The central participants are zeroing in on raising money to support innovative work on novel remedial ways for the treatment of myelodysplastic disorder (MDS), and to grow their item portfolio and presence on the lookout. In March 2020, Keros Therapeutics, Inc., a biotechnology organization settled in Massachusetts, United States, declared gathering pledges of US$ 56 million in Series C support, bringing its all-out adventure subsidizing to US$ 78.5 million to date. The Series C funding was driven by new financial backers, Foresite Capital, OrbiMed, Cowen Healthcare Investments, and Venrock. Certain current financial backers of Keros additionally took an interest, including Pontifax, Arkin Bio Ventures, Partners Innovation Fund, Global Health Sciences Fund, and Medison Pharma.
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Effect of the Coronavirus (COVID-19) Pandemic
The COVID-19 pandemic has impacted different ventures internationally. Due to the COVID-19 pandemic, players in the myelodysplastic syndrome (MDS) treatment markets in the United States, Europe, and China are facing significant challenges on multiple fronts. Production networks and assembly exercises in China, Italy, Spain, the United Kingdom, and the United States have been disrupted as a result of state-run administration lockdowns over the last few months, while countries such as Saudi Arabia, the United Arab Emirates, Egypt, and others are dealing with issues concerning the transportation of medication items. As a result of the COVID-19 pandemic, various manufacturing organizations are experiencing shortages in drug items used to treat various illnesses such as blood disease, MDS, and others. December 2020, the U.S. Food and Drug Administration declared the deficiency of Azacitidine for infusion in the U.S. Azacitidine for infusion has been demonstrated for the therapy of myelodysplastic conditions (MDS) and different diseases.
The rising reception of inorganic development procedures such as joint efforts by central members is supposed to drive the development of the U.S., Europe, and China myelodysplastic syndrome (MDS) treatment market. In March 2018, Onconova Therapeutics and Pint Pharma GmbH entered into an arrangement for the commercialization of rigosertib that is utilized for MDS treatment in Latin America.
The myelodysplastic syndrome (MDS) treatment markets in the United States, Europe, and China are expected to grow at a CAGR of 7.6% over the forecast period, owing to an increase in innovative work of therapeutics for the treatment of myelodysplastic disorder (MDS).FibroGen Inc. received approval from the China Food and Drug Administration (CFDA) in March 2018 to lead a Phase II/III trial of the medication roxadustat in healthy myelodysplastic syndrome patients with pallor.
Among the distribution channels, emergency clinic drug stores’ portion in the U.S., Europe, and China myelodysplastic syndrome (MDS) treatment market is assessed to be valued at US$ 1,179.4 million in 2020, and is expected to show a CAGR of 8.0% during the estimate timeframe. Rising clinic affirmation of myelodysplastic condition patients alongside an expanding geriatric population are supposed to lean toward development of the section over the forecasted timeframe. As per the American Society of Hematology report distributed in 2016, an aggregate of 885,726 patients experiencing myelodysplastic conditions (MDS) were conceded in emergency clinics, out of which 803,341 confirmations (90.6%) were of patients aged > 65 years during 2005 – 2015 in the U.S.
Key companies contributing to the U.S., Europe, and China myelodysplastic syndrome (MDS) treatment market include Onconova Therapeutics, Inc., Acceleron Pharma, Inc., Cipla Limited, Sun Pharmaceutical Industries Limited, Dr. Reddy’s Laboratories Ltd., Mylan N.V., Teva Pharmaceutical Industries Ltd., CrystalGenomics, Inc., Bristol Myers Squibb, Keros Therapeutics, Otsuka Pharmaceutical Co., Ltd., ALX Oncology Inc., Gilead Sciences, Lixte Biotechnology Holdings, Inc., AbbVie Inc., Jazz Pharmaceuticals, Fibrogen, Inc., Geron, and Aprea Therapeutics.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 U.S., Europe, and China Myelodysplastic Syndrome (MDS) Treatment Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: U.S., Europe, and China Myelodysplastic Syndrome (MDS) Treatment Industry Impact
Chapter 2 U.S., Europe, and China Myelodysplastic Syndrome (MDS) Treatment Competition by Types, Applications, and Top Regions and Countries
2.1 U.S., Europe, and China Myelodysplastic Syndrome (MDS) Treatment (Volume and Value) by Type
2.3 U.S., Europe, and China Myelodysplastic Syndrome (MDS) Treatment (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 U.S., Europe, and China Myelodysplastic Syndrome (MDS) Treatment Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 6 Company Profiles and Key Figures in U.S., Europe, and China Myelodysplastic Syndrome (MDS) Treatment Business
Chapter 6 U.S., Europe, and China Myelodysplastic Syndrome (MDS) Treatment Market Forecast (2022-2028)
Chapter 7 Conclusions
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