Treprostinil dilates (widens) the arteries and decreases the amount of blood clotting platelets in your body. These effects lower blood pressure in the pulmonary artery that leads from the heart to the lungs.Treprostinil is used to treat pulmonary arterial hypertension (PAH). treprostinil improves your ability to exercise.
Treprostinil is a synthetic prostacyclin prescribed for the treatment of pulmonary arterial hypertension. Treprostinil works as a vasodilator lowering the blood pressure in the pulmonary artery leading from heart to lungs and is known to improve the ability to exercise. Treprostinil can be administered through oral route (orenitram), through inhaler (Tyvaso), and through infusion (Remodulin).
Companies involved in the manufacture and sale of treprostinil drugs market produce a large amount of value each year. For example, in September 2018, United Therapeutics Corporation released its financial results for the year 2018, revealing that global Treprostinil sales totaled roughly $599 million in 2018.
Moreover, key players in the market are focusing on various strategies such as mergers, agreements, and acquisitions which is expected to propel the market growth. For instance, in September 2018, United Therapeutics entered into collaboration with MannKind Corporation for the development and commercialization of MannKind Corporation’s clinical-phase dry powder formulation of treprostinil drugs market. Mannkind Corporation is expected to generate more than US$ 95 million through this collaboration. Moreover, under the above mentioned agreement United Therapeutics will be responsible for global development, commercial, regulatory activities, and manufacturing supplies of treprostinil while the MannKind Corporation agreed to manufacture clinical as well as initial commercial supplies of the product.
North America accounted for the largest market share in 2018, owing to high presence of organizations involved in Treprostinil manufacturing and marketing business that have generated high revenue. For instance, in 2017, Remodulin (treprostilin injection) manufactured by the United Therapeautics, generated US$ 670.9 million, and 11.4% more than that in 2016 for the company.
Moreover, launches and approvals of various new treprostilin products are also likely to propel the market growth in the near future. For instance, in October 2019, the U.S. Food and Drug Administration (FDA) approved extended release treprostilin tablets, Orenitram, manufactured by United Therapeutics. The tablets are expected to delay to progression of pulmonary arterial hypertension disease.
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