India Immuno-Oncology Drugs Market: Restraint
High cost of immuno-oncology therapies makes it unaffordable for population in the low- and middle-income class to opt for these therapies, which is expected to restrain growth of the market. For instance, Keytruda (Pembrolizumab), a monoclonal antibody used for the treatment of various types of cancer costs around US$ 2,250 for a vial of 50 mg.
Moreover, according to the World Health Organization (WHO), in February 2018, around 70% of deaths from cancer occur in low and middle-income countries. This can be attributed to high prices of oncology therapies, which cannot be afforded by patients with low income.
India Immuno-Oncology Drugs Market Report Snapshots
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