Towards Healthcare
Drug Repurposing Market to Surge USD 2506.64 Mn by 2035

Drug Repurposing Market Fueled by Emerging Biologics Demand

Based on market forecasts, the global drug repurposing market, projected at USD 636.95 million in 2025, is expected to reach USD 2506.64 million by 2035, growing at a CAGR of 14.76% over the forecast period. The world is demanding faster, more affordable alternatives for the traditional drug development process. North America registered dominance with a supportive regulatory framework.

Category: Pharmaceuticals Insight Code: 6424 Format: PDF / PPT / Excel

The global drug repurposing market size is calculated at US$ 636.95 million in 2025, grew to US$ 730.96 million in 2026, and is projected to reach around US$ 2506.64 million by 2035. The market is expanding at a CAGR of 14.76% between 2026 and 2035.

Drug Repurposing Market Trends and Growth (2025)

An immense growth in rare and chronic diseases, like cancer, neural disorders, and other diseases, is fostering groundbreaking developments in the discovery of new applications of existing drugs. Alongside, the drug repurposing market is promoting the use of AI, ML, and deep learning algorithms for studying complex biological databases. However, the emergence of 3D cell culture models, HTS, GNNs, and other novel approaches is expanding the drug development processes especially for biologics and small molecules.

Key Takeaways

  • Drug repurposing sector pushed the market to USD 636.95 million by 2025.
  • Long-term projections show USD 2506.64 million valuation by 2035.
  • Growth is expected at a steady CAGR of 14.76% in between 2026 to 2035.
  • North America captured a major revenue share of the drug repurposing market in 2024.
  • Asia Pacific is expected to be the fastest-growing region during 2025-2034.
  • By type of approach, the disease-centric segment led the market in 2024.
  • By type of approach, the target-centric segment is expected to grow at a notable CAGR in the predicted timeframe.
  • By therapeutic area, the same therapeutic area segment captured a lucrative share of the market in 2024.
  • By therapeutic area, the different segments are expected to register significant expansion during 2025-2034.
  • By drug molecules, the biologics segment dominated the drug repurposing market in 2024.
  • By drug molecules, the small molecule segment is expected to grow at a notable CAGR in the coming years.

Quick Facts Table

Table Scope
Market Size in 2025 USD 636.95 Million
Projected Market Size in 2035 USD 2506.64 Million
CAGR (2026 - 2035) 14.76%
Leading Region North America
Market Segmentation By Type of Approach, By Therapeutic Area, By Drug Molecules, By Region
Top Key Players Excelra, Fios Genomics, Lantern Pharma, Inc., Novartis AG, Paradigm Biopharmaceuticals Ltd, Predictive Oncology, Segue Therapeutics, LLC, Sosei Group Corporation, Teva Pharmaceutical Industries

Extensive Technological Advancements: Leveraging the Study of Complex Databases

The respective market is exploring diverse strategies to determine novel applications of existing investigational drugs. The global drug repurposing market is primarily fueled by a rise in the requirement for quicker, affordable drug development, breakthroughs in AI and bioinformatics, as well as a rising shift towards the extension of the value of existing assets from different companies. Along with AI and ML approaches, researchers are developing knowledge graphs (KGs) and graph neural networks (GNNs), which will assist in organizing complex biological data. Besides this, GNNs support screening of large drug databases and predictions of possible new targets.

Drug Repurposing Market Outlook:

  • Global Expansion: It is impacted by a rise in its affordability, speed, and lower risk as compared to traditional drug development.  In January 2025, Every Cure expanded its alliance with Google Cloud to use AI platforms in the detection and acceleration of the development of treatments for rare diseases.
  • Major Investor:  In July 2025, Healx collaborated with SCI Ventures in a $2 million alliance for using AI to find new applications for existing drugs to treat spinal cord injury.
  • Startup Ecosystem: In May 2025, A new startup called Grace launched, intending to use AI to repurpose abandoned drugs, looking for initial funding of $10-20 million. 

US FDA-Approved Drug Repurposing in 2024-2025

Drug Name Originally Used for Approved for
Tirzepatide Type 2 diabetes Obstructive sleep apnea 
Nogapendekin alfa inbakicept-pmln Non-alcoholic steatohepatitis (NASH)  Primary biliary cholangitis 
Bumetanide nasal spray Edema  Edema (fluid buildup) associated with congestive heart failure, liver, or kidney disease

Immersion of Gen AI & HTS: Impacting the Technological Advances

The global drug repurposing market is widely approaching highly sophisticated technologies, like AI, ML, and other deep learning solutions. Whereas, they are fostering the contribution of gen AI & large language models (LLMs), which allows faster hypothesis development with the analysis of huge biomedical literature, patents, and clinical records for revealing hidden linkage between drugs and diseases. However, advanced HTS, such as the application of organoids and 3D cell cultures, are offering more physiologically relevant models for testing large compound libraries, accelerating predictive power.

Segmental Insights

Type of Approach Insights

Which Type of Approach Led the Drug Repurposing Market in 2024?

In 2024, the disease-centric segment accounted for the largest share of the market. The segment is driven by greater expenditure and delayed timelines of conventional drug discovery, and the increasing need for treatments for rare and neglected conditions. The leaders are uncovering AI integration in clinical, genetic, and epidemiological information, and establishing foundation models for "zero-shot" therapeutic estimations on new diseases.

Target-Centric

The target-centric segment will expand significantly in the coming era. This eventually encourages the discovery of existing drugs’ targets, which are related to a new disease, like the tyrosine-protein kinase ABL in Parkinson's disease. This further explores new potentials for repurposing. Also, the market is increasingly relying on AI for virtual screening, the analysis of gene expression, and building large-scale networks.

Therapeutic Area Insights

Why did the Same Therapeutic Area Segment Dominate the Market in 2024?

The same therapeutic area segment held a dominant share of the drug repurposing market in 2024. This approach minimizes spending and time as compared to novel drug development, due to a known safety & efficacy drug profile. The current advances are stepping into the integration with other plans, like the use of nanotechnology for optimizing the delivery of repurposed drugs, mainly in cancer therapy.

Different Therapeutic Area

In the coming years, the different segments are predicted to expand notably. This mainly facilitates a practical solution for diseases with certain efficacious treatment options, and increased concerns in traditional drug development processes. Ongoing efforts are impacting the combination of drug repurposing with immunotherapy for creating efficient combination therapies for diverse diseases.

Drug Molecules Insights

Which Drug Molecules Dominated the Drug Repurposing Market in 2024?

In 2024, the biologics segment accounted for the biggest share of the market. The segmental growth is propelled by the growing requirement for novel treatments for chronic, rare, and complex diseases, advancements in biotechnology, and strategic alliances within the industry. These leading companies are bolstering detailed biological pathway models and executing both serendipitous and mechanism-based discoveries, especially repurposing a diabetes drug for cancer treatment.

Small Molecule

During 2025-2034, the small molecule segment is anticipated to register lucrative expansion. Involvement of repurposing for small molecules leverages rigorous safety and toxicity testing in early clinical trial phases or the history of their clinical application. Nowadays, researchers are working on the detection of small-molecule drugs that can be repurposed for targeting DNA repair pathways, such as a new plan for cancer therapy, including spironolactone.

Regional Insights

What Made North America Dominant in the Drug Repurposing Market in 2024?

In 2024, North America held the largest share of the market. This expansion is mainly driven by the presence of advanced research infrastructure, supportive regulatory landscapes, with expedited approval for repurposed drugs. Alongside, this region is promoting robust partnerships among AI startups, research centers, and large pharmaceutical companies for evolving repurposed drugs for different diseases.

For instance,

  • In August 2025, Fifty 1 AI Labs, a subsidiary of Fifty 1 Labs, Inc., partnered with LUNR Aerospace for the development of AI-enabled drug repurposing initiatives customized for space medicine.

Execution of a Suitable Regulatory Environment: US Market Analysis

As mentioned above, the region is highly implementing a robust regulatory framework, especially the US FDA, which has offered simplified pathways, like the 505(b)(2) application process, to enable implementation of existing non-clinical and clinical data, with lowered need for extensive new trials. Besides this, the incorporation of non-profit initiatives, like the contract empowered by the US Advanced Research Projects Agency for Health (ARPA-H) to Every Cure, facilitates major funding and support for repurposing research.

A Surge in Inexpensive Solutions is Driving the Asia Pacific

Asia Pacific is anticipated to register the fastest expansion in the drug repurposing market in the studied years. The possession of a vast pharmaceutical hub and the continuous innovations in R&D activities are imposing the latest developments in the respective market. Moreover, the ASAP companies are seeking to adopt a more affordable and quicker solution than the conventional drug development.

For instance,

  • South Korea has taken steps to expand AI-powered drug discovery, with the introduction of the South Korea AI Roadmap, a five-year initiative for combining AI with healthcare. This extends through 2028, focused on boosting AI R&D in healthcare and drug development.

Implementation of Preclinical Validation Platforms: Chinese Market Analysis

For highlighting the concerns regarding the multi-component nature of TCM, Chinese researchers are applying well-sophisticated preclinical validated models, including 3D bioprinting and organoid models (e.g., gut-liver-brain organ-on-a-chip systems), for more precise efficacy and safety testing than traditional 2D cultures or animal models. The recent regulatory reformation includes the "Three-Combinations" policy, to enable the growth of new indications for TCM formulas that rely on a combination of TCM theory, clinical experience, and real-world evidence (RWE), instead of just traditional Randomized Controlled Trials (RCTs).

Unveiling Novel Projects is Fueling Europe

Europe is experiencing a notable growth in the drug repurposing market. In this era, the market is exploring the EU-funded REMEDi4ALL project for developing a platform for drug repurposing. Furthermore, the European Medicines Agency is expanding its pilot program on scientific advice for repurposing and revisions to the EU pharmaceutical legislation to encompass pathways for non-profit organizations to submit evidence for new uses of authorized medicines.

Expansion of Pricing Incentives: German Market Analysis

Inclusion of those drugs having a crucial portion (at least 5%) of their clinical trials in this region, which might have received higher feasibility in pricing and reimbursement policies, acts as a significant catalyst.

For instance,

  • In March 2024, Partex and Sanofi collaborated, with a focus on discovering novel opportunities through deeper analysis and lab validation studies.

South America’s Research Renaissance

Rising public–private collaborations and expanded pharmaceutical manufacturing in Brazil and Chile are fueling regional drug repurposing. Governments fund translational research centers and biomanufacturing parks, accelerating affordable therapeutic innovation and local clinical trials.

Argentina’s Regulatory Leap Forward

Argentina’s 2024 deregulation reforms simplified approval pathways for repurposed drugs. Coupled with growing domestic API production, universities and biotech startups are advancing oncology and rare-disease repurposing studies under streamlined ethical review systems.

MEA’s Pharma Localization Drive

Middle Eastern and African nations are investing in domestic drug manufacturing through technology-transfer partnerships. Egypt, Saudi Arabia, and South Africa are emphasizing repurposing to reduce import dependency and strengthen regional health resilience.

UAE’s Biotech Innovation Vision

The UAE’s Ministry of Health and Dubai Science Park initiatives promote repurposing through AI-based screening platforms. New GMP-certified facilities and government R&D grants enhance production agility and foster precision-medicine-focused repurposing pipelines.

The Drug Repurposing Market: Value Chain Analysis

R&D

This leverages the identification of candidate drugs (through computational or experimental methods), evaluation of their potential in preclinical models, the conduct of clinical trials, and finally, post-market monitoring. 

Key Players: BenevolentAI, Recursion Pharmaceuticals, and Healx, etc.

Clinical Trials & Regulatory Approvals

This includes testing of existing drugs for new uses, often fast-tracking them by studying their known safety profiles, and ultimately getting approved by various regulatory bodies.

Key Players: Brigham and Women's Hospital, Karolinska Institutet, etc.

Patient Services & Support

The market provides innovative treatments to patients with rapid and more cost-effective results by determining new uses for existing drugs.

Source- Bristol Myers Squibb (BMS), Cipla, Dr Reddy, etc.

Company Landscape

AbbVie Inc.

Company Overview:

Description: A research-based biopharmaceutical company focused on developing and commercializing advanced therapies in areas of high unmet medical need. Its substantial portfolio of existing small molecules and biologics positions it strategically for drug repurposing efforts, especially in immunology and oncology.

Corporate Information:

  • Headquarters: North Chicago, Illinois, United States
  • Year founded: 2013 (Spun off from Abbott Laboratories)
  • Ownership type: Public (NYSE: ABBV)

History and Background:

Background: Formed to focus on proprietary pharmaceuticals, inheriting a rich pipeline and portfolio from Abbott Laboratories. Drug repurposing is a key strategy for life-cycle management and pipeline expansion, leveraging the known safety profiles of existing compounds.

Key Milestones/Timeline:

  • 2024: Continued strong financial performance with total net revenues of $56.3 billion, reinforcing capacity for R&D investment.
  • July 2024: Rob Michael assumed the role of CEO, following the retirement of Rick Gonzalez, maintaining leadership continuity and focus on innovation.
  • 2025 (planned): Construction of a new $195 million active pharmaceutical ingredient (API) manufacturing facility in North Chicago to support next-generation medicines, including those in immunology and oncology.

Business Overview:

Focus: Discovery, development, manufacture, and commercialization of innovative medicines. Drug repurposing is integrated into the R&D strategy to accelerate development timelines and reduce risk, especially in complex diseases.

Business Segments/Divisions:

Pharmaceutical products: Focused on therapeutic areas including immunology, oncology, neuroscience, and eye care.

Allergan aesthetics: Products and services related to medical aesthetics.

Geographic Presence:

Global: Operations and sales in over 70 countries worldwide.

Key markets: United States (largest market), Europe, and other international regions.

Key Offerings:

Core repurposed potential: Leveraging established drugs like Humira (adalimumab) and compounds from its pipeline for new indications.

Therapeutic focus: Immunological diseases (Crohn's disease, psoriatic arthritis), oncology, and neuroscience disorders, where repurposing can address unmet needs.

End-Use Industries Served:

  • Biopharmaceutical & pharmaceutical companies: Internal R&D and collaboration.
  • Healthcare providers/hospitals & clinics: Distribution of therapeutic products.
  • Clinical research organizations (CROs): Clinical trials for new indications.

Key Developments and Strategic Initiatives:

Strategic focus: Accelerating the use of artificial intelligence (AI) and data convergence to speed up drug discovery, including the identification of repurposing candidates.

R&D investment: Increased adjusted R&D investment to $10.8 billion in 2024.

Mergers & Acquisitions:

Recent focus: Acquisition of Cerevel Therapeutics and Immunogen (completed 2024) to bolster neuroscience and oncology pipelines, which also opens up new compounds for potential repurposing strategies.

Partnerships & Collaborations:

Academic/biotech collaborations: Engagements to leverage external data, genomics, and translational medicine expertise for drug discovery and repurposing insights.

Product Launches/Innovations:

Innovation focus: Advancing combination therapies in its pipeline, such as risankizumab (skyrizi) combinations for inflammatory conditions, representing a form of repositioning for existing assets.

Capacity Expansions/Investments:

2025 investment: $195 million investment in its North Chicago API manufacturing plant for expanding U.S. production capacity.

Regulatory Approvals:

2024 approvals: Continued expansion of indications for key immunology drugs (e.g., Skyrizi for ulcerative colitis, Rinvoq for pediatric patients), representing successful life-cycle management and indication expansion (a form of repurposing).

Distribution Channel Strategy:

  • Direct sales force: Targeting healthcare professionals globally.
  • Specialty pharmacies: For high-cost, complex biological treatments.
  • Wholesalers and distributors: Broad reach across markets.

Technological Capabilities/R&D Focus:

  • Focus: Precision medicine, genomics, data convergence, and the use of AI/machine learning (ML) to improve the probability of success in the drug pipeline, which is highly beneficial for repurposing identification.
  • R&D investment: Substantial commitment to research and development ($10.8 billion adjusted in 2024).

Core Technologies/Patents:

  • Core assets: Patents related to small molecules, biologics, and novel therapeutic modalities.
  • Repurposing potential: Significant library of proprietary small molecules and biologics with known mechanisms and safety data.

Research & Development Infrastructure:

Infrastructure: Global R&D centers with capabilities in high-throughput screening, translational medicine, and clinical development.

Innovation Focus Areas:

  • Therapeutic areas: Immunology, oncology, neuroscience, and eye care.
  • Methodology: AI & data convergence to predict new indications for existing drugs.

Competitive Positioning:

Position: A top-tier biopharmaceutical company globally. Strong market leader in immunology and oncology. Drug repurposing is a key tool for extending the value of its diversified portfolio.

Strengths & Differentiators:

  • Strengths: Robust product portfolio, particularly in immunology, strong financial base ($56.3 billion net revenue in 2024), and strategic acquisitions bolstering its pipeline.
  • Differentiators: Scale of investment in R&D, advanced use of AI in discovery, and a large library of proprietary compounds.

Market Presence & Ecosystem Role:

Role: Major innovator and producer of specialized medicines. A significant end-user of drug repurposing technology for life-cycle extension and pipeline acceleration.

SWOT Analysis:

  • Strengths: Strong global market presence, robust product portfolio (immunology, oncology), high R&D investment, strategic acquisitions.
  • Weaknesses: High reliance on key blockbuster drugs like Humira, facing biosimilar competition, and integration risks from recent acquisitions.
  • Opportunities: Growth in emerging markets, strategic M&A to expand pipeline, leveraging AI/ML for drug repurposing, and expansion of existing drug indications.
  • Threats: Intense competition, patent expirations/biosimilar competition, regulatory challenges, and pricing pressures.

Recent News and Updates:

  • August 2025: Announcement of $195 million investment to expand active pharmaceutical ingredient manufacturing in the U.S.
  • 2024: Continued positive readouts and regulatory approvals for expanded indications of key immunology and oncology assets.

Press Releases:

  • August 12, 2025: AbbVie announces $195 million investment to expand active pharmaceutical ingredient manufacturing in the U.S.
  • 2024: Numerous releases detailing positive clinical trial data and regulatory milestones for pipeline and in-market assets.

Industry Recognitions/Awards:

General: Consistently recognized as a top global pharmaceutical company for r&d investment and innovation.

Novartis AG

Company Overview:

Description: A focused, innovative medicines company with a powerful research-driven pipeline. Drug repurposing is a crucial part of its strategy to deliver high-value medicines faster by leveraging existing compounds across its core therapeutic areas.

Corporate Information:

  • Headquarters: Basel, Switzerland
  • Year founded: 1996 (Merger of Ciba-Geigy and Sandoz)
  • Ownership type: Public (six: NOVN, NYSE: NVS)

History and Background:

Background: Formed from the merger of two long-standing chemical and pharmaceutical companies. Following the 2023 spin-off of Sandoz (generics/biosimilars), Novartis is now a pure-play innovative medicines company, intensifying its focus on breakthrough R&D and new technology platforms, which include advanced methods for drug repurposing.

Key Milestones/Timeline:

  • 2024: Delivered strong financial results with double-digit growth in sales (net sales $50.3 billion) and net profit, confirming the success of the pure-play medicines strategy.
  • 2024: Ranked number one in the access to medicine index.
  • 2023: Completion of the spin-off of Sandoz to become a fully focused innovative medicines company.

Business Overview:

Focus: Delivering high-value, innovative medicines to address high disease burden across four core therapeutic areas. Drug repurposing is supported by a large small-molecule and biologics library and is a cost-effective way to accelerate treatments.

Business Segments/Divisions:

Innovative medicines: This is the sole focus post-Sandoz spin-off, covering its branded pharmaceuticals.

Geographic Presence:

  • Global: Products available in approximately 140 countries.
  • Priority geographies: United States, China, Germany, and Japan.

Key Offerings:

  • Core repurposed potential: Leveraging established small molecules and biologics like Entresto (sacubitril/valsartan), Cosentyx (Secukinumab), and Kisqali (Ribociclib) for new or expanded indications.
  • Therapeutic focus: Cardiovascular-renal-metabolic, immunology, neuroscience, and oncology.

End-Use Industries Served:

  • Biopharmaceutical & pharmaceutical companies: Internal use and R&D partnerships.
  • Healthcare providers/hospitals & clinics: Major purchasers and dispensers of Novartis medicines.
  • Universities & research institutions: R&D collaborations, including drug repurposing initiatives.

Key Developments and Strategic Initiatives:

  • Strategic focus: Deepening focus on five technology platforms: chemistry, biotherapeutics (established), XRNA, radioligand therapy, and gene & cell therapy (emerging). Repurposing efforts are increasingly applied across these platforms.
  • Digital/AI strategy: Scaling data science and technology, including the use of AI/ML to improve R&D productivity, which directly benefits drug repurposing project selection and validation.

Mergers & Acquisitions:

Recent focus: Value-creating, bolt-on acquisitions and early-stage deals to strengthen the pipeline, including in radioligand therapy (RLT) and AI capabilities relevant to discovery and repurposing.

Partnerships & Collaborations:

Academic/industry alliances: Network of over 300 academic and 100 industry alliances for mutual scientific interest, including repurposing collaborations (e.g., AI-driven drug discovery partnerships).

Product Launches/Innovations:

Innovation focus: Advancing its pipeline of over 30 potential high-value new medicines. Emphasis on life-cycle management for key brands through indication expansion (repurposing).

Capacity Expansions/Investments:

R&D investment: Ongoing significant investment in R&D, including advanced platforms (XRNA, RLT) and enhanced technical capabilities (e.g., si/XRNA manufacturing).

Capital allocation: Balanced approach with investments in organic business, including R&D and capes.

Regulatory Approvals:

2024 approvals: Reached key innovation milestones, including Scemblix FDA accelerated approval for 1L Ph+ CML-CP and Kisqali EC approval for hr+/her2- stage II and III EBC (expanded indications).

Distribution Channel Strategy:

  • Direct sales/marketing: Focus on healthcare providers in priority geographies.
  • Global supply chain: Robust manufacturing and logistics network to ensure access to medicines globally.
  • Specialty distribution: For advanced therapy products like gene and cell therapies.

Technological Capabilities/R&D Focus:

  • Focus: Technology-powered R&D engine focused on delivering transformative medicines. Prioritizing five technology platforms (chemistry, biotherapeutics, RNA, RTL, gene & cell therapy).
  • Data science/AI: Significant investments in data science, technology, and AI to accelerate timelines and increase the probability of success, a core driver for repurposing.

Core Technologies/Patents:

  • Core assets: Extensive patent portfolio covering small molecules, biologics, and platform technologies (RLT, xRNA).
  • Repurposing advantage: Vast library of known compounds with established target and safety data for in silico (computational) repurposing.

Research & Development Infrastructure:

Infrastructure: Global biomedical research centers. Streamlined development portfolio with increased focus and enhanced competencies post-Sandoz spin-off.

Innovation Focus Areas:

  • Disease areas: Cardiovascular-renal-metabolic, immunology, neuroscience, oncology.
  • Approach: Delivering high-value medicines through technology leadership and R&D productivity improvement.

Competitive Positioning:

Position: Among the top global innovative medicines companies. Strong financial base and a focused strategy on breakthrough science. Its deep expertise across multiple therapeutic areas and technology platforms gives it a strong advantage in drug repositioning.

Strengths & Differentiators:

  • Strengths: Focused innovative medicines strategy, strong pipeline, significant investment in advanced technology platforms, and a powerful global market presence ($50.3 billion net sales in 2024).
  • Differentiators: Leadership in cutting-edge platforms (RLT, xRNA, cell & gene therapy) alongside a dedicated focus on leveraging data science for R&D productivity.

Market Presence & Ecosystem Role:

Role: Global leader in innovative pharmaceuticals. Active in shaping the future of medicine through investment in new modalities and efficient drug discovery/repurposing models.

SWOT Analysis:

  • Strengths: Strong focus on innovative medicines, robust pipeline, leadership in advanced technology platforms, strong financial performance, strong global presence.
  • Weaknesses: Integration and focus challenges from previous organizational complexity, ongoing risk of patent expirations on legacy products, and high drug pricing scrutiny.
  • Opportunities: Expansion of advanced therapy platforms (RLT, xRNA), significant untapped market potential in cardiovascular disease (e.g., Leqvio), leveraging AI for accelerated drug repurposing.
  • Threats: Increasing generic and biosimilar competition, regulatory hurdles, potential negative clinical trial outcomes for key pipeline assets, and global pricing pressures.

Recent News and Updates:

  • 2025 guidance: Net sales expected to grow mid- to high-single digit in 2025, with core operating income expected to grow high single to low double-digit.
  • 2024: Continued strong momentum in sales growth, driven by key in-market assets like Entresto and Cosentyx.

Press Releases:

2024: Multiple media releases detailing strong financial results, positive clinical trial data, and regulatory approvals across its core therapeutic areas.

Industry Recognitions/Awards:

  • 2024: Ranked number one in the access to medicine index.
  • General: Consistently recognized for scientific leadership and R&D pipeline strength.

Key Companies and Their contributions and offerings

  • Algernon Pharmaceuticals- It has provided drug repurposing of Repirinast for chronic kidney disease (CKD) and N, N-Dimethyltryptamine (DMT) for stroke and traumatic brain injury (TBI).
  • Biovista- A major player offered its core services in systematic drug repositioning (SDR) to biopharmaceutical companies,
  • Celentyx Ltd- It facilitates bespoke drug discovery services aimed at human immunology, such as the evaluation of existing drugs for potential use in new disease areas (drug repurposing). 
  • ChemBio Discovery, Inc.- A vital company provides consultancy and contract research services in computational drug discovery and development, which encompass assistance with drug repurposing.
  • Chord Therapeutics SA- It has revealed that CRD1 (cladribine), which was being repurposed for the treatment of rare neuroinflammatory diseases

Top Companies in the Market

  • Excelra
  • Fios Genomics
  • Lantern Pharma, Inc.
  • Novartis AG
  • Paradigm Biopharmaceuticals Ltd
  • Predictive Oncology
  • Segue Therapeutics, LLC
  • Sosei Group Corporation
  • Teva Pharmaceutical Industries

What are the Transforming Developments in the Drug Repurposing Market?

  • In October 2025, Nuformix launched a £228,081 open offer to escalate drug repurposing initiatives.
  • In January 2025, ParityQC, a quantum architecture company, and the University of Hamburg unveiled the QuADro (Quantum Algorithms for Drug Repurposing) project, which focused on drug development and repurposing using quantum computing.

Segments Covered in the Report

By Type of Approach

  • Disease-centric
  • Target-centric
  • Drug-centric

By Therapeutic Area

  • Same therapeutic area
  • Different therapeutic areas

By Drug Molecules

  • Biologics
  • Small molecule

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Western Europe
      • Germany
      • Italy
      • France
      • Netherlands
      • Spain
      • Portugal
      • Belgium
      • Ireland
      • UK
      • Iceland
      • Switzerland
      • Poland
      • Rest of Western Europe 
  • Eastern Europe 
    • Austria
    • Russia & Belarus
    • Türkiye
    • Albania
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • Taiwan
    • India
    • Japan
    • Australia and New Zealand
    • ASEAN Countries (Singapore, Malaysia)
    • South Korea
    • Rest of APAC
  • MEA
    • GCC Countries
    • Saudi Arabia
    • United Arab Emirates (UAE)
    • Qatar
    • Kuwait
    • Oman
    • Bahrain
  • South Africa
  • Egypt 
  • Rest of MEA 

Tags

  • Last Updated: 06 November 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Rohan Patil is a seasoned market research professional with over 5+ years of focused experience in the healthcare sector, bringing deep domain expertise, strategic foresight, and analytical precision to every project he undertakes.

Learn more about Rohan Patil

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi plays a critical role in ensuring the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar

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FAQ's

The drug repurposing market holds a valuation of USD 730.96 million as of 2026, and will expand to USD 2506.64 billion by 2035, achieving a CAGR of 14.76% between 2026 and 2035.

North America is currently leading the drug repurposing market due to the presence of advanced research infrastructure and supportive regulatory guidelines.

The drug repurposing market includes four segments such as by type of approach, by therapeutic area, by drug molecules, and by region.

Key trends include the increasing demand for cost-effective drug development, growth in small molecules, and innovations in AI and other technologies.

The market comprises concerns regarding intellectual property, regulatory pathway, profitability, and needed testing.

US FDA, NIH, NCATS, MHRA, ClinicalTRials.gov, EMA, CDSCO.