Patients Demand Personalized Treatments for Cancer as Death Rates Soar
AbbVie Inc. (ABBV)
Last abbvie inc. earnings: 5/1 07:43 am
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Source: PR Newswire
NEW YORK, Oct. 3, 2019 /PRNewswire/ -- Cancer is ranked among the top causes of death globally, and recent data indicates that the number of cancer related cases is only expected to rise. As a result, the global cancer therapeutics market is projected to grow. According to a research by Allied Market Research, the global cancer therapeutics market size was valued at USD 98,900 Million in 2018 and is expected to reach USD 180,193 Million by 2026 while registering a CAGR of 7.7% from 2019 to 2026. Among the many factors influencing the cancer therapeutics segment is the increase in cancer prevalence, growth of the geriatric population, surge in collaboration between pharmaceutical companies and the rise in cancer research. However, the high cost linked with oncology drug development and with adverse effects associated with cancer therapeutics are restraining the market growth. Yet, it is the upsurge in demand for personalized medicine and the potential of developing nations that is expe
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ABBV
Earnings
- 2/2/24 - Beat
ABBV
Sec Filings
- 4/3/24 - Form 8-K
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- 4/2/24 - Form 4
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