Market Opportunity
In 2006, worldwide sales of all anti-infective drugs totaled
approximately $66.5 billion, with sales of antibiotics accounting for
approximately 50% of the total. The overall market is expected to
continue its growth and the antibiotic market is expected to reach
$45 billion by 2012. This growth is due in large part to the increasing
emergence of multi-drug resistant bacterial strains, the deficiencies
of currently available antibiotics to treat certain serious
bacterial infections and a vulnerable aging population throughout the
world’s major markets. The costs associated with managing antibiotic
resistance in the U.S. have reached an estimated $10 billion per year
and continue to escalate.
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