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Frost & Sullivan: Novel Diagnostics Methods Driving the European Cancer IVD Market Towards Early Detection and Prevention
Date:2/24/2009

etect the mutated genes responsible for cancer," explains Ramachandran. "Sizeable funding for cancer disease research programmes is also fuelling the development of cancer diagnostic tests."

However, most cancer markers are not indicative of the progression of the disease or its incidence. Inspite of tremendous strides in knowledge, the details of the biochemical and bio-cellular nature of cancer are still poorly understood.

"The validation of new tests is mandatory and challenges market participants to obtain certain regulatory approvals," cautions Ramachandran. "Validation is a problem in multiplexing assays because the establishment of equivalency is difficult."

The future of the cancer IVD market lies in the efforts and initiatives taken by governments to encourage R&D into companion diagnostics and predictive assays. This will determine the future of the market.

At the same time, alliances with pharmaceutical companies will mutually benefit both diagnostics and pharmaceutical companies, while accelerating the development of innovative tests and targeted drugs.

If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants with an overview of the European cancer in vitro diagnostic (IVD) market, then send an e-mail to Katja Feick, Corporate Communications, at katja.feick@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by e-mail.

European Cancer IVD Market is part of the Drug Discovery & Clinical Diagnostics Growth Partnership Services programme, which also includes research in the following markets:
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SOURCE Frost & Sullivan
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