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Molecular Glue Degrader Market Expectations and Growth Trends Highlighted Until 2032 | Emergen Research

05-03-2023 04:25 PM CET | Health & Medicine

Press release from: Emergen research

Molecular Glue Degrader Market | Emergen Research

Molecular Glue Degrader Market | Emergen Research

The global molecular glue degrader market growth is expected to register a revenue CAGR of 9.2% during the forecast period. Rising usage of molecular glue degrader for development of Proton-Pump Inhibitor (PPI) drugs is driving revenue growth of the market.The molecular glue degrader market is a rapidly growing industry that is expected to experience significant growth in the coming years. This market is driven by several key factors, including the increasing prevalence of cancer and other diseases, the need for more effective treatments, and the emergence of innovative new technologies.

Molecular glue degraders are a type of drug that works by binding to a specific protein and promoting its degradation by the body's natural cellular processes. This approach has shown promise in the treatment of a wide range of diseases, including cancer, and has the potential to revolutionize the field of medicine.

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One of the key drivers of the molecular glue degrader market is the increasing prevalence of cancer and other diseases. According to the World Health Organization, cancer is one of the leading causes of death worldwide, accounting for an estimated 9.6 million deaths in 2018. This has led to a growing demand for more effective treatments, including molecular glue degraders, which have shown promise in the treatment of various types of cancer.

Another key driver of the market is the emergence of innovative new technologies that are enabling the development of more effective and targeted treatments. For example, advances in genomics and proteomics are providing researchers with new insights into the underlying causes of diseases and identifying potential targets for drug development. This has led to the development of a wide range of new therapies, including molecular glue degraders.

However, there are also several challenges and barriers to growth in the molecular glue degrader market. One of the main challenges is the complexity of the drug development process, which can be time-consuming and expensive. In addition, there is a lack of understanding of the underlying biology of many diseases, which can make it difficult to identify potential targets for drug development.

Major Companies and Competitive Landscape:

Proxygen GmbH, Tocris Bioscience, LifeSensors Inc., Evotec SE, Eli Lilly and Company , Bristol-Myers Squibb Company, C4 Therapeutics, Inc., Seed Therapeutics, Inc., Ranok Therapeutics Co. Ltd., Venquis Therapeutics

The molecular glue degrader market is highly competitive and fragmented, with a large number of players operating in the market. These companies are actively involved in various strategies such as partnerships, collaborations, mergers and acquisitions, and new product launches to gain a competitive edge and strengthen their market position.

Some of the key players operating in the molecular glue degrader market include Arvinas, Inc., Nurix Therapeutics, Inc., Kymera Therapeutics, Inc., C4 Therapeutics, Inc., Zenith Epigenetics Ltd., Vernalis plc, F. Hoffmann-La Roche Ltd., Takeda Pharmaceutical Company Limited, Sanofi S.A., and others.

In recent years, several partnerships and collaborations have been observed in the market. For instance, in January 2021, Arvinas, Inc. entered into a research collaboration agreement with Pfizer Inc. to develop and commercialize novel protein degrader therapies.

Additionally, companies are also investing heavily in R&D activities to develop innovative and effective molecular glue degraders. For instance, in September 2020, Nurix Therapeutics, Inc. announced the expansion of its drug discovery collaboration with Gilead Sciences, Inc. to develop targeted protein degradation drugs for the treatment of cancer and other diseases.

Moreover, several mergers and acquisitions have been observed in the market, which is expected to further boost the growth of the molecular glue degrader market. For instance, in January 2021, C4 Therapeutics, Inc. announced its merger with special purpose acquisition company (SPAC) Achilles Therapeutics to become a publicly traded company

Want to learn more about the global Molecular Glue Degrader Market ? Access the full report with just one click! https://www.emergenresearch.com/industry-report/molecular-glue-degrader-market

Molecular Glue Degrader Market Segmentation :

Emergen Research has conducted a segmentation analysis of the global molecular glue degrader market, categorizing it into different segments based on type, application, end-use, and region.

The market has been segmented based on type into PROteolysis TArgeting Chimeras (PROTACs), Specific and Non-genetic IAP-dependent Protein ERasers (SNIPERs), Target ORiented ProtEin Degrader Optimizer (TORPEDO), Lysosomal Targeting Chimeras (LYTACs), and Others. The PROTACs segment is anticipated to dominate the molecular glue degrader market due to its wide range of applications in cancer and other diseases.

The application segment of the molecular glue degrader market has been divided into cancer treatment, infectious diseases, genetic diseases, and others. The cancer treatment application segment is expected to hold the largest share of the market due to the increasing prevalence of cancer worldwide.

The end-use segment of the market has been classified into pharmaceutical and healthcare companies, Contract Research Organizations (CROs), and Contract Manufacturing Organizations (CMOs). The pharmaceutical and healthcare companies segment is projected to hold the largest share of the market due to the increasing demand for molecular glue degraders for drug development and discovery.

The report also provides a regional analysis of the market, with a focus on North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/1836

Eric Lee
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Emergen Research | Web: www.emergenresearch.com
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions.

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