Blog
Time for a change on the Change? The future of menopause care
Sarah Rickwood, Vice President, EMEA Thought Leadership
Daisy Oliver, Intern Analyst, EMEA Thought Leadership
Oct 06, 2023

With hormone replacement therapy being used to treat the symptoms of menopause since the 1940s, and bisphosphonates for osteoporosis since the 1970s, the treatment of menopausal symptoms and osteoporosis which affects many older women post-menopause has a long-established history. However, it is worth reflecting on the slowing or even pausing of innovation in this area of significant unmet need, which has consequences for the daily life and long-term health of at least half of the world’s older population.

The turbulent history of hormone replacement therapy

Hormone replacement therapy (HRT) has been used to treat symptoms of the menopause since the 1940s, when Premarin, a mixture of over 50 different oestrogens isolated from the urine of pregnant mares, was introduced for the treatment of hot flashes. Following subsequent approvals for the prevention and management of osteoporosis in the 1980s, and observational studies suggesting HRT may help prevent chronic conditions, such as osteoporosis, in postmenopausal women, its use rose rapidly throughout the 1990s. However, the safety of HRT was cast into doubt in 2002, when initial results from the Women’s Health Initiative study (WHI) showed an increased risk of coronary heart disease and breast cancer in women taking HRT. These findings, and the subsequent premature discontinuation of the trial, received significant media coverage and caused a change in perception of HRT among the public and the medical community. Prescribing guidelines were changed, and the use of HRT among postmenopausal women in the UK dropped from 30% in 2001 to 10% in 20051.

Subsequent analyses have shown that the benefits of HRT do outweigh the risks for many patients, particularly healthy women aged 50-602. However, it is still not recommended for those with a history of breast cancer or blood clots, and a negative public perception remains, with HRT uptake remaining below pre-2002 levels. 15% of UK women aged 45-64 are currently prescribed HRT, with a particular rise in transdermal (as opposed to oral) formulations being seen3,4. The lack of suitable treatment options for all women who need it has serious consequences, not only for women’s quality of life, but for society as a whole: a 2023 study by the Mayo Clinic estimated that days of work missed due to insufficiently treated menopause symptoms contribute an annual loss of $1.8 billion to the US economy5. There is an unmet need for non-hormonal alternatives to treat menopausal symptoms for those for who do not take HRT, either out of medical necessity or personal preference.

Menopause and osteoporosis pipeline; Source: IQVIA Pipeline Link, July 2023; IQVIA EMEA Thought Leadership analysis

Menopause innovation: nonhormonal treatments for vasomotor symptoms

To assess pharmaceutical industry activity addressing the burden of disease for women’s reproductive health, we investigated the pipelines for menopause and osteoporosis.

A particular focus of these efforts has been vasomotor symptoms (VMS)  (hot flashes and night sweats; which affect approximately 70% of women during the menopause, with symptoms lasting an average of 7 years6,7. After a decade with no new non-hormonal products being approved for menopausal VMS, this area has recently seen some much-needed innovation, with the FDA’s approval of Astellas’s Veozah earlier this year. This first-in-class neurokinin 3 receptor (NK3R) antagonist will provide an alternative to HRT for women with a history of breast cancer or blood clots, and those who prefer non-hormonal treatment. Bayer has another NKR antagonist in phase 3 trials, following its 2020 acquisition of KaNDy Therapeutics. Other innovative approaches in phase 2 trials include Daré Bioscience’s intravaginal ring that delivers estradiol and progesterone over 28 days, eliminating the need for a daily intervention like most HRT, and Vistagen’s rapid-onset nasal spray to treat VMS and migraines.

Osteoporosis: a common, under-treated, cause of death and disability in postmenopausal women

Osteoporosis is a significant cause of death and disability worldwide, particularly in postmenopausal women. It is estimated that 200 million women have osteoporosis, including 10% of women over the age of 60 and 20% of those over 708. Fractures due to osteoporosis rarely result in death directly, but they often cause a downwards spiral in health and independence, with life changing consequences for elderly women and wider impacts for healthcare systems. Approximately 20% of hip fracture patients die within a year, with 40% of survivors unable to walk independently one year later9. In US women aged 55 and older, osteoporotic fractures have a higher hospitalisation burden and associated cost than myocardial infarction, stroke or breast cancer10.

HRT has been approved for the prevention of postmenopausal osteoporosis since 1988 and is still recommended as a first-line therapy to prevent osteoporosis-related fractures for women under 60 or within 10 years after menopause11. However, as described above, HRT use has declined since the WHI. The most common treatment is bisphosphonates, more modern, once weekly, versions of which have been used since 1995. However, they can cause oesophageal ulceration so patients must remain upright for 30-60 minutes after taking them, with once weekly versions partially addressing this issue by reducing the time often frail patients must do this for. Two first-in-class injectable biologics, Prolia (denosumab), a RANKL inhibitor which blocks bone breakdown, and Evenity (romosozumab), a sclerostin inhibitor which enhances bone formation, were the highest-selling osteoporosis products in 2022, approved in 2010 and 2019 respectively. Following these, there is a lack of innovative products in development: while there are osteoporosis products in pipelines, of those for which this information is available, none have new molecular targets.

Even with current prevention and treatment options, osteoporosis is under-diagnosed and under- treated12. only 27% of women eligible for osteoporosis medication are being treated13. Screening, particularly in women aged 50-60, should therefore be a priority. A 2020 meta-analysis found that population screening using bone densitometry and fracture risk assessment, followed by targeted treatment, significantly reduces osteoporotic fractures14.

Can female health technology improve menopause care?

Over the last few years, there has been a rise in mobile applications and devices aimed at improving women’s health. The global female health technology (or ‘FemTech’) market was valued at $19 billion in 2019 and is forecast to be worth $60 billion in 202715. From January to August 2021, digital health start-ups aimed at women raised $1.3bn across 26 deals, with 31% of these being Series C or above. This is twice as much as was raised in the same period in 2020, and accounts for 7% of overall digital health funding16. The telehealth platform Maven Clinic became the first women-focused digital health start-up to achieve ‘unicorn’ status with a $1bn valuation in 202117. Marketed primarily towards employers, it connects women with healthcare specialists across fertility, maternity and parenting, and began offering menopause care services last year.

Menopause care lags behind other sectors in terms of digital health funding, with $79m raised relative to $316m and $330m for companies targeting pregnancy, postpartum and parenthood, and fertility, respectively, in 202118. However, with telemedicine uptake continuing to increase, particularly among women and those aged over 55, healthcare technology has a role to play in addressing unmet needs in this area19.

Conclusion

The menopause is a significant health event in the lives of billions of the world’s population. The way in which menopause affects women can be highly variable, but for some women serious health issues such as cardiovascular diseases, osteoporosis, and cancers can manifest around or following the menopause, and immediate menopausal symptoms such as hot flashes have significant quality of life impact on many more women. With rising life expectancies, women expect to be able to enter their menopausal and post-menopausal years with decades of good quality, healthy life ahead of them. Many existing pharmacotherapeutics are valuable resources but overall, too much of what is available is old, comes with significant caveats, and does not reflect the needs of the new generations of women now entering the menopause. The renaissance in valuable innovation in other high prevalence, chronic and often age-related conditions, notably cardiometabolism and CNS areas, as detailed in IQVIA’s white papers A renaissance for Cardiometabolic innovation20 and Two steps forward, one step back: the long road to success in CNS21 outline the potential that these areas have when the right innovation is developed to address long standing unmet needs. The coming years may well see a change for the change in terms of healthcare provision.

 

References

1Menon U, Burnell M, Sharma A, et al. Decline in use of hormone therapy among postmenopausal women in the United Kingdom. Menopause. 2007;14(3):462-467

2Lobo RA. Hormone-replacement therapy: current thinking. Nat Rev Endocrinol. 2017;13(4):220-231. doi:10.1038/nrendo.2016.164

3https://www.gov.uk/government/news/hundreds-of-thousands-of-women-experiencing-menopause-symptoms-to-get-cheaper-hormone-replacement-therapy

4Alsugeir, D., Wei, L., Adesuyan, M., Cook, S., Panay, N., & Brauer, R. (2022). Hormone replacement therapy prescribing in menopausal women in the UK: a descriptive study. BJGP open, 6(4), BJGPO.2022.0126. https://doi.org/10.3399/BJGPO.2022.0126

5Faubion SS, Enders F, Hedges MS, et al. Impact of Menopause Symptoms on Women in the Workplace. Mayo Clin Proc. 2023;98(6):833-845. doi:10.1016/j.mayocp.2023.02.025

6Thurston, R. C., Sutton-Tyrrell, K., Everson-Rose, S. A., Hess, R., & Matthews, K. A. (2008). Hot flashes and subclinical cardiovascular disease: Findings from the Study of Women’s Health Across the Nation Heart Study. Circulation, 118, 1234–1240.

7Avis NE, Crawford SL, Greendale G, et al. Duration of Menopausal Vasomotor Symptoms Over the Menopause Transition. JAMA Intern Med. 2015;175(4):531–539. doi:10.1001/jamainternmed.2014.8063

8Lorentzon M, Johansson H, Harvey NC, et al. Osteoporosis and fractures in women: the burden of disease. Climacteric. 2022;25(1):4-10. doi:10.1080/13697137.2021.1951206

9Leibson CL, Tosteson AN, Gabriel SE, Ransom JE, Melton LJ. Mortality, disability, and nursing home use for persons with and without hip fracture: a population-based study. J Am Geriatr Soc. 2002;50(10):1644-1650. doi:10.1046/j.1532-5415.2002.50455.x

10http://www.bonehealthandosteoporosis.org/wp-content/uploads/2016/01/1047.pdf

11de Villiers TJ, Gass ML, Haines CJ, et al. Global consensus statement on menopausal hormone therapy. Climacteric. 2013;16(2):203-204. doi:10.3109/13697137.2013.771520

12https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4520366/

13https://doi.org/10.1080/13697137.2021.1951206

14https://pubmed.ncbi.nlm.nih.gov/31838551/

15https://www.emergenresearch.com/industry-report/femtech-market

16https://rockhealth.com/rock-weekly/the-new-billion-dollar-wave-in-women-digital-health/

17https://fortune.com/2021/08/17/maven-clinic-fundraise-series-d-unicorn-women-family-health/

18https://rockhealth.com/insights/building-comprehensive-women-digital-health-eight-sectors-serving-women-needs/

19https://rockhealth.com/insights/consumer-adoption-of-digital-health-in-2022-moving-at-the-speed-of-trust/

20https://www.iqvia.com/library/white-papers/a-renaissance-for-cardiometabolic-innovation

21https://www.iqvia.com/library/white-papers/two-steps-forward-one-step-back-the-long-road-to-success-in-cns

Contact Us