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Monoclonal Antibody Therapies Continue Rapid Growth in Cancer Market
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Added: 06/28/2004
Type: Summary
Viewed: 869 time(s)
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Monoclonal Antibody Therapies Continue Rapid Growth in Cancer Market
The worldwide market for cancer therapeutics based on monoclonal antibodies is continuing a dramatic growth curve, according to a new study released today from Kalorama Information. In only their third year on the market, revenues from monoclonals for the treatment of cancer are growing at nearly 40% annually.
The new study, "Monoclonal Antibodies in Cancer Therapy: Emerging Products and Markets," found that with expected product introductions and continuing clinical penetration, the now $3 to $4 billion industry, will approach almost $13 billion by 2008.
"Unlike other big-ticket drug areas, competition is limited in this market because of the very specific target each product is approved for," notes Melissa Elder, author of the report. "However, even if one area is being target well, such as Genentech in lymphoma, other areas, such as lung cancer, are considerably in need of attention. There is plenty of opportunity."
At least two (and as many as five) emerging monoclonal antibody-based cancer products will hit the market in 2005 according to the report which reviews over 120 products in currently in development. The study covers these emerging product and currently available treatments in eight oncology areas, projecting product launches, revenues, and competitive market positions of the major developers.
This new report is priced at $3500 and is available for purchase at http://www.kaloramainformation.com/pub/953907.html.
About Kalorama Information Kalorama Information, an imprint of MarketResearch.com, supplies the latest in independent market research for the life sciences. For more information, contact Steven Heffner at 212-807-2634 or sheffner@kaloramainformation.com, or visit www.KaloramaInformation.com.
About MarketResearch.com MarketResearch.com is the leading provider of global market intelligence products and services. With over 70,000 research publications from 350 research publishers, we offer instant online access to the world’s most extensive database of expert insights on global industries. Updated daily. For more information, contact Matthew Seward at 301-468-3650 x205 or mseward@marketresearch.com, or visit www.MarketResearch.com. |
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