The market for orphan drugs is set to grow over the next 4 years, a pharmaceutical report says.
The top orphan drug therapeutic areas are blood, central nervous system, and respiratory, which account for more than 50% of the nononcology orphan drug market, according to a report from pharmaceutical intelligence firm Evaluate. In addition, the orphan drug market will grow from a 12% compound annual growth rate (CAGR) to 2024, double the 6% rate expected for nonorphan products, driven by new advancements.
Looking ahead, the recently released report predicts that sales of Roche Holding AG’s reference product, Rituxan (rituximab), will fall at the highest CAGR (—15.3%), from $6.9 billion in 2018 to $2.6 billion in 2024, as biosimilar competition takes hold and some patent protections begin to expire.
Upcoming competition includes CT-P10, which will be sold under the name Truxima by Celltrion and Teva for oncology indications only—a so-called “skinny label.” Roche retains patent exclusivity on some indications; those patents begin expiring through 2029.
The report said a number of “one and done” treatments for orphan diseases are approaching the market, including Novartis’s AVXS-101 (Zolgensma), a treatment for a rare, progressive, fatal neuromuscular disease in infants called spinal muscular atrophy type 1, and bluebird bio’s treatment for a type of sickle cell disease.
By 2024, orphan drugs are expected to reach $242 billion in sales and capture one-fifth of worldwide prescription sales.
In the United States, the median price differential decreased between orphan and nonorphan drugs by almost 50% in the last 4 years, but the mean orphan drug cost per patient of the top 100 US orphan drugs was almost 4.5 times greater than the nonorphan drug cost last year. The mean cost per patient per year of the top 100 orphan products was $150,854 in 2018 compared with $33,654 for nonorphan drugs.
One of the most expensive orphan drug products, reference eculizumab (Soliris), had the highest revenue per patient per year in 2018.
By 2024, the report predicts that reference ibrutinib (Imbruvica) will become the world’s top-selling orphan drug.
Biosimilar Market Development Requires Strategic Flexibility and Global Partnerships
April 29th 2025Thriving in the evolving biosimilar market demands bold collaboration, early global partnerships, and a fresh approach to development strategies to overcome uncertainty and drive future success.
How AI Can Help Address Cost-Related Nonadherence to Biologic, Biosimilar Treatment
March 9th 2025Despite saving billions, biosimilars still account for only a small share of the biologics market—what's standing in the way of broader adoption and how can artificial intelligence (AI) help change that?
President Trump Signs Executive Order to Bring Down Drug Prices
April 16th 2025To help bring down sky-high drug prices, President Donald Trump signed an executive order pushing for faster biosimilar development, more transparency, and tougher rules on pharmacy benefit managers—aiming to save billions and make meds more affordable for everyone.
Will the FTC Be More PBM-Friendly Under a Second Trump Administration?
February 23rd 2025On this episode of Not So Different, we explore the Federal Trade Commission’s (FTC) second interim report on pharmacy benefit managers (PBMs) with Joe Wisniewski from Turquoise Health, discussing key issues like preferential reimbursement, drug pricing transparency, biosimilars, shifting regulations, and how a second Trump administration could reshape PBM practices.