The dynamics of the monoclonal antibody (MAb) market have changed significantly over the past two decades since the launch of US drug major Johnson & Johnson's Orthoclone OKT3 (muromomab-CD3). Far removed from these shaky beginnings, MAbs currently generate global revenues of around $20.0 billion and represent the fastest-growing segment within the pharmaceutical industry, expected to achieve a compound annual growth rate of 14% between 2006-2012, easily outstripping the growth rate of 0.6% which is expected for the more traditional, small-molecules market.
Moreover, with key individual MAb product franchises forecast to record peak sales growth through horizontal indication broadening and the launch of new products in the next few years, this rapid expansion is expected to continue, according to independent market analyst Datamonitor.
MAb market evolution - from mouse to human
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze