Global Cemiplimab rwlc Market Top Leading Players with Strategies and Forecast 2028
According to the data published by the Skin Cancer Foundation in 2019, is the most common form of skin cancer which is 5 times more prevalent than melanoma in the US. As per the same source, 1.8 million cases are diagnosed annually and 40000 cases are progressed to the advanced stage when cancer spreads and becomes difficult to treat. Moreover, the skin cancer foundation in coordination with Regeneron and Sanofi conducted a survey in 2019, which revealed 3 in 4 Americans (74.0%) are unaware of CSCC and 3.0% of Americans identified CSCC as a common type of cancer. Thus, the rise in the prevalence of CSCC across the globe is anticipated to drive the cemiplimab rwlc market global.
Looking towards the demand for cemiplimab rwlcs key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in February 2021, Sanofi had received the USFDA approval for PD-1 inhibitor Libtayo (cemiplimab rwlc) as immunotherapy indicated for patients with advanced basal cell carcinoma(BCC) previously treated with hedgehog pathway inhibitor (HHI), and accelerated approval was granted for patients with metastatic BCC. Further, in November 2021, Verrica Pharmaceuticals Inc. has announced the USFDA acceptance for the company's Investigational New Drug Application (IND) for LTX-315, used for the treatment of basal cell carcinoma. Moreover, the company is anticipated to initiate its phase-2 trials in the first quarter of 2022.
In June 2020, Merck &Co. had received USFDA approval for Pembrolizumab for the treatment of patients with recurrent or metastatic CSCC that is not curable by surgery or radiation therapy. Thus, such product launches and approvals are anticipated to drive the growth of the global cemiplimab rwlc market.
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The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Rest of the World
Competitive Landscape- Merck & Co., Novartis International AG, and Sanofi SA among others.
A full report is available at: https://orionmarketreports.com/global-cemiplimab-rwlc-market/92677/
Global Cemiplimab rwlc Market Report by Segment
Metastatic Cutaneous Squamous Cell Carcinoma (CSCC)
Locally Advanced CSCC
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
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