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Bayer’s Xarelto anti-clotting drug targets potential $15bn market

first_img KCS-content Germany’s Bayer yesterday said it was targeting a market worth as much as $15bn (£9.6bn) with its anti-blood-clotting pill Xarelto, setting the stage for decisive study results to be released later this year.Chief executive Werner Wenning, who will hand over to Marijn Dekkers next month, said the new generation of experimental anticoagulants such as Xarelto – designed to replace problematic existing treatment warfarin – could have combined annual sales of $12-$15bn.Industry analysts believe the market eyed by Bayer and its development partner Johnson & Johnson could eventually be worth more than $10bn a year and possibly as much as $20bn.Wenning also reconfirmed an estimate for Xarelto, based on the active ingredient rivaroxaban, to have peak annual sales of more than €2bn (£1.7m). A key study on Xarelto will be presented at the American Heart Association meeting in November. Wednesday 15 September 2010 7:54 pm Show Comments ▼ whatsapp Bayer’s Xarelto anti-clotting drug targets potential $15bn market Sharecenter_img whatsapp Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com last_img read more