The Acute Agitation and Aggression Treatment Market is characterized by the presence of many global, regional, and local vendors catering to the demand created by research scientists and pharmaceutical and biotechnology companies operating in the industry. The market comprises tier-1, tier-2, and local players. The tier-1 and tier-2 players have reach across the globe with diverse product portfolios. Companies such as Eli Lilly and Company (US), Pfizer Inc (US), GlaxoSmithKline plc (UK), and Teva Pharmaceutical Industries Ltd (Israel) dominate the Acute Agitation and Aggression Treatment Market due to product differentiation, financial stability, strategic developments, and diversified regional presence.
The players are focused on investing in extensive research and development as well. Furthermore, they adopt strategic growth initiatives, such as expansion, product launches, joint ventures, and partnerships, to strengthen their market position and capture a large customer base.
One of the primary business strategies adopted by manufacturers in the global acute agitation and aggression treatment industry to benefit clients and expand the acute agitation and aggression treatment market sector is to manufacture locally to reduce operating costs.
GlaxoSmithKline is engaged in R&D and manufacturing innovative pharmaceutical medicine, vaccines, and consumer healthcare products across the globe. It operates through four segments, namely, pharmaceuticals, pharmaceuticals R&D, vaccines, and consumer healthcare. Its pharmaceutical segment offers innovative and well-established medicines in respiratory, human immunodeficiency virus (HIV), including lupus, psychiatry, neurology, urology, & anti-infectives, immunoinflamation, and oncology. Its vaccine segment includes pneumococcal disease, meningitis, hepatitis, rotavirus, whooping, cough, and influenza. The company has a significant global presence in more than 150 countries, including 87 manufacturing sites in 36 countries and large R&D centers in the UK, US, Spain, Belgium, and China.
For instance, in July 2021, GlaxoSmithKline plc (UK) collaborated with Alector (US) to co-develop progranulin-elevating monoclonal antibodies, AL001, and AL101, to treat neurodegenerative disorders. This helped the company to retain exclusive commercialization rights outside the US.
Also, Teva Pharmaceutical Industries Ltd (Israel) is one of the leaders in pharmaceutical industries engaged in developing and providing services in generic medicines. The company has more than 1,800 molecules used to create an extensive variety of generic products in almost every therapeutic area. It is specialized in generic medicines, the central nervous system (CNS), brand and specialty medicines, oncology, active pharmaceutical ingredients, respiratory, women’s health, and biologics. It operates in the following regions–North America, Latin America, Europe, Japan, and South Korea. It has 26 FDA-approved plants, and 31 European Medicines Agency (EMA) approved plants worldwide.