Prostate cancer drug market will more than double to $9.1 billion in 2021
The prostate cancer drug market will more than double, increasing from $4.1 billion in 2011 to $9.1 billion in 2021 in the USA, France, Germany, Italy, Spain, the UK and Japan, says health care advisory group Decision Resources.
Factors that will drive near-term market growth include the market expansion of Johnson & Johnson/Janssen Biotech/Janssen-Cilag’s Zytiga (abiraterone) and the uptake of Medivation/Astellas Pharma’s premium-priced agent, Xtandi (enzalutamide).
The Pharmacor Prostate Cancer advisory service finds that, following its US and European launch in 2011, Zytiga has quickly become the treatment of choice for docetaxel (Sanofi’s Taxotere, generics)-pretreated metastatic castrate-resistant prostate cancer (mCRPC). By 2015, less than two years after its launch, Zytiga is expected to garner major-market peak-year sales of $1.8 billion.
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