GASTRIC CANCER THERAPEUTICS MARKET ANALYSIS
Key Developments
Key players in the market are focused on launching new products to expand their product portfolio. For instance, in April 2019, F. Hoffmann-La Roche AG launched VENTANA HER2 Dual ISH DNA Probe Cocktail assay for the detection of the HER2 biomarker in breast and gastric cancer.
Major market players are focused on adopting collaboration strategies to develop novel therapies for gastric cancer. For instance, in February 2019, GlaxoSmithKline plc. and Merck KGaA entered into a global strategic alliance to jointly develop and commercialize M7824, an investigational bifunctional fusion protein immunotherapy under clinical development stage, for the treatment of human papillomavirus-associated cancers, biliary tract cancer (BTC), and gastric cancer.
Key market players are also focused on gaining regulatory approvals to expand their product portfolio. Fro instance, in August 2019, Taiho Pharmaceutical Co., Ltd. obtained additional indication of unresectable advanced or recurrent gastric cancer that has progressed after chemotherapy for its anticancer agent LONSURF, an oral anticancer drug that uses the combination of trifluridine (antineoplastic nucleoside analogue) and tipiracil (a thymidine phosphorylase inhibitor), from the Japanese Ministry of Health, Labor and Welfare.
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