BURLINGTON, Mass., Oct. 27, 2015 /PRNewswire/ -- Decision Resources Group finds that the entry of eleven novel therapies into the non-small-cell lung cancer (NSCLC) market will drive the market's growth from $5.4 billion in 2014 to $12.7 billion in 2024. In addition to the recently approved programmed death-1 inhibitors Opdivo (Bristol-Myers Squibb) and Keytruda (Merck & Co.), three more immune checkpoint inhibitors are slated to enter the NSCLC market: atezolizumab (Roche/Genentech), durvalumab (AstraZeneca/MedImmune) and avelumab (Merck KGaA/Pfizer). Robust uptake of these agents across treatment settings, as well as their premium pricing, will be the main drivers of growth. Prescribing of seven novel therapies will be biomarker driven, in line with physician and payer desire for increased personalized drug use in NSCLC. Decision Resources Group also finds that availability of a validated biomarker of response to therapy will have a positive impact on pharmacoeconomic and HTA evaluations across the five major pharmaceutical European markets. Payers note that manufacturer-funded testing, and testing costs included in the total drug cost is an additional advantage.
Other key findings from the Pharmacor report entitled "Non-Small-Cell Lung Cancer":
Other key findings from the European Physician and Payer Forum report entitled "The dynamic NSCLC market: How will European payer and physician attitudes shape this highly lucrative market?":
Comments from Decision Resources Group Analyst Orestis Mavroudis-Chocholis Ph.D.:
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About Decision Resources Group
Decision Resources Group offers best-in-class, high-value data, analytics and insights products and services to the healthcare industry, delivered by more than 900 employees across 14 global locations. DRG provides the pharmaceutical, biotech, medical device, financial services and payer industries with the tools, insights and advice they need to compete and thrive in an increasingly complex and value-based marketplace. DecisionResourcesGroup.com.
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SOURCE Decision Resources Group
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