google-site-verification=5mXTZs0RdDCeTpcCGBeUc2HF9uNdM1rSAr9sRldwfdY Focal Segmental Glomerulosclerosis Market Expanding Rapidly as Major Market Player Oraxion Therapeutics Inc. Enters into an Agreement with Aten Porous ~ CMI Blog Absolutes

Focal Segmental Glomerulosclerosis Market Expanding Rapidly as Major Market Player Oraxion Therapeutics Inc. Enters into an Agreement with Aten Porous

 


Focal Segmental Glomerulosclerosis is presently considered as a set of clinical syndromes sharing a very similar common histopathologic lesion namely, focal scarring in the glomerulus followed by fibrosis, fibrous nodules, and fibric infiltrate. Although various causes may be involved in the pathogenesis of this condition, the most common mechanoreceptor sites of action are the interneurons in the optic nerve and the choroid. The choroid can be damaged due to injuries or diseases like leukemia, lymphoma, myelodysplasia, and so on. Since these choroid sites contain many cell types, a wide variety of cell-damage mechanisms have been proposed to underlie Focal Segmental Glomerulosclerosis. Focal Segmental Glomerulosclerosis is also known as nephrotic syndrome and can be effectively addressed through surgical and non-surgical treatment options.

Increasing prevalence of focal segmental glomerulosclerosis is expected to drive growth of the global focal segmental glomerulosclerosis market during the forecast period. According to the National Organization for Rare Disorders (NORD), in the U.S., focal segmental glomerulosclerosis is expected to affect around 7 people per million people in the general population. However, specific rates of incidence vary with different populations. Increasing burden of focal segmental glomerulosclerosis has led to high demand for treatment options. Hence, these factors are expected to drive growth of the global focal segmental glomerulosclerosis market during the forecast period. Moreover, continuous research and development activities for new treatment options is expected to boost the global focal segmental glomerulosclerosis market growth over the forecast period.

However, high cost of kidney transplants and dialysis coupled with a lack of awareness regarding the disease is expected to hinder the global focal segmental glomerulosclerosis market growth over the forecast period. Among regions, North America is expected to witness significant growth in the global focal segmental glomerulosclerosis market during the forecast period. This is owing to the presence of robust healthcare infrastructure and the availability of reimbursement policies. Furthermore, Asia Pacific is expected to register a robust growth rate over the forecast period, owing to agreements and contracts between key market players.

Key companies involved in the global focal segmental glomerulosclerosis market are Sanofi S.A, GlaxoSmithKline plc, Teva Pharmaceutical Industries Ltd., Novartis AG, AbbVie, Inc., Retrophin, Inc., Variant Pharmaceuticals, Inc., Pfizer, Inc., Oraxion Therapeutics Inc., and AstraZeneca plc.

For instance, in February 2018, Oraxion Therapeutics Inc. entered into an Option Agreement with Aten Porous to get exclusive rights for clinical studies. 

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