Learn details of the Present Scenario and Growth Prospects 2017
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B-cell maturation antigen (BCMA), an important biomarker of the B-cells, has emerged as a promising therapeutic target for the treatment of multiple myeloma and other hematological malignancies. The antigen is universally expressed on the surface of multiple myeloma cells.
The research focus shifted towards BCMA targeted therapies in 2004, when the role of BCMA was first indicated in the progression of multiple myeloma. It is the second most common type (13%) of all hematological malignancies.
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Hence, there is an immediate need for effective therapies for proper medical care.
Currently, researchers are actively involved in developing three major types of immunotherapies (classified by product class) targeting BCMA; these are chimeric antigen receptor T-cells (CAR-T cells), bispecific antibodies and antibody drug conjugates (ADCs). Several biopharmaceutical companies have been active in this area since last few years while others have recently stepped in.
A number of strategic partnerships have also been inked between various stakeholders to advance R&D activities in this domain.
Results of preclinical and clinical studies have demonstrated the potential benefits of this class of therapies; the major highlight being their attractive safety profile. As more molecules undergo clinical validation and eventually get commercialized, we believe the overall interest will continue to rise.
In fact, our promising outlook is backed by a strong belief that this novel class of therapies is likely to cater to the current unmet need where the existing treatment modalities are not efficient. The upside could be higher; however, it depends on a favorable market environment, reimbursement practices and regulatory regimes.
The research report, titled Global BCMA Targeted Therapies Market, is an analytical study of the Global BCMA Targeted Therapies market, aided by an in-depth analysis of the performance of the market, both historically and in recent times using efficient analytical tools such as market feasibility and investment return to find out market attractiveness and to make future projections about this industry. The results that these analyses provide assist in determining a complete picture of how the market has developed so far.
It also presented the winning strategies of major market players and worthy plans that can be implemented for business expansion during the forecast period.
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