News | March 10, 2015

Radiotherapeutics the Driving Force of Nuclear Medicine, Report Says

Transition from SPECT to PET, growth of oncology imaging expected to push market over next five years

radiotherapeutics, nuclear medicine, PET, SPECT, MEDraysintell

March 10, 2015 — The first annual financial results of Xofigo (radium-223 dichloride) from Bayer are in line with the MEDraysintell analysis showing that the growth of nuclear medicine in the future will come through therapeutic radiopharmaceuticals (radiotherapeutics). Revenue for Xofigo – a product used in the treatment of prostate and bone cancers – reached EUR 157 million (US$ 209 million) in 2014.

There is a persistent common belief that a key driver for future growth in the nuclear medicine market will come from positron emission tomography (PET), with, for instance, the major switch in cardiology from single photon emission computed tomography (SPECT) to PET. Recent published analyst reports continue to predict a bright future for cardiology in PET, forgetting that the leading molecule has been on hold since 2013 and that other companies involved in this domain struggle to find the financial means to complete phase III trials.

MEDraysintell suggests in its report, “Opportunities in Nuclear Medicine,” a different evolution for the nuclear medicine market, with the main driver coming from radiotherapeutics, while diagnostic radiopharmaceuticals will maintain an average limited growth. In cardiology, SPECT will continue to progress on the basis of 99mTc (despite the 99Mo shortage issue that will be solved within the next 5 years) and in PET there is only a real future for the 82Sr/82Rb generator. A real interest in PET in cardiology will arise from applications in cardiovascular diseases (atherosclerosis, vulnerable plaque). PET in neurology has proven to be of high interest, but the healthcare system cannot absorb additional costs at this stage, or at least not before associated therapies for neurodegenerative diseases are available. Oncology will remain the primary area of interest for PET imaging with the introduction of more than half a dozen new tracers on the market within the next 5 years.

For more information: www.medraysintell.com

Related Content

ASNC and ASE Team Up to Expand ImageGuide Registry
News | Cardiovascular Ultrasound | October 12, 2017
The American Society of Nuclear Cardiology (ASNC) and the American Society of Echocardiography (ASE) jointly announced...
MR Solutions Showcases Multimodality MRI Solutions on Two Continents
News | Magnetic Resonance Imaging (MRI) | October 11, 2017
October 11, 2017 — MR Solutions took their cryogen-free preclinical multimodality...
Majority of Recurrent Prostate Cancer Patients' Treatment Plan Changed Following Fluciclovine 18F PET/CT
News | Prostate Cancer | October 04, 2017
Blue Earth Diagnostics recently announced the results of a pre-planned interim analysis from an investigational...
News | Business | September 19, 2017
September 19, 2017 — Invicro LLC, a provider of imaging services and software for research and drug development, anno
ScImage and Invia Partnership Announced
News | PACS | September 19, 2017
ScImage Inc. and Invia Imaging Solutions recently announced formation of a joint partnership at the American Society of...
Toshiba Highlights Latest CT Advancements at RSNA 2017
News | Computed Tomography (CT) | September 18, 2017
Toshiba Medical announced that it will display several new enhancements to its existing computed tomography (CT)...
Philips Launches CardioMD IV Cardiac SPECT Solution at ASNC 2017
Technology | SPECT Imaging | September 15, 2017
September 15, 2017 — Philips highlighted its newest solution for...
Double Targeting Ligands to Identify and Treat Prostate Cancer

The mice were imaged with small-animal PET/CT using 124I-RPS-027 (7.4 MBq [200 μCi]). Credit: JM Kelly et al., Department of Radiology, Weill Cornell Medicine, New York, NY

News | Prostate Cancer | September 14, 2017
Researchers have demonstrated a new, effective way to precisely identify and localize prostate cancer tumors while...
Blue Earth Diagnostics Announcing Results of FALCON PET/CT Trial at ASTRO 2017
News | PET-CT | September 13, 2017
September 13, 2017 — Blue Earth Diagnostics announced the upcoming oral presentation of initial results from the FALC
FDG-PET/CT Predicts Melanoma Patients' Response to Immune Checkpoint Inhibitor Therapy
News | PET-CT | September 07, 2017
September 7, 2017 — Advanced melanoma has a poor prognosis, but immune checkpoint inhibitor therapy can be effective
Overlay Init