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Antibody Drug Conjugates (ADCs) Market: In Depth Analysis on Market Growth & Key Recent Developments Regions
antibody drug conjugates
For oncology, only (Pfizer/Wyeth) have received market permission the developer and marketer of the first ADC for the treatment of patients with acute myelogenous leukemia (Gemtuzumab ozogamicin, trade name: Mylotarg). However, after a request from the U.S. Food and Drug Administration, it was re-introduced into the US market in 2017. The second and third marketed ADCs are Brentuximab vedotin (trade name: Adcetris, marketed by Seattle Genetics and Millennium/Takeda) and Trastuzumab emtansine (trade name: Kadcyla, marketed by Genentech and Roche).
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In this biopharmaceuticals industry, such drugs are recommending the potential for new therapeutic innovations after the recent approval of four ADCs (Adcetris, Kadcyla, Mylotarg and Besponsa) in the global market and existence of a strong pipeline of such drugs. After their approval of sales of Adcetris and Kadcyla has been the global antibody-drug conjugates industry has been emerging rapidly over the recent years and showing rapid growth for the future. Due to the targeting and improved technology, ADCs are gaining a lot of attention from both small and large pharmaceutical companies.
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Connecting drug compounds to a careful target selection, the controlling and measuring of ADC off-target toxicities, a better insight on ADCs mechanism of action, and also the selection of clinical settings such as patient recognition, the dosing regimen of the molecules that are going to bring the highest clinical benefit. The major drivers for the global antibody-drug conjugates market include increasing incidences of cancer types, efforts regarding patent protection, advances in drug linking technologies, and increasing demand to the antibody drug conjugates.
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The global antibody-drug conjugates market consists of four regions, namely, America, Europe, Asia Pacific, and the Middle East and Africa. The contribution of nanotechnology for developing antibody-drug conjugates (ADC), advancement in manufacturing processes and the Americas are dominating the global ADCs market owing to the technological innovation. The European ADCs market stood as the second largest market. The Asia Pacific is known to be the emerging market in the global ADC market.
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