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Pontine Glioma Drugs Market Research, Demand And Trend Analysis 2024-2033
Pontine Glioma Drugs Market Research
As per the report, the pontine glioma drugs market size has grown rapidly in recent years. It will grow from $0.88 billion in 2023 to $0.98 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The pontine glioma drugs market size is expected to see rapid growth in the next few years. It will grow to $1.50 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%.
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Role of Personalized Medicine in Driving Growth Of The Pontine Glioma Drugs Market
The rise in demand for personalized medicine is expected to propel the growth of the pontine glioma drugs market going forward. Personalized medicine is an innovative approach that uses information about an individual's genomic, environmental, and lifestyle factors to guide decisions related to their medical management. The growing demand for personalized medicine is driven by its potential to provide more effective treatments, advancements in genomics, increasing disease complexity, and regulatory support. Personalized medicine significantly treats pontine gliomas by tailoring therapies to the specific genetic characteristics of the tumor and the individual patient. For instance, in February 2024, according to the Personalized Medicine Coalition, a US-based non-profit organization, the Food and Drug Administration (FDA) approved 16 novel personalized therapies for patients with rare diseases in 2023, compared to six in 2022. Therefore, the rise in personalized medicine is driving the growth of the pontine glioma drugs market.
Innovative Small-Molecule Chemotherapeutics In The Pontine Glioma Drug Market
Major companies operating in the pontine glioma drugs market are focusing on developing innovative products, such as small-molecule chemotherapeutics, to maximize their revenues in the market. Small-molecule chemotherapeutics are drugs composed of relatively low molecular weight compounds that can effectively penetrate the blood-brain barrier to reach the site of the tumor in pontine glioma. For instance, in December 2022, Kintara Therapeutic, a US-based clinical-stage drug development company, received an orphan drug designation from the U.S. Food and Drug Administration (FDA) for a drug known as VAL-083. This drug is intended for the treatment of diffuse intrinsic pontine glioma (DIPG). VAL-083 is a first-in-class, small-molecule chemotherapeutic with a unique mechanism of action. It has shown clinical activity against various cancers, including the central nervous system, ovarian, and other solid tumors. This designation underscores the potential of VAL-083 as a treatment option for this challenging brain tumor, underscoring the commitment to addressing unmet medical needs in the treatment of DIPG.
The pontine glioma drugs market covered in this report is segmented -
1) By Type: Diffuse Brain Stem Glioma, Focal Brain Stem Glioma, Recurrent Brain Stem Glioma
2) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy
3) By Application: Cancer Research Institutes, Diagnostic Laboratories, Hospitals
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Major companies operating in the pontine glioma drugs market are Pfizer Inc., F. Hoffmann-La Roche AG, Merck & Co. Inc., AbbVie Inc., Sanofi S.A, Bristol-Myers Squibb Company, AstraZeneca, Novartis AG, GlaxoSmithKline PLC, Eli Lilly and Company, Teva Pharmaceutical Industries, Daiichi Sankyo Company Limited, The Menarini Group, Y-mAbs Therapeutics, Agios Pharmaceuticals, Kazia Therapeutic, DNAtrix Inc., Aminex Therapeutics Inc., Accendatech Co Ltd, Arog Pharmaceuticals, Kintara Therapeutics Inc., Medicenna Therapeutics, Alaunos Therapeutics, Biodexa Pharmaceuticals PLC
Contents of the report:
1. Executive Summary
2. Pontine Glioma Drugs Market Report Structure
3. Pontine Glioma Drugs Market Trends And Strategies
4. Pontine Glioma Drugs Market - Macro Economic Scenario
5. Pontine Glioma Drugs Market Size And Growth
…..
27. Pontine Glioma Drugs Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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