In 2007, US FDA approved only 18 drugs, down substantially
from 53 approved in 1996
• This lack of new drug approvals plus a glut of blockbuster
drugs coming off patents means major pharmaceutical
companies are in desperate need of new multi-billion dollar
block buster drugs
Sales of recent cancer drugs in 2007
• CSL / Merck
• Gardasil US $1.9Bn – Cervical Cancer Vaccine
• Genentech
• Herceptin US $1.4Bn – Breast Cancer
• Avastin US $2.1Bn – Colon Cancer
http://www.primabiomed.com.au/projects/prodDocuments/PRR%20ASX%20Investor%20Presentation%2021April%2009.pdf
partnering, page-5
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