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Oncology Leads Pharmaceutical Drug Development, reports Kalorama Information

Oncology has emerged as the third largest segment in drug treatment, largely due to the growth of adjunctive therapies and high-cost of effective biotherapy. Sales have increased from $30 billion in 2005 to $65 billion forecasted for 2010.

PRLog - Sep. 23, 2010 - NEW YORK -- According to Kalorama Information’s World Pharmaceutical and Biopharmaceutical Market, 2010-2015 (Pipeline Analysis of the Top 50 Companies), oncology leads treatments under development.  There are an estimated 550 projects in development from the top 50 companies which have the potential to add a value of more than $78 billion in additional revenues to the current pharmaceutical market by 2015.  

Drugs in the oncology segment are expected to make a significant impact to current markets, increasing competition and providing advanced alternatives to current therapies.  Cancer drugs in development could possibly make up nearly 33% of the potential value.

This is followed by development projects in the areas of cardiovascular and blood; neurotherapeutics; respiratory and inflammation; infectious diseases; gastrointestinal drugs; and other drugs—areas such as diabetes; sexual dysfunction; dermatology not otherwise included in other segments; fertility drugs; hormones; osteoporosis treatments; renal disease; ocular treatments not otherwise included in other segments and other specialty segments.  World Pharmaceutical and Biopharmaceutical Market, 2010-2015 (Pipeline Analysis of the Top 50 Companies) can be obtained at http://www.kaloramainformation.com/Biopharmaceutical-Pipe....

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About Kalorama Information
Kalorama Information (www.kaloramainformation.com) supplies the latest in independent market research in the life sciences, as well as a full range of custom research services. We routinely assist the media with healthcare topics. Follow us on Twitter: www.twitter.com/KaloramaInfo.

Please direct all media inquiries to:
Andrea Hiller
Marketing Manager
(212) 807-2673

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Source:Kalorama Information
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Location:New York City - New York - United States
Industry:Medical, Health, Biotech
Tags:Health, Medical, Healthcare, antibodies, therapies, drugs, medication, oncology, pharmaceutical, biopharmaceutical
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