Niemann Pick Disease Type C Market Growth in Future Scope 2023-2030
Niemann-Pick Type C (NPC) is a rare inherited disease. This
type of genetic mutation causes cholesterol and other fats to build up in the
liver, spleen, or lungs. It has an impact on the brain as well. The onset of
symptoms for NPC may begin at different ages. It has been grouped as: infantile
(after birth to less than 6 years), juvenile (6 to 15 years), and adults (15
years to greater). In infants, NPC leads to disorders such as
alpha-1-antitrypsin deficiency, tyrosinemia, Gaucher disease, idiopathic
neonatal cholestasis, and various congenital infections.
Increasing government initiatives for rare diseases is
expected to foster global niemann-pick
disease type C treatment market growth over the forecast Period. For
instance, in November 2021, the Italian senate unanimously approved the
consolidated act on rare diseases. The aim of the act is to make the treatment
of rare diseases uniform throughout the Italian territory and to promote
progress in research. Moreover, the act also provides for the establishment of
solidarity fund for people with rare diseases, with an initial budget of US$
1.01 million per year starting from 2022.
Rising numbers of collaborations and agreements by market
players are expected to drive growth of the global Niemann-pick disease drug
type C treatment market over the forecast period. For instance, in May 2022,
Kempharm, Inc., a specialty pharmaceutical company, announced an agreement with
ORPHAZYME A/S, a global biopharmaceutical company, to acquire arimoclomol, an
orally-delivered, first-in-class heat shock protein (HSP) amplifier being
developed as a treatment for Niemann-Pick disease type C (NPC)
Increasing research and development activities by market
players are expected to drive growth of market over the forecast period. For
instance, in June 2021, Cyclo Therapeutics, Inc., a clinical-stage
biotechnology company, announced the commencement of its pivotal Phase 3 study
(TransportNPC) for the evaluation of Trappsol Cyclo, a proprietary formulation
of hydroxypropyl beta cyclodextrin, delivered intravenously, for treating
Niemann-Pick Disease Type C1 (NPC1). The TransportNPC study is a randomized,
double-blind, placebo-controlled, parallel group, multicenter study designed to
evaluate the safety, tolerability, and efficacy of 2,000 mg/kg of Trappsol
Cyclo administered intravenously and standard of care (SOC) compared to placebo
administered intravenously and SOC in patients with NPC1.

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