Industry Background:
Bispecific Antibodies combine two or more antigen-recognizing elements into a single construct, able to bind to two or more targets. This accounts for the fact that more than one pathway is often at the root of the disease. Bispecific antibodies are capable of binding into two or more targets at a time. Moreover, these antibodies might channel two targets together and are able to present high probabilities of gaining therapeutic effects.This growth is primarily driven by Increasing Applications of Bispecific Antibodies for Cancer Systems.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies in Study | Ablynx (Belgium), Adimab (United States), Affimed Therapeutics (Germany), Amgen (United States), AstraZeneca (MedImmune) (United States), Chugai Pharmaceutical (Japan), Eli Lilly (United States), EMD Serono (United States), Neovii Biotech (Germany), NovImmune SA (Switzerland), Roche (Switzerland) and Sanofi (France) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Rising Acceptance of Clinicians and Patients Due To Their Targeted Effect. Major Players, such as Ablynx (Belgium), Adimab (United States), Affimed Therapeutics (Germany), Amgen (United States), AstraZeneca (MedImmune) (United States), Chugai Pharmaceutical (Japan), Eli Lilly (United States), EMD Serono (United States), Neovii Biotech (Germany), NovImmune SA (Switzerland), Roche (Switzerland) and Sanofi (France) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In January 2021, Loxo Oncology, Eli Lilly, and Merus NV, a clinical-stage oncology company announced a collaboration to discover Novel T-Cell Re-Directing Bispecific Antibodies. Collaboration with Loxo Oncology and Eli Lilly will open exciting possibilities for Merus' Biclonics platform. However, Merus is also looking to work together with Loxo Oncology in order to develop a next-generation of medicine that is used to treat cancer.
In July 2021, Amgen announced the acquisition of Teneobio to develop a new class of biologics called Human Heavy-Chain Antibodies. The acquisition of Teneobio includes a portfolio of early-stage oncology assets including a Phase 1 bispecific antibody for patients With advanced prostate cancer. The acquisition will strengthen Amgen's ability in the development of innovative medicines to treat patients with serious illnesses and bring best-in-class products to the market.
Market Drivers
- Increasing Applications of Bispecific Antibodies for Cancer Systems
Market Trend
- Rising Acceptance of Clinicians and Patients Due To Their Targeted Effect
Restraints
- Complex Purification Process
- Technical Complexity Associated With the Treatment Procedure of Bispecific Antibodies
Opportunities
Increasing Number of Big and Small Pharmaceutical Companies
Challenges
Monetary Restrictions for Manufacturers As Well As the Consumers and High Cost related to Bispecific Antibodies
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Bispecific Antibody Study Sheds Light on
The Bispecific Antibody Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Bispecific Antibody industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Bispecific Antibody industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.