RE: preCISION pro-chemotherapies to take back market share from immunotherapies?28 Oct 2021 00:57
Restating my previous point. Looking at the figures, therapeutic sales in oncology are likely to be around $250B by 2024, (12% CAGR). With an expansion to the market due to "longer treatment cycles and wider patient eligibility", I would certainly agree to the market being closer to the $300B+ mark. Also interesting are the recent oncology acquisitions are in the billions; Array BioPharma ($11B), Five Prime ($1.9B), Grail ($8B), NBE (1.4B) and Immunomedics($21). Partnerships are also rife with Daiichi Sankyo and IDEAYA as good examples with a $3B collaboration for Genmab.
Positive pK data and this could be huge. My view would be £25 per share from here. With the AVA6000 trial going well, the HUA already applied for and APAC ready to go soon, we will certainly have a positive future ahead.