Amega biotech is a company specializing in the development and production of biosimilars, with a particular focus on recombinant proteins. The company operates four production sites and has established itself as a leading regional producer in the biosimilar market. Amega biotech's business model is centered around a comprehensive design approach and exports its products globally. The company's primary emphasis is on securing registrations in key central markets for its biosimilar products.
In the broader biosimilar growth hormone market, Amega biotech is recognized as one of the major players. This market, which includes products such as teriparatide, follitropin alfa, insulin, and somatropin, was valued at USD 0.64 billion in 2022 and is projected to reach USD 0.89 billion by 2026, growing at a compound annual growth rate (CAGR) of 8.4%. The increasing prevalence of growth hormone deficiency in children, estimated to affect one in every 3,800 babies, is a significant factor driving market growth.
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