Global Oncology Market Gains Ground, Driven by Innovative Cancer Treatment Therapies

Survival rates for several major cancers have steadily improved over the last couple of decades, according to the American Cancer Society (ACS). Still, an annual report estimates there will be nearly 1.7 million new cancer cases in 2017, and close to 700,000 deaths from the disease in the United States. While early detection and the reduction of certain risk factors play a role in increased survival rates, so does the application of innovative therapies. TapImmune, Inc. (NASDAQ: TPIV) (TPIV Profile), Pfizer Inc. (NYSE: PFE), Celgene Corporation (NASDAQ: CELG), Bristol-Myers Squibb Company (NYSE: BMY) and Clovis Oncology, Inc. (NASDAQ: CLVS) are among the many biopharma companies leading the pursuit of effective therapies with the potential to help increase cancer survival rates.

Emerging treatment options in the field of oncology include immunotherapy, pills for blood-based conditions such as multiple myeloma, and drugs for skin, lung and other cancers. As reported by QuintilesIMS (formerly IMS Health), more than 70 new cancer treatments were developed in the past five years, demonstrating the global need for…

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