
U.S. Pharmaceutical Preparation Market. Analysis And Forecast to 2030
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View PricingBristol Myers Squibb's Cobenfy Revolutionizing Alzheimer's Treatment
Bristol Myers Squibb has identified Alzheimer's disease as the primary market for its newly approved schizophrenia drug, Cobenfy, which is anticipated to generate significant revenue. According to CNBC, the pharmaceutical giant is optimistic that Cobenfy will capture a sector ripe for both innovation and economic potential.
Company executives disclosed that every treatment application under study for Cobenfy possesses multi-billion-dollar potential, including conditions such as Alzheimer's disease psychosis, agitation, cognition, bipolar disease, and autism. David Elkins, CFO of Bristol Myers Squibb, shared at the JPMorgan Health Care Conference that Alzheimer's represents the "really large market here." In the United States, nearly 6 million individuals suffer from Alzheimer's, with approximately half experiencing psychosis accompanied by hallucinations and delusions.
As opposed to traditional atypical antipsychotics, which carry an increased risk of mortality, Cobenfy is distinct in that it does not elevate this risk, an assertion by Bristol Myers Squibb. These existing medications are frequently employed off-label to manage psychosis in patients with Alzheimer's, despite lacking formal approval for such use.
Alzheimer's agitation, impacting 60% to 70% of patients, is another significant focus for Cobenfy. Bristol Myers Squibb's Chief Commercialization Officer, Adam Lenkowsky, highlighted that Cobenfy might be the pioneering drug specifically sanctioned for Alzheimer's-related psychosis.
Anticipation builds as the pharmaceutical company plans to unveil initial late-stage trial data for the treatment of Alzheimer's-related psychosis using Cobenfy later this year. Trials focusing on Alzheimer's agitation, cognition, and bipolar disorder are slated for 2025, with autism studies commencing in 2026.
Industry observers project substantial financial success for Cobenfy, with JPMorgan analyst Chris Schott forecasting sales to ascend to $5 billion by 2030, reaching a potential peak of $10 billion across multiple treatment uses. This boon is crucial for Bristol Myers Squibb, addressing the looming issue of revenue shortfalls tied to patent expirations on top-selling medications.
Marking a historic milestone, Cobenfy became the first groundbreaking treatment for the 3 million U.S. adults with schizophrenia, securing approval in September after Bristol Myers Squibb's $14 billion acquisition of Karuna Therapeutics.
The creation of Cobenfy traces back to the 1990s when Eli Lilly explored using xanomeline for cognitive decline in Alzheimer's patients. Despite promising results, the treatment was held back due to severe gastrointestinal side effects. Andrew Miller, of Karuna Therapeutics, later developed a novel approach by combining xanomeline with trospium to mitigate these adverse effects, culminating in Cobenfy's development.
As new Alzheimer's treatments like Biogen's Leqembi and Eli Lilly's Kisunla focus on clearing toxic amyloid plaques, Cobenfy stands ready to fill the treatment gap for progressive symptoms like psychosis and agitation, potentially transforming the Alzheimer's care landscape. Chief Commercialization Officer Adam Lenkowsky elaborates, "If you can eliminate the psychosis, the agitation, cognitive function improves. It's a paradigm shift for caregivers and the healthcare system."
This report provides an in-depth analysis of the pharmaceutical preparation market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 325412 - Pharmaceutical preparation manufacturing
Companies mentioned:
- Pfizer Inc.
- Merck & Co.
- Abbott Laboratories
- Abbvie Inc.
- Eli Lilly and Company
- Bristol-Myers Squibb Company
- Genentech
- Baxter International
- Allergan
- Biogen, Glaxosmithkline
- Celgene Corporation
- Hospira
- Alere
- Perrigo Company
- Mylan Inc.
- Regeneron Pharmaceuticals
- Novartis Corporation
- Alexion Pharmaceuticals
- Genzyme Corporation
- Zoetis
- Sanofi US Services
- Olympus Partners
- Valeant Pharmaceuticals International
- Merck Sharp & Dohme Corp.
- Glaxosmithkline Holdings (Americas)
- Wyeth
- Astrazeneca Pharmaceuticals
- Actavis Inc.
- Alcon Laboratories Holding Corporation
- Roche Holdings
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024