A., Sanofi S.A., Faran Shimi pharmaceutical Co

January 7th, 2022 Coherent Market Insights Releases

Overview: –

Codeine methyl enol ether is an opioid alkaloid most commonly known as thebaine. Despite the fact that thebaine contains only a trace of opium, it is chemically equivalent to morphine and codeine. Thebaine includes stimulatory results rather than depressant outcomes. Thebaine is a white crystalline powder. It is mildly soluble in fluids. It is a fatal substance that resembles morphine. Thus, it was expressed to be a toxic alkaloid. After taking a high dose, thebaine can result in severe seizures, which is equivalent to strychnine poisoning. The artificial enantiomer of thebaine exhibits analgesic outcomes. These had been negotiated via opioid receptors. The pharmacodynamics of thebaine is that it has a stimulatory impact by operating on opioid receptors, which exist in the central nervous system. Thebaine is the primary alkaloid extracted by using papaver bracteatum. It can be recycled industrially into several compounds like buprenorphine, nalbuphine, naloxone, naltrexone, oxycodone, and oxymorphone, which have therapeutic applications. In the United Kingdom, thebaine is recorded as a type A narcotic under the Misuse of Drugs Act 1971. It has also been recorded as a Schedule II Drug based on the Analog Act in the US. In the Canadian region, thebaine is documented as a Schedule 1 Narcotic substance under the Controlled Drugs and Substances Act.

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Drivers: –

Several new campaigns promoting drug abuse treatment were expected to propel the global thebaine market forward. In 2018, the Trump Administration released a multi-million-dollar opioid awareness campaign for a young adult audience. This movement desires to restrain opioid addiction among the young audience. Along with that, this movement extends awareness by conveying real-life stories of drug addicts to educate younger populations. Based on the survey published in 2018, by the Substance Abuse and Mental Health Services Administration, an average of 116 individuals suffer from an opioid problem every year in the US. Government campaigns like these, along with the rising number of casualties from the opioid problem, have been anticipated to motivate individuals to cut off their drug addiction by implementing various treatments.

A vital channel of thebaine narcotics had been anticipated to drive the global thebaine market growth. In 2017, the National Institute of Health and Welfare’s drug Naloxone hydrochloride 20 mg/ml finished phase 2 clinical tests. For the treatment of opioid drug misuse, Naloxone hydrochloride is used.

In 2016, the University of British Columbia’s medication, Naloxone, finished phase 2 of the FDA. This drug can be utilized as a pain medication for the post-surgical process, along with acute pain treatment. In 2016, Trevi Therapeutics’ narcotic Albuphine HCL ER pills 90 mg finished phase 2 of the FDA. These pills are used for the treatment of a nodular skin infection known as Prurigo nodularis.

The rise in substance abuse patients has anticipated the growth of the global thebaine market. Based on an analysis done by the Center for Disease Control and Prevention (CDC), more than 2 million casualties occurred in 2017 due to opioid overdose.

The ban on thebaine has affected the growth of the global thebaine market. Likewise, in 2017, the FDA recommended that manufacturers remove oxymorphone from the market due to the opioid crisis.

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Regional Analysis: –

By using their strong channels in the global thebaine market, the North American market has monopolized its position in the market. Similarly, the New York State Psychiatric Institute’s drug Pioglitazone (oxycodone) completed Phase 2 clinical testing in 2016.This medication had utilized to treat opioid abuse. The new drug release is supposed to grow the global thebaine market. In 2017, a specialty pharmaceutical developer, ANI Pharmaceuticals Inc., established Oxycodone Hydrochloride Oral Solution 100m/5ml. These are used for the treatment of critical discomfort.

The European thebaine market is supposed to see notable growth based on the vital channel of thebaine drugs. Likewise, in 2017, the University Children’s Hospital’s anesthetic Nalbuphine finished Phase 1 clinical tests. These pills are utilized for the treatment of discomfort associated with intravenous injections, particularly for usage in the newborn population.

The new release of generic medications is supposed to assist the Asia Pacific thebaine market development. In 2017, a global pharmaceutical company, Daiichi Sankyo Company Ltd., established a generic edition of an oxycodone immediate-release formulation. This medication is used for the treatment of cancer pain.

Key Players: –

Major companies working in the global thebaine market include

  • Alcaliber S.A.,
  • API Labs Inc.,
  • Faran Shimi pharmaceutical Co.,
  • Noramco Inc,
  • Mallinckrodt Pharmaceuticals,
  • Tasmania Alkaloids Pvt. Ltd., and
  • Sanofi S.A.

Taxonomy: –

By Applications: –

Buprenorphine

Nalbuphine

Naloxone

Naltrexone

Oxycodone

Oxymorphone

Others

By Distribution Channels: –

Hospitals/Clinics

Online Pharmacies

Retail pharmacies

By Region: –

Africa

Asia Pacific

Europe

Latin America

Middle East

North America

𝗦𝗮𝗹𝗲 𝗜𝘀 𝗟𝗶𝘃𝗲!

𝗕𝘂𝘆 𝗡𝗼𝘄 𝗧𝗼 𝗚𝗲𝘁 𝗙𝗹𝗮𝘁 𝟯𝟬 % 𝗢𝗳𝗳

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact:

Coherent Market Insights
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Email: sales@coherentmarketinsights.com
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