Golimumab is an immunosuppressive medication that can effectively regulate inflammation and bone metabolism. The trade name of Golimumab is SIMPONI, which was developed by Janssen Biologics BV. Its products were launched in China for the treatment of ankylosing spondylitis（AS）and rheumatoid arthritis (RA) in 2018. As of the first half of 2021, Janssen Biologics BV is the only manufacturer in the Chinese Golimumab market.

According to CRI’s market research, the sales of Golimumab in the Chinese market have had a rapid upward trend from 2018 to 2020. The annual sales revenue in 2020 is CNY6.32 million, which increased over 10 times compared to that in 2018. The CAGR of Golimumab sales in the Chinese market in 2018-2020 is 242.6%. The main reason for the rapid growth is that Golimumab was included in China’s medical insurance in 2019 and it entered the national medical insurance category B list in the field of rheumatism.

CRI analyzes that from 2021 to 2025，the sales will continue to increase due to its superior efficacy and low injection frequency. In addition, Golimumab will have a very broad market and the penetration rate of SIMPONI can be improved in the future. Therefore, the market share of Golimumab has the potential to increase, which will lead the sales volume to grow in the future.

Topics Covered:
-The impact of COVID-19 on China’s Golimumab market
– Sales value of China’s Golimumab 2016-2020
– Competitive landscape of China’s Golimumab market
– Prices of Golimumab in China
– Prices of Golimumab in China by regions and manufacturers
– Analysis on factors affecting the development of China’s Golimumab market
– Prospect of China’s Golimumab market from 2021 to 2025

The post Investigation Report on China’s Golimumab Market 2021-2025 first appeared on CRI Report.

CRI’s market research shows that the sales of Tocilizumab have had an increasing trend from 2016 to 2020. Since Tocilizumab was approved for the new indication sJIA in 2016, the sales increase in 2017 with 21.30% of the growth rate from 2016 to 2017. With the inclusion of Tocilizumab in China’s medical insurance in 2019 and the approval of its new indications in China in 2020, the sales in 2020 increased evidently, from CNY20.07million in 2019 to CNY41.72 million in 2020. The growth rate is about 107.89%. The CAGR of Tocilizumab was 16.25% from 2016 to 2020.
According to CRI’s market research, as the Tocilizumab market will expand from 2021 to 2025, its sales will continue to grow. The patent for the original tocilizumab injection has expired but no biosimilar drug has been approved in China. Currently, five pharmaceutical companies are carrying out relevant clinical trials. After Tocilizumab biosimilars are approved in the market, its manufacturers will gradually increase, the market will continue to grow and the price will decline. These situations will lead to an increase in Tocilizumab sales value and sales volume. In addition, Tocilizumab has been approved for 5 indications in other countries and China has approved 3 indications, so the number of approved indications in China has upside potential. It can be predicted that with the increase of indications, its sales will continue to grow with the expansion of the market in the future.

Topics Covered:
-The impact of COVID-19 on China’s Tocilizumab market
– Sales value of China’s Tocilizumab 2016-2020
– Competitive landscape of China’s Tocilizumab market
– Prices of Tocilizumab in China
– Prices of Tocilizumab in China by regions and manufacturers
– Analysis on factors affecting the development of China’s Tocilizumab market
– Prospect of China’s Tocilizumab market from 2021 to 2025

The post Investigation Report on China’s Tocilizumab Market 2021-2025 first appeared on CRI Report.