Leading Myeloma Companies Redefining the Diagnostic And Treatment Vertical

Published Date : Dec 2023
Author : Shruti Gaikwad

Myeloma is a form of cancer that originates in plasma cells, which are a type of white blood cell. These plasma cells are found in the bone marrow, the spongy tissue inside bones. Normally, plasma cells produce antibodies (immunoglobulins) that help the body fight infections.

The prominent players operating here are-

Integra LifeSciences

The company was set up by Richard Caruso in 1989. Its headquarters are located in Princeton, New Jersey, United States. It develops and markets innovative solutions for surgery, regenerative medicine, and wound care.

Integra also provides diagnostic entities for the accurate detection of oncological ailments such as myeloma. Its contribution to this field is evolving as it is developing new products and is collaborating with various other industry leaders.

Cardinal Health Inc.

Headquartered in Dublin, Ohio, United States, the company was set up in 1971. Robert D. Walter is regarded as its founding father. It is known for developing and distributing a wide range of healthcare products aimed at the treatment and diagnosis of various health conditions.

Cardinal Health is prominently associated with myeloma diagnostics. It is involved in the development of equipment and tools supporting laboratory tests, imaging studies, and specialized procedures carried out by healthcare professionals for the detection of this malignancy.

Becton, Dickinson and Company (BD)

With its headquarters in Franklin Lakes, New Jersey, United States, the company was set up in 1897. Fairleigh S. Dickinson and Maxwell Becton are recognized as its founders. It is primely associated with the development and manufacturing of reagents, instrument systems, and medical devices.

With context to Myeloma diagnosis, BD offers laboratory instruments used in the analysis of blood and other samples. It also develops cell analysis technologies that can be utilized in the detection of myeloma.

Janssen Biotech

Hubert Schoemaker established the company in 1953. Its headquarters are situated in Horsham Township, Pennsylvania, United States. Janssen operates within the pharmaceutical sector, with a focus on developing innovative biopharmaceutical products.

It is actively involved in the development and production of medications for the treatment of multiple myeloma. It has developed a medication called                                         Darzalex (daratumumab), that targets CD38, a protein found on the surface of myeloma cells.

Takeda  Pharmaceutical Company

Chobei Takeda I established this company on June 12th, 1781. It has its headquarters in Tokyo, Japan. It is typically involved in the research, development, manufacturing, and marketing of pharmaceutical drugs.

In context to myeloma treatment, Takeda is credited for the development of a drug named Velcade (bortezomib). It is a proteasome inhibitor that interferes with the normal breakdown of proteins within cells, leading to the death of myeloma cells.

Final Words

Leading companies in the field of myeloma are significantly impacting both diagnostic and treatment verticals through their innovative approaches. Companies such as Becton, Dickinson, and Company (BD) play a vital role in providing diagnostic tools, laboratory instruments, and reagents that contribute to the accurate detection and monitoring of multiple myeloma. On the treatment front, pharmaceutical companies like Janssen Biotech and Takeda Pharmaceutical are making substantial strides. Janssen Biotech's development of Darzalex, a monoclonal antibody targeting CD38, showcases a commitment to advancing treatment options for myeloma patients. Takeda Pharmaceutical's contribution, exemplified by Velcade, a proteasome inhibitor, underscores the importance of diverse therapeutic approaches in addressing multiple myeloma.  As research and development persist, it is anticipated that these companies will play a crucial role in shaping the future landscape of myeloma care, offering hope and progress for patients and healthcare professionals a like.

Vishal SawantBusiness Development

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