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Vinopocetine Drugs Market Outlook 2030
Vinopoectine is a synthetic derivative of the Vinca alkaloid Vincamine. Vincamine is isolated from seeds of Voacanga aricana or the leaves of Vinca minor. Vinopocetine can be used in improvement of blood circulation in brain and treatment of cerebrovascular disorders such as stroke & dementia. Vinpocetine is helpful to enhance memory in Alzheimer’s diseases and help to improve cognitive functions. Vinopocetine can cause adverse effects such flushing, nauseas, dizziness, dry mouth, hypertension, and others. Furthermore, during pregnancy vinopocetine can harm the development of fetus and cause miscarriage.
COVID-19 Impact Analysis
COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as Hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing shortage of these drugs. Thus, the pharmaceutical and biotechnology industry is expected to witness a significant growth in the future owing to the demand for vaccine and treatment drugs for COVID-19. This in turn is expected to have a significant impact on the vinopocetine drugs market.
Top Impacting Factors
Market Trends
R&D Activities for Launch of Novel Vinopocetine Product
In 2018, Food and Drug Administration announced vinopocetine can be used as dietary supplement in day to day lifestyle.
In 2018, a study conducted by PubMed shows that the vinopocetine is a multi caction agent with a number of pharmacological targets. Vinopocetine help to reduce inflammation, reduce the cell toxicity & cell death, and help in neurotransmission.
Key Benefits of the Report
Questions Answered in the Vinopocetine Drugs Market Report
Vinopocetine Drug Market Report Highlights
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Key Market Players | Haerbin Medisan, Sun Pharma, Wuhan Hualong Biopharmaceutical, Welman, Gedeon Richter, Micro Labs, Runhong, Liaoning Zhiying, ZhiTong, Northeast Pharma |
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