The exact cause of bone tumors is not known. They tend to occur in places of the bone, which grow very rapidly. Possible causes are: genetics passed down in families, malnutrition, and radiation therapy to cancer patients. In some cases the cancer cells become resistant to treatment, which leads to malignant melanoma. Treatment of melanoma usually involves either surgery to remove the growth or radiotherapy.
Cancer of the bone marrow is relatively rare but does happen. This condition occurs when a malignant melanoma grows in the bone marrow which can then spread to other parts of your body. Common symptoms include, shivering, shortness of breath, palpitations, fever, abdominal pain, nausea, vomiting, fatigue, frequent urination, nausea and weight loss. You should call your doctor immediately if you experience any of these symptoms. It is possible for the cancer to spread to other parts of your body.
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Market Dynamics
High prevalence of bone cancer is expected to propel growth of the bone cancer treatment market. For instance, according to The American Cancer Society’s estimates for cancer of the bones and joints for 2020, about 3,600 new cases will be diagnosed and about 1,720 deaths from these cancers are expected, in the U.S.
Approval and launch of new products is also expected to aid in growth of the bone cancer treatment market. For instance, in October 2020, Oncternal Therapeutics, a clinical-stage oncology company, received Rare Pediatric Disease designation from the U.S. FDA for its TK216, a targeted small-molecule inhibitor of the E26 transformation-specific family of oncoproteins including fusion proteins, for the treatment of Ewing sarcoma, an ultra-rare cancerous tumor that grows in the bones or soft tissue around bones. Similarly, in August 2020, Celgene International announced that the company’s Revlimid – or lenalidomide, a pill that doubles survival rates for people with myeloma, received approval for use in the European Union.
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Competitive Analysis
Major players operating in the bone cancer treatment market include, Amgen Inc., Actavis plc, Novartis International AG, Debiopharm Group, Oncternal Therapeutics, Pfizer, Inc., Celgene International, BeiGene, and Eli Lilly and Company.
Major players operating in the bone cancer treatment market are focused on approval and launch of new products to expand their product portfolio. For instance, in December 2020, BeiGene, a biopharmaceutical company, announced that its BLINCYTO (blinatumomab) for injection was approved in China for the treatment of adult patients with relapsed or refractory (R/R) B-cell precursor acute lymphoblastic leukemia (ALL) and bone marrow cancer.
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