LA ROCHELLE, France–(BUSINESS WIRE)–Mar 11, 2019–Regulatory¬†News:
VALBIOTIS (Paris:ALVAL) (FR0013254851 ‚Äď ALVAL / PEA/SME eligible), a French Research & Development company committed to scientific innovation for preventing and combating metabolic diseases, today reported exclusive data on the prediabetes market, arising from an exclusive study conducted by AEC Partners in the United States, Canada and in 5 leading European countries (Germany, United Kingdom, France, Spain and Italy).
‚ÄúThis exclusive market study conducted by AEC Partners clearly presents a sizable market and demonstrates the value of the VALBIOTIS project. This is an exceptional opportunity: to market the first product with a strong health claim applicable to a population of more than 130¬†million prediabetics in North American and 5 European countries. By 2027, this market could grow threefold to ‚ā¨1.8 billion, driven by the increasing prevalence of prediabetes, the continuous progression of screening (13% expected in 2027, against 10% in 2018), the development of prevention programs and the growth of the market of prediabetes healthcare products. VALEDIA¬ģ could lead this market, with a prediabetes indication and unequivocal clinical proof of efficacy in this population. These data confirm the validity of VALBIOTIS‚Äôs strategic priorities in North¬†America and Europe. And the potential in the rest of the world ‚Äď¬†90% of the world‚Äôs population ‚Äď remains huge.‚ÄĚ Explains Josep Infesta, Head of Global Business Development¬†3.
Type 2 diabetes has become a global epidemic: the number of diabetics has increased by 50% between 2009 and 2017 4, reaching 425¬†million people affected (8.8% of the adult population) 5. By 2045, this number will rise to 630¬†million worldwide (9.9% of the adult population). 5
This disease could be avoided. Type 2 diabetes is preceded by a high-risk clinical stage, precursor to the disease, known as prediabetes. Sometimes known as ‚Äúintermediate hyperglycemia‚ÄĚ or ‚Äúdysglycemia‚ÄĚ, prediabetes has been defined by international organizations6,7,8 as an intermediate reversible stage, recognized in the 7 countries studied. Screening is based on simple blood tests, that can be performed in routine medical practice (ie. measurement of fasting blood glucose, oral glucose tolerance test, glycated hemoglobin levels). At this stage, an effective intervention can prompt a return to a normal physiological state or, at least, delay the onset of the disease.
Prediabetes: a fast-growing market
The study conducted by AEC Partners, a firm specializing in life sciences for market access, licensing and strategy consulting, details the size and maturity of the key VALBIOTIS markets today: the United States, Canada and the 5 leading European countries (Germany, Spain, France, Italy and United Kingdom). In these 7 countries, the prediabetes population was estimated in 2018 to be 134¬†million people, of whom 10% have already been diagnosed. The majority of the diagnosed population is American (more than 10¬†million in 2018, 12% of the American prediabetic population).
In the United States, the diagnosis rate has increased in recent years thanks to the mobilization of federal authorities, led by, among others, the Center for Disease Control and Prevention9. For example, the American Diabetes Association recommends to screen anyone over the age of 45 or with a BMI greater than 25 kg/m2with at least one additional risk factor, for prediabetes6.
In Europe, Germany and United Kingdom are particularly affected by this condition, with 14 and 12 million people being prediabetics, respectively.
A profile of the prediabetic individual has been established: over the age of 45 years, overweight, sedentary, but with no gender or ethnicity dimension.
The prediabetes market has been valued at an estimated ‚ā¨ 600 million in 2018 in the 7 countries studied. In 2027, with the increasing prevalence of prediabetes, a continuous increase in the diagnosis rate ( 13% in 2027 against 10% in 2018 ) thanks to the efforts of health authorities, the development of both prevention programs and the market of products dedicated to prediabetes, the prediabetes market could grow threefold and exceed ‚ā¨ 1.8 billion.
In the United States, a developing care pathway and a need for products specifically adapted to prediabetes
The AEC Partners study of the American market reveals that the management of diagnosed prediabetes is being built around health care professionals. National diabetes prevention programs focused on lifestyle change (diet and physical activity) exist and are validated by American health authorities. They are eligible for reimbursement by Medicare (up to ‚ā¨670 per followed program) and certain insurance plans. In 2012, health care expenditure related to prediabetes in the United States was already estimated at $44¬†billion 2. Spending related to diabetes represented $327¬†billion in 2017 10.
The study emphasizes the prescription of an anti-diabetic drug, metformin. This prescription, off-label, remains infrequent (0.7% to 3.7% of cases 11,12 ), nonetheless representing $170¬†million in annual sales. From the prediabetic consumer perspective, there is a real reluctance to use a drug without being diabetic and a preference for more natural solutions, including lifestyle changes 13.
Furthermore, the American market for dietary supplements that may be used for prediabetes is growing and currently houses several products. None of these products benefits from a health claim acknowledged by health authorities, to reduce the risk of type 2 diabetes in the prediabetic population.
Emerging treatment in Europe, following the example of the United States
In Europe, prediabetes management has reached various levels of maturity depending on the country, but includes the same elements as in the United States: screening, prevention and lifestyle-dietary programs, dietary supplements and metformin. This ‚Äúprediabetic journey‚ÄĚ is currently being developed according to the same principles as in the United States.
European efforts are expected to intensify over the upcoming years, as in the United States, in light of the major health and economic challenges facing the authorities and affected populations. Ultimately, the European market is expected to match the American market in terms of both size and maturity.
VALEDIA¬ģ: a unique value proposition for an unmet need on the prediabetes market
All of these elements justify the value proposition of VALEDIA ¬ģ, which will be launched on the market in 2021. VALEDIA ¬ģ will represent a new approach, based on plants, that meets the expectations of prediabetics.
VALEDIA ¬ģ will be backed by unequivocal clinical proof of efficacy in terms of reducing type 2 diabetes risk factors, based on studies conducted on prediabetics. This standard of proof will be supported by an exclusive health claim to reduce the risk of type 2 diabetes issued by the FDA, EFSA and Health Canada ‚ÄĒ a first and a real guarantee for people with prediabetes.
About TOTUM-63, the main active ingredient of VALEDIA¬ģ
TOTUM-63 is composed of a specific and patented combination of 5 plant extracts selected for their effects on metabolism. It acts on several targets involved in the physiopathology of type 2 diabetes in order to reduce the clinical risk factors of the disease. TOTUM-63 was developed to challenge perceptions of the prediabetes management and help protect the health of prediabetic patients.
TOTUM-63 has already been proven safe and effective in humans through a Phase¬†I/II clinical study 14. The results of a first Phase¬†II European study are expec