Monday, September 20, 2021 7:47:11 AM
[Edit] Compare the global market size of CF to cancer...
---> The global cystic fibrosis therapeutics market size was valued at $5.1B in 2018 and is expected to reach $31.9B by 2027
---> The global oncology drugs market size was valued at $141B in 2019 & is projected to reach $394B by 2027
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Therefore it stands to reason the pipeline of pre-clinical candidates that treat cancer would be valued at an exponential to candidates that treat CF. (see Kite Pharma's ~$12B acquisition.)
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The key here is big pharma is in a race to build out their clinical pipelines with next-class mRNA treatments.
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