Robust Annual Growth in the Renal Cell Carcinoma Drug Market Will be Driven by the Uptake of GlaxoSmithKline’s Votrient/Patorma and the Launches of Premium-Priced Emerging Therapies
WALTHAM, Mass., June 29 /PRNewswire/ — Decision Resources, one of the world’s leading research and advisory firms for pharmaceutical and healthcare issues, finds that, through 2019, robust 4.1 percent annual growth in the renal cell carcinoma drug market will be driven primarily by the uptake of GlaxoSmithKline’s Votrient/Patorma, the launches of premium-priced emerging therapies and an increase in diagnosed incidence and treatment rates.
The Pharmacor 2010 findings from the topic entitled Renal Cell Carcinoma reveal that significant uptake of the angiogenesis inhibitor Votrient/Patorma will be driven by its use in treating advanced renal cell carcinoma, particularly in the first-line setting. As a result, Votrient/Patorma will become the market leader and will garner sales of nearly $630 million in 2019 in the United States, France, Germany, Italy, Spain, the United Kingdom and Japan.
“In 2009, angiogenesis inhibitors captured more than three-quarters of the renal cell carcinoma drug market, with Pfizer’s Sutent accounting for 61 percent of sales in this class,” said Decision Resources Analyst Karen Pomeranz, Ph.D. “Angiogenesis inhibitors will continue to dominate this space during our forecast period, capturing nearly 90 percent of the market in 2019. However, in 2019, sales of Sutent will be significantly reduced, owing mainly to the robust uptake of Votrient/Patorma.”
The Pharmacor 2010 findings also reveal that the emergence of two targeted agents — Pfizer’s axitinib and Aveo Pharmaceuticals’ tivozanib — will also penetrate this increasingly crowded market. Combined, these two agents will garner nearly one-third of sales in the renal cell carcinoma drug market in 2019.
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