The metabolic syndrome market is highly competitive, comprising multinational companies such as Johnson & Johnson, Bayer, Eli Lilly, Amgen, Merck, Takeda, Abbott Laboratories, Pfizer, AstraZeneca, Roche, Novartis, GlaxoSmithKline, Boehringer Ingelheim, Sanofi, and Novo Nordisk driving the industry. Thus, these firms have emphasized R&D for the development of new methods of treatment focused on pharmaceuticals, lifestyle management, diagnostics, and the development of tools. Strategic partnerships by leading players can enable them to further increase their presence within the market and widen access to better treatments for patients.
In November 2022, Provention Bio made history when its teplizumab became the world's first-ever preventive treatment for type 1 diabetes approved by the FDA. New, targeted, and preventive treatments are increasingly confronting troublesome symptoms of metabolic disease. Competition is anticipated to increase even more with innovative approaches from major players as they try to provide comprehensive solutions that address metabolic syndrome and improve outcomes.
Author Credits: Radhika Pawar
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