In Brazil Market for Breast Cancer Drugs to Grow 40% in 4 Years

Cancer treatment The breast cancer drug market in Brazil will grow from US$ 424 million in 2009 to US$ 611 million in 2014, says Decision Resources, one of the world’s leading research and advisory firms focusing on pharmaceutical and healthcare issues.

Factors promoting the market’s growth include steady increases in the number of incident breast cancer cases, shifts toward higher-cost chemotherapy and hormonal regimens in the adjuvant setting and increases in the use of targeted therapies following novel product launches and label extensions.

“The value of the Brazilian breast cancer drug market in 2009 (US$ 424 million) rivals those in some major pharmaceutical markets like United Kingdom and Japan and greatly exceeds breast cancer drug sales in other emerging markets (China, India, Russia),” stated Decision Resources’ Therapeutic Area Director Kate Hohenberg.

“A well-established public healthcare system that pays the cost of drug therapy for eligible patients and a small but lucrative pool of privately insured patients support Brazil’s sizeable breast cancer drug  market.”

The new Emerging Markets report entitled Breast Cancer in Brazil also finds that given the drawbacks and limitations of current treatments and Brazilian physicians’ enthusiasm for novel approaches in hard-to-treat patient segments (e.g., triple-negative breast cancer), emerging breast cancer therapies will be well received in Brazil.

Two novel agents – Roche’s trastuzumab-DM1 and Sanofi-Aventis’s BSI-201 – are expected to launch in Brazil towards the end of 2014.

“By the end of our five-year forecast period (2009-2014), we expect two novel breast cancer agents to launch in Brazil – Roche’s trastuzumab-DM1 and Sanofi-Aventis’s BSI-201. These launches will be facilitated by the low regulatory hurdle (additional domestic clinical trials are not required) and physicians’ receptivity to new therapies for underserved segments of the breast cancer market,” added Ms. Hohenberg.

The new reports features extensive primary research of physicians and epidemiology study, with analysis of trends in major Brazilian cities – Rio de Janeiro, São Paulo, Brasília, Belo Horizonte, Curitiba and Salvador – and the country overall.

Tags:

You May Also Like

US$ 13 bi: The Low Price to End Brazil’s Poverty

With a little more than 2 percent of its revenue Brazil could put an ...

Something Is Wrong in the State of Brazil

Something is wrong. Something is wrong with a country when you wake up and ...

Brazil’s Debt Breaks the 1 Trillion Reais Barrier

Latin American stocks witnessed another collectively strong session, led by Brazil on optimism for ...

Despite Appearances Brazil Has Long Way to Go on Gay Partnership Road

Gay couples are rejoicing in California, where they have recently obtained the right to ...

Brazilian Airline Gol Zooms Up with 70% More Passengers

Brazil's airline company Gol in January increased the number of passengers it transported by ...

Brazilian Industry Grows 8.8% This Year

Industrial production in Brazil ended the month of August up 1.1%, compared with July. ...

Brazil Clogs and Sandals Tap Their Way Into the Arab World

Clogs and sandals made by Brazilian brand Bottero, from the southernmost Brazilian state of ...

Brazil Summons G20 Members for Meeting This Weekend in Washington

Brazil's finance Minister, Guido Mantega, at the request of Henry Paulson, the US Treasury ...

Police agents in Rio, Brazil, on favela shootout

All Is Peaceful in Rio, Brazil, After a 25-dead Bloody Tuesday

After a day that saw 25 people dead, most of them gang members according ...

Poor Industrial Output Hurts Brazil’s Market

Latin American markets were mixed to lower, with Brazilian shares slumping on disappointing industrial ...