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Follow on Google News | GBI's new Report - Biomarkers in Cancer Research on reports-research.comGBI Research, the leading business intelligence provider, has released its latest report, Biomarkers in Cancer Research - High Unmet Need in Cervical Cancer and Lung Cancer -
By: reports-research.com The report also provides a competitive landscape of the market that profiles the key market players along with their brief business description, pipeline, major products and major M&A and partnership deals. The report also provides detailed analysis of the major partnership deals that have taken place in the cancer biomarkers market since 2006 along with segmentation by number of deals per year, indication, deal type, geography and companies. In addition, the report also talks about the major M&A deals in the cancer biomarkers market since 2005 along with segmentation by value, geography and companies. Finally, the report highlights the major conclusions emanating from the report. This report is built using data and information sourced from proprietary databases, primary and secondary research and in house analysis by GBI Research’s team of industry experts. The Global Cancer Biomarkers Market will grow from $3.6 billion in 2007 to $6.3 billion in 2016. The global cancer biomarkers market for 2007 was estimated to be $3.6 billion and is expected to grow at a CAGR (Compounded Annual Growth Rate) of 6.3% to reach $6.3 billion by 2016. This growth is primarily attributed to the rise in the number of biomarker tests in the cancer types such as cervical cancer, NSCLC (non-small cell lung cancer), breast cancer, gastric cancer, head cancer, colon cancer and many others that will be launched in the next few years. These will contribute significantly to market revenues. In addition, the support from regulatory bodies such as the FDA (Food and Drug Administration) Growth of Personalized Medicine and Strong Regulatory Support Will Drive the Future Growth for Biomarkers in Cancer Research In the future, the growth of personalized medicines and the strong support from regulatory agencies such as the FDA will be the two major factors that will drive the demand for biomarkers, particularly in cancer research. Personalized medicines are gaining popularity due to their ability to provide customized treatment to patients based on their genetic as well as medical profile. Since biomarkers help in predicting patient response to a compound, personalized medicine are increasingly using biomarkers to identify the patient population set that is more likely to respond to a particular drug therapy. Personalized medicines are also increasingly being used in targeted cancer therapies. Thus, going forward, as personalized medicines gain more importance and popularity, the demand for biomarkers is also expected to increase. In addition, strong support from regulatory agencies such as the FDA is also expected to increase the demand for biomarkers. The FDA has been strong in advocating the use of biomarkers in drug discovery research. It has also formed associations that work towards the classification and discovery of exploratory biomarkers, for qualifying and validating them for use in the clinical process. Biomarkers have also found place in the list of critical path opportunities of FDA, a list released in 2006 enlisting the areas where maximum improvement was needed in terms of new products development. In addition, it is expected that the FDA will provide faster, flexible, simpler and more practical regulatory norms and validation procedures for biomarkers. Thus, the favorable regulatory environment for biomarkers is expected to increase the demand for biomarkers in the future. Breast Cancer, Prostate Cancer and Colorectal Cancer dominate the Strong Biomarkers Pipeline The cancer biomarkers pipeline is strong with a total of 274 tests under various stages of development in the numerous cancer areas, dominated largely by breast cancer, prostate cancer and colorectal cancer. These three cancers occupy almost 60% of the entire pipeline. The other two major cancer types in the biomarkers pipeline are ovarian cancer and lung cancer with shares of 14% each. Some of the leading breast cancer tests in the late stage pipeline include the GP88 Tissue Biopsy Test from A&G Pharmaceuticals and Mammostrat Basal and Mammostrat erbB2 Assay from Clarient, Inc. In respect of prostrate cancer, the leading biomarkers in the late stage research include p2PSA (prostate specific antigen) prostate test from Beckman Coulter, Inc. and NADiA® ProsVue™ from IRIS International Inc. Epigenomics AG’s DNA-methylation biomarker mSEPT9 and Signature Diagnostics AG’s blood based screening test Detector C are the two major biomarkers in the approval stage for colorectal cancer. The four other smaller cancer types (cervical, pancreatic, stomach and head & neck) account for the remaining 13% of the total pipeline. GBI: Biomarkers in Cancer Research - High Unmet Need in Cervical Cancer and Lung Cancer to Drive Growth: http://www.reports- GBI: More market data and market reports: http://www.reports- # # # markt-studie.de founded in 2002 has emerged as a leading online portal for market surveys and market research in German speaking areas. Four years later the English language portal reports-research.com was introduced due to the extraordinary success of the portal. Again one year later estudio-mercado.es - the Spanish spoken portal - was founded. The objective of the three portals is to competently and efficiently support consultants and decision makers in management, sales and marketing in the search for worldwide market research. Prospective buyers can look into more than 60,000 market surveys from more than 200 international publishers, current market data for more than 6,000 branches worldwide, 10,000 company profiles as well as a free-of-charge research and recommendation service for individual market research. End
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