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#Immuno-Oncology Drugs Market Share
poojascmi · 9 months
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India Immuno-Oncology Drugs Market Is Estimated To Witness High Growth Owing To Increasing Adoption of Immunotherapy
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The India Immuno-Oncology Drugs Market is estimated to be valued at US$265 Mn in 2022 and is expected to exhibit a CAGR of 13.1% over the forecast period of 2021-2028, as highlighted in a new report published by Coherent Market Insights. Market Overview: The India Immuno-Oncology Drugs Market refers to the use of immunotherapy drugs for the treatment of various types of cancer. These drugs work by stimulating the body's immune system to recognize and attack cancer cells. The market is driven by the increasing adoption of immunotherapy drugs due to their effectiveness in treating cancer, especially in advanced stages. Immuno-oncology drugs offer advantages such as targeted therapy, reduced side effects compared to traditional chemotherapy, and improved survival rates. The need for these products arises from the growing prevalence of cancer in India and the need for more effective treatment options. Market Key Trends: One key trend in the India Immuno-Oncology Drugs Market is the development of combination therapies. Researchers and pharmaceutical companies are exploring the potential of combining immunotherapy drugs with other treatment modalities, such as chemotherapy or targeted therapy, to enhance their efficacy. For example, the combination of immune checkpoint inhibitors with chemotherapy has shown promising results in clinical trials for various types of cancers. This trend is driven by the need for more effective treatment options and the desire to improve patient outcomes. PEST Analysis: Political: The political factors impacting the India Immuno-Oncology Drugs Market include government regulations and policies related to drug approvals, pricing, and reimbursement. The regulatory framework plays a crucial role in determining the accessibility and affordability of these drugs. Economic: Economic factors influencing the market include healthcare expenditure, insurance coverage, and affordability of immunotherapy drugs. The economic viability of these drugs is an important consideration for patients and healthcare providers. Social: Social factors such as awareness about cancer and its treatment options, patient preferences, and cultural beliefs impact the adoption of immunotherapy drugs. Education campaigns and initiatives to raise awareness about cancer care can drive market growth. Technological: Technological advancements in the field of immuno-oncology, such as the development of novel biomarkers and diagnostic tools, are driving the market. The integration of artificial intelligence and machine learning in cancer research and drug development also presents opportunities for market growth. Key Takeaways: 1: The India Immuno-Oncology Drugs Market Demand is expected to witness high growth, exhibiting a CAGR of 13.1% over the forecast period. This growth is attributed to increasing adoption of immunotherapy in cancer treatment, driven by its effectiveness and advantages over traditional chemotherapy. 2: The fastest growing and dominating region in the India Immuno-Oncology Drugs Market is India due to the high prevalence of cancer and improving healthcare infrastructure. The country has a large patient population seeking advanced treatment options. 3: Key players operating in the India Immuno-Oncology Drugs Market include Amgen Inc., AstraZeneca Plc, Bristol-Myers Squibb, Celgene Corporation, Eli Lilly and Company, Merck & Co., F. Hoffmann-La Roche AG, Johnson & Johnson, Novartis International AG, and AbbVie Inc. These companies invest heavily in research and development to bring innovative immunotherapy drugs to the market. In conclusion, the India Immuno-Oncology Drugs Market is poised to experience significant growth due to the increasing adoption of immunotherapy for cancer treatment. The development of combination therapies, along with favorable political, economic, social, and technological factors, further contribute to market expansion. Key players play a crucial role in driving innovation and bringing advanced therapies to cancer patients in India and globally.
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fairfield-research · 6 days
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Oncology Drugs Market Growth, Trends, Size, Share, Demand And Top Growing Companies 2031
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In a landscape where the battle against cancer rages on, advancements in healthcare systems, public health measures, and novel pharmaceutical therapies have ushered in a new era of hope. According to the National Cancer Institute, the United States saw an estimated 1,806,590 new cancer cases and approximately 606,520 deaths due to the disease in 2020. However, over the past five decades, cancer survival rates have soared from 50% in 1970 to an impressive 70%, thanks to a trifecta of progress.
For more information: https://www.fairfieldmarketresearch.com/report/oncology-drugs-market
Unprecedented Growth Trajectory: The global oncology therapy sales are forecasted to surpass US$ 300 billion by 2026, with oncology contributing 21.7% to total pharmaceutical sales. Fueling this growth are the top 10 pharmaceutical companies, which have declared oncology as their key focus area, driving multibillion-dollar M&A deals and strategic collaborations. Pfizer's acquisition of Array BioPharma for US$11 billion in 2019 and AbbVie's strategic partnership with Genmab for a bispecific antibody development deal worth US$3 billion are testament to this focus.
Diverse Indications Drive Demand: While oncology represents over 20 different indications, a significant portion of revenue stems from just five of them: breast cancer, multiple myeloma, non-small-cell lung carcinoma (NSCLC), prostate cancer, and non-Hodgkin's lymphoma (NHL), which collectively accounted for approximately 65% of the market in 2020. Moreover, with breast, lung, and colorectal cancers expected to collectively account for ~50% of all new cancer diagnoses by 2026, the demand for innovative therapies continues to surge.
Disruptive Trends Reshape Landscape: Innovation in oncology is accelerating, with disruptive technologies such as cell therapy, RNA therapy, viral vectors, and stem cell therapy gaining traction. Recent approvals of CAR-T cell therapies like Kymriah and Yescarta for acute lymphocytic leukemia (ALL) and diffuse large B-cell lymphoma (DLBCL) respectively signal a new frontier in cancer treatment. Precision medicine is also driving progress, with over 160 oncology biomarkers approved by 2019, paving the way for more targeted and effective therapies.
Impact of COVID-19: Despite remarkable progress, oncology has been among the worst-hit therapeutic areas amid the COVID-19 pandemic. Decreased demand for physician-administered products, disruptions in cancer screenings, and a decline in new clinical trials have posed significant challenges. However, the industry remains resilient, adapting to the evolving landscape and ensuring continued innovation.
Immuno-Oncology Leads the Way: Immuno-oncology sales are expected to soar to ~US$ 95 billion by 2026, with agents and protein kinase inhibitors comprising ~65% of sales. With over 550 active cell- and gene-therapy agents under clinical development, the future of cancer treatment looks promising. Investments in combination studies and the exploration of new mechanisms underscore the industry's commitment to advancing immuno-oncology therapies.Roche and Keytruda: Leading the Charge: In a highly concentrated market where the top 10 companies capture over 75% of the market value, F. Hoffmann-La Roche AG (Roche) and Merck & Co. stand out as leaders. While Roche maintains its global leadership position, Merck's Keytruda is poised to become the world's top-selling oncology
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mitalipingale · 8 days
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https://biiut.com/read-blog/45985_immuno-oncology-drugs-market-analysis-size-share-and-forecast-2031.html
The Immuno Oncology Drugs Market in 2023 is US$ 20.24 billion, and is expected to reach US$ 71.18 billion by 2031 at a CAGR of 17.02%.
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bhushans · 1 month
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Global Breast Cancer Drug market: A Deep Dive into Key Drivers and Trends
The global Breast Cancer Drug market. According to a recent analysis, the market size is projected to be worth US$ 10,733.1 million in 2023. Between 2023 and 2033, the total demand for breast cancer medications is expected to expand at a Compound Annual Growth Rate (CAGR) of 1.1%, reaching approximately US$ 12,012.1 million by that time.
Breast cancer remains a significant healthcare challenge globally, with the disease's rising prevalence driving the demand for innovative treatments. Effective care of breast cancer necessitates early diagnosis and access to advanced therapies, highlighting the importance of continued innovation and development in the breast cancer drug market.
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Addressing Breast Cancer: A Market Focused on Innovation and Early Detection
The global breast cancer drug market is experiencing steady growth, driven by the continuous need for effective treatment options and the ongoing battle against this prevalent disease. Early detection remains a critical factor in managing breast cancer effectively.
Multiple Factors Shape Market Landscape:
Although growth is projected to be modest, several factors are influencing the breast cancer drug market:
Rising Prevalence: Unfortunately, the number of breast cancer diagnoses is expected to continue rising globally. This creates a larger patient population in need of treatment.
Novel Therapies: The development of innovative therapies, such as targeted drugs and immunotherapies, offers new treatment options and hope for improved patient outcomes.
Focus on Early Detection: Increased awareness campaigns and improved diagnostic tools contribute to earlier detection, allowing for more effective treatment interventions.
Key Takeaways:
The global breast cancer drug market is projected to reach US$12,012.1 million by 2033, reflecting a rise from US$10,733.1 million in 2023.
This growth is expected at a moderate compound annual growth rate (CAGR) of 1.1% throughout the forecast period.
The rising prevalence of breast cancer and the development of novel therapies are key drivers for market expansion.
Competitive Landscape:
In August 2021, Pfizer Inc. and Trillium Therapeutics Inc. entered into a definitive agreement under which Pfizer will acquire Trillium, a clinical-stage immuno-oncology company developing innovative therapies for the treatment of cancer. Under the terms of the agreement, Pfizer will acquire all outstanding shares of Trillium not already owned by Pfizer for an implied equity value of $2.26 billion, or $18.50 per share, in cash.
In June 2022, Novartis announced new overall survival (OS) and quality of life (QoL) analyses which evaluated Kisqali® (ribociclib) plus endocrine therapy for patients with hormone receptor-positive/human epidermal growth factor receptor-negative (HR+/HER2-) advanced or metastatic breast cancer.
Key Companies Profiled:
F. Hoffmann-La Roche Ltd
Pfizer Inc.
AstraZeneca
Novartis International AG
Achieve Life Science
Bristol-Myers Squibb
Eisai Co. Ltd
AbbVie
Eli Lilly & Company
Celgene Corporation
Merck & Co.
Amgen Plc.
Celldex Therapeutics
Biocon Genzyme Corporation
Key Segments Covered in the Breast Cancer Drug Industry Analysis:
By Drug Class:
SERM (Selective Estrogen-Receptor Modulators)-based
Aromatase Inhibitors-based
Biologic Response Modifiers-based
Other Hormonal Therapies-based
By Distribution Channel:
Hospital Pharmacies
Pharmacies
Drug Stores
By Region:
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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imirmarketresearch · 3 months
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lalsingh228-blog · 4 months
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AI in Drug Discovery Market to See Huge Growth by 2029
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Global AI in Drug Discovery Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Major Players in This Report Include, IBM Corporation (United States), Microsoft (United States), Google (United States), NVIDIA Corporation (United States), Atomwise, Inc. (United States), Deep Genomics (Canada), Cloud Pharmaceuticals (United States), Insilico Medicine (United States), Benevolent AI (United Kingdom), Exscientia (United Kingdom). Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/127272-global-ai-in-drug-discovery-market Artificial intelligence for drug discovery is a technology that uses and different algorithms that value add in decision-making processes for drug discovery. The increasing cases of rare diseases and demand for personalized drugs are the major factor fueling the growth of the global Al for Drug Discovery marker. Market Drivers
Increasing Pressure on the Drug Manufacturer to Reduce Drug Price
Growing Number of Cross-Industry Collaborations and Partnerships
Market Trend
Research Applying AI to Drug Discovery is Accelerating
Data Sharing
Opportunities
Implementation of AI reduces researches and development gap in the drug manufacturing process and help in the targeted manufacturing of the drugs.
Huge Investments in Research & Developments
Challenges
Protecting Intellectual Property and Data
Enquire for customization in Report @: https://www.advancemarketanalytics.com/enquiry-before-buy/127272-global-ai-in-drug-discovery-market In this research study, the prime factors that are impelling the growth of the Global AI in Drug Discovery market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers. The AI in Drug Discovery market study is being classified by Application (Immuno-oncology, Neurodegenerative Diseases, Cardiovascular Diseases, Metabolic Diseases, Others), Technology (Machine Learning, Deep Learning, Others), End-User (Pharmaceutical & Biotechnology, Research Organizations, Academic & Government Institutes), Component (Software, Services) The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global AI in Drug Discovery market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market. Get Reasonable Discount on This Premium Report @ https://www.advancemarketanalytics.com/request-discount/127272-global-ai-in-drug-discovery-market Extracts from Table of Contents AI in Drug Discovery Market Research Report Chapter 1 AI in Drug Discovery Market Overview Chapter 2 Global Economic Impact on Industry Chapter 3 Global Market Competition by Manufacturers Chapter 4 Global Revenue (Value, Volume*) by Region Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type Chapter 7 Global Market Analysis by Application ………………….continued This report also analyzes the regulatory framework of the Global Markets AI in Drug Discovery Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers. Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 [email protected]
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pharmanucleus1 · 5 months
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Oncolytic Virus Therapies Market - Exploring Cancer Treatment Innovations in Coming Future
Oncolytic Virus Therapies Market: Overview 
The market size of the global?oncolytic virus therapies in the year 2019?is valued at 84.3 million and is predicted to reach 962 million by the year 2030?at an 26.28% CAGR during the forecast period.
Oncolytic viruses (OVs) are either naturally occurring or genetically modified. They only target and kill cancer cells while leaving healthy cells unharmed. This treatment, a cutting-edge approach to treating cancer patients, has had positive outcomes. Oncolytic virus therapies, which target DNA or RNA inside or outside the body, overlap biomedical research fields with similar therapeutic goals. Through genetic modification, these therapies attempt to treat an illness. The need to treat these chronic illnesses and the rising cancer incidence are the main factors driving the market growth. Cancer incidences have grown due to aging populations, population growth, and greater exposure to cancer risk factors. As awareness of these conditions rises, so does the demand for sophisticated cancer detection and treatment techniques, which is expected to drive market growth throughout the forecast period. 
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Additionally, it is projected that the market demand will grow more swiftly in the coming years due to the rise in demand for targeted cancer therapies, the rapid breakthroughs in cancer research and the rise in immuno-oncology drug approvals by the medical establishment backs. The drug does, however, occasionally cause some unpleasant side effects, including fever, chills, nausea, and soreness at the injection site. The expansion of the oncolytic viral therapies market's revenue is restricted. 
Oncolytic Virus Therapies Market Trends: 
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Oncolytic Virus Therapies Market Drivers: 
Increased Demand for Awareness Campaigns by Governments Around the World to Drive Growth 
The market expansion would be aided by several awareness initiatives being carried out by governments of developing nations worldwide to raise awareness of various cancer therapies. Due to increased public demand and knowledge, this action is expected to result in more patients being diagnosed with cancer early, improving market value and market share. Oncolytic medication availability for different malignancies is anticipated to propel market expansion throughout the market forecast period and lead to innovations and breakthroughs. 
Growing Number of Studies to Increase Demand and Augment Market Growth
The industry will rise as more research is done to discover new treatments for cancer and other disorders. Important market participants are participating in these trials to provide major discoveries that will raise public awareness and fuel the demand for immunotherapies. The study includes malignancies, including melanoma and breast cancer. Thus, combining these variables would spur public knowledge of oncolytic viruses and commercial expansion. 
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Oncolytic Virus Therapies Market: Restraints 
Treatment Side Effects That Could Limit Market Expansion
Oncolytic viruses may cause the immune system to target healthy cells, increasing the risk of infection due to the viruses' capacity to infect healthy cells and raise overall immunological activity systems. The expansion of the market value may be hampered by potential adverse effects such as fever, chills, nausea, exhaustion, flu-like symptoms, and discomfort following the therapy, as patients may carefully examine these concerns before seeking virus therapy. An imbalance may also hamper the market drivers and the market share of the service in the supply and demand of the materials needed for the treatments. Therefore, before making market investments, important industrial players and investors must consider these aspects. 
Oncolytic Virus Therapies Market: Segmentation 
The global oncolytic virus therapies market is segregated based on commercialized therapies, pipeline therapies, type of virus, and application.
By Type of Virus 
Based on the type of virus, the market segmentation is divided into a genetically engineered oncolytic virus (herpes simplex virus (HSV), adenovirus, vaccinia virus) and oncolytic wild-type virus?(reovirus (respiratory enteric orphan virus), newcastle disease virus (NDV), vesicular stomatitis virus (VSV)). The genetically engineered oncolytic virus category is anticipated to dominate the market over the market forecast period. The increasing utilization demand has driven the market share in this sector due to their high accuracy in delivering the gene to the specific region. The prevalence of cancer is rising, and as a primary treatment, genetically engineered oncolytic viruses are becoming more and more necessary. The corporations are forming alliances and contracts to expand their market share. 
By Application 
Based on application, the market segmentation is divided into the solid tumor (breast cancer, prostate cancer, lung cancer, glioblastoma, melanoma, other applications) and?hematological malignancies (lymphoma, leukemia, myeloma). The solid tumor category dominated the market and is anticipated to maintain its dominance over the forecast period due to an increase in the prevalence of malignant tumors, an increase in the use of oncolytic viruses to treat metastatic cancers because current treatment methods were ineffective, and improvements in oncolytic virus therapy for solid tumors. Breast cancer is among the second most common cancers to be diagnosed worldwide, and existing treatments are ineffective for curing metastatic breast cancer, which is frequently accompanied by significant side effects that drastically reduce the quality of life for patients. Oncolytic viral therapy has become an effective method to combat several cancers, including breast cancer. 
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Is Merck’s Keytruda ahead of BMS Opdivo?
Both Keytruda and Opdivo are highly effective and commercially successful immunotherapies, yet Keytruda is at the forefront.
In newly diagnosed lung cancer, a commercial market opportunity that could reach $8 billion in sales annually, Merck’s Keytruda works and Bristol’s Opdivo does not.
With many failures in last 2-3 years for Nivolumab as monotherapy or as combination therapy, caused a fall flat, whereas consecutive accelerated approvals in past one year for Keytruda added to its market share and success.
Write to us at [email protected] Learn how GRG Health is helping clients gather more in-depth market-level information on such topics.
We really don’t always get to see a head-on confrontation like the Merck’s Keytruda (pembrolizumab) and BMS Opdivo (nivolumab). These two have always been so much hyped immunotherapies along with other PD-1/L1 inhibitors.
But these two used to steal the show many a times in most of the international major conferences. Even though Opdivo has been approved earlier than Keytruda, yet, we feel that Keytruda was a better player. Both drugs are highly effective and commercially successful immunotherapies. Both are even effective in treating patients with lung cancer that no longer responds to prior therapies.
However, in newly diagnosed lung cancer, a commercial market opportunity that could reach $8 billion in sales annually, Merck’s Keytruda works and Bristol’s Opdivo does not. Keytruda, first approved for advanced melanoma in 2014, is Merck’s most important growth driver. It has overtaken Bristol’s Opdivo as the industry’s immuno-oncology leader with sales expected to top $10 billion this year and $20 billion in 2024, according to IBES data. Kidney cancer is the latest proving ground for IO in combination with other drugs.
While treatments like Keytruda (pembrolizumab) and Opdivo (nivolumab) have proved startlingly effective for a minority of patients — depending on the tumor type — most don’t experience a significant benefit. In response, biopharma companies have leaned on combinations, but only with modest success.
Bristol-Myers’ combo of Opdivo and Yervoy has been one of those successes, with approvals in metastatic melanoma, certain types of colorectal cancer and, most recently, advanced renal cell carcinoma. The pairing has also underpinned a good part of Bristol-Myers’ commercial success in immuno-oncology. As Keytruda has become the immunotherapy of choice in lung cancer, more of Opdivo’s growth has come in melanoma and renal cell carcinoma, according to Bristol-Myers’ executives.
However, the combination is also hampered by Yervoy’s side-effect profile, which includes severe and fatal immune-related adverse reactions like enterocolitis and neuropathy. With many failures in last 2-3 years for Nivolumab as monotherapy or as combination therapy, might be due to the kind of patient segments they recruited in the respective trials, caused a fall flat. On the contrary, consecutive accelerated approvals in past one year for Keytruda added-in Merck’s Kitty have made it a better player than Opdivo.
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pragmareports · 9 months
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latestsmarkettrends · 9 months
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Brain Tumor Drugs Market Growth Factors, Restraints, Advancements and rising Trends Forecast 2023 to 2033
From 2023 to 2033, the market for drugs for brain tumors is anticipated to grow at a 9.2% CAGR. Market value is anticipated to reach US$ 2.65 billion in 2023 and US$ 6.30 billion in 2033.
The Brain Tumor Drugs Market is likely to grow from US$ 2.65 billion in 2023 to US$ 6.30 billion in 2033.
The Growing Use of Targeted Medicines is Putting a Damper on the Brain Tumor Medications Industry
The purpose of targeted cancer therapy is to kill malignant cells while leaving healthy cells alone. This therapy may be more effective than traditional chemotherapy and radiotherapy because it focuses on changes in the cell that are particular to cancer. Everolimus, for example, is a targeted medication that prevents cancer cells from growing and spreading.
Similarly, unlike chemical medications, which cannot block regeneration, Bevacizumab prevents cancer cell regeneration. The increased popularity of targeted therapy is likely to impact sales of conventional chemical brain tumor medications, limiting market growth over the projection period. Companies in the brain tumor market are concentrating on the application of nanotechnology for innovative treatment.
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Nanoparticles are utilized to deliver medications in combination straight to cancer cells or into tumors. This method has also resulted in a reduction in medicine dosage, increased shelf life, and reduced toxicity. A few nano drugs are proven to be effective in crossing the blood-brain barrier, which has been a substantial obstacle in the treatment of brain malignancies.
A brain tumor is an abnormal mass of tissue in which brain cells grow and replicate in an uncontrollable and fast manner. Brain cancers are classified into two types: primary brain tumors and metastatic brain tumors. Primary brain tumors are those that arise from the brain’s tissues or its surrounding tissues.
Pharmaceutical businesses have improved supply chain management, which has increased research and development and investment in quality control and manufacturing.
Key Takeaways
The brain tumor drugs market is expected to record a CAGR of 9.2% during the forecast period 2023 to 2033.
The primary drivers of the market are an increase in brain cancer prevalence, the presence of promising pipeline candidates, and an increased need for precision and customized treatment to drive market expansion.
North America dominated the brain tumor drugs market.
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Key Development in the Brain Tumor Drugs Market
April 2021 – MindMed and Nextage Therapeutics signed a Memorandum of Understanding (MOU) to maximize the administration of selected psychedelic drug candidates using Nextage’s unique Brain Targeting Liposome System (BTLS) delivery technology.
March 2021 – Roche and GenMark Diagnostics signed a comprehensive merger agreement for Roche to entirely acquire GenMark for US$ 24.05 per share in an all-cash transaction.
September 2022 – F. Hoffmann-La Roche Ltd. announced an agreement to acquire Good Therapeutics. With this acquisition, the firm gains access to Good Therapeutic’s platform technology, which is relevant to a wide range of sectors such as cancer, autoimmune illnesses, metabolic disease, and pain management.
June 2022 – Novartis AG received the United States FDA approval for Tafinlar + Mekinist for the treatment of paediatric and adult patients with solid cancers containing the BRAF V600E mutation. BRAF mutations are responsible for tumor growth in over 20 different tumor types, including brain, thyroid, and others.
November 2021 – Pfizer Inc. purchased Trillium Therapeutics, a clinical-stage immuno-oncology startup focused on creating novel cancer medicines.
Key Segment
By Therapy:
Targeted Therapy
Chemotherapy
Immunotherapy
Others
By Indication:
Pituitary
Meningioma
Glioma
Others
By Distribution Channel:
Hospital Pharmacy
Retail & Online Pharmacy
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sanjay-chem · 1 year
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Immunohistochemistry Market Size, Share, Demand, Growth & Trends by 2032
As per Future Market Insights' latest industry analysis, the immunohistochemistry market size is expected to be worth US$ 2.05 billion in 2022 and US$ 4.59 billion by 2032, with a quick CAGR of 8.4% between 2022 and 2032.
Adoption of immunohistochemistry is anticipated to increase as a result of the rise in healthcare spending and the spike in interest in living a higher quality life.
The immunohistochemistry market outlook is anticipated to expand due to the increase in chronic diseases. As value-based healthcare solutions are becoming more popular, it is anticipated that the demand for immunohistochemistry is likely to increase rapidly.
The immunohistochemistry market share is expected to increase due to an increase in patients with cancer, infectious diseases, and cardiovascular disorders, all of which use immunohistochemistry for diagnosis.
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The alarming rate at which infectious diseases are spreading presents a challenge for medical professionals in developing drugs for such unidentified diseases. The rise in demand for immunohistochemistry for such diseases is expected to drive immunohistochemistry market growth.
According to the International Diabetes Federation, 463 million people aged 20 to 79 worldwide have diabetes as of 2019, with that figure expected to rise to nearly 700 million by 2045.
Increased R&D in immunohistochemistry-based techniques is expected to drive immunohistochemistry market growth in the coming years.
Additionally, the adoption of immunohistochemistry is estimated to grow over the course of the projected period due to an increase in the incidence and prevalence of chronic diseases like cancer, where proteins are expected to play a significant role. Short-term expansion of the immunohistochemistry industry is expected to be constrained by unfavorable reimbursement regulations.
Key Takeaways from Market Study
Since     antibodies play such an important role in disease diagnosis and medication     testing, the antibodies segment dominated the immunochemistry market in     2021, accounting for more than 41% of global revenue.
The     diagnostics application sector accounted for approximately 70% of revenue     in 2021, and it is expected that this segment is projected to lead during     the forecast period.
In     2021, hospitals and diagnostic laboratories generated more than 71% of     total revenue, dominating the immunochemistry market.
North     America is likely to dominate the immunochemistry market in 2021,     accounting for more than 39% of global sales.
Asia     Pacific is expected to have the fastest CAGR during the forecast period.     This is largely due to global players increased geographic presence in     Asian markets.
"Increasing automation and machine learning deployment in immunohistochemistry (IHC), as well as the release of technologically enhanced IHC solutions, are expected to significantly drive the immunohistochemistry market share during the forecast period. Due to advancements in IHC methods, the demand for immunohistochemistry in disease diagnosis has increased significantly."- Future Market Insights Analyst.
Competitive Landscape
Key players in the immunohistochemistry market are developing cutting-edge products that are expected to drive immunohistochemistry market growth.
The introduction of these clinical diagnostic markers could help the immuno-oncology field advance early cancer medication development. The immunohistochemistry market is expected to expand at a faster rate during the forecast period due to R&D advancements.
The following companies are among the major players in the global immunohistochemistry market: Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd., Merck KGaA; Danaher Corporation; PerkinElmer, Inc., Bio-Rad Laboratories, Inc., Cell Signaling Technology, Inc., Bio SB; Abcam plc., Agilent Technologies, Inc.
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Key Segments
By Product:
 Primary      Antibodies
 Secondary      Antibodies
 Slide      Staining System
 Tissue      Microarrays
 Tissue      Processing Systems
 Slide      Scanners
 Others
 Histological      stains
 Blocking      Sera and Reagents
 Chromogenic      Substrates
 Fixation      Reagents
 Stabilizers
 Organic      Solvents
 Proteolytic      Enzymes
 Diluents
By Application:
 Cancer
 Infectious      Diseases
 Cardiovascular      Diseases
 Autoimmune      Diseases
 Diabetes      Mellitus
 Nephrological      Diseases
By End-use:
Hospitals     & Diagnostic Laboratories
Research     Institutes
Others
By Region:
North     America
Latin     America
Europe
Asia     Pacific
MEA
Recent Developments in Immunohistochemistry Market:
Roche's     VENTANA MMR RxDx companion diagnostic test was approved by the FDA in     August 2021 for solid tumours that lack the MMR pathway. The test     determines who is eligible for JEMPERLI, GSK's anti-PD1 immunotherapy.
Agilent     received a CE-IVD mark in Europe in August 2021 for its PD-L1 IHC 22C3     pharmDx assay for the identification of oesophageal cancer patients for     treatment with KEYTRUDA.
Biocare     Medical LLC introduced the ONCORE Pro, a fully automated in vitro     diagnostic benchtop system for In-situ Hybridization (ISH) and IHC     applications, in January 2021.
In     January 2021, Abcam and Shuwen Biotech (Shuwen) formed a strategic     partnership to develop and market Companion Diagnostics (CDx). According     to the agreement, Abcam will provide recombinant rabbit monoclonal     antibodies to Shuwen Biotech for additional immunohistochemistry.
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jean-perry · 1 year
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mitalipingale · 8 days
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The Immuno Oncology Drugs Market in 2023 is US$ 20.24 billion, and is expected to reach US$ 71.18 billion by 2031 at a CAGR of 17.02%.
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cavixorg · 1 year
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Using its unique expanded genetic code technology platform, Ambrx Biopharma Inc.(AMAM stock) , a clinical-stage biologics firm, discovers and creates tailored precision biologics. Its lead product candidate, ARX788, is an anti-HER2-drug conjugate (ADC) that is being studied in numerous clinical trials to treat of breast cancer, stomach junction cancer, as well as other solid tumors. These trials, which are currently in Phase 2 and Phase 3, are also being conducted for the treatment of gastric and breast cancers that have metastasized and are HER2-positive. The company is also working on two earlier-stage product candidates: ARX305, an anti-CD70 ADC in investigational new chemical studies for the treatment of kidney cell carcinoma and other cancers.  And ARX517, an anti-PSMA ADC in a Phase 1 clinical trial for the therapy of prostate cancer and other tumors. It is also creating additional multiple product candidates with an eye toward immuno-oncology applications, such as ARX102, an immuno-oncology IL-2 path agonist that targets and gamma receptors on cytotoxic T cells to activate the patient's own immune system, and ARX822, a fab-small macromolecular bispecific that is used in preclinical phase for cancers. Bristol Myers Squibb Company, AbbVie Inc., BeiGene, Sino Biopharmaceutical Co., Ltd., NovoCodex, and Elanco Animal Health are all partners of Ambrx Biopharma Inc. The business was founded in 2003, and its main office is in La Jolla, California. Who Are The Major Owners Of AMAM Stock? 17 investment banks and fund managers owned AMAM stock in Ambrx Biopharma over the previous two years. Fosun International Ltd ($37.88M), Adage Capital Partners GP L.L.C. ($17.37M), BlackRock Inc. ($11.75M), FMR LLC ($10.22M), Octagon Capital Advisors LP ($8.82M), Suvretta Capital Management LLC ($6.15M), and Millennium Management LLC ($2.82M) were the institutional investors with the largest investments. AMAM stock is held by institutions 44.21% of the time. In the past 24 months, institutional investors have purchased 9,197,182 shares altogether. This volume of purchases entails about $158.86M in transactions. In the past 24 months, investment banks have sold 274,909 shares in total. This share sale volume equates to roughly $1.55M in business. Institutional shareholders Cormorant Asset Management LP ($0.15M), BlackRock Inc. ($48.46K), Tudor Investment Corp Et Al ($39.86K), Ghisallo Capital Management LLC ($25K), and Renaissance Technologies LLC ($11.60K) all sold shares of Ambrx Biopharma in the past 24 months. Short Sellers Of Ambrx Biopharma? November saw a decrease in short interest in Ambrx Biopharma. 3,800 shares totaled short interest as of November 15th, which is a decrease of 20.8% from the 4,800 share total as of October 31st. The days-to-cover ratio is currently 0.1 days based on an average daily trading volume of 30,600 shares. Short sales of the company's shares make up about 0.0% of the total. Any online trading account can be used to buy shares of AMAM stock. WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab are a few well-known online brokerages providing access to the American stock market.   Competitors Of AMAM The top rivals of Ambrx Biopharma include Elevation Oncology (ELEV), Cortexyme, Idera Pharmaceuticals (IDRA), Rubius Therapeutics (RUBY), Jasper Therapeutics (JSPR), Entera Bio (ENTX), AIM ImmunoTech (AIM), ERYTECH Pharma (ERYP), Genetic Technologies (GENE), Surrozen (SRZN), and (CRTX). All of these businesses fall under the "medical" category. Ambrx Biopharma is not as well-liked by analysts as other Medical companies. AMAM stock has a consensus rating of Moderate Buy, whereas the typical consensus rating for healthcare firms is Buy. Ambrx Biopharma is disliked by customers more than other Medical businesses. Ambrx Biopharma had an outperform vote from 52.38% of people, versus an average of 66.26% for medical firms. Entera Bio And Ambrx Biopha
rma? Compared to Ambrx Biopharma, Entera Bio has smaller revenue but larger earnings. Shares in Ambrx Biopharma are held by institutions 44.2% of the time. Comparatively, institutional investors own 17.1% of the shares in Entera Bio. Shares of Ambrx Biopharma are held by company insiders to a 5.1% stake. Comparatively, insiders own 5.2% of the shares in Entera Bio. Solid organizational ownership is a sign that endowments, hedge funds, and big money managers are betting on a company's long-term ability to outperform the market. Compared to Entera Bio's profit income of -1,796.49%, Ambrx Biopharma has a net margin of 0.00%. Entera Bio's return on equity was beaten by Ambrx Biopharma's equity return of 0.00%. When compared by users, Entera Bio earned 157 more votes for outperformance than Ambrx Biopharma. Similarly, while just 52.38% of people gave Ambrx Biopharma an outstanding vote, 66.14% of users awarded Entera Bio an outperform rating. With a beta of 1.34, AMAM stock price is 34% less volatile than that of the S&P 500. Compared to the S&P 500, Entera Bio's share price is 84% more unpredictable with a beta of 1.84. Ambrx Biopharma received 48 more media mentions than Entera Bio in the past week. Ambrx Biopharma received 49 mentions according to us, while Entera Bio received just one. Shares Of Ambrx Rise After Promoting Early Safety Preliminary safety and effectiveness findings from the Phase 2 ACE-Breast-03 study were released by Ambrx Biopharma Inc. (NASDAQ: AMAM), which encouraged early safety data from the breast cancer candidate. In patients with HER2-positive mBC who are resistant or refractory to T-DM1, the data showed a 51.7% overall response rate (ORR) and a 100% disease control rate (DCR) after therapy with ARX788. Patients received therapy for a median of 7.2 months, as treatment is still ongoing. In China, Amrbrx's partner NovoCodex Biopharmaceuticals is currently conducting two Phase 3 trials so one registration-enabled Phase 2 study with ARX788, with readouts expected in 2023. The last check Friday's premarket session saw AMAM shares up 180.6% to $1.15. How Simple Is It For Ambrx Biopharma To Raise Money? Many people may be thinking that Ambrx Biopharma has to raise more money in the future because its income is falling and its operating cash flow is rising. Companies have the option of raising capital through debt or equity. Publicly traded corporations benefit greatly from the ability to sell investors shares in order to raise capital and finance expansion. By comparing a company's cash burn to its market capitalization, we may determine how much investors would be affected if the business had to issue capital to pay for the cash burn for an additional year. Ambrx Biopharma seems to have a market value of $20 million and spent $7 million last year, or 350% of its market value. We believe there is a substantial risk of financial hardship given how big that expenditure is in comparison to the company's market value, and we would be extremely cautious about keeping the AMAM stock. What Are The Average Rating And Price Objective For Ambrx Biopharma? Based on the current 1 controlled transaction and 1 buy rating for AMAM, the consensus opinion for AMAM stock is Moderate Buy, according to the 2 analysts who have issued ratings in the past year. Ambrx Biopharma's average 12-month price objective is $4.00, with a premium price target of $4.00 and a low cost target of $4.00. According to two Wall Street experts who have predicted the price of AMAM for the next year, the average price target is $11.00, with the maximum prediction for the company being $16.00 and the lowest prediction being $6.00. By April 2023, according to the majority of Wall Street analysts, the share price of Ambrx Biopharma might be $11.00. Is AMAM A Successful Business? The cash burn for AMAM is $70163000. It has at least a year's worth of coverage in the form of cash and short-term investments. AMAM has cash and short-term investments of
$111.72 million. This is sufficient to fund its $70.16M yearly cash burn. AMAM has a small 0.28 debt to equity ratio. On the balance sheet of AMAM, short-term assets outnumber long-term liabilities. On the balance sheet of AMAM, short-term assets exceed short-term liabilities. Cons: Over the past year, AMAM's profit margin has decreased from 325.6% to 1.729.9%. According to our examination of Ambrx Biopharma's cash position, its cash runway was comforting, but the ratio of its cash burn to market value has us a little concerned. We have very little faith in the company's capacity to control its cash burn after taking all the data stated in this article into account, and we predict it will need additional money. The Basics Of Ambrx Biopharma The value of AMAM stock is 43, which is higher than the average for the Biotechnology sector. Currently, 3 out of 7 due diligence tasks are being passed by AMAM. AMAM's Financials rating is 0, which is the same as the industry average for the Biotechnology sector. AMAM stock is presently failing 0 of 7 checks for due diligence. The AMAM stock forecast score is 0, which is the same as the sector average for biotechnology. AMAM stock is presently failing 0 of 9 checks for due diligence. The Performance score for AMAM stock is 71, which is higher than the industry average for biotechnology. Five out of ten due diligence checks are passing for AMAM. We disregard this dimension because Ambrx Biopharma has little or no historical dividend history. Recommendations Most Recent From AMAM Analysts On May 24, 2022, a Goldman Sachs analyst decreases their price objective for AMAM stock from $6 to $4 while maintaining a hold rating. On April 7, 2022, Joel Beatty, a high 17% analyst from Baird, commences covering on AMAM with a buy recommendation and publishes their $16.00 price target. On February 28, 2022, Corinne Jenkins of Goldman Sachs, a top 48% analyst, announces the beginning of covering on AMAM with such a hold recommendation and a $6.00 price target. In 2022, Should I Buy Or Sell Ambrx Biopharma Stock? In the past year, Ambrx Biopharma has received "buy," "hold," and "sell" evaluations from 2 Wall Street research analysts. For the stock, there is presently 1 hold rating and 1 buy rating. Wall Street research experts generally agree that investors should "buy" AMAM stock. On Friday, June 18th 2021, (AMAM) raised $126 million through an initial public offering. At a price of $17.00–$19.00 per share, the corporation issued 7,000,000 shares. The underwriters for the initial public offering were Goldman Sachs, BofA Securities, and Cowen. The time it would take for a corporation to exhaust its cash on hand at its current cash burn rate is known as its cash runway. Ambrx Biopharma had 111 million dollars in cash and no debt as of June 2022. Looking back at the previous year, the business spent $70 million. So, starting in June 2022, AMAM stock forecast had a financial runway of about 19 months. This is not too bad, and unless cash burn substantially decreases, it is safe to assume the financial runway is coming to an end. Ambrx Biopharma Stock Forecast 2022 While it is not anticipated that AMAM stock forecast annual earnings rate of growth of N/A will surpass the statistically important earnings growth rate of 9.29% for the US biotechnology industry, neither is it anticipated to surpass the average AMAM stock forecast earnings rate of growth of 70.08% for the US market. The revenue for AMAM stock forecast in 2022 is -$90,558,000. One Wall Street analyst predicted that AMAM stock forecast earnings would be -$75,691,975 on average in 2022, with the highest AMAM earnings prediction being -$75,691,975 and the top AMAM stock forecast being -$75,691,975. The current Earnings Per Share (EPS) for Ambrx Biopharma is $6.72. Analysts expect AMAM stock forecast EPS to be -$0.28 on average for 2022, with the lowest and highest estimates both coming in at -$0.28. Ambrx Biopharma Stock Forecast
2023 AMAM stock forecast is anticipated to make -$67,582,121 in 2023, with the smallest earnings estimate being -$67,582,121 and the actual figure being -$67,582,121. By April 7, 2023, analysts on Wall Street believe the share price of Ambrx Biopharma might reach $11.00. From the present share price of $4.54 for AMAM, the average AMAM stock forecast predicts a possible increase of 142.29%. AMAM stock forecast EPS is anticipated to be negative $0.25 in 2023.
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stocklivemarket · 1 year
Text
Using its unique expanded genetic code technology platform, Ambrx Biopharma Inc.(AMAM stock) , a clinical-stage biologics firm, discovers and creates tailored precision biologics. Its lead product candidate, ARX788, is an anti-HER2-drug conjugate (ADC) that is being studied in numerous clinical trials to treat of breast cancer, stomach junction cancer, as well as other solid tumors. These trials, which are currently in Phase 2 and Phase 3, are also being conducted for the treatment of gastric and breast cancers that have metastasized and are HER2-positive. The company is also working on two earlier-stage product candidates: ARX305, an anti-CD70 ADC in investigational new chemical studies for the treatment of kidney cell carcinoma and other cancers.  And ARX517, an anti-PSMA ADC in a Phase 1 clinical trial for the therapy of prostate cancer and other tumors. It is also creating additional multiple product candidates with an eye toward immuno-oncology applications, such as ARX102, an immuno-oncology IL-2 path agonist that targets and gamma receptors on cytotoxic T cells to activate the patient's own immune system, and ARX822, a fab-small macromolecular bispecific that is used in preclinical phase for cancers. Bristol Myers Squibb Company, AbbVie Inc., BeiGene, Sino Biopharmaceutical Co., Ltd., NovoCodex, and Elanco Animal Health are all partners of Ambrx Biopharma Inc. The business was founded in 2003, and its main office is in La Jolla, California. Who Are The Major Owners Of AMAM Stock? 17 investment banks and fund managers owned AMAM stock in Ambrx Biopharma over the previous two years. Fosun International Ltd ($37.88M), Adage Capital Partners GP L.L.C. ($17.37M), BlackRock Inc. ($11.75M), FMR LLC ($10.22M), Octagon Capital Advisors LP ($8.82M), Suvretta Capital Management LLC ($6.15M), and Millennium Management LLC ($2.82M) were the institutional investors with the largest investments. AMAM stock is held by institutions 44.21% of the time. In the past 24 months, institutional investors have purchased 9,197,182 shares altogether. This volume of purchases entails about $158.86M in transactions. In the past 24 months, investment banks have sold 274,909 shares in total. This share sale volume equates to roughly $1.55M in business. Institutional shareholders Cormorant Asset Management LP ($0.15M), BlackRock Inc. ($48.46K), Tudor Investment Corp Et Al ($39.86K), Ghisallo Capital Management LLC ($25K), and Renaissance Technologies LLC ($11.60K) all sold shares of Ambrx Biopharma in the past 24 months. Short Sellers Of Ambrx Biopharma? November saw a decrease in short interest in Ambrx Biopharma. 3,800 shares totaled short interest as of November 15th, which is a decrease of 20.8% from the 4,800 share total as of October 31st. The days-to-cover ratio is currently 0.1 days based on an average daily trading volume of 30,600 shares. Short sales of the company's shares make up about 0.0% of the total. Any online trading account can be used to buy shares of AMAM stock. WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab are a few well-known online brokerages providing access to the American stock market.   Competitors Of AMAM The top rivals of Ambrx Biopharma include Elevation Oncology (ELEV), Cortexyme, Idera Pharmaceuticals (IDRA), Rubius Therapeutics (RUBY), Jasper Therapeutics (JSPR), Entera Bio (ENTX), AIM ImmunoTech (AIM), ERYTECH Pharma (ERYP), Genetic Technologies (GENE), Surrozen (SRZN), and (CRTX). All of these businesses fall under the "medical" category. Ambrx Biopharma is not as well-liked by analysts as other Medical companies. AMAM stock has a consensus rating of Moderate Buy, whereas the typical consensus rating for healthcare firms is Buy. Ambrx Biopharma is disliked by customers more than other Medical businesses. Ambrx Biopharma had an outperform vote from 52.38% of people, versus an average of 66.26% for medical firms. Entera Bio And Ambrx Biopha
rma? Compared to Ambrx Biopharma, Entera Bio has smaller revenue but larger earnings. Shares in Ambrx Biopharma are held by institutions 44.2% of the time. Comparatively, institutional investors own 17.1% of the shares in Entera Bio. Shares of Ambrx Biopharma are held by company insiders to a 5.1% stake. Comparatively, insiders own 5.2% of the shares in Entera Bio. Solid organizational ownership is a sign that endowments, hedge funds, and big money managers are betting on a company's long-term ability to outperform the market. Compared to Entera Bio's profit income of -1,796.49%, Ambrx Biopharma has a net margin of 0.00%. Entera Bio's return on equity was beaten by Ambrx Biopharma's equity return of 0.00%. When compared by users, Entera Bio earned 157 more votes for outperformance than Ambrx Biopharma. Similarly, while just 52.38% of people gave Ambrx Biopharma an outstanding vote, 66.14% of users awarded Entera Bio an outperform rating. With a beta of 1.34, AMAM stock price is 34% less volatile than that of the S&P 500. Compared to the S&P 500, Entera Bio's share price is 84% more unpredictable with a beta of 1.84. Ambrx Biopharma received 48 more media mentions than Entera Bio in the past week. Ambrx Biopharma received 49 mentions according to us, while Entera Bio received just one. Shares Of Ambrx Rise After Promoting Early Safety Preliminary safety and effectiveness findings from the Phase 2 ACE-Breast-03 study were released by Ambrx Biopharma Inc. (NASDAQ: AMAM), which encouraged early safety data from the breast cancer candidate. In patients with HER2-positive mBC who are resistant or refractory to T-DM1, the data showed a 51.7% overall response rate (ORR) and a 100% disease control rate (DCR) after therapy with ARX788. Patients received therapy for a median of 7.2 months, as treatment is still ongoing. In China, Amrbrx's partner NovoCodex Biopharmaceuticals is currently conducting two Phase 3 trials so one registration-enabled Phase 2 study with ARX788, with readouts expected in 2023. The last check Friday's premarket session saw AMAM shares up 180.6% to $1.15. How Simple Is It For Ambrx Biopharma To Raise Money? Many people may be thinking that Ambrx Biopharma has to raise more money in the future because its income is falling and its operating cash flow is rising. Companies have the option of raising capital through debt or equity. Publicly traded corporations benefit greatly from the ability to sell investors shares in order to raise capital and finance expansion. By comparing a company's cash burn to its market capitalization, we may determine how much investors would be affected if the business had to issue capital to pay for the cash burn for an additional year. Ambrx Biopharma seems to have a market value of $20 million and spent $7 million last year, or 350% of its market value. We believe there is a substantial risk of financial hardship given how big that expenditure is in comparison to the company's market value, and we would be extremely cautious about keeping the AMAM stock. What Are The Average Rating And Price Objective For Ambrx Biopharma? Based on the current 1 controlled transaction and 1 buy rating for AMAM, the consensus opinion for AMAM stock is Moderate Buy, according to the 2 analysts who have issued ratings in the past year. Ambrx Biopharma's average 12-month price objective is $4.00, with a premium price target of $4.00 and a low cost target of $4.00. According to two Wall Street experts who have predicted the price of AMAM for the next year, the average price target is $11.00, with the maximum prediction for the company being $16.00 and the lowest prediction being $6.00. By April 2023, according to the majority of Wall Street analysts, the share price of Ambrx Biopharma might be $11.00. Is AMAM A Successful Business? The cash burn for AMAM is $70163000. It has at least a year's worth of coverage in the form of cash and short-term investments. AMAM has cash and short-term investments of
$111.72 million. This is sufficient to fund its $70.16M yearly cash burn. AMAM has a small 0.28 debt to equity ratio. On the balance sheet of AMAM, short-term assets outnumber long-term liabilities. On the balance sheet of AMAM, short-term assets exceed short-term liabilities. Cons: Over the past year, AMAM's profit margin has decreased from 325.6% to 1.729.9%. According to our examination of Ambrx Biopharma's cash position, its cash runway was comforting, but the ratio of its cash burn to market value has us a little concerned. We have very little faith in the company's capacity to control its cash burn after taking all the data stated in this article into account, and we predict it will need additional money. The Basics Of Ambrx Biopharma The value of AMAM stock is 43, which is higher than the average for the Biotechnology sector. Currently, 3 out of 7 due diligence tasks are being passed by AMAM. AMAM's Financials rating is 0, which is the same as the industry average for the Biotechnology sector. AMAM stock is presently failing 0 of 7 checks for due diligence. The AMAM stock forecast score is 0, which is the same as the sector average for biotechnology. AMAM stock is presently failing 0 of 9 checks for due diligence. The Performance score for AMAM stock is 71, which is higher than the industry average for biotechnology. Five out of ten due diligence checks are passing for AMAM. We disregard this dimension because Ambrx Biopharma has little or no historical dividend history. Recommendations Most Recent From AMAM Analysts On May 24, 2022, a Goldman Sachs analyst decreases their price objective for AMAM stock from $6 to $4 while maintaining a hold rating. On April 7, 2022, Joel Beatty, a high 17% analyst from Baird, commences covering on AMAM with a buy recommendation and publishes their $16.00 price target. On February 28, 2022, Corinne Jenkins of Goldman Sachs, a top 48% analyst, announces the beginning of covering on AMAM with such a hold recommendation and a $6.00 price target. In 2022, Should I Buy Or Sell Ambrx Biopharma Stock? In the past year, Ambrx Biopharma has received "buy," "hold," and "sell" evaluations from 2 Wall Street research analysts. For the stock, there is presently 1 hold rating and 1 buy rating. Wall Street research experts generally agree that investors should "buy" AMAM stock. On Friday, June 18th 2021, (AMAM) raised $126 million through an initial public offering. At a price of $17.00–$19.00 per share, the corporation issued 7,000,000 shares. The underwriters for the initial public offering were Goldman Sachs, BofA Securities, and Cowen. The time it would take for a corporation to exhaust its cash on hand at its current cash burn rate is known as its cash runway. Ambrx Biopharma had 111 million dollars in cash and no debt as of June 2022. Looking back at the previous year, the business spent $70 million. So, starting in June 2022, AMAM stock forecast had a financial runway of about 19 months. This is not too bad, and unless cash burn substantially decreases, it is safe to assume the financial runway is coming to an end. Ambrx Biopharma Stock Forecast 2022 While it is not anticipated that AMAM stock forecast annual earnings rate of growth of N/A will surpass the statistically important earnings growth rate of 9.29% for the US biotechnology industry, neither is it anticipated to surpass the average AMAM stock forecast earnings rate of growth of 70.08% for the US market. The revenue for AMAM stock forecast in 2022 is -$90,558,000. One Wall Street analyst predicted that AMAM stock forecast earnings would be -$75,691,975 on average in 2022, with the highest AMAM earnings prediction being -$75,691,975 and the top AMAM stock forecast being -$75,691,975. The current Earnings Per Share (EPS) for Ambrx Biopharma is $6.72. Analysts expect AMAM stock forecast EPS to be -$0.28 on average for 2022, with the lowest and highest estimates both coming in at -$0.28. Ambrx Biopharma Stock Forecast
2023 AMAM stock forecast is anticipated to make -$67,582,121 in 2023, with the smallest earnings estimate being -$67,582,121 and the actual figure being -$67,582,121. By April 7, 2023, analysts on Wall Street believe the share price of Ambrx Biopharma might reach $11.00. From the present share price of $4.54 for AMAM, the average AMAM stock forecast predicts a possible increase of 142.29%. AMAM stock forecast EPS is anticipated to be negative $0.25 in 2023.
0 notes