Market Analysis

New report forecasts staggering growth of chemotherapy market in next 10 years

Published in Cancer Weekly, June 19th, 2006

In a market currently valued around US$42 billion, cancer chemotherapies are on course for staggering growth potential and may revolutionize cancer treatments over the next 10 years, according to a new report from biopharma market research publisher, Spectra Intelligence.

"The chemotherapy market is currently the fastest growing in the pharmaceutical industry, driven by the explosion of potential therapeutic targets revealed by the molecular genetic assessments of cancer biology and fuelled by the magnitude of the disease worldwide, which shows every indication of increased incidence and sustained mortality rates over the next decade," said report author Sarah Crawford,...

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Source: Cancer Weekly (2006-06-19)

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