Biliary Tumor Market to Gain Traction in the Coming Years; Advancements in NuCana’s Breakthrough Pipeline Drug Will Boost the Market, says Fortune Business Insights

NuCana’s Biliary Tract Treatment Gets ‘Orphan Drug’ Designation; Method Expected to Emerge as a Game changer in Biliary Tumor Treatment


Pune, June 19, 2019 (GLOBE NEWSWIRE) -- The global Biliary Tumor Market is likely to derive growth from increasing usage approvals in the forthcoming years. According to an upcoming report by Fortune Business, titled “Biliary Tumor – Pipeline Review, 2019,” the market is likely to expand in the coming years due to the rising demand for novel drugs and therapies on account of the severity of biliary tumor, combined with a low survival rate. Furthermore, the global tumor market will witness growth opportunities due to the increasing investment in the research and development of newer drugs and treatment of biliary tumor. The report provides a detailed analysis of various factors that will have a positive impact on the biliary tumor pipeline.

Report Scope 

  • Thorough assessment of the pipeline products by areas such as development stage; route of administration; drug class; indication; sponsor; molecule type and drug target
  • Comprehensive profiles of the pipeline products with details such as company overview; product description; R&D status; development activities; mechanism of action; molecule type; development stage; indications; funding and route of administration
  • Overview of dormant and discontinued pipeline products
  • Key insights in relation to the epidemiology of conditions being treated by the pipeline products and overview of the addressable or current market for the pipeline products
  • Overview of the latest developments; news articles, press releases and relevant conferences

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Biliary tumor is a type of disorder that affects integral organs such as the small intestine and liver. There has been a growing emphasis on early detection and prevention of biliary tumor, mainly resulting from the high fatality rate for the disease. Improper management of biliary tumor may result in several adverse effects on the human body such as weight loss, itchy skin, frequent fatigue, and abdominal pain. The aforementioned factors will contribute to the growth of the global Biliary Tumor Market in the forthcoming years.

NuCana’s Biliary Tract Treatment Gets ‘Orphan Drug’ Designation; Method Expected to Emerge as a Game changer in Biliary Tumor Treatment

In June 2019, NuCana received orphan drug tag for its biliary tract cancer treatment from the Food and Drug Administration (FDA). The company announced that following this acknowledgement, it can make proceedings in the development of its investigational drug, aimed at treatment of biliary tract cancer. Biliary tract cancer has a very low survival rate and although the treatment options are limited, ongoing researches have shown promises. NuCana’s latest drug advancement will bode well for the future of biliary tumor treatment. The report provides a thorough assessment of several pipeline products and stresses on various drugs and therapies that are in the developing stage. The report further signifies the impact of such pipeline drugs on the global market.

Report Description & Table of Content:

Rising Incidence of Biliary Tumor in South East Asia Will Offer More Growth Opportunities

According to the American Cancer Society, incidence of bile duct cancer is inclined towards South East Asia. On account of the high prevalence, there is an increase in research activities, aimed at the development of newer drugs as well as novel therapies in this region.  Increasing government contributions will aid biliary tumor treatment options in this region. Furthermore, favorable health reimbursement policies for bile duct cancer will contribute to the growth of the market in the Asia Pacific.

The report focuses on potential growth aspects of the market with regard to regional demographics. Fortune Business Insights has mentioned several drugs and therapies that have been discontinued, in the report. Additionally, the report provides a comprehensive review of various companies that are working on pipeline drugs and therapies aimed at treatment of biliary tumor.

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