Arab & Middle East News
(ARABNEWSWIRE.COM, November 05, 2018 ) Antibody Drug Conjugates Market – Seattle Genetics and Takeda recent developments.
Seattle Genetics is Biotechnology Company involved in developing and commercializing innovative, empowered monoclonal antibody based therapies for the treatment of cancer. Seattle Genetics has entered into new antibody drug with collaboration with BAYER; it is committed to translate the science of cancer into effective therapies. The company has announced that it achieved milestone as Genentech advances two antibody drug conjugates into Phase II development. New clinical trial results suggest that they will move imminently in a form of T-cell lymphoma. Takeda had acquired shire and began taking the specialty Pharma under its swing. It touts growth from its own new drugs. Shire’s plasma fractionation plant to make rare disease drugs and it got FDA approval.
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Market Data Forecast published a report named Middle-East and Africa Antibody Drug Conjugates Market. It is valued at USD 0.74 Billion in 2018, and it expected to reach USD 1.86 Billion by 2023 with a CAGR of 20.28%
Report is segmented by Pipeline Analysis (Phase, Mode of Action [IgG1 Antibodies, HER2 Antibodies], Technology [Seattle Genetics, Immunogen, and Immunomedics], and Linker), End-user (Research Institutes, Hospitals, Clinics and Others) and By Region. HER2 is the most common therapy for breast cancer therapy, Seattle genetics is the fastest growing technology, and Hospitals are the highest contributors of this market as it is well being treated in hospitals.
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Market has been geographically segmented into Middle East and Africa. The market is growing slowly because of many problems the region faces, in terms of battles and also, the unstable economy. However, countries like the USA, China and UK are investing in the region and this increased financial revenue will aid the healthcare sectors in this region.
Other market players in the market are Genentech, F. Hoffmann-La Roche, Bayer Healthcare, Agensys, Inc., Immunogen, Novartis, Oxford Biotherapeutics, and Synthon Biopharmaceuticals.
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The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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