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Paclitaxel Injection Market to Remain Lucrative During 2013 - 2019

12-21-2017 01:51 PM CET | Health & Medicine

Press release from: Transparency Market Research

Paclitaxel Injection Market to Remain Lucrative During 2013 -

Paclitaxel injection is a viscous anticancer drug, derived from the bark of the Pacific yew tree. Paclitaxel belongs to the group of drugs called antineoplastic. Paclitaxel injection is primarily used to treat various advanced stage cancer of the breast,ovaries, Kaposi sarcoma and non-small cell lung cancer. It is type of cytoskeletal medication that targets tubulin, which are a type of globular proteins. The body cells that have defects in chromosome segregation, mitotic spindle assembly and cell division are treated Paclitaxel. Paclitaxel works by inhibiting the growth of cancer cells and by stabilizing the microtubule polymer. Paclitaxel injection should be administered under the supervision of an oncologists with experience in chemotherapy.

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Advantages of Paclitaxel injection such as immediate results, easy availability and better efficacy are some of the factors that are expected to drive the global Paclitaxel injection market. However, adverse effects such as allergy, leucopenia, blood clots, fever, diarrhea and weight loss are few drawbacksthat could hinder the growth of global Paclitaxel injection market. Moreover, stringent regulatory procedure could also act as the hindrance for the global market.

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In the geographical perspective, North America is the largest market for Paclitaxel injection owing to the high incidence and prevalence rate of various cancers. The Asian-Pacific and European region arealso expected to be a potential markets for Paclitaxel injection owing to the increased number of cases of advanced stage cancer patients.

The companies involved in development and manufacturing of Paclitaxel injection are AbraxisBioScience Inc., Abbott Laboratories, Bristol-Myers Squibb, Fresenius Kabi Oncology Ltd., Onco Therapies Ltd., Strides Arcolab Ltd., Sagent Pharmaceuticals Inc. and Novasep, amongst others.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. 

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