Momenta Pharmaceuticals and Sunpeaks Ventures Making Headway in Lucrative Anticoagulant Market
Five Star Equities Provides Stock Research on Momenta Pharmaceuticals & Sunpeaks Ventures
Press Release: Five Star Equities – 13 minutes ago
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Companies:
Momenta Pharmaceuticals Inc.Sunpeaks Ventures, Inc.
RELATED QUOTES
Symbol Price Change
MNTA 15.07 +0.00
NEW YORK, NY--(Marketwire -03/12/12)- The anticoagulant market continues to skyrocket as an aging population requires prevention from stroke and systemic embolism. While Warfarin has long dominated the anticoagulant market, several pharmaceutical companies are researching and developing new types of drugs that do not carry the same risks for uncontrolled bleeding as Warfarin to compete in the stroke prevention market. Five Star Equities examines the outlook for companies in the Healthcare sector and provides equity research on Momenta Pharmaceuticals Inc. (NASDAQ: MNTA - News) and Sunpeaks Ventures, Inc. (OTC.BB: SNPK.OB - News). Access to the full company reports can be found at:
www.fivestarequities.com/MNTA
www.fivestarequities.com/SNPK
According to a report released by Global Industry Analysts, Inc., the global anticoagulants market is projected to surpass $11.2 billion by the year 2015, driven by an aging global population, rising incidence of cardiovascular diseases, cancers, and acute hip and knee complications, as well as emergence of innovative therapeutics targeting new and previously targeted clotting factors.
Irena Melnikova, PhD, an analyst with TVM Capital in Boston, Massachusetts, wrote in Nature Reviews that the growth in anti-coagulants is being driven by the aging population, increased incidence of cardiovascular disease, and the availability of new medications.
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Sunpeaks Ventures, Inc. subsidiary Healthcare Distribution Specialists, LLC owns and markets Clotamin, a specialized over-the-counter multivitamin product designed exclusively for use by patients also on Warfarin. "By my calculations, if Sunpeaks is able to penetrate just 5% of the Warfarin market in just the U.S., sales for Clotamin could potentially surpass $25 million dollars annually," Mackie A. Barch, CEO of Sunpeaks said in a press release.
Part of Momenta Pharmaceuticals' pipeline includes M118 a "next generation" anticoagulant engineered to address the unmet needs in acute coronary syndrome, according to the company's website.
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