RNA market has immense potential to conquer the global market

9 Sep
2014

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Ribonucleic acid i.e. RNA contains large biological molecules that perform vital roles in regulations, coding, decoding and expression of genes. Unlike DNA, RNA is single-stranded molecule in most of its biological form. During many researches in the recent years, RNA based therapeutics has the ability to render targeted solutions for many chronic diseases such as AIDS, Cancer, Cardiovascular conditions and genetic disorders.

AMR report shows the RNA therapeutics market to value $1.2 billion, globally by 2020 growing with a CAGR of 28.4%.

What are the Market Drivers?-

Large scale funds from private and public sectors for research activities to explore the potential of RNA in diagnostic purposes.
Companies have their research focused on RNA based drugs. Government is funding programs for commercializing these drugs.
Biotech giants and Pharmaceuticals growing interests in developing novel delivery technology.
Antisense and RNAi as platform technologies enable researchers to speed up the research activities by defining gene sequencing for many chronic diseases.

The use of RNA therapeutics is more inclined to the oncology segment. North America has the highest share in the global market. Asia-Pacific and other geographies would grow substantially during the forecast period.

Key companies profiled in the report are-

Alnylam Pharmaceuticals, Inc.
Cenix BioScience GmbH.
Genzyme Corporation.
Dicerna Pharmaceuticals, Inc.
Silence Therapeutics PLC.
Tekmira Pharmaceuticals Corp.
Quark Pharmaceuticals, Inc.
Benitec Biopharma Limited.
ISIS pharmaceuticals Inc.

Akhilesh Prabhugaonkar

Author's Bio- Akhilesh Prabhugaonkar holds a bachelor’s degree in Electronics Engineering from the reputed Vishwakarma Institute of Technology. He has a special interest in the fields of forensics, world history, international relations and foreign policy, sports, agriculture, astronomy, security, and oceanography. An ardent bibliophile and melophile, Akhilesh loves to write on topics of his interest and various other societal issues. This love for writing made him enter the professional world of content writing and pursue his career in this direction.

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