European cancer monoclonal Antibodies Market Size, Share and Forecast 2020-2026
European cancer monoclonal
antibodies market is estimated to grow at a CAGR of 8.0% during the forecast
period. Increasing launches of monoclonal antibodies biosimilars is offering an
opportunity for market growth. For instance, in April 2020, Pfizer Inc.
declared the European Commission approval of RUXIENCE (rituximab). It is a
monoclonal antibody and biosimilar to MabThera (rituximab), which aims to treat
granulomatosis with polyangiitis, chronic lymphocytic leukemia, non-Hodgkin’s
lymphoma, rheumatoid arthritis, microscopic polyangiitis, and pemphigus
vulgaris. The biosimilars' approval including RUXIENCE is an essential
development to treat certain cancers and autoimmune conditions. It offers
effectiveness to improve access to treatment access while minimizing healthcare
costs.
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Additionally, in February 2018, Celltrion Healthcare declared the
European Commission approval of Herzuma (trastuzumab biosimilar, CT-P6). This
is intended for all indications offered by reference trastuzumab in the EU. It
is the third Celltrion Healthcare product that was approved in the EU and
established on the company’s increasing biosimilar portfolio. This has led the
company to market Herzuma in all 28 EU member states and the European Economic
Area to treat patients suffering from metastatic breast cancer, early breast
cancer, or metastatic gastric cancer. These launches of biosimilars represent
the European Commission's focus towards increasing access to cancer treatment
in the region, which in turn, will accelerate the market growth.
Market Coverage
·
Market
number available for 2019-2026
·
Base
year- 2019
·
Forecast
period- 2020-2026
·
Segment
Covered- By Type and Application
·
Countries
Covered- UK, Germany, France, Spain, Italy, and Rest of Europe
·
Competitive
Landscape- AstraZeneca plc, Pfizer Inc., F- Hoffman La-Roche AG, Novartis AG,
and Mylan N.V.
Recent Strategic Initiatives in the European Cancer Monoclonal
Antibodies Market
·
In June
2020, Sanofi S.A. declared the European Commission approval of Sarclisa
(isatuximab) along with dexamethasone (pom-dex) and pomalidomide to treat
adults suffering from relapsed and refractory multiple myeloma. It is a
monoclonal antibody that attaches to a particular epitope on the CD38 receptor
of MM cells.
·
In
January 2020, Roche declared that the European Commission has permitted
conditional marketing authorization for Polivy (polatuzumab vedotin), along
with bendamustine plus MabThera (rituximab) (BR), to treat adult patients with
relapsed or refractory (R/R) diffuse large B-cell lymphoma (DLBCL) who are not
candidates for a haematopoietic stem cell transplant.
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Key questions
addressed by the report
·
What is
the market growth rate?
·
Which
country/segment dominates the market in the base year?
·
Which
country/segment will project the fastest growth in the market?
·
How
COVID-19 impacted the market?
Ø
Recovery
Timeline
Ø
Deviation
from the pre-COVID forecast
Ø
Most
affected country/segment
·
Who is
the leader in the market?
·
How
players are addressing challenges to sustain growth?
·
Where
is the investment opportunity?
European
Cancer Monoclonal Antibodies Market-Segmentation
By Type
·
Naked
·
Conjugated
·
Others
(Bispecific)
By
Application
·
Breast
Cancer
·
Liver
Cancer
·
Blood
Cancer
·
Brain
Cancer
·
Colorectal
Cancer
·
Others
European
Cancer Monoclonal Antibodies Market– Segment by Country
·
UK
·
Germany
·
Spain
·
France
·
Italy
Rest of
Europe
Company
Profiles
·
AstraZeneca
plc
·
Bayer
AG
·
Bristol-Myers
Squibb Co.
·
F.
Hoffmann-La Roche AG
·
Genmab
A/S
·
GlaxoSmithKline
plc
·
Innate
Pharma S.A.
·
Mylan
N.V.
·
Novartis
AG
·
Pfizer
Inc.
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