Fenbendazole is a broad-spectrum anthelmintic drug of benzimidazole class. Fenbendazole is used to remove some gastrointestinal parasites from the stomach and intestines of animals. It is effective against nematodes, hookworms, whipworms, certain tapeworms and parasites called strongyle and strongyloides, respectively. Fenbendazole acts as an effective de-wormer as it controls and destroys these worms preventing their growth and reproduction.
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Fenbendazole Market Driver
The increase in research and development activities to improve the efficiency of fenbendazole in the treatment of various diseases in animals and humans is an important factor that stimulates the growth of the fenbendazole market. For example, in August 2018, researchers from the National Center for Human Genome Study and Research (NCHGSR), India, reported that fenbendazole has the potential to act as an effective anticancer agent. Fenbendazole can also be an effective remedy for evading the drug resistance commonly found in cancer therapy. To study this, the researchers first treated non-small cell human lung cancer cells with fenbendazole and found cancer cell death.
Given that the development of a promising molecule in an approved drug often involves considerable time and cost, the re-use of veterinary drugs in the treatment of diseases in humans can be effective and has shown promising results and should show a reduction in costs without the need to develop new drugs.
Eminent players –
The main operators operating in the global fenbendazole market include: Shaanxi Hanjiang Pharmaceutical Group Co., Ltd., Hubei KangBaoTai Fine Chemical Co., Ltd, Merck Sharp & Dohme Corp., Henan Purui Pharmaceutical Co., Ltd., Leo Bio care Private Limited, Supharma Chem., Intervet Inc., LASA Supergenerics Limited and Jiangsu Quality Horizons Pharmtech Co., Ltd.
To learn more about the latest market trends and insights, read the report entitled, "Market of fenbendazole, by product type (powder, tablet and liquid formulations), by application (cattle, sheep, pigs, hens, hens and others), and by region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) – Analysis of SIze, Share, Outlook and Opportunities 2018 – 2026", Published by Coherent Market Insights.