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Global erdosteine industry share is consolidated, and the key players include:
Various manufacturers are primarily focusing on strategic initiatives such as acquisitions, partnerships and joint ventures to expand product portfolio and achieve market growth. Leading companies are also engaged in significant research & development activities to expand the application potential of their products and gain additional customers.
For instance, Recipharm, a leading pharmaceutical company announced in 2020 that it was conducting research on its erdosteine product to investigate if it improved the recovery rate of COVID-19 patients after discharge from hospital. Various clinical studies were conducted to verify if the product enhances respiratory symptoms and reduces the time required to achieve a negative COVID-19 test result.