The growing R&D of biosimilars is driving growth of the prepacked chromatography columns market
The growing need for purification of biopharmaceuticals is primarily fueling growth of the global prepacked chromatography columns market . Moreover, the increasing launch of biopharmaceutical drugs is again fostering the growth of the market. According to Pharmaceutical Research and Manufacturers of America, over 750 orphan drugs were approved in the U.S. in 2018, compared to over 600 in 2017. Additionally, the growing R&D of biosimilars is expected to provide potential growth opportunities. For instance, in May 2018, Pfizer, Inc., a U.S.-based pharmaceutical company, received the U.S. Food and Drug Administration (FDA) approval for RETACRIT, which is a biosimilar to Epogen and Procrit. It is the first and only FDA approved biosimilar erythropoiesis-stimulating agent. 1. In January 2020, Agilent Technologies Inc. collaborated with the Indian Institute of Technology Delhi, India, to promote biopharmaceutical research 2. ...