Global CAR-T Cell Therapy Market Expected to Surge to USD 34.04 Billion by 2034 with a CAGR of 23.33% [Yahoo! Finance]
Eli Lilly and Company (LLY)
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Source: Yahoo! Finance
The global market for CAR-T cell therapy is experiencing rapid growth, driven by innovative treatments and increasing demand for advanced cancer therapies. Experts anticipate substantial growth in the CAR-T cell therapy sector, with forecasts suggesting a reach of USD 34.04 billion by 2034, starting from a valuation of USD 3.39 billion in 2023. Factors Contributing to Market Expansion The surge in the market size is attributed to a variety of factors, including the increasing prevalence of chronic diseases such as cancer and leukemia. There is a heightened focus on the development of cell therapies, rising research and development activities, and a significant influx of investment for the development of new CAR-T cell therapy innovations. Technological advancements have also played an integral role, alongside the growing number of drug product launches and rising regulatory approvals for novel treatments. Drug Type and Application Segmentation Growth Specific drug types, such
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LLY
Earnings
- 2/6/24 - Miss
LLY
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- LLY's page on the SEC website