GREY:ICOTF - Post by User
Post by
gainwidpatienceon Jun 30, 2018 9:17pm
446 Views
Post# 28256528
Market size of iCo-019 (Oral Amp B) - Billions!!!!
Market size of iCo-019 (Oral Amp B) - Billions!!!!Quote from ICO NR in the past: “
Given our significant progress in contract manufacturing and pre-clinical development we have a highly differentiated Oral Amp B lead candidate rapidly making its way into the clinic," stated Andrew Rae, President and CEO. "Assuming clinical data reflects meaningful pre-clinical outcomes we believe we may address anti-fungal markets in excess of a billion dollars with an asset that makes administration far more accessible to a broad population."
Important info from the link given in the NR: Highlights - The global market for antifungal drugs was valued at $13.1 billion in 2016. The market should reach $16.1 billion by 2021, growing at a compound annual growth rate (CAGR) of 4.2% from 2016 to 2021. - The global market for prescription antifungal drugs was valued at $7.0 billion in 2016. The market should reach $8.3 billion by 2021, growing at a CAGR of 3.5% from 2016 to 2021. - The global market for over the counter (OTC) antifungal drugs was valued at $6.1 billion in 2016. The market should reach $7.8 billion by 2021, growing at a CAGR of 5.0% from 2016 to 2021. Links: https://www.stockhouse.com/news/press-releases/2016/11/28/clarification-ico-therapeutics-announces-positive-study-results-and-significant https://www.reportbuyer.com/product/2212016/antifungal-drugs-technologies-and-global-markets.html