Surveyed Chinese Oncologists Use Branded Targeted Therapies Off Label for Late-Stage Gastric Cancer, According to a New Report from Decision Resources
BURLINGTON, Mass.--(BUSINESS WIRE)-- Decision Resources, one of the world’s leading research and advisory firms for pharmaceutical and healthcare issues, finds that China’s gastric cancer drug market will grow from $250 million in 2010 to $469 million in 2015. According to the Emerging Markets report, Gastric Cancer in China, market growth will be driven by expansion of the diagnosed and drug treated population, greater access to chemotherapy agents used to treat gastric cancer, increased use of targeted therapies and improved patient spending power. The incidence of gastric cancer in China is one of the highest worldwide, surpassed only by Japan and Korea; gastric cancer incident cases will increase 1.6 percent annually in China between 2010 and 2015.
Although not approved by the Chinese government for gastric cancer treatment, branded targeted therapies including Bristol-Myers Squibb/Eli Lilly/ImClone Systems/Merck KGaA’s Erbitux, Roche’s Herceptin and Novartis’s Gleevac are currently prescribed off label by Chinese oncologists for gastric cancer treatment. Some targeted therapies, including Herceptin and two emerging agents, GlaxoSmithKline’s lapatinib and Novartis’s everolimus, will be launched in China by the end of the study forecast period, further contributing to growth in this market.
“In China, fourteen percent of gastric cancer patients are HER2-positive, so with Herceptin’s likely approval in China for treating HER2-positive gastric cancer patients, uptake of this agent will increase,” said Decision Resources Analyst Jing Wu, M.S., M.B.A. “Approvals in major markets will affect uptake as well. For instance, the anticipated 2013 launch of Erbitux for gastric cancer in the United States and Europe will also have a positive impact on the uptake of Erbitux among Chinese patients who can afford the treatment.”
The new report features extensive primary research with Chinese oncologists as well as a market outlook by drug and class through 2015.
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Decision Resources is the first and only company to offer a syndicated report series for high-growth emerging markets with comprehensive disease-specific analysis. Each report assesses the commercial opportunity in the pharmaceutical market for a disease based on population demographics, economic development, disease epidemiology and changing physicians’ practices.
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INDUSTRY KEYWORDS: Health Biotechnology Oncology Pharmaceutical