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US Oncology Drugs Companies

ID: MRFR/Pharma/13148-HCR
128 Pages
Vikita Thakur
Last Updated: February 16, 2025
Oncology Drugs companies are at the forefront of cancer therapeutics. Specializing in the research, development, and manufacturing of anticancer medications, they contribute to the advancement of oncology treatments, offering hope to patients by targeting and combating various forms of cancer.
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US Oncology Drugs Market

Market Size

Forecast Period2025 - 2035
CAGR (2025 - 2035)14.2%
2024 Market Size$ 40.29 Billion
2025 Market Size$ 46.01 Billion
2035 Market Size$ 173.63 Billion

Key Players

Roche
Bristol Myers Squibb
Merck & Co
Novartis
Pfizer
AstraZeneca
Opportunities
  • Growing Cancer Incidence
  • Emerging Biotech Companies
  • Increased Healthcare Expenditure

Top Industry Leaders in the US Oncology Drugs Market

U.S. Oncology Drugs Key Companies

Latest U.S. Oncology Drugs Companies Update

Eli Lilly's Jaypircaยฎ (pirtobrutinib) receives FDA approval for the treatment of mantle cell lymphoma, offering a targeted therapy option with promising efficacy and improved tolerability.

BMS's Opdivoยฎ (nivolumab) with Yervoyยฎ (ipilimumab) combination secures FDA approval for the first-line treatment of non-small cell lung cancer (NSCLC) with high PD-L1 expression, extending options for early-stage patients.

Seagen's Tukysaยฎ (tucatinib) in combination with Xelodaยฎ (capecitabine) and Herceptinยฎ (trastuzumab) receives FDA Breakthrough Therapy Designation for HER2-positive metastatic colorectal cancer, potentially accelerating its pathway to market.

Pfizer acquires Global Blood Therapeutics for USD 5.4 billion, gaining access to GBT's portfolio of hemophilia and sickle cell disease treatments, strengthening its presence in rare disease therapeutics.

Merck & Co. enters into a definitive agreement to acquire Veloxis Pharmaceuticals for USD 2.75 billion, acquiring Veloxis's pipeline of oncology candidates, including VX-11e, a PARP inhibitor with potential for pancreatic cancer treatment.

AbbVie and Genmab expand their strategic partnership, focusing on the development and commercialization of bispecific T-cell engagers (BiTEs) for various cancer types, leveraging their combined expertise in antibody engineering and clinical development.

List ofย U.S. Oncology Drugsย Key companies in the market
  • GlaxoSmithKline PIc.

  • Novartis AG

  • Merck & Co. Inc.

  • Eli Lilly and Company

  • Amgen Inc.

  • Bayer

  • Celgene Corporation

  • Johnson & Johnson

  • Pfizer Inc.