Immunotherapy Drugs Market Trends, Business Overview, Industry Growth and Forecast to 2031
The global immunotherapy drugs market is anticipated to grow at a CAGR of 9.0% during the forecast period. The increasing clinical trials to develop more immunotherapy drugs is a key factor driving the growth of the market. For instance, in July 2022, Sosei Group Corp., an international biopharmaceutical company and Cancer Research UK, the world’s largest private funder of cancer research signed an agreement to bring Sosei Heptares’ cancer immunotherapy drug candidate into a first-in-human trial. Under the Clinical Trial and Licence Agreement (CTLA), Cancer Research UK’s Centre for Drug Development will sponsor, design and execute a Phase I/IIa clinical trial of HTL00397322, a novel selective EP4 antagonist.
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Sosei Heptares will be responsible for CTA enabling activities, including GLP toxicology, IMP manufacture1 and other necessary pre-clinical studies in preparation for the opening of the clinical trial. Sosei Heptares holds a license to the results generated under the trial to continue the clinical development and commercialization of HTL0039732. HTL0039732 has been proposed for a range of cancers including microsatellite stable3 colorectal, gastroesophageal, head and neck and castration- resistant prostate cancer.
In July 2022, Immunocare Holdings plc, a UK-based, commercial-stage biotechnology company pioneering the development of a novel class of T cell receptor (TCR) bispecific immunotherapies designed to treat a broad range of diseases including cancer, autoimmune and infectious diseases, announced that its first patient has received new immunotherapy drug for HIV in the clinical trial. These clinical trials are offering an opportunity for the growth of the global immunotherapy drugs market.
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Market Coverage
o By Type
o By Therapeutic Application
o By End-User
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global Immunotherapy Drugs Market Report by Segment
By Type
By Therapeutic Application
By End-User
Global Immunotherapy Drugs Market Report by Region
North America
Europe
Asia-Pacific
Rest of the World
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