Thymus Cancer Market | Major key Players- Amgen Inc, Astellas Pharma Inc, Astrazeneca, Bristol-Myers Squibb, Celgene Corporation, Cellceutix Corporation, Eli Lilly and company, Johnson & Johnson services Inc, Merck & Co. Inc., Novartis AG

The market for thymus cancer market exhibits the moderate growth which is attributed to an increase in patient population diagnosed with thymus cancer. As per the data from the American Cancer Society, in 2014, roughly 4 out of 10 people did not found any symptoms when they were diagnosed with thymus cancer. Many times, cancer is diagnosed during other medical tests or exams. Cancer.Net Editorial Board, reported that in 2016, the occurrence of thymus cancer are rare, Less than one person per 1.5 million people develop this type of cancer. It also stated that type of cancer usually occurs in people between the ages of 40 and 60, but can occur at almost any age. Additionally, key players are engaged in discovering new treatment options through research and development activities thereby capturing the global market. For example, AstraZeneca and Amgen come together to meet the goal of breakthrough science into innovative thymus cancer treatment to help people with cancer worldwide. The market is also driven by various other factors elevating the risk of thymus cancer such as increasing in the consumption of smoking.

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Amgen Inc, Astellas Pharma Inc, Astrazeneca, Bristol-Myers Squibb, Celgene Corporation, Cellceutix Corporation, Eli Lilly and company, Johnson & Johnson services Inc, Merck & Co. Inc., Novartis AG, Onxeo SA, Pfizer Inc., Sumitomo Dainippon Pharma Co. Ltd., Taiwan Liposome Company Ltd., Takeda pharmaceutical company and Tiziana Life Sciences Plc. are some of the leading players at the cutting edge of the competition in the market of thymus cancer across the globe.

Key developments

In thymus cancer market, key players in the market are engaged in the development of new products to capture the market globally. These market players are investing more in research and development activity, in order to lead the global market. In this regards, market players undertake various strategic approaches.

Pfizer Inc.

Headquartered in the U.S., Pfizer Inc. is a major research based bio pharmaceutical organization. The company is engaged manufactures medicines and vaccines that help individuals in their disease condition and keep them from becoming sick in any case.

In August, 2016, Pfizer Inc. announced the approval of FDA approval TROXYCA ER extended-release capsules CII for pain management. The drug is used for abuse-deterrent properties for the management of pain and will help Pfizer to improve their goodwill and sales with this new product

In July 2016, Bind Therapeutics, a biotechnology company entered in an asset purchase agreement with Pfizer Inc. and in July 26, 2016, company amended the stalking horse agreement. The acquisition is expected to close on or about August 1, 2016.

In July 2016, announcement of immuno-oncology research collaboration between Pfizer and Western Oncolytics. The collaboration aimed to investigate novel oncolytic virus technology. Both, Pfizer and Western Oncolytics are expected to collaborate on preclinical, clinical development of WO-12 through Phase I trials.

In June 2016, Pfizer announced the completion of acquisition of Anacor Pharmaceuticals. The acquisition will prove to accelerate their shared commitment to help patients with inflammatory disease, an area of high unmet medical need.

Merck:

In January, 2017, Merck, with the aim of strengthening its position in food safety testing acquired BioControl Systems Inc.

August, 2012: Biochrom AG, manufacturing liquid cell culture media and buffers was acquired by Merck.

Novartis

In March 2016, Novartis announced that the received FDA's principal 'biosimilar' affirmation for its cancer drug. The regulatory authority had allowed the first “biosimilar” drug to be sold in the United States, under a program intended to branch a new market of lower-cost substitutes to some of the most expensive treatments in healthcare. This FDA approval of biosimilars will help many patients who are in need of these treatments. 

In May 2016, the company studied new sales model for tentative cancer therapy. If the new cancer treatment receives FDA approval, the company plans to use a medical device-like sales model to market its CAR T-cell technology. This strategy will help stem concern about the therapy's complex distribution process as well as the expected high prices for treatment.

Johnson & Johnson Consumer Inc.

In September, 2016, Acclarent Inc., received FDA approval for ACCLARENT AERA Eustachian Tube Balloon Dilation System to treat Eustachian Tube Dysfunction effectively.

In March, 2016, minimally invasive soft tissue microwave ablation systems manufacturer, “NeuWave Medical, Inc.” was acquired by Ethicon, a medical device company of the Johnson & Johnson.

In June, 2015, Ethicon and Verily came together through collaboration forming Verb Surgical Company.

In March, 2015, Google, Inc. and Ethicon, a healthcare device company of the Johnson & Johnson entered into a collaboration to work on advancing surgical robotics to benefit surgeons, patients and health care systems.

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