The breast cancer therapeutics market in the eight major markets – The
US, The UK, France, Germany, Spain, Italy, Japan and Canada – was worth $9.2
billion in 2013, and is expected to grow at a Compound Annual Growth Rate
(CAGR) of 5.1% to $13.1 billion by 2020. The US had the largest market in 2013,
valued at $5.5 billion, equivalent to a global share of 59%, followed by Japan
with $871.5m or 9.4% and Italy with $668.5m or 7.2%. Canada had the lowest
market share and value of the leading eight at 2.9% and $268.4m, but is
expected to witness rapid growth over the forecast period with a CAGR of 6.7%.
This will only be surpassed by Japan, which is expected to witness growth at a
CAGR of 6.9%. The use of targeted therapies is expected to increase in the
eight major markets, aided by the entry of a biosimilar of trastuzumab. Drugs
in late stages of clinical trials such as palbociclib and neratinib from
Pfizer, and afatinib from Boehringer Ingelheim, are expected to contribute
towards the breast cancer market growth. The market is also expected to grow
due to the increased uptake of Afinitor (everolimus), a novel targeted therapy
from Novartis, despite the high cost of therapy. It will also be driven by
Human Epidermal growth factor Receptor (HER)-2-targeting agents, antibody drug
conjugate Kadcyla (ado-trastuzumab emtansine) and Eisai's Halaven (eribulin
mesylate), a novel chemotherapeutic agent. The total value of the breast cancer
market will increase slightly over the forecast period due to the increased
uptake of branded drugs. This increase will occur despite the launch of
trastuzumab biosimilars, which are likely to actively compete with branded
Herceptin in the breast cancer therapeutics market. Market growth will be the
result of the launch of a number of premium-priced agents, plus a gradual
increase in the use of targeted therapies and a rise in the incidence
population in the eight major markets.
The breast cancer pipeline is highly robust with potential drug
candidates across various phases of clinical development. With over 600 active
pipeline molecules, the majority of the investigational drug candidates are
being evaluated for the treatment of breast cancer in advanced stages, either
as first-line or second-line therapies. The current investigational pipeline
candidates include the new combination therapies, targeted therapies and
promising immunotherapies, as well as chemotherapy drug candidates. In addition
to these active progressing pipeline molecules, the pipeline also includes 390
molecules that are either inactive or discontinued.
As displayed in the following figure, from a total of 612 active
progressing pipeline molecules, 259 (42%) are in thepreclinical stage of
development, 100 (16%) are in Phase I, 130 (21%) are in Phase II and 52 (8%)
are in Phase III. A substantial number of active drug candidates are also in
the discovery stage. As shown in panel B, most of the pipeline drugs are novel,
and a few are either generic or products that have already been marketed for
other indications.
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