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Last Updated: December 23, 2024

Nofetumomab - Biologic Drug Details


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Summary for nofetumomab
Tradenames:1
High Confidence Patents:0
Applicants:1
BLAs:1
Note on Biologic Patents

Matching patents to biologic drugs is far more complicated than for small-molecule drugs.

DrugPatentWatch employs three methods to identify biologic patents:

  1. Brand-side disclosures in response to biosimilar applications
  2. These patents were identified from disclosures by the brand-side company, in response to a potential biosimilar seeking to launch. They have a high certainty of blocking biosimilar entry. The expiration dates listed are not estimates — they're expiration dates as indicated by the brand-side company.

  3. General brand-side disclosures
  4. These patents were identified from searching drug labels and other general disclosures from the brand-side company. This list may exclude some of the patents which block biosimilar launch, and some of these patents listed may not actually block biosimilar launch. The expiration dates listed for these patents are estimates, based on the grant date of the patent.

  5. Patents from broad patent text search
  6. For completeness, these patents were identified by searching the patent literature for mentions of the branded or ingredient name of the drug. Some of these patents protect the original drug, whereas others may protect follow-on inventions or even inventions casually mentioning the drug. The expiration dates listed for these patents are estimates, based on the grant date of the patent.

1) High Certainty: US Patents for nofetumomab Derived from Brand-Side Litigation

No patents found based on brand-side litigation

2) High Certainty: US Patents for nofetumomab Derived from Company Disclosures

No patents found based on company disclosures

3) Low Certainty: US Patents for nofetumomab Derived from Patent Text Search

No patents found based on company disclosures

Nofetumomab Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for Nofetumomab

Introduction

Nofetumomab, a radiolabeled monoclonal antibody, is a biologic drug that has been explored for its potential in cancer therapy and diagnostic imaging. To understand its market dynamics and financial trajectory, it is essential to delve into various aspects including its development, clinical applications, market trends, and financial drivers.

Clinical Applications and Development

Nofetumomab merpentan is primarily used in the context of cancer treatment and diagnosis. It is a murine monoclonal antibody that targets the CD20 antigen, which is often expressed on the surface of B cells, making it relevant for treating B-cell lymphomas and other related cancers[4].

Diagnostic Imaging

In addition to its therapeutic potential, nofetumomab has been used in immuno-positron emission tomography (immunoPET) for diagnosing and staging cancer. This application leverages the antibody's ability to specifically target cancer cells, allowing for precise imaging of tumors and metastases[5].

Market Trends

Global Biological Drugs Market

The global biological drugs market, which includes monoclonal antibodies like nofetumomab, is experiencing robust growth. This market was valued at USD 296.2 billion in 2023 and is projected to grow to USD 326.12 billion by 2030, with a compound annual growth rate (CAGR) of 10.1% during the forecast period. The oncology segment, where nofetumomab is primarily applied, dominates this market due to the increasing demand for targeted therapies and immunotherapies[3].

Regional Insights

North America and Europe hold significant market shares in the biological drugs market, driven by well-developed pharmaceutical industries, advanced healthcare facilities, and favorable regulatory frameworks. The Asia-Pacific region is also exhibiting rapid growth, which could potentially impact the market dynamics of nofetumomab as more countries invest in biotechnology and healthcare infrastructure[3].

Financial Drivers

Funding and Investments

The development and commercialization of biologic drugs like nofetumomab are heavily dependent on funding. Public-private partnerships (PPP) play a crucial role in supporting oncology research and development. For instance, the Inflation Reduction Act in the US provides 13-year patent protection for new biologics, incentivizing further investment in this sector. Between 2018 and 2023, biologic drug developers in the US received significantly more venture funding than their small molecule counterparts[2][3].

Regulatory Approvals and Policies

Regulatory approvals are a critical financial driver for biologic drugs. The US FDA approved 43 new biologics in 2022, many of which were for oncology applications. Streamlined regulatory frameworks in regions like North America facilitate faster market entry for new drugs, which can positively impact the financial trajectory of nofetumomab[3].

Competitive Landscape

Key Players and Collaborations

The biological drugs market is highly competitive, with major players like Roche, Novartis, and Amgen driving innovation. Strategic collaborations and acquisitions, such as Pfizer's acquisition of Biohaven, indicate the dynamic nature of the market. For nofetumomab to remain competitive, it would need to be part of such strategic initiatives or demonstrate unique value propositions in clinical trials and real-world applications[3].

Challenges and Opportunities

Development Costs and Barriers

The development of biologic drugs is costly and fraught with scientific and economic barriers. Despite these challenges, the oncology development market has doubled over the past five years, indicating a strong demand for innovative treatments. Nofetumomab's success will depend on navigating these barriers effectively and securing adequate funding and support[2].

Personalized Medicine and Targeted Therapies

The trend towards personalized medicine and targeted therapies presents significant opportunities for nofetumomab. As the market shifts towards more precise and effective treatments, biologic drugs that can offer specific targeting and high efficacy will be in high demand. Nofetumomab's ability to target CD20 antigens and its use in immunoPET imaging position it well in this evolving landscape[3].

Future Outlook

Technological Advancements

Technological advancements in genetic engineering, biotechnology, and diagnostic imaging will continue to shape the market for nofetumomab. Innovations in conjugation techniques, such as those used in antibody-drug conjugates (ADCs), could enhance the therapeutic efficacy of nofetumomab[1].

Healthcare Infrastructure

The development of healthcare infrastructure, particularly in emerging markets, will be crucial for the widespread adoption of biologic drugs like nofetumomab. As more countries invest in advanced healthcare facilities and biotechnology research, the market potential for these drugs is expected to expand[3].

Key Takeaways

  • Growing Market: The global biological drugs market is growing rapidly, driven by the oncology segment.
  • Regional Growth: North America and Europe are dominant, but the Asia-Pacific region is showing rapid growth.
  • Funding and Investments: Public-private partnerships and favorable regulatory policies are key financial drivers.
  • Competitive Landscape: Strategic collaborations and unique value propositions are essential for competitiveness.
  • Challenges and Opportunities: High development costs and barriers, but strong demand for personalized and targeted therapies.

FAQs

Q: What is nofetumomab used for? A: Nofetumomab is used primarily for treating B-cell lymphomas and other related cancers, as well as in diagnostic imaging through immunoPET.

Q: How does the global biological drugs market impact nofetumomab? A: The growing demand for biological drugs, particularly in the oncology segment, drives the market potential for nofetumomab.

Q: What are the key financial drivers for nofetumomab? A: Funding through public-private partnerships, regulatory approvals, and favorable policies such as the Inflation Reduction Act are critical financial drivers.

Q: How does the competitive landscape affect nofetumomab? A: The competitive landscape requires nofetumomab to be part of strategic collaborations or to demonstrate unique value propositions to remain competitive.

Q: What are the future outlook and opportunities for nofetumomab? A: Technological advancements, growing healthcare infrastructure, and the trend towards personalized medicine present significant opportunities for nofetumomab.

Sources

  1. Antibody Drug Conjugates for Cancer Therapy - MDPI
  2. The Role of Funding and Policies on Innovation in Cancer Drug Development - LSE
  3. Biological Drugs Market: Global Industry Analysis - Maximize Market Research
  4. Nofetumomab Merpentan Market Report - Data Intelo
  5. Advances in Immuno–Positron Emission Tomography: Antibodies - PMC.ncbi.nlm.nih.gov

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