[PDF] Lifestyle Drugs Market Must Reflect Steady Growth and Future Reach – UNLV The Rebel Yell
Lifestyle drugs are drugs that are used to treat way of life sickness. These are the diseases that arise from our lifestyle choices, which include baldness, impotence, wrinkles, alcoholism, or smoking. These conditions are mostly non-threatening and painless. Over-the-counter lifestyle drugs can be used to change not only the appearance, but also the physical and mental abilities of a person.
Some examples of lifestyle drugs include Viagra (sildenafil citrate), which is used for erectile dysfunction, Latisse and Botox are used as cosmetic drugs, Provigil (modafinil) used to improve energy and focus, Yaz and Levora are the United States Food and Drug Administration. approved birth control drugs, and Zyban or Chantix are smoking cessation drugs.
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Major Company Profiles Covered In This Report: Pfizer Inc, Biesterfeld Spezialchemie GmbH, Roman Inc, Sytheon Ltd., Unilever plc, Johnson & Johnson, Neutrogena Corporation, Oriflame cosmetics, Eli Lily & co, Novo Nordisk A / S, AstraZeneca plc. GlaxoSmithKline plc. and Allergan plc.
The increase in product launches and approvals is expected to drive the growth of the global lifestyle drugs market. For example, on April 16, 2021, Mayne Pharma released a statement that the United States Food and Drug Administration (FDA) approved its Nextstellis, a birth control pill that contains E4, a natural estrogen, has a mechanism of action unusual, which may be more beneficial than other estrogens. Mayne Pharma is dedicated to creating new oral drug delivery systems to produce and distribute brand name generic drugs, delivering better and more accessible drugs to patients.
The increase in the consumption of tobacco and cigarettes among the people is expected to drive the growth of the global lifestyle drugs market. For example, according to the United States Centers for Disease Control and Prevention (CDC), in 2019, cigarettes were smoked by 14.0% of all adults (34.1 million people): 15.3% of men and 12.7% of women and each day approximately 1,600 young people try their first cigarette in the United States
Rising mergers, deals and acquisitions by market players are expected to propel the global lifestyle drugs market during the forecast period. For example, on January 23, 2020, Greenstone, Upjohn’s generic business in the United States and a wholly-owned subsidiary of Pfizer Inc., and Roman, an innovative digital healthcare clinic for men, officially confirmed an agreement. purchase that will provide Roman members with access to the only generic form of Viagra approved by the US FDA (sildenafil citrate). These factors are expected to support the growth of the global lifestyle drugs market during the forecast period.
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