Tuesday, December 02, 2008 Free Registration Log-in to View Profiles
Empire Relations Group is a Premier Investor Relations Organization representing publicly-traded companies in their communications programs with existing shareholders and potential investors.
investments
OTCBB
OTCBB
Pressroom 
 
 Archived
 
 Non-Public Companies
 Consumer
 Energy, Environment & Natural Resources
 Financials
 Healthcare/BioTech
 Industrials
 IT & Computers
 Materials
 Telecommunications
 Utilities
 
 Public Companies
 Consumer
 Energy, Environment & Natural Resources
 Financials
 Healthcare/BioTech
 Industrials
 IT & Computers
 Materials
 Telecommunications
 Utilities
Search


Non-Public Companies : Healthcare/BioTech


Cutting Edge Information's Research on Monoclonal Antibodies Drives Forecasts for the Oncology Market

Jul 30, 2008 - 8:36:01 AM

News Source MARKET WIRE

Email this article
 Printer friendly page
RESEARCH TRIANGLE PARK, NC -- (MARKET WIRE) -- 07/30/08 -- By 2012, sales of monoclonalantibodies will represent nearly 50% of oncology drug sales, according to anew study by Cutting Edge Information.

Successful brands such as Rituxan, Herceptin and Erbitux are all expectedto grow by anywhere from 23% to 80% by 2013. Furthermore, there areseveral monoclonal antibodies, such as Amgen's Denosumab and Bristol-MyersSquibb's ipilumumab, in development poised to experience similar growthafter they launch.

The new report, "The Oncology Market Forecast to 2013," is a comprehensivestudy of more than 135 oncology drugs. The study includes detailedforecasts for each drug, including forecasts for individual drug classesand top oncology drug manufacturers. Download a complimentary brochurehere: http://www.cuttingedgeinfo.com/oncology/TA220_Download.asp

"In this era where blockbuster drugs are few and far between, the cancermarket is one area that is poised for tremendous growth," said Eric Bolesh,research team leader at Cutting Edge Information. "The amount of researchdollars that the pharma industry is spending on oncology drug developmentis sure to deliver new market leaders in the next five years."

Monoclonal antibodies' (MAbs) efficacy and diminished side effects makethem an attractive choice for oncologists. In 2007, MAb sales leapt by $3billion over 2006 levels to almost $14 billion. This increase comes thanksto the three highest-selling MAbs -- Herceptin, Rituxan and Avastin, whichcombined for more than $12.4 billion in 2007 after 2006 sales of $9.7billion.

MAb sales will continue to grow by a steady $2 billion to $3 billion peryear. Herceptin, Rituxan, Avastin and Erbitux will maintain marketdominance with nearly $25 billion in sales by 2012, or 89% of the MAbmarket. In addition, six new MAbs are slotted for launch in the next twoyears.

The 420+ page study examines 17 monoclonal antibodies and more than 120other drugs, and provides the following market analysis:

--  Individual Drug Profiles - Drug profiles include information about    drugs' competitive, strategic and market growth positions.--  Oncology Indication Market Outlook - Detailed outlooks for the breast,    colorectal, lung and prostate cancer and leukemia markets.--  Company Profiles - Oncology breakdowns for companies that either have    established oncology franchises or exciting development pipelines for new    cancer compounds.    

CONTACT INFORMATION:

Eric Bolesh
Email Contact
919-433-0209



Top of Page | Main News Index | EmpireRelations.com Home Page EmpireRelations.com Selected Clients News

Come see our services. Copr. © 2005 Empire Relations Group, Inc.

Healthcare/BioTech
Latest Headlines
Cooperative Agreement Reached Between the Kois Center and the California Center for Advanced Dental Studies
Medline Opens State-of-the-Art Distribution Center in Kentucky
ZONARE Medical Systems Awarded National Contract From HealthTrust Purchasing Group for Portable Ultrasound Systems
The NCSBN Board of Directors Appoints Myra Broadway to Fill the Vacancy on the Board Left by the Resignation of Gino Chisari, Area IV Director
Real-Life Stories of Diabetes Success
Tecan's Infinite(R) M1000 and Infinite F500 Multimode Readers Are Certified as DLReady(TM)
Base Technologies, Inc. Awarded Defense Health Information Management Systems Contract to Support In-Theater Deployed Tele-Radiology Systems
Cutting Edge Information Publishes Report Forecasting DPP-4 Inhibitor Sales to Increase 450% Through 2013
Lance Armstrong Named One of America's Best Leaders by U.S. News Media Group in Association With Harvard's Center for Public Leadership
Ontario Lung Association Urges Smoking Parents to Give Kids a "Free Ride"