ABVC BioPharma Anticipates $7M Licensing Income in 2025, Expands Botanical Drug Pipeline
February 20th, 2025 2:00 PM
By: Newsworthy Staff
ABVC BioPharma projects significant licensing revenue in 2025 from global agreements targeting major depressive disorder and ADHD treatments, while advancing its botanical drug development strategy in rapidly expanding pharmaceutical markets.
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ABVC BioPharma is positioned to receive $7 million in cash licensing income during 2025, driven by milestone-based payments from global licensing agreements signed in 2023 for innovative drug candidates targeting major depressive disorder (MDD) and attention-deficit/hyperactivity disorder (ADHD).
The company's strategic focus on developing novel therapeutic solutions is supported by promising market projections. The global MDD market is expected to grow from $11.51 billion in 2022 to $14.96 billion by 2032, with a steady compound annual growth rate (CAGR) of 2.8%. Similarly, the ADHD treatment market is forecasted to increase from $15.23 billion in 2022, maintaining a 7.3% CAGR through 2032.
ABVC's botanical drug development pipeline continues to demonstrate significant potential, aligning with the global botanical drug market's impressive projected growth. Valued at $163 million in 2021, this market is anticipated to experience a remarkable 39% CAGR, reaching $3.2 billion by 2030.
The company is not only focusing on licensing and drug development but also plans to leverage its existing land assets for strategic infrastructure and research expansion. This approach aims to enhance operational capabilities, support ongoing research and development activities, and create opportunities for potential future partnerships.
With an active pipeline of six drugs and one medical device, ABVC BioPharma continues to collaborate with renowned research institutions, including Stanford University, University of California at San Francisco, and Cedars-Sinai Medical Center. These partnerships enable the company to conduct proof-of-concept trials and advance clinical development across multiple therapeutic areas.
The anticipated licensing income and ongoing market expansion demonstrate ABVC BioPharma's potential to innovate and deliver novel therapeutic solutions in the rapidly evolving pharmaceutical landscape.
Source Statement
This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,
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