Future growth in sales of pharmaceutical treatments for cancer will primarily come from the emergence of innovative biologics and the monoclonal antibody class of drugs, says a new report from specialist information provider, URCH Publishing.
The leading monoclonal antibodies, Rituxan and MabThera (rituximab), Herceptin (trastuzumab) and Avastin (bevacizumab) all experienced annual growth rates in excess of 20% in 2005. Furthermore, these three drugs are currently undergoing significant lifecycle development amounting a total of more than 15 late-stage clinical trials in 2006 (Phase II studies or later), says Cancer Market Trends 2006-2010: Key market forecasts and growth opportunities.
Despite only being launched in 2004, the Avastin lifecycle management program is forecast to generate sales of over $9.0 billion by 2010, overtaking Rituxan/ MabThera as the leading cancer drug by global sales revenue, according to URICH.
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