Next generation antibody therapy refers to improved antibody therapies with greater efficacy, safety and administration. Advances in monoclonal antibody technologies have led to the development of new generation therapeutic antibodies with reduced functional size, improved bifunctional properties and low immunogenicity. The new generation antibody-based therapy enhances the existing properties of therapeutic antibodies for the treatment of various medical conditions such as cancer, infectious diseases and autoimmune diseases.
The growth for Asia-Pacific Next Generation Antibody Therapeutics Market is driven due to factors like increasing prevalence of chronic diseases such as cancer, and other diseases, rising healthcare expenditure, and increasing investments for R&D activities. In addition, advancement of technology in medical sector, introduction of novel discoveries and therapeutic applications of next-generation antibodies, and increasing number of collaborations between companies are expected to drive the market growth. However, high cost, stringent government policies are the restraining factors which is expected to hinder the growth rate for Asia Pacific Next Generation Antibody Therapeutics Market during the forecast period.
Based on geography the Asia-Pacific Next Generation Antibody Therapeutics Market has been primarily divided into China, India, South Korea, Japan and Australia. Asia-Pacific is fast growing region which is expected to witness high growth rate for Next Generation Antibody Therapeutics Market during the forecast period.
Leading companies for Asia-Pacific Next Generation Antibody Therapeutics Market are Roche, Seattle Genetics, Takeda, Dyax Corp., and Immunogen. Other players in the market include Amgen, Inc., Biogen, Kyowa Hakko Kirin Co., Ltd., AstraZeneca, Pfizer, Inc., and Xencor, Inc.
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