Paper Title
Orphan Drugs: What are the Commercializing Strategies of Marketing Leaders of Orphan Drugs in APAC
Article Identifiers
Authors
Vedant Gaikwad , Padmashri Hirave , Dr B Lakshmi , Sai Kishore V
Keywords
Orphan drugs APAC, rare diseases, commercializing strategies of orphan drugs, regulatory hurdles for orphan drugs, Market Landscape Rare Diseases APAC
Abstract
The Asia-Pacific (APAC) region presents a unique landscape for orphan drugs, catering to a population affected by rare diseases. This comprehensive article delves into the commercialization strategies employed by marketing leaders within this domain. Orphan drugs, designed for diseases impacting a small fraction of the population, pose distinct challenges in pricing, regulatory compliance, and market access. The article explores the prevalence of rare diseases in APAC, outlining the diverse regulatory environments across countries like Japan, Taiwan, and China. It analyzes the market size, growth projections, and key players in the pharmaceutical industry focusing on orphan medications. The article highlights the regulatory hurdles, emphasizing the complexities arising from varied standards, certification procedures, and intellectual property rights. Additionally, it underscores the need for increased awareness, streamlined regulatory frameworks, and improved access to specialized care for individuals affected by rare diseases. The article concludes by envisioning future prospects, including advancements in gene therapies and personalized medicine, that are poised to revolutionize the landscape of orphan drugs in the APAC region.
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How To Cite
"Orphan Drugs: What are the Commercializing Strategies of Marketing Leaders of Orphan Drugs in APAC", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.9, Issue 2, page no.d691-d702, February-2024, Available :https://ijnrd.org/papers/IJNRD2402372.pdf
Issue
Volume 9 Issue 2, February-2024
Pages : d691-d702
Other Publication Details
Paper Reg. ID: IJNRD_214601
Published Paper Id: IJNRD2402372
Downloads: 000121128
Research Area: Pharmacy
Country: Hyderabad, Telangana, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2402372.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2402372
About Publisher
Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJNRD (IJ Publication) Janvi Wave
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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition


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