TherapeuticsMD Investor Update; BrokerBank Securities, Inc. Offers Insight on Long-Term Uncertainty Amid Short-Term Catalysts
NEW YORK, July 15, 2014 /PRNewswire/ -- According to BCC Research, the global market for women's health therapeutics is expected to reach $22.5 billion in 2018. Due to a variety of factors, such as an aging worldwide population, an increasing awareness among patients and physicians, the introduction of new therapies into the market, and the overall disease pattern and treatment differences between men and women, this market is expected to grow at a CAGR of 3.5% over the next five years.
TherapeuticsMD, Inc. (NYSEMKT: TXMD) is a specialty pharmaceutical company that focuses on women's healthcare products primarily related to pregnancy, childbirth, nursing, pre-menopause, menopause and post-menopause. Their current prescription and over-the-counter (OTC) dietary supplement and cosmetic product lines consist of prenatal vitamins, iron supplements, vitamin D supplements, natural menopause relief products and stretch mark creams, and are marketed under TXMD's vitaMedMD and BocaGreenMD brands. In addition, the company is also conducting clinical trials for hormone therapy pharmaceutical products that are designed to alleviate the symptoms of and reduce the health risks resulting from menopause-related hormone deficiencies such as hot flashes, osteoporosis and vaginal dryness.
If approved and commercialized, TXMD's hormone therapy drug candidates will allow the company to enter the $3.8 billion hormone therapy market. Within this overall market, TXMD estimates that the US market opportunity for a combination drug (estradiol and progesterone) is just north of $2 billion, while an estradiol-only drug and a progesterone-only drug operate in a market of around $1 billion and $360 million, respectively.
A full in-depth analyst report on TXMD that includes risk factors, industry review, financial position, potential revenues, review of current business model, competition breakdown, analyst summary, and recommendation can be viewed by using the following link at no cost:
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SOURCE BrokerBank Securities, Inc.
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