The big earners in a lucrative medical market
Tuesday 19 December 1995
According to John Hodgson, European publishing manager of Bio/technology magazine, some 26 genetically engineered pharmaceuticals have now been licensed for use around the world - 20 of which have been accepted in the UK.
Amgen, the American start-up biotechnology company, has the two top- selling genetically engineered drugs in the US. The company's Neupogen, which is used to stimulate the production of white blood cells following cancer treatment, had US sales of more than $719m last year.
In the rankings of revenue earners, Neupogen is closely followed by Epogen, an Amgen drug to stimulate the production of red blood cells. This generated US revenues of $587m last year. Such drugs are needed to treat cases of serious anaemia, which particularly afflicts people who have to undergo kidney dialysis. Amgen markets Epogen itself, but has an agreement with Ortho-Biotech to market a related red-blood cell stimulating product, known as Procrit, which is worth $500m a year in the US market.
Perhaps the most widely-used drug is human insulin for the treatment of diabetes which, produced by Genentech and marketed by Eli Lilly, has US revenues of around $560m a year. Insulin was one of the first "recombinant DNA" (genetically engineered) drugs to be approved for medicinal use, in 1982. Genentech also produces recombinant human growth hormone which is used to treat pituitary dwarfism and has annual US sales of $217m.
Life & Style blogs
Is Apple's iCloud safe after leak of Jennifer Lawrence and other celebrities' nude photos?
36-year-old skeleton of dead baby found inside Indian woman
Porn film production 'must stop in Los Angeles' after actor tests positive for HIV
Anal sex study reveals climate of 'coercion'
The science of saturated fat: A big fat surprise about nutrition?
Robin Williams Emmys tribute led by Billy Crystal criticised for including 'racist' joke about Muslim woman
Rotherham child sex abuse scandal: Labour Home Office to be probed over what Tony Blair's government knew - and when
The Rotherham child abuse scandal is a tale of apologists, misogyny and double standards
What do immigrants really think of Britain? Polish immigrant's Reddit post goes viral
Do you realise just how foolish the UK looks?
With Douglas Carswell joining Ukip, my party has taken another giant step forward
- 1 Joan Rivers: 'Palestinians deserve to be dead'
- 2 Perez Hilton apologises for Jennifer Lawrence nude photo leak
- 3 A teacher speaks out: 'I'm effectively being forced out of a career that I wanted to love'
- 4 Mexican woman becomes world’s 'oldest person' at 127
- 5 Isis terror threat: Leading British Muslims issue fatwa condemning terror group
£24000 - £30000 Per Annum: Clearwater People Solutions Ltd: Are you a Marketin...
£70000 - £75000 Per Annum: The Green Recruitment Company: Katie Robinson +44 (...
£28000 - £30000 per annum + Pension, Healthcare: Ashdown Group: IT Support Ana...
£90 - £120 per day: Randstad Education Leicester: KS1 Teaching Specialist Leic...