Pharmaceutical

Rare diseases, as the name depicts, affect only a small number of people compared to the other disease. Worldwide, one out of 15 persons could be affected by a rare disease, which is equivalent to approximately 400 million people. Most Rare diseases are often chronic, serious, and life-threatening. In the USA, a disease is considered RARE, if the incidence is about 1 in 200,000 or fewer, as per the Orphan Drug Act (the ODA). However, a total of 25-30 million people is afflicted in the USA. As per NIH, around 30 million Americans are afflicted with one of approximately 7000 known rare diseases, which is not a small number. With each passing year, the diagnosis ...