Cancer Pharma industry

Cancer is one of the greatest health challenges, and a leading cause of death in every corner of the world. The global market for Cancer drugs is predicted to grow twice as fast as that of other pharmaceuticals over the next few years. Top companies include Janssen biotech, Takeda oncology, Boehringer ingelheim, Roche, Novartis, Celgene, Johnson & Johnson, and Amgen. The cancer industry is the most commonly valuable business in the USA. It has been noticed that, there are 1,665,540 new cancer cases diagnosed and 585,720 cancer deaths in the US in the year 2014. $6 billion of tax-payer funds are cycled through various federal agencies for cancer research mainly as the National Cancer Institute (NCI). The NCI states that the medical costs of cancer care are $125 billion, with the rise of 39 percent to $173 billion by the upcoming year that is 2020. The most common motto of the cancer industry is it employs too many people and produces too much income to allow a cure to be found.

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