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Traditional drug discovery is associated with exorbitant investments, prolonged lead evolution timelines and high attrition rates; the fragment-based approach is a versatile technique, enabling researchers to mitigate a number of existing challenges
London
Roots Analysis has announced the addition of the “Fragment-based Drug Discovery Market: Library and Service Providers, 2020-2030” report to its list of offerings.
According to experts in this field, fragment-based drug discovery solutions have facilitated the identification of viable pharmacological leads against otherwise hard to target biomolecules. In fact, many service provider companies are offering fragment libraries and support to the medical research community in order to develop an appropriate intervention to treat the illness caused by the SARS-CoV-2 virus.
To order this 170+ page report, which features 55+ figures and 80+ tables, please visit this - https://www.rootsanalysis.com/reports/view_document/fragment-based-...
Key Market Insights
Over 85 firms claim to offer fragment-based drug discovery services and technologies
Of these, more than 40 players were observed to provide both fragment-based libraries and technologies. It is worth mentioning that more than 55% of the service providers use biophysical techniques, namely X-ray crystallography, surface plasmon resonance, and nuclear magnetic resonance, for fragment screening / optimization.
Europe has emerged as a services hub for fragment-based drug discovery
It is worth noting that nearly 50% of the library and service providers engaged in this field are headquartered in Europe. This is followed players based in North America (40%) and Asia Pacific (10%). Regions within Asia Pacific include (in decreasing order of number of companies) China, India, and Japan.
Partnership activity within this domain has grown at a CAGR of 74%, between 2015 and 2019
More than 65 agreements have been inked in the last five years; majority of these were research and development agreements (55%). This was followed by instances of merger and acquisition (19%); recent examples include (in reverse chronological order) acquisition of Prestwick Chemical by Domain Therapeutics (2019), Prosarix by RxCelerate (2019), and Sierra Sensors by Bruker (2018).
The fragment-based approach is estimated to save ~35% of the overall drug discovery cost
According to estimates presented in the report, by 2030, the adoption of fragment-based drug discovery is likely to result in cost savings of over USD 6 million, per small molecule. Apart from reducing the overall cost, this approach also enables saving in terms of time and other resources.
By 2030, North America is anticipated to capture 50% of the market opportunity
The market in Asia-Pacific is anticipated to grow at a relatively faster rate (10.9%). In terms of the type of service offered, by 2030, library screening (65%) is likely to represent the largest share of the market, followed by fragment optimization (23%) and fragment screening (12%) services.
To request a sample copy / brochure of this report, please visit this- https://www.rootsanalysis.com/reports/309/request-sample.html
Key Questions Answered
Who are the leading players in the fragment-based drug discovery library and services market?
Press Release: Current Format
What are the key biophysical techniques used by service providers for screening fragment libraries and lead optimization?
Which types of partnership models are commonly adopted by stakeholders in this domain?
What is the likely cost-saving opportunity associated with the use of fragment-based drug discovery?
How is the current and future market opportunity likely to be distributed across key market segments?
The USD 1.6 billion (by 2030) financial opportunity within the fragment-based drug discovery market has been analyzed across the following segments:
Type of Screening Technique Used
X-ray Crystallography
Nuclear Magnetic Resonance
Surface Plasmon Resonance
Other Screening Techniques
Type of Service Offered
Library Screening
Fragment Screening
Fragment Optimization
End User
Industry Players
Non-Industry Players
Key geographical regions
North America (US and Canada)
Europe (UK, France, Germany, Spain, Italy, and rest of Europe)
Asia-Pacific (China, Japan, India, and rest of Asia-Pacific / rest of the world)
The report features inputs from eminent industry stakeholders, according to whom the fragment-based approach significantly simplifies the drug discovery process. The report includes detailed transcripts of discussions held with the following experts:
Jean-Yves Ortholand (Co-founder and Chief Executive Officer, Edelris)
Björn Walse (Chief Executive Officer, SARomics Biostructures)
The research covers profiles of key players (listed below); each profile features an overview of the company, its financial information (if available), information related to the fragment-based drug discovery focused service portfolio, recent developments and an informed future outlook.
2bind
Charles River Laboratories
ChemAxon
ComInnex
Creative Biolabs
Creative Biostructure
CRELUX
Domainex
Evotec
Red Glead Discovery
SARomics Biostructures
Shanghai ChemPartner
Sygnature Discovery
Vernalis Research
For additional details, please visit
https://www.rootsanalysis.com/reports/view_document/fragment-based-... or email [email protected]
You may also be interested in the following titles:
Press Release: Current Format
1. DNA-Encoded Libraries: Platforms and Services Market
2. Antibody Discovery: Services and Platforms Market (2nd Edition), 2018-2028
3. In Silico / Computer-Aided Drug Discovery Services Market: Focus on Large Molecules (Antibodies, Proteins, Peptides, Nucleic Acid, Gene Therapy and Vectors), 2020-2030 (Including Structure Based Drug Discovery, Fragment Based Drug Discovery, Ligand Based Drug Discovery, Target Based Drug Discovery, Interface Based Drug Discovery Approaches)
Contact:
Gaurav Chaudhary
+1 (415) 800 3415
+44 (122) 391 1091
[email protected]
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