On 8 October 2009, orphan designation (EU/3/09/671) was granted by the European Commission to Novartis Europharm Limited, United Kingdom, for pasireotide for the treatment of Cushing's disease. Pasireotide in the treatment of Cushing's disease has been authorized in the EU as Signifor since 24 April 2012. and "The FDA approval of Signifor was based on phase III, multicenter, randomized study. The trial enrolled 162 subjects with Cushing’s disease with the persistent or recurrent disease despite pituitary surgery or de novo patients for whom surgery was not indicated or who had refused surgery. Subjects with a baseline 24-hour urine free cortisol (UFC) >1.5 x upper limit of normal (ULN) were randomized to receive a Signifor dosage of either 0.6 mg subcutaneous b.i.d. or 0.9 mg subcutaneous b.i.d."
The article cited AMA's "Americas Pasireotide Market Study" explored substantial growth of %. According to the report, Continuous Research and Development about Pasireotide is one of the primary growth factors for the market. Need for Pasireotide for the Patients Suffering from Cushing's Disease (Hypercortisolism) is also expected to contribute significantly to the Pasireotide market. Overall, applications of Pasireotide, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Form, such as Liquid Solution, is boosting the Pasireotide market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Dosage, such as 0.3mg/ml, is boosting the Pasireotide market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Hospital, is boosting the Pasireotide market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Americas Pasireotide market identified that the demand is rising in many different parts of the world as "Rise in Awareness About Pasireotide in Emerging Countries".
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Americas Pasireotide market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Pasireotide market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Pasireotide market size is calculated using market estimation process, the Pasireotide market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Americas Pasireotide market size has been validated using both top-down and bottom-up approaches.