Top Parkinson’s Disease Players Strengthening their Global Foothold

Published Date : Nov 2023
Author : Shruti Gaikwad

Parkison’s disease is a neurodegenerative ailment predominantly affecting a person's movement. It is a chronic and progressive condition that develops when certain nerve cells (neurons) in the brain, specifically those in the substantia nigra, deteriorate or die. These neurons are responsible for producing a neurotransmitter called dopamine, which plays a crucial role in controlling muscle movement and coordination.

The leading players operating in this vertical are-

Baxter International

Established in 1931 by Donald Baxter, the company has its headquarters in Deerfield, Illinois, United States. It is a Fortune 500 company and one of the leading providers of medical products and services worldwide.

Baxter International is contributing to Parkinson's disease management and research by providing products and solutions that support healthcare institutions and professionals involved in diagnosing, treating, and researching the disease. This includes items such as medical devices used in the care of Parkinson's patients or pharmaceuticals that may help manage the condition's symptoms.

Danaher Corporation

Mitchell Rales and Steven Rales established the company in 1984. Its headquarters are located Washington, D.C., United States. Danaher is primary focussed on life sciences, diagnostics, and environmental and applied solutions.

Its life sciences businesses offer a wide range of research tools and equipment that could be used by researchers and scientists working on understanding the mechanisms of Parkinson's disease and developing new diagnostic methods. It also produces diagnostic equipment and technologies used in clinical laboratories and healthcare facilities. These instruments could be employed in the analysis of biomarkers or tests related to Parkinson's disease.

Carestream Health

Headquartered Rochester, New York, United States, the company was founded in 2007. It primarily focuses on providing a wide range of medical imaging and information technology solutions to healthcare organizations.

Carestream’s imaging equipment, such as X-ray and CT systems, can be used in the diagnosis and monitoring of various medical conditions, including those that affect the brain like Parkinson’s disease. Apart from that, it also provides healthcare IT solutions, which can include picture archiving and communication systems (PACS) and electronic health record (EHR) systems. These systems enable healthcare providers to store, retrieve, and manage patient data, which is crucial for tracking and managing the care of patients with chronic conditions like Parkinson's disease.

Boehringer Ingelheim

The company was established in 1885 by Albert Boehringer. Its headquarters are located in Ingelheim am Rhein, Germany. It is known for its research and development efforts in various therapeutic areas, including respiratory diseases, cardiovascular diseases, oncology, central nervous system disorders, and immunology.

Boehringer Ingelheim s actively engaged in research and development in the central nervous system disorder space, including Parkinson's disease. Its research works are leading to the development of new medications or therapies for managing the symptoms of the condition. It is known for developing the drug called Pramipexole (Mirapex ER)  for Parkinson’s patients. The company is also actively participating in clinical trials to evaluate the safety and efficacy of potential treatments for Parkinson's disease. These trials are essential for bringing new therapies to patients.

Dr. Reddy’s Laboratories

Established by Kallam Anji Reddy, the pharmaceutical company was set up in 1984. Its headquarters are located in Hyderabad, India. It is engaged in the research, development, manufacturing, and marketing of a wide range of pharmaceutical products, including generic medications, active pharmaceutical ingredients (APIs), biosimilars, and proprietary pharmaceuticals.

Dr Reddy’s Laboratories markets a range of generic medications, which are often used in the management of various medical conditions, including Parkinson's disease. It has developed Benztropine (Cogentin), a drug for Parkinson’s disorder.

Final Words

In the landscape of Parkinson's disease, top pharmaceutical and healthcare companies are making significant strides to strengthen their global foothold. Through a multifaceted approach, these industry leaders are actively engaged in research, innovation, and strategic partnerships to advance the understanding and management of this neurodegenerative condition. These key players are investing heavily in research and development, focusing on the discovery of novel therapies and treatment modalities aimed at alleviating the symptoms and slowing the progression of Parkinson's disease. Their efforts extend to exploring potential disease-modifying drugs and therapies that target the underlying mechanisms of the condition. Moreover, they are actively involved in conducting rigorous clinical trials to bring these promising treatments to market, offering new hope for patients and healthcare professionals.

Vishal SawantBusiness Development

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