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Date Submitted: 07/21/2016 10:41 PM
GLOBAL & USA CANCER IMMUNOTHERAPY
MARKET ANALYSIS TO 2020: Antibody Drug Conjugates
(ADCs), Bispecific Monoclonal Antibodies, Cancer Vaccines,
Cytokines, Interferons, Chimeric Antigen Receptor (CAR)
T-Cell Therapy, PD-1/PD-L1 inhibitors, Dendritic Cells,
Checkpoint Inhibitors, Adopted Cell Therapy (ACT) & IDO
Inhibitors
Prior to the launching of Yervoy, the five-year survival rate for patients with early stage
melanoma was 98%; but the five-year survival rate for late-stage melanoma was just 16%.
Yervoy has been reported to have a survival rate of 25% when tested alone. When tested as part
of a combination therapy treatment with Bristol’ s nivolumab, the two-year survival rates rose to
88% for patients with late-stage cancer. Increase in patient survival rates brought about by cancer
immunotherapy treatment is similar to that seen when bone marrow transplantation changed our
conception on how blood cancer was treated.
Therefore, it is no wonder that in 2013, most science journals hailed cancer immunotherapy as
the breakthrough treatment of the year. Conceivably, what makes advancements in cancer
immunotherapy research even more dramatic is the fact it has the potential to treat a wide range
of tumor types. If the present trends continue, cancer immunotherapy drugs will have a market
value of about $80 billion in 2020. A single drug, Bristol-Myers Squibb’ s Yervoy, for example
has earned revenues of about $960 million in 2013 and it is expected to have a market value of
$1,775.2 million in 2020.
To know more about this report, Click here:
https://marketreportscenter.com/reports/328787/global-usa-cancer-immunotherapymarket-analysis-to-2020
Recently, a new class of anti-cancer agents called checkpoint inhibitors has hit the market. In the
first week of September 2014, Bristol-Myers Squibb and Ono Pharmaceutical launched their PD1 (programmed cell death-1) inhibitor Opdivo (nivolumab) in Japan for unresectable melanoma.
Later, Merck got FDA...