R&D
research and development
Indications:Diabetic Wound

GM-XAN005

GM-XAN005 has completed preclinical experiments, demonstrating its efficacy in treating wounds in diabetic rats. It is anticipated that the application for US IND will be submitted in Q4 2024.

**Introduction to Diabetic Wound**

Diabetic wounds are a common complication among individuals with diabetes, with diabetic foot ulcers being the most widely recognized. Due to diabetes-induced neuropathy, patients lack sensation in their feet, making them susceptible to injuries. Additionally, vascular diseases result in tissue hypoxia, hindering wound healing. Elevated blood glucose levels also lead to decreased white blood cell function, creating a conducive environment for bacterial infection in wounds, forming chronic wounds that are challenging to heal.
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Currently, antibiotics are the primary drugs used in clinical settings to treat diabetic wounds, aiming to prevent infection. Although there is a protein drug that can accelerate tissue growth, its high cost and perceived limited efficacy contribute to its relatively low market adoption. The diabetic wound healing market still exhibits a substantial demand gap, and with the continuous increase in the number of diabetic patients, the demand for wound healing medications is steadily growing.
dfu-market-size-forecast

**Market Overview**

The incidence of diabetic ulcers is increasing due to rising numbers of patients with diabetes mellitus (DM). Diabetic foot ulcers (DFUs) are one of the most common complications of patients with DM which is not well controlled, with a reported prevalence rate ranging from 5.1% to 11.9% in DM patients. According to the market analysis report of Global market insights, the global market size for diabetic wound treatment was valued at USD 9.5 billion in 2023, and it is estimated to exceed USD 14 billion in 2030 at a compound annual growth rate (CAGR) of 5.8%. By product type, the wound care dressings segment held the largest market share of 54% in 2022, followed by wound care devices and biologics (Global market insights 2023). North America accounted for 54% of the global sales for the diabetic ulcer treatment in 2022, followed by Europe with 20% share (Precedence research 2023).
 
 

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