Description
This Kalorama Information report, Companion Diagnostics Markets (A Realistic Assessment of the Opportunities, Challenges, Key Players and Important Trends in Personalized Medicine) is truly a real-world guide to the potential market for companion diagnostics.
Essentially the co-development of testing products to enhance the value and efficacy of a therapeutic, companion diagnostics is widely seen as an important growth strategy in both the diagnostic and pharmaceutical industries. It is envisioned as a pathway to personalized medicine, where the right therapeutic is selected for the right patient. Personalized medicine is one of the key trends in healthcare, and it’s no surprise that there is great enthusiasm in many quarters of the in vitro industry, pharmaceutical companies and the investment community about companion diagnostics. But will the concept work in the fashion that the industry is envisioning? Who will succeed and with what strategy? How much can companies expect to earn in this field? What strategies should companies adopt to thrive in this market?
In this report, Kalorama Information analyst Kenneth Krul, PhD. brings a real-world view to the concept of companion diagnostics and the likely scenario given market conditions. He addresses the myriad challenges that diagnostic and pharmaceutical companies will face in this endeavor. He outlines strategies that will be more successful. His analysis includes:
• A Complete Explanation of Companion Diagnostics
• Realistic Market Forecasts for the Companion Diagnostics to 2018
• A Glossary of Terms Used in this Industry
• Review of Collaborations Between Pharma and Diagnostic Companies
• Possible Pitfalls the Companion Diagnostic Concept will Face.
• Companies Best Poised to Profit From This Market
• 10 Strategic Conclusions about the Market and Implications for Marketers
• The Key Therapeutic Areas Where Companion Diagnostics Could Succeed.
• The Best Approaches for Companion Diagnostics Marketing
As with all Kalorama Information reports, this report is the result of analysis from a professional in the industry combined with thorough research and interviews with experts. Our interview-based methodology uncovers insight about market not possible from reports based on culled information.
The following companies and their efforts in companion diagnostics are profiled in this report:
• Abbott Diagnostics
• Affymetrix, Inc
• Agilent Technologies, Inc
• Althea Technologies, Inc
• Curidium Medica plc
• Dako
• Gen Probe
• Genzyme Corporation
• Ipsogen SAS
• Lipomics Technologies, Inc.
• Osmetech plc
• Perlegen Sciences
• Provista Life Sciences
• Qiagen NV
• Singulex, Inc.
• Theranostics Health
• Ventana Medical Systems
Table of Contents
TABLE OF CONTENTS
CHAPTER ONE: EXECUTIVE SUMMARY
- Potential Benefits of Companion Diagnostics
- Pitfalls of Personalized Medicine
- Market Factors and Estimates
- Drivers For Companion Diagnostics
- Possible Tactic: Royalty Model
CHAPTER TWO: OVERVIEW OF COMPANION DIAGNOSTICS
- Privacy and Public Perception
- Biomarkers and Companion Diagnostics
CHAPTER THREE: APPLICATIONS OF COMPANION DIAGNOSTICS
- Pharmacogenetics and Pharmacogenomics
- UAMS Multiple Myeloma Project
- Acute Lymphoblastic Leukemia
- Applications of Genome More Challenging Than Expected
- RAS polymorphisms With Drug Effectiveness
- Psychiatry and Pharmacogenetics/Pharmacogenomics
- A Balancing Act Between the Players
CHAPTER FOUR: MAJOR WORLD MARKET FACTORS AND DATA FOR COMPANION DIAGNOSTICS
- Estimating Market Potential
- The Needs of Pharma and of Diagnostic Companies
- Questions Determining Companion Diagnostics Growth
- A Partial Change in Attitude
- Cancer Market Potential Estimate
- Ideal Market Potential – Cancer, Heart Disease, Psychiatric
- Source: Kalorama Information
- Challenges Unique to Companion Diagnostics
- Fear of Learning About Diseases
- Avoiding Pitfalls of Market Calculation
- Companion Diagnostics Not Linked to Molecular Diagnostics
- Considering Time of Cooperative Development
- Market Realities to Consider
- Possible Tactic: Royalty Model
CHAPTER FIVE: COMPANY SUMMARIES
- Abbott (Molecular) Diagnostics Subsidiary of Abbott Laboratories
- Agilent Technologies, Inc
- Althea Technologies, Inc.
- Lipomics Technologies, Inc.
CHAPTER SIX: CONCLUSIONS AND STATEGIC IMPLICATIONS
- Implications: Seventh Conclusion Implications:
APPENDIX: GLOSSARY OF TERMS AND ABBREVIATIONS
TABLE OF EXHIBITS
CHAPTER ONE: EXECUTIVE SUMMARY
- Table 1-1: Market Projections for Companion Diagnostics* in the United States: 2008 – 2018
- Figure 1-1: Market Projection Trends for Companion Diagnostics in the United States: 2008 – 2018
CHAPTER THREE: APPLICATIONS OF COMPANION DIAGNOSTICS
- Table 3-1 Companion Diagnostics Groups
- Table 3-3: Frequency of Recessive Traits
- Table 3-4: Existing Cancer Drugs Complimentary to Companion Diagnostics
- Table 3-5: Recent Activities in Companion Diagnostics
CHAPTER FOUR: MAJOR WORLD MARKET FACTORS AND DATA FOR COMPANION DIAGNOSTICS
- Table 4-1: The Ideal Potential Companion Diagnostics Markets for Cancer Therapeutics: 2008
- Figure 4-1: The Ideal Potential Companion Diagnostics Markets for Cancer Therapeutics: 2008
- Table 4-2: The Ideal Potential Companion Diagnostics Markets for Therapeutics Addressing the Top Four, High-Profile Cancers: 2008
- Figure 4-2: The Ideal Potential Companion Diagnostics Markets for Therapeutics Addressing the Top Four, High-Profile Cancers: 2008
- Figure 4-3: The Ideal Companion Diagnostics Market (Ideal vs. Likely to Benefit)
- Figure 4-4 Subset of Ideal Market Likely to Benefit From Pharmaceutical Intervention (Likely to Benfit vs. Realistic Market)
- Table 4-3: Market Projections for Companion Diagnostics* in the United States: 2008 – 2018
- Figure 4-1: Market Projection Trends for Companion Diagnostics* in the United States: 2008 – 2018
CHAPTER SIX: CONCLUSIONS AND STATEGIC IMPLICATIONS
- Table 6-1: Hypothetical Cancer Therapy Outcome Based on Associated Genes
