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The Specialty Pharmaceutical market is a subset of the Pharmaceutical industry that focuses on the development, production, and distribution of drugs that require special handling, storage, and administration. These drugs are typically used to treat complex, chronic, and rare diseases, and are often more expensive than traditional pharmaceuticals. Specialty Pharmaceuticals are typically biologics, which are drugs derived from living organisms, or small molecule drugs, which are chemically synthesized.
Specialty Pharmaceuticals are typically distributed through specialty pharmacies, which are pharmacies that have specialized training and expertise in the handling and administration of these drugs. Specialty pharmacies also provide additional services such as patient education, drug therapy management, and reimbursement support.
Some companies in the Specialty Pharmaceutical market include AbbVie, Amgen, Biogen, Gilead Sciences, and Novartis. Show Less Read more