Global Orphan Drug Market 2016: Neurology, Oncology Nephrology and Infectious Diseases, Nephrology and Infectious Diseases
Orphan drugs are type of pharmaceutical drugs that are used in the treatment of rare genetic diseases or rare medical conditions. The global pharmaceutical drugs market was valued at approximately $962.1 billion in 2012, which is the parent market for orphan drugs. Receiving approvals for commercialization of Orphan drugs is quite easy in developed countries such as U.S. and European countries due to favorable government policies. The major driving factor for this market is increase in investment from pharmaceutical companies...
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