Publisher estimates the 2012
sales for opioid-induced constipation (OIC) to be approximately $144.42m across
the six major pharmaceutical markets covered in this forecast: the US, France,
Germany, Italy, Spain, and the UK. The EU contributed the majority of these
sales, with the region generating an estimated $75.4m. In particular, Germany
was the largest market, with an estimated $41.5m in sales in 2012. By the end
of the forecast period, OIC sales will grow to approximately $1.98 billion, at
a compound annual growth rate (CAGR) of 68.9% over the five-year period. The
majority of sales will come from the US, which will represent more than 90% of
the market (based on 6MM) in 2017.
Major drivers to the growth of the OIC market over the
forecast period will include:
- The introduction of several highly targeted, oral, peripherally acting mu-opioid receptor antagonist (PAMORA) therapies, which are easily administrated with convenient dosing: AstraZeneca’s naloxegol, Cubist’s bevenopran and Salix’s oral Relistor.
- The launch of Amitiza across the EU and the approval of Linzess across the 6MM for OIC, which will increase physician and patient awareness of non-laxative prescription options to treat constipation.
- The growing number of OIC sufferers due to the overall population growth and continued use of opioids in the treatment of chronic non-cancer pain.
Major barriers to the growth of the OIC market will
include:
- The high price of PAMORAs compared with standard laxative therapy, which may prevent their reimbursement by local health authorities and health insurance companies.
- Patient awareness of OIC. This includes the underlying difference between OIC and functional constipation, and awareness of non-laxative OIC prescription therapies. A further barrier to treating OIC is patients’ reluctance to report constipation symptoms to physicians.
- Physician awareness of OIC and the resulting impact on pain management and QOL, including follow-up questions and treatment for refractory patients with non-laxative prescription drugs, which represent a barrier for OIC treatment.
Aligned R&D Strategies Are Imperative for Attaining
Access to a Lucrative and Underserved OIC Market
OIC remains a hugely
untapped market with little competition in the pharmaceutical arena, with the
first pharmacological treatment only becoming licensed in 2008. As of September
2013, there are currently only two EU- and FDA-approved treatments available.
The OIC market has a commercially attractive patient population size (more than
half a million patients in the US and 5EU), as well as the scope for companies
to seek accelerated approval, enabling a potentially faster and more
cost-effective R&D program. As this is a new and rapidly forming market
that has yet to be fully established, aligned R&D strategies are indispensable
for admittance into a previously unpenetrated market.
Demonstrating High Efficacy while Proving No Reduction of
Analgesia or Major Cardiovascular Adverse Effects is Essential
According to key opinion
leaders (KOLs) interviewed by Publisher, the key attribute for companies
wanting to establish themselves in the OIC therapeutic arena is to utilize
understanding of the disease mechanism to generate safe therapies with a low
side-effect profile. This will include designing clinical trial safety endpoints
that adequately satisfy approval bodies.
Future R&D strategies
need to develop therapies using the fundamental understanding of OIC by
investing in research, which in turn will be imperative for discovering a
long-term efficacious drug with a lack of undesirable side effects.
Corporate Strategies Include Label Expansion of Approved
Constipation Drugs into OIC
Other corporate trends
include expanding the label indication for functional constipation drugs into
OIC to maximize sales from this lucrative market. The decision by the FDA in
April 2013 to approve Amitiza for a third indication has led companies
currently developing constipation drugs to consider commencing clinical trials
in patients with OIC. Ironwood has expressed interest in pursuing a label
expansion into OIC for its constipation drug Linzess, and it is likely that
other companies will follow suit.
Extensive Marketing of OIC Prescriptions Drugs is
Required to Convert Patients from OTC Laxatives
A common strategy being
undertaken by companies in the OIC space is to enter partnerships and
acquisitions in a bid for companies to broaden their pipeline portfolio.
Examples include the acquisitions of Adolor Corporation by Cubist
Pharmaceuticals and the licensing of naloxegol to AstraZeneca by Nektar.
With the vast majority of
novel therapeutic agents for OIC being developed by small to medium-sized
pharmaceutical and biotechnology companies, Publisher anticipates that
licensing activity and the formation of new partnerships with companies possessing
strong GI sales experience will be key in competing in a soon-to-be-congested
market populated by many me-too drugs.
Besides the advent of
efficacious drugs, improving diagnosis and increasing the awareness of new
treatments is a key unmet need essential in increasing the drug-treatment rate
for OIC. The current OIC therapeutic market is dominated by inexpensive, widely
available laxatives. Despite a lack of strong evidence and poor clinical
efficacy, they are currently broadly accepted as the mainstay of constipation
relief. The success of prescription OIC therapies compared with that of OTC
laxatives will depend on extensive marketing. Such marketing must serve to
increase both patient and physician awareness of the non-laxative prescription
options when treating constipation, in particular for OIC.
A Highly Efficacious, Approved Therapy is the Most
Pressing Need in OIC
The level of unmet need for
OIC, both environmentally and clinically, is high. Key opinion leaders (KOLs)
interviewed by Publisher highlight that there is an unprecedented need for an
efficacious drug for OIC treatment. Such a drug must be targeted to the cause
of OIC and can only be identified following future advancements based on
further critical understanding of the etiology and pathophysiology of the
disease.
Oral PAMORAs Set to Change the OIC Treatment Landscape
The new class of oral
PAMORAs being developed is highly targeted, and KOLs interviewed by Publisher
are eagerly anticipating this class of drug. There are currently five drugs in
this class in late-stage clinical development, and all represent targeted,
efficacious potential treatments for OIC. However, potential regulatory hurdles
remain due to doubts over major adverse cardiovascular events (MACEs)
associated with PAMORAs. The FDA is currently convening a body of experts to
assess the drug class and provide guidance regarding the necessary clinical
trials to sufficiently demonstrate safety. If approvals go ahead, the currently
underserved OIC market is set to become very congested and competitive.
Demonstrating superior efficacy, competitive pricing and good marketing will be
crucial in gaining market share.
Over the next five years,
the OIC market is expected to see significant changes. With the approval of
three PAMORAs, there will be a shift in the way that drugs for OIC are
prescribed. Although laxatives are likely to remain the first-line therapy, the
advent of novel targeted oral therapies, alongside improved and timely
diagnosis and improved physician awareness, will increase the number of
patients receiving non-laxative prescription treatments.
Publisher assessed promising
pipeline candidates both clinically and commercially, based on the opinions
generated from interviews with KOLs. Salix’s oral Relistor emerged as the drug
with the greatest future interest. This is mainly due to the substantial
efficacy offered by this class of drug (PAMORA); its current commercial
positioning in the OIC market, as the subcutaneous formulation is approved
globally and is marketed by an industry-leading GI specialist; and its
convenient as-needed oral dosage. Two competing PAMORAs, AstraZeneca’s naloxegol
and Cubist’s bevenopran, also have very similar clinical and commercial
attributes, placing them in direct competition in this soon-to-be congested
market. Other players will include Theravance’s TD-1211, Shionogi’s
naldemedine, and S.L.A. Pharmaceuticals’ Nalcol, all of which will require
licensing partners for successful approval and/or launch.
Already marketed
constipation therapies, namely Sucampo’s Amitiza and Ironwood’s Linzess, are
expected to have an easier route to approval; however, their indirect MOA
reduces their efficacy as assessed by the current measures of OIC relief.
Therefore, cost-effectiveness will be difficult to prove and may result in
challenges in terms of reimbursement.
Spanning over 160 pages, “OpportunityAnalyzer: Opioid-Induced Constipation - Opportunity
Analysis And Forecasts To 2017 - Event-Driven Update” report covering the Disease
Overview, Potential Patient Population, Current Treatment Options, Unmet Needs
Assessment and Opportunity Analysis, R&D Strategies, Pipeline Assessment,
Pipeline Valuation Analysis, Appendix.
Know
More About This Report: http://mrr.cm/ZXW
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