Bavencio faces growing competition as market expands
The market for Bavencio (avelumab), the checkpoint inhibitor co-developed by Pfizer (NYSE: PFE) and Merck KGaA (MRK: DE), continues to grow as new indications drive demand.
However, research from industry analyst DelveInsight shows that increasing competition from leading immunotherapies, including Keytruda (pembrolizumab) and Tecentriq (atezolizumab), presents challenges for its long-term positioning.
Bavencio is approved in the USA for several cancer indications, including in bladder and kidney cancer. It also holds Accelerated Approval for metastatic Merkel cell carcinoma and is available in 50 countries for at least one of these indications.
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