Lifitegrast is an integrin antagonist that reduces T-cell-mediated
inflammation associated with dry eye disease (DED). This molecule was
in pipeline for past few years and several clinical trials have been
performed to test its efficacy in treating the signs and symptoms of
dry eye syndrome. In July 2016, lifitegrast ophthalmic solution (5%)
under the brand name Xiidra by Shire plc was granted an approval from
the U.S. Food and Drug Administration (FDA) for treating dry eye
syndrome. Xiidra is a twice-daily eye drop solution and only
prescription drops indicated for the management of both signs and
symptoms of this condition. Shire is expected to launch Xiidra in the
United States in the third quarter of 2016.
Being the first U.S. FDA approved product to treat both signs and
symptoms of DES, the market for Xiidra is expected to grow
exponentially in the near future. The key driving factor attributable
to the growing potential of the market is the rising prevalence of
dry eye syndrome worldwide. Increasing demand for advance treatment
approaches is set to drive the market growth for lifitegrast
ophthalmic solution. High incidences of other conditions that can
affect the normal eye functions, such as diabetes, is another
underpinning factor boosting the prevalence of dry eye syndrome.
Apart from diabetes, other conditions that can lead to dry eye
syndrome include vitamin A deficiency, rheumatoid arthritis, lupus,
and thyroid disorders. The growing geriatric population around the
world has also led to an increase in the overall prevalence of dry
eye syndrome.
Scientific Details of Lifitegrast Ophthalmic Solution at:
http://bit.ly/2cHFNPF
Earlier, the dry eye syndrome was ignored by patients as the problems
created by the condition were not debilitating. However, growing
amount of awareness about dry eye syndrome among the people is
expected to drive the market growth exponentially. Additionally,
awareness regarding the management of this condition is assisting the
market growth. The growing problem of pollution is often an
underlying factor for dry eye disease and hence the rising
industrialization will augment the prevalence of the condition.
However, the increasing awareness about the diagnosis and management
of the disease has led to more patient awareness towards the disease.
The market for Xiidra is expected to grow exponentially in the near
future owing to the growth in dry eye syndrome market. Despite the
rising prevalence of dry eye syndrome, the underdiagnosis of dry eye
syndrome is restraining the expected growth trajectory. Additionally,
the trend of self-medication among the patients remains a major
restraint to the market growth of lifitegrast ophthalmic solution
during the forecast period from 2016 to 2024.
Some of the major companies in the global dry eye syndrome market are
Novartis AG, NicOx SA, Allergan Inc., Bridge Pharma Inc., Cellzome
GmbH, and Santen Pharmaceutical Co., Ltd.
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