Summary
Objective
The primary objectives for the Bispecific Antibodies market include advancing technological innovation to enhance the efficacy and specificity of therapies, expanding market presence through strategic partnerships and collaborations, and optimizing production processes to reduce costs and improve scalability.
Scope
The scope of the Bispecific Antibodies market includes diverse range of activities focused on advancing therapeutic technologies and expanding market reach. Key players are heavily invested in research and development to create innovative bispecific antibody platforms that offer enhanced efficacy and targeted treatment options for complex diseases, such as cancer and autoimmune disorders. Companies are also engaged in strategic collaborations and partnerships with biopharmaceutical firms and research institutions to leverage complementary expertise and accelerate product development.
Summary
The Global Bispecific Antibodies Market size was valued at USD 0.58 billion in 2023 and expected to reach USD 0.95 billion by 2030, at CAGR of 7.39%.
The competitive landscape of the bispecific antibodies market is highlighted by intense activity from leading biopharmaceutical companies and emerging biotech firms. Major players are investing heavily in research and development to advance their bispecific antibody platforms. Companies such as F. Hoffmann-La Rocha Ltd., GenScript Inc., Sino Biological LLC, Creative-Biologics Inc., Bristol-Myer Squibb Co. Inc., Biotogenics Ltd., Biocytec Enzymes, Inc., Pfizer, Inc., and Novartis AG are prominent players in the bispecific antibody market.
Regeneron Pharmaceuticals Inc.: Regeneron Pharmaceuticals Inc. is a leading biopharmaceutical company that focus on innovative therapies and advance research. The company’s work strategies focus on developing advance technologies such as its exclusive Velocisuite platforms for antibody development and genetic research tools. Regeneron’s innovation strategy highlights a robust pipeline driven by its in-house capabilities and collaborations. For instance, its bispecific antibody named EYLEA (aflibercept) is used for treating the eye diseases while REGEN-COV (casirivimab and imdevimab) was notable for its role in COVID-19 treatment. The Company also Pursues strategic partnerships and acquisitions to boost its research capabilities and expand its therapeutic services.
Amgen Inc.: The Amgen Inc. is a pioneer in the science of using living cells to make biologic medicines. The company focus on leveraging a highly skilled workforce to develop innovative biopharmaceuticals. Their work strategies include development a culture of collaboration and continuous learning, ensuring that their teams are equipped with advanced tools and technologies. The company heavily invest on research and development to enhance productivity. Amgen also invests in sophisticated biomanufacturing technologies and automation to streamline production processes and ensure high-quality, scalable manufacturing of biologics. They also invest in employee development through training programs and career advancement opportunities to maintain a competitive edge in the industry.
• In August 2024, Regeneron announced positive results from a Phase 1/2 trial of REGN7075, a costimulatory bispecific antibody that targets EGFR and CD28. The trial combined REGN7075 with Libtayo in patients with advanced solid tumors. The results showed that the combination led to anti-tumor responses in some patients with microsatellite stable colorectal cancer.
• In 2023, Amgen has announced the results of its global Phase 2 DeLLphi-301 study, evaluating tarlatamab, an investigational delta-like ligand 3 targeting BiTE® molecule, in patients with advanced stage small cell lung cancer who have failed multiple treatment lines.
Table of Content
1. Bispecific Antibodies Market Competition Matrix
a. Market Structure
• Market Leaders
• Market Followers
• Emerging Players
2. Competitive Benchmarking of key players
3. Mergers and Acquisition in Bispecific Antibodies from 2014 to 2024
4. Bispecific Antibodies Manufacturing Company Profile: Key Players
1. F. Hoffmann-La Rocha Ltd.
2. GenScript Inc.
3. Sino Biological LLC
4. Creative-Biologics Inc.
5. Bristol-Myer Squibb Co. Inc.
6. Biotogenics Ltd.
7. Biocytec Enzymes, Inc.
8. Pfizer, Inc.
9. Novartis AG
10. Johnson & Johnson
11. Protogenix Inc.
12. GSK plc.
13. Sanofi
14. Regeneron Pharmaceuticals Inc.
15. Pfizer Inc.
16. Johnson & Johnson Services Inc.
17. Novartis AG
18. CELGENE CORPORATION[VG1]
19. Amgen Inc.
20. Roche Holding AG
21. Genentech
22. Akeso, Inc.
23. Janssen
24. Taisho Pharmaceutical