Merck Mexico widens Sucanon distribution network
Merck's Mexican subsidiary Merck SA de CV (Merck Mexico) has widened its distributing network for Fero Industries' over the counter (OTC) drug Sucanon by increasing outlets and pharmacy chains from 900 to over 2,500 in Mexico.
Sucanon, an oral medication for type-2 diabetes, is a member of a class of diabetic medications called insulin sensitizers which help the body to make better usage of its own insulin to control blood sugar levels.
According to pre-clinical and clinical studies, Sucanon lowers blood sugar by increasing the muscle, fat and liver's sensitivity to the body's own naturally produced insulin.
Fero Industries chief operating officer Luis Lopez said the expansion of distribution has placed Sucanon and Sucanon related marketing material in almost three times as many retail stores and should continue to boost market awareness and acceptance of Sucanon as an OTC treatment for type-2 diabetes across Mexico.
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GBI Research, the leading business intelligence provider, has released its latest report, “Nanotechnology in Drug Delivery - Technological Improvements and Novel Approaches to Fulfill High Potential” that provides key data, information and analysis of the major trends and issues affecting the global nano-enabled drug delivery market. The report provides a comprehensive insight into the current and future application of nanotechnology in the drug delivery systems. It also provides an insight into the key drivers and barriers for the market growth. The report also provides a detailed analysis of the trends and its effects on the nano-enabled drug delivery market. The report also talks about the key regulations that affect the nanotechnology research and development and issues related to its use in pharmaceutical market. The report also details some case study of the latest technology being exploited in pharmaceutical industry. The report also provides detailed analysis of major deals that have happened in the nano-enabled drug delivery market landscape. At the end, the report looks into the future players. This report is built using data and information sourced from proprietary databases, primary and secondary research and in house analysis by GBI Research’s team of industry experts. The nano-enabled drug delivery market has been a high growth market and expected to grow at a faster rate in the near future. According to a study conducted by Willi Paul, and Chandra P. Sharma, the nano-enabled drug delivery market was $1.7 billion in 2009 and expected to reach over $4.8 billion in 2012. The market will witness increased competition, high investment from venture capitalist and government. The M&A and Licensing landscape will see significant changes in the coming future. This is because market is expected to become more lucrative in coming future. The major drivers for the market growth are Increasing acceptance of nano-enabled drugs, and a strong pipeline portfolio. The increasing governmental funding and R&D interest will strengthen the market in future. However, lack of consistent policy on technology transfer, poor R&D facility, and tight audit control and lack of centralized system will restrain the market growth. The nano-enabled drug delivery market has strong pipeline. The pipeline is primarily dominated by molecules in early stage of development. This suggests that the there is high level of R&D investment. This will support the future market and will fuel the licensing activity. Reports Buy online from $3500
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