Niemann-Pick disease type C (NPC) is a lysosomal storage disorder that doesn't happen very often. NPC makes cholesterol and other lipids build up in different parts of the body, including the brain. Different people show different NPC signs at different times. Mostly, symptoms start in youth and get worse over time, causing problems that can be life-threatening. NPC is caused by changes in the NPC 1 and NPC 2 genes, which are passed down in a way called "autosomal recessive." Over the projection period, market growth is anticipated to be fueled by the rising number of medication type C collaborations amongst industry players treating Niemann-Pick disease. Over the projection period, rising product approvals are anticipated to fuel expansion in the Niemann-Pick disease medication type C market.
The global Niemann-Pick disease drug type C treatment market is anticipated to grow at a CAGR of 22.0% during the period between 2022 and 2030.
Major Players in the Niemann-Pick Disease Drug Type C Treatment Industry:
1. Johnson & Johnson
Johnson & Johnson is an American global firm that was established in 1886 and produces consumer packaged goods, medications, and medical equipment. It was founded in 1886 and headquartered in New Jersey, U.S. It operates in 60 countries.
2. Intrabio
2. Intrabio
Intrabio was founded in 2015 and headquartered in Oxfordshire, United Kingdom. It operates in all European countries. In Oct 2020, IntraBio provides additional information regarding the positive results of the multinational clinical trial IB1001 for the treatment of Niemann-Pick disease type C.
3. Cyclo Therapeutics, Inc.
3. Cyclo Therapeutics, Inc.
Cyclo Therapeutics, Inc. is a clinical-stage biotechnology company that focuses on drug development using cyclodextrins. It was founded in 1990 and headquartered in Florida, United States. It operates in U.S and other 79 countries. In Mar 2023, Cyclo Therapeutics provides an update on its business, which includes the Pivotal Phase 3 global study (TransportNPCTM) evaluating Trappsol® CycloTM for Niemann-Pick Disease Type C1 (NPC1), which is expected to enroll 40% of participants by the end of March.
