Global Antibody Drug Conjugate Market (2015-2023) - Grow Pricing, Features, Reviews & Comparison of Alternatives.
Latest industry research report on Antibody drug conjugates Market. Antibody drug conjugates (ADCs), also known as anti-cancer drugs are promising and effective modalities for cancer therapies. The ADCs are prepared by combining two principles i.e. monoclonal antibody specificity and cell killing efficacy of HPAPI (highly potent active pharmaceutical ingredient).
This combinational approach specifically kills the cancer cells by a toxic payload through binding and internalizing ADC into the cancerous cells. Several years of extensive biological research and developments in the pharmaceutical sector have led to the development of the worlds first two ADCs namely Adcetris and Kadcyla for cancer therapy.
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The ADC market is yet dormant as only two drugs are approved and commercialized till date. Adcetris from Seattle Genetics received the FDA approval in 2011 for the treatment of systemic anaplastic large cell lymphoma and Hodgkins lymphoma. Kadcyla, a product from Genentech, used in the treatment of breast cancer received the FDA approval in 2013.
Furthermore, the antibody drug conjugates market is highly potential market with about 27 drugs that are currently under different phases of clinical trials in both solid tumors indications and hematological malignancies. Thus, ADCs hold great opportunities in the field of pharmaceuticals owing to their novel nature and profound therapy modality in comparison to conventional treatments.
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Extensive R&D and rising incidences of various cancers are the key factors that drive the growth of this market. However, the high cost associated with research activities, stringent regulatory requirements and several challenges associated with the manufacturing of these drugs are restricting the growth of the Antibody drug conjugates market.
The global antibody drug conjugate market is segmented into approved drugs, drugs in pipeline and geography.
Antibody Drug Conjugate Market By Drug Type
- Approved ADC Drugs
- Adcetris (brentuximab vedotin)
- Kadcyla (ado-trastuzumab emtanisine)
- Pipelined ADC Drugs
Antibody Drug Conjugate Market By Geography
- North America
- Europe
- Asia-Pacific
- LAMEA
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