Despite Major Patent Expiries, the Hematological Cancers Market will Exceed $70 Billion by 2022, says GBI Research
				
							
								
					
				
							
								
					
				
					
						
		| 28 Avril 2016
The company’s latest report*  states that this strong growth will occur in spite of a number of key  patent expirations for drugs including Rituxan, Gleevec and Velcade, as  new drugs hit the market and the prevalence of hematological cancers  increases. Yasser  Mushtaq, Senior Analyst for GBI Research, says: “The significant  revenue lost by targeted drugs such as Gleevec and Velcade will be  counteracted by recently approved drugs and pipeline products. Keytruda  (pembrolizumab), for example, which is already marketed for metastatic  melanoma, is in Phase III development for multiple myeloma and  refractory multiple myeloma. It is also in Phase II development for a  number of lymphomas and will therefore contribute to market revenue over  coming years. “A  number of drugs currently not marketed will also develop into  blockbuster drugs, including selinexor, venetoclax, KTEC-19, and  polatuzumab vedotin. Venetoclax in particular is expected to be very  lucrative, hitting sales of $3.5 billion in 2022, up from an estimated  $155.2 million in 2016. It is a selective, orally administered,  first-in-class small molecule therapy in development by AbbVie and  Roche, and is indicative of a trend in the market towards expensive  targeted therapies, including monoclonal antibodies (mAbs).” As  the use of targeted therapies continues to generate revenue above that  of non-specific chemotherapy classes of treatment, key companies  investing in the hematological cancers pipeline and targeted therapies  will drive the market substantially, according to GBI Research. Mushtaq  continues: “The major market players, including Celgene, Roche, AbbVie,  Novartis and Johnson & Johnson, are expected to maintain their  strong positions. Of these companies, AbbVie will display the strongest  growth, driven by its acquisition of Pharmacyclics, which was already a  strong performer in this disease cluster.” ----- Site français qui donne la parole aux dirigeants d’entreprises, aussi bien à ceux du CAC40, que ceux de startups et de sociétés qui innovent, Businesstoday.fr vous renseigne sur l'activité économique en France.
NEW YORK (GBI Research), 28 April 2016 - The  market for hematological cancers, which covers leukemia, lymphoma and  myeloma, is expected to more than double from $30.7 billion in 2015 to  $70.1 billion by 2022, representing a compound annual growth rate of  12.5%, according to business intelligence provider GBI Research.






