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The biotech drug market

In recent years, biotech has claimed an increasing share of novel treatments approved by the US Food and Drug Administration; that trend will shift this year. Although recombinant drugs account for more than one-third of candidates in discovery, the share dwindles along the pipeline. Currently, only 8 out of 100 new drug or biologic applications are for biotech treatments. Only eight biotech drugs on the market have sales over $1 billion, but analysts suggest several late-stage products could turn into blockbusters.

Credit: Source: BioPharm Insight
Credit: Source: BioPharm Insight
Credit: Source: Food and Drug Administration, Center for Biologics Evaluation and Research
Credit: Source: SG Cowen
Credit: Source: IMS Health, Credit Suisse First Boston

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Lawrence, S. The biotech drug market. Nat Biotechnol 22, 1496 (2004).

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