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Bioequivalence & Bioavailability International Journal Research Article 6 min read

Voriconazole (API): Global Market Growth Study Report

Desai S*
* Corresponding author
ISSN: 2578-4803  10.23880/beba-16000238  Received: August 09, 2024  Published: August 23, 2024
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Keywords
Voriconazole Market Growth Formulation Strategy Innovation
Abstract

Voriconazole API (active pharmaceutical ingredient) a thermolabile antifungal drug developed in 1980’s -a triazole class of drugs successfully surpassed the antifungal drugs having huge demand in market sales globally for its applications to treat severe fungal/yeast infections. The market growth involves its evolution of product in terms of innovation & technologies to withstand the competitiveness in aspect of new entry of drug, suppliers and buyers. The voriconazole drug surpassed USD 10 million dollars in 2023 within three years starting in the year 2020. the market report analysis collected from the various published news articles and the research publications from various business market reports of the manufactured industry reports. In this article we focus on the formulation strategies and research studies that made voriconazole drug stand in the market aiming futuristic growth.

Introduction

Voriconazole widely known as VFEND is a synthetic antifungal second generation broad spectrum triazole derivative of flucanozole drug which shows action by inhibiting CYP P450 (cytochrome P450) dependent enzyme 14-alpha sterol demethylase present in fungal cell membrane causing disruption and resulting in fungal growth hindrance.

Voriconazole antifungal drug developed in 1990’s and approved by FDA in 2002. As per the Volza global exporters and supplier’s directory facts updated till 26 august 2023, there are 670 active voriconazole exporters in world exporting to 1571 buyers. M S MSN Laboratories Pvt, Ltd holds top for export market share with 601 shipments followed by Sandoz private Ltd with 433 and AUROLAB with 390 shipments. Major exporting countries from India are Bangladesh, Japan, Turkey, Brazil, Egypt, Russia, United Arab Emirates, Spain.

Major supplier’s in voriconazole API market from the various resource are: 1. Dr.Reddy’s laboratories 2. Murali Krishna Pharma

3. SGMR Pharmaceutical 4. Glenmark Pharmaceuticals 5. ST Pharma 6. Synergene 7. Rundu Pharmaceutical 8. Zhejiang huahai pharmaceutical 9. Neuland lab

Voriconazole Available Generic Formulations

  • In the Market are as
  • Oral tablets with strength 50 mg and 200 mg
  • Oral suspension with strength 40mg/ml
  • I.V /I.M (intravenous/intramuscular) with strength 200mg injection
  • Parenteral powder for reconstitution with strength 200mg vial and (10 mg/ml) when reconstituted.

These are prescribed based on patient condition and frequency depending on the disease severity. The present study is qualitative analysis. Where the data is collected from various research publications, newspapers and reports such as a2z market research, Volza global exporters and supplier’s directory, posts and comments in professional network linkedin.

Review of Literature

  • Rubio C, et al. [1] summarized by economic analysis that voriconazole is more cost effective compared to other drugs of the same antifungal group given invasively.
  • Jeu L, et al. [2] clearly stated about the pharmacokinetic, pharmacodynamic and clinical effectiveness of voriconazole over other antifungal drugs where their resistance is increasing.
  • Sabo JA, et al. [3] based on the data search resources stated that treatment of superficial fungal infections to chronic conditions voriconazole shown to be a promising drug alternative among antifungals.
  • Hariprasad, et al. [4] reviewed clinical studies and case reports in ophthalmic research publications of the successful treatment of fungal eye infections utilizing voriconazole
  • Rathbun, et al. [5] evaluated the review studies regarding the safety and efficacy profile of voriconazole.
  • Pearson, et al. [6] studied the data pertaining to voriconazole and comparing with the amphotericin B drug which is highly effective.
  • Williams K, et al. [7] discussed the photosensitivity of voriconazole, that if not properly monitored may lead to squamous cell carcinoma stressed the need for further research studies.
  • Shi, et al. [8] summarized the studies on population pharmacokinetic models of voriconazole.
  • Pires de SA FAP, et al. [9] formulated liposomal delivery systems for voriconazole for treatment of fungal eye infections as ocular systems.
  • El-Hadidi GN, et al. [10] formulated microemulsions as a delivery vehicle for voriconazole as the drug is poorly water soluble.
  • Pandurangan DK, et al. [11] investigated the formulation of ophthalmic solid lipid nanoparticles in-situ gel voriconazole.
  • Asija R, et al. [12] formulated voriconazole ointments for topical delivery.
  • Esentruk I, et al. [13] formulated nanofibers of voriconazole for studying its effect against candida species.

Study Objective

To study exclusively about voriconazole drug manufacturer sales value marketed dosage forms.

Global market of voriconazole injection manufacturing Pharmaceutical companies with country of origin are tabulated as follows Tables 1 & 2.

S.NoManufacturerCountry
1PfizerAmerican
2Hainan Poly Pharm Co., Ltd.China
3Livzon Pharmaceutical Group Inc.,China
4Beijing Sl Pharmaceutical Co., LtdChina
5Changjiang Runfa Health Industry Co., Ltd.China
6Qilu Antibiotics Pharmaceutical Co., Ltd.China
7Jiangsu Aosaikang Pharmaceutical Co., Ltd.China
8Brightgene Bio-Medical Technology Co., Ltd.China
9Maithili Life SciencesIndia
10Mediziz BiotechIndia
11Criticine CareIndia
12Eugia UsUs
13Sandoz CanadaSwitzerland
14Vinson PharmaEngland
15AlvogenUs
16Taj PharmaIndia

Table 1: List of key manufacturers of voriconazole injection market with their country of origin.

S.noManufacturerCountry
1PfizerAmerica
2Teva PharmaceuticalsIsrael
3SandozSwitzerland
4Prinston Pharmaceutical Inc.China
5Wellona PharmaIndia
6Saphnix LifesciencesIndia
7A S LifesciencesIndia
8Medzeel LifesciencesIndia
9Ajanta PharmaIndia
10LupinIndia
11Saintroy LifesciencesIndia
12Chengdu Tajhe Technology Group Inc.Ltd.China
13Yangtze River Pharmaceutical Group Co. LtdChina
14Beijing Sl Pharmaceutical Co.Ltd.China

Table 2: Lists of Key Manufacturers of Voriconazole tablet market with their country of origin.

Major Voriconazole Drug Consumption, Region Wise are as Follows

  • Asia-pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)

Applications of Voriconazole in Hospital and Clinic

  1. Treatment of serious fungal or yeast infections as such • Aspergillosis (Infection in Lungs). • Candidemia (Blood infection). • Candidiasis (candida oesophagitis).
  2. Other fungal type infections Infections in • Skin • Kidney • Bladder • Wounds

Disadvantages of Voriconazole Drug

  1. Blurred vision
  2. Chapped red or swollen lips
  3. Chills
  4. Clay coloured stools
  5. Confusions,
  6. Dark urine
  7. Decreased urine
  8. Bloating in regions of face, arms, lower legs & feet
  9. Nausea Vomiting (Table 3)
ManufacturerBrand Name of Voriconazole Tablet/
Injection
StrengthCost
Zydus cadilaVorier 200200mg₹ 500/strip
Hetero healthcarevortero200mg₹ 800/strip
PfizerVfend200mg₹ 2450/strip
Voricort 200200mg₹1500/strip
Vorier injection200mg₹ 1000/vial
Max healthcareVorinix200mg₹ 200/unit
CeleonVoriz200mg₹ 950/strip
NatcoVorizol injection Z-Vorac200mg/2 ml vial
200mg
₹ 2700/vial
Voraze200mg₹ 1700/strip
₹ 3000/box
Glenmark pharmaceuticals ltdVosicaz injection200mg₹ 930/box
Cipla ltdvoritek200mg₹ 1900/strip
Zydus OncosciencesVorier injection200mg₹ 440/vial
Questus enhancing livesQuinil injection200mg₹ 250/vial
Lupinvoritrol200mg₹ 300/strip
Neon labsvorineon200mg₹ 700/vial
Integrated laboratories private
ltd.
Worizole 200200mg₹ 3800/piece
Lifecure biotechVorilife200mg₹ 4246/vial
GuficGufivor200mg₹ 200/vial
VorierVorier injection200mg₹ 1000/vial
Ranbaxyvorzu200mg₹ 3000/strip
Zydus celexaVorizol200mg₹ 2200/strip
Vorinix injection200mg₹ 300/vial
JIPSVasizole-200200mg₹ 4,200/strip
Intas Pharmaceuticals Ltd.vorinix200mg₹ 700/box

Table 3: Details of voriconazole manufacturer with brand name, strength and cost price.

Major exporting countries for voriconazole from India are Bangladesh, Japan, Turkey, Brazil, Egypt, Russia, United Arab Emirates, Spain. Voriconazole API (active pharmaceutical ingredient) market in India expected to reach from 12.59 billion dollars in 2023 to 18.76 billion dollars in 2028 with 8.31% CAGR.

Promising Future Outlook of Voriconazole (API) Market

For successful sustenance of in the global market the market research analysis reports the promising future of voriconazole industrial chain with continuous growth. Owing to its growing demand globally many companies started relying on outsource manufacturing for production with a win-win situation like benefits from expertized and rise of emerging markets in regions like Latin America & Asia-pacific. There will be a cost benefit and also accessing skilled workforce. There is also utmost focus on outsourcing partners that they must and should comply strictly with the regulations which are critical in industry equipping with technologically advancements in manufacturing unit for cost-effective and qualitative products (Figure 1).

Figure 1: Future outlook of voriconazole (API) market.
Click to enlarge
Figure 1: Future outlook of voriconazole (API) market.

Opportunities and Challenges in Voriconazole API Market

For withstanding in the market following key-points are crucial. Competition: It has to passthrough the competition in areas of leading technical advancements, continuous innovation process and its product dominance in market with pricing.

Security: Security is a challenging issue to secure the sensitive data and protect from breaches.

Focus on Sustenance: Customer needs to be given Priority (Usage Of Eco-Friendly Materials) For Environmental Protection and Consciousness.

Conclusion

The present research study on the market scenario of the Voriconazole API, proves to be promising and the continuous efforts put by the companies for sustenance in the global market worth studying and appreciating the efforts put by the R& D striving for the patient compliance in formulation development for the treatment of deadly fungal infections and strive for early recovery is the motive of the research studies.

Acknowledgements

The authors are thankful to Dr.REDDY’S laboratories and Dr. Jyoshi Reddy for providing the gift sample.

References

  1. Rubio-Terrés C, Grau S (2010) Pharmacoeconomics of voriconazole. Expert Opinion on Pharmacotherapy 11(6): 877-887.
  2. Jeu L, Piacenti FJ, Lyakhovetskiy AG, Fung HB (2003) Voriconazole. Clinical therapeutics 25(5): 1321-1381.
  3. Sabo JA, Abdel-Rahman SM (2000) Voriconazole: a new triazole antifungal. Annals of Pharmacotherapy 34(9): 1032-1043.
  4. Hariprasad SM, Mieler WF, Lin TK, Sponsel WE, Graybill JR (2008) Voriconazole in the treatment of fungal eye infections: a review of current literature. British Journal of Ophthalmology 92(7): 871-878.
  5. Rathbun RC, Hoffman HL (2002) Review of the safety and efficacy of voriconazole. Expert opinion on investigational drugs 11(3): 409-429.
  6. Pearson MM, Rogers PD, Cleary JD, Chapman SW (2003) Voriconazole: a new triazole antifungal agent. Annals of Pharmacotherapy 37(3): 420-432.
  7. Williams K, Mansh M, Chin-Hong P, Singer J, Arron ST (2014) Voriconazole-associated cutaneous malignancy: a literature review on photocarcinogenesis in organ transplant recipients. Clinical infectious diseases 58(7): 997-1002.
  8. Shi C, Xiao Y, Mao Y, Wu J, Lin N (2019) Voriconazole: a review of population pharmacokinetic analyses. Clinical Pharmacokinetics 58(6): 687-703.
  9. Sá FAPD, Taveira SF, Gelfuso GM, Lima EM, Gratieri T (2015) Liposomal voriconazole (VOR) formulation for improved ocular delivery. Colloids and Surfaces B: Biointerfaces 133: 331-338.
  10. El-Hadidy GN, Ibrahim HK, Mohamed MI, El-Milligi MF (2012) Microemulsions as vehicles for topical administration of voriconazole: formulation and in vitro evaluation. Drug development and industrial pharmacy 38(1): 64-72.
  11. Pandurangan DK, Bodagala P, Palanirajan VK, Govindaraj S (2016) Formulation and evaluation of voriconazole ophthalmic solid lipid nanoparticles in situ gel. International journal of pharmaceutical investigation 6(1): 56-62.
  12. Asija R, Dhaker PC, Nema N (2015) Formulation & evaluation of voriconazole ointment for topical delivery. Journal of Drug Discovery and Therapeutics 3(26): 15- 22.
  13. Esenturk İ, Balkan T, Özhan G, Döşler S, Güngör S, et al. (2020) Voriconazole incorporated nanofiber formulations for topical application: preparation, characterization and antifungal activity studies against Candida species. Pharmaceutical development and technology 25(4): 440-453.
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@article{desai2024,
  title   = {Voriconazole (API): Global Market Growth Study Report},
  author  = {Desai S},
  journal = {Bioequivalence & Bioavailability International Journal},
  year    = {2024},
  volume  = {8},
  number  = {2},
  doi     = {10.23880/beba-16000238}
}
Desai S (2024). Voriconazole (API): Global Market Growth Study Report. Bioequivalence & Bioavailability International Journal, 8(2). https://doi.org/10.23880/beba-16000238
TY  - JOUR
TI  - Voriconazole (API): Global Market Growth Study Report
AU  - Desai S
JO  - Bioequivalence & Bioavailability International Journal
PY  - 2024
VL  - 8
IS  - 2
DO  - 10.23880/beba-16000238
ER  -