The global bile duct cancer market is anticipated to expand as a result of the rising incidence of bile duct cancer. In Thailand, particularly in the north-east, cholangiocarcinoma is one of the most prevalent cancers, according to statistics from World Cholangiocarcinoma Day in 2016. The highest age-standardized incidence rate is found in Khon Kaen, Thailand, where males are affected at a rate of 84 per 100,000 and females at a rate of 36 per 100,000. Furthermore, 8,000 Americans were diagnosed with bile duct cancer in 2019, according to the American Society of Clinical Oncology (ASCO) report.
The global Bile Duct Cancer Market is estimated to be valued at US$ 185.4 million in 2021 and is expected to exhibit a CAGR of 12.8% over the forecast period (2021-2028).
Prominent Players in the Bile Duct Cancer industry:
1. Incyte Corporation
Incyte Corporation, a biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutics for hematology/oncology, and inflammation and autoimmunity areas. The company was incorporated in 1991 and is headquartered in Wilmington, Delaware. In November, 2022 Incyte and Mirati Therapeutics, Inc. A clinical-stage targeted oncology company, announced a clinical trial collaboration and supply agreement to investigate the combination of INCB99280, Incyte’s small molecule PD-L1 inhibitor, and adagrasib, a KRASG12C selective inhibitor.
2. Eisai Co., Ltd.
Eisai Co., Ltd. offers pharmaceutical products in Japan. It offers Aricept for the treatment of alzheimer's disease/dementia. Eisai Co., Ltd. was incorporated in 1941 and is headquartered in Tokyo, Japan. In December, 2022 Yasuda Logistics Corporation and Eisai Co., Ltd. announced that they have entered into a share purchase agreement concerning the transfer of all shares of Eisai’s wholly-owned subsidiary Eisai Distribution Co., Ltd. to Yasuda Logistics.
