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Emtricitabine/Tenofovir is the first HIV drug approved for prophylaxis. It was developed by Gilead Sciences Inc (the original drug is called TRUVADA). Its product was first approved in the United States in 2004 and was launched in China in 2012. TRUVAD was covered by China’s national drug reimbursement list (NDRL) in 2017. As of the end of 2020, the manufacturers in the Chinese Emtricitabine/Tenofovir market are Gilead Sciences Inc and Chia Tai Tianqing Pharmaceutical Group Co., Ltd.
According to CRI's market research, the sales value of Emtricitabine/Tenofovir in the Chinese market has increased year by year from 2016 to 2019, with a decline in 2020. The main reason for this decline is that the COVID-19 epidemic has affected the overall diagnosis and treatment business of the hospital. At the beginning of 2017, Emtricitabine/Tenofovir was included in China’s Medical Insurance, so its sales value grew rapidly to CNY10.86 million in 2018, with an annual growth rate of 103%. The sales value of Emtricitabine/Tenofovir in the Chinese market reached CNY16.43 million in 2020 and the CAGR is 35.4% from 2016 to 2020, which is a very high level.
Researcher predicts that with the increase in the number of AIDS patients in China, the sales of Emtricitabine/Tenofovir will also increase from 2016 to 2019. In 2019, the number of surviving HIV infections in China reached 958,000. In 2020, the number of surviving AIDS infections in China increased to 1.045 million, with an increase of 9%. The number of new infections will still show an increasing trend in the future. How to prevent new HIV infections has become the key to prevent and control the spread of AIDS. Therefore, sales in Emtricitabine/Tenofovir of the preventive HIV drugs will continue to increase. By 2020, 2 companies have launched generic versions of Truvada (Emtricitabine/Tenofovir) in China. The generic version from Chia Tai Tianqing Pharmaceutical Group Co., Ltd. is the first Chinese-made HIV combination tablet in the country. Qilu Pharmaceutical and Hisco Pharmaceutical are waiting for an Abbreviated New Drug Application (ANDA) approval for their generic version, and they will compete for the market after approval. The market competition of Emtricitabine/Tenofovir in China will become more intense. Sales prices are expected to continue to fall, and sales volume will increase accordingly. In addition, the effective alleviation of the COVID-19 epidemic during the period of 2021-2025 will also enable the sales of Emtricitabine/Tenofovir to have restorative growth.
Topics Covered:
-The impact of COVID-19 on China's Emtricitabine/Tenofovir market
- Sales value of China's Emtricitabine/Tenofovir 2016-2020
- Competitive landscape of China's Emtricitabine/Tenofovir market
- Prices of Emtricitabine/Tenofovir in China
- Prices of Emtricitabine/Tenofovir in China by regions and manufacturers
- Analysis on factors affecting the development of China's Emtricitabine/Tenofovir market
- Prospect of China's Emtricitabine/Tenofovir market from 2021 to 2025
According to CRI's market research, the sales value of Emtricitabine/Tenofovir in the Chinese market has increased year by year from 2016 to 2019, with a decline in 2020. The main reason for this decline is that the COVID-19 epidemic has affected the overall diagnosis and treatment business of the hospital. At the beginning of 2017, Emtricitabine/Tenofovir was included in China’s Medical Insurance, so its sales value grew rapidly to CNY10.86 million in 2018, with an annual growth rate of 103%. The sales value of Emtricitabine/Tenofovir in the Chinese market reached CNY16.43 million in 2020 and the CAGR is 35.4% from 2016 to 2020, which is a very high level.
Researcher predicts that with the increase in the number of AIDS patients in China, the sales of Emtricitabine/Tenofovir will also increase from 2016 to 2019. In 2019, the number of surviving HIV infections in China reached 958,000. In 2020, the number of surviving AIDS infections in China increased to 1.045 million, with an increase of 9%. The number of new infections will still show an increasing trend in the future. How to prevent new HIV infections has become the key to prevent and control the spread of AIDS. Therefore, sales in Emtricitabine/Tenofovir of the preventive HIV drugs will continue to increase. By 2020, 2 companies have launched generic versions of Truvada (Emtricitabine/Tenofovir) in China. The generic version from Chia Tai Tianqing Pharmaceutical Group Co., Ltd. is the first Chinese-made HIV combination tablet in the country. Qilu Pharmaceutical and Hisco Pharmaceutical are waiting for an Abbreviated New Drug Application (ANDA) approval for their generic version, and they will compete for the market after approval. The market competition of Emtricitabine/Tenofovir in China will become more intense. Sales prices are expected to continue to fall, and sales volume will increase accordingly. In addition, the effective alleviation of the COVID-19 epidemic during the period of 2021-2025 will also enable the sales of Emtricitabine/Tenofovir to have restorative growth.
Topics Covered:
-The impact of COVID-19 on China's Emtricitabine/Tenofovir market
- Sales value of China's Emtricitabine/Tenofovir 2016-2020
- Competitive landscape of China's Emtricitabine/Tenofovir market
- Prices of Emtricitabine/Tenofovir in China
- Prices of Emtricitabine/Tenofovir in China by regions and manufacturers
- Analysis on factors affecting the development of China's Emtricitabine/Tenofovir market
- Prospect of China's Emtricitabine/Tenofovir market from 2021 to 2025
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