Cancer treatments, a Tour d’Horizon 2023 ...and the increasing role of AI
Andreas Amrein ? PhD MBA MSc
Global SVP and MD ★ Pharma / Biotech / MedTech ★ Expansions ★ Transformations ★ Acquisitions ★ Partnerships
Cancer prevalence, costs
The lifetime risk of developing cancer is approximately 40% and the risk of dying from cancer is around 20% (based on the National Cancer Institute’s Surveillance Epidemiology and End Results (SEER) database in the US). Financially, cancer care poses a significant burden, e.g. in the US alone the estimated national cost was exceeding USD 210 billion in 2020, or about USD 630’000 per capita. This encompasses medical services and drugs related to cancer care. The trend is increasing with the aging and the growth of the population. These costs, however, are not uniform. They vary by cancer type, treatment patterns, and phases of care, with the highest expenditures typically seen in the last year of life and the initial phase after diagnosis.
…and the investments
On a global scale, the pharmaceutical industry's investment in cancer research is around USD 200 billion per year, showcasing the dedication to conquering one of the leading causes of death worldwide. This commitment is mirrored in the progress marked by significant drug approvals. In 2022, the U.S. Food and Drug Administration (FDA) granted approval to 40 oncology drugs, including 12 novel, first-in-human molecules. A highlight of the year was a groundbreaking immunotherapy clinical trial for locally advanced rectal cancer, which resulted in a complete clinical response in patients with a specific DNA repair defect, eliminating the need for conventional chemoradiotherapy or surgery.
Which highlights are we witnessing
Recent research highlights in cancer include novel discoveries and methodologies, for example:
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?…and the role of AI
Looking forward, the outlook for cancer research in the next few years is optimistic. The ongoing advancements in AI and machine learning are expected to play a significant role by offering advanced tools for diagnosis, treatment planning, drug discovery, and personalized medicine. A brief summary:
Overall, AI enhances the efficiency, accuracy, and personalization of cancer research and treatment, promising improved outcomes and a paradigm shift in oncology care.
Moreover, the increasing focus on precision medicine and personalized treatments is likely to yield more effective and less invasive cancer therapies. The integration of new technologies and approaches, coupled with a deeper understanding of cancer biology, holds great promise for further reducing cancer mortality and improving patient outcomes.
We...
at Advanced Clinical are honored and proud to contribute with our whole organization to this stream of scientific innovation and development, on the mission to moving us closer to a future where cancer may no longer be a dominant health concern.