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Biotech Advances in 2024: Innovative Treatments Aim to Boost Pancreatic Cancer Survival Rates

Newswire.ca - Mon Jun 3, 8:17AM CDT

USA News Group Commentary

Issued on behalf of Oncolytics Biotech Inc.

VANCOUVER, BC, June 3, 2024 /CNW/ -- USA News Group – Recognized as one of the most lethal cancers, researchers are striving to improve survival rates for pancreatic cancer patients by focusing on earlier detection. According to Johns Hopkins Medicine, up to 80% of patients are diagnosed at advanced stages, which are significantly harder to treat. A new study published in the journal Cell Genomics demonstrates that researchers have identified key protein biomarkers for early detection of pancreatic cancer. Analysts at Towards Healthcare project the pancreatic cancer market to grow at a rate of 13.7% CAGR, hitting US$7.4 billion by 2032. Meanwhile, biotech developers are fervently working on groundbreaking medical treatments to greatly improve patient health outcomes. Recent updates include developments from Oncolytics Biotech Inc. (NASDAQ: ONCY) (TSX: ONC), Verastem, Inc. (NASDAQ: VSTM), CytomX Therapeutics, Inc. (NASDAQ: CTMX), BioNTech SE (NASDAQ: BNTX), and FibroGen, Inc. (NASDAQ: FGEN).

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