Pancreatic Cancer: Emerging Therapies and Market Insights for 2024

May 15, 2024 -


The battle against pancreatic cancer is intensifying as new therapies emerge, offering hope to patients and significant opportunities for investors.

In 2024 alone, the American Cancer Society estimates that about 51,750 people are anticipated to die from the disease. With an additional 66,440 people estimated to be diagnosed with pancreatic cancer in the United States this year, the need for innovative treatments has never been more urgent.

Recent developments in pancreatic cancer therapy are paving the way for improved survival rates and presenting lucrative prospects in the biotech sector.

Current Challenges

Pancreatic cancer is notoriously difficult to treat, often diagnosed at an advanced stage when the disease has already spread. The survival rate remains dismally low, with only about 13% of patients surviving five years or more post-diagnosis.

Traditional treatments, including surgery, chemotherapy, and radiation, are often hindered by the dense stromal tissue surrounding pancreatic tumors, making it challenging to achieve effective outcomes​.

K-Ras mutations are extremely common in pancreatic cancer, pertaining to roughly 90% of cases. Approximately half of these are G12D mutations, which differs from most other K-Ras mutations by a single amino acid substitution. Scientists are now optimizing a molecule to be durable enough to fight cancer in the human body. With the traction gained from this study, new therapies for pancreatic cancer could enter clinical trials in as little as two to three years.

Breakthroughs and Innovations

One of the most promising advancements in 2024 is the FDA approval of the NALIRIFOX regimen. This combination of liposomal irinotecan (Onivyde), fluorouracil (5-FU)/leucovorin, and oxaliplatin represents the first new first-line treatment for metastatic pancreatic cancer in over a decade.

Clinical trials have demonstrated that NALIRIFOX significantly improves overall survival rates, offering a median survival of 11.1 months compared to 9.2 months with the previous standard treatment of gemcitabine and nab-paclitaxel​ (Pancreatic Cancer Action Network)​​ (FDA)​.

Additionally, researchers at UC San Francisco have developed a drug candidate targeting the K-Ras G12D mutation, responsible for nearly half of all pancreatic cancer cases. This innovative therapy modifies the mutation, offering a potential cure for a cancer that has long been considered nearly untreatable. Early studies show promising results, with significant tumor reduction and extended survival in preclinical models​.

Another breakthrough involves a novel approach utilizing the molecule pIC, which activates the immune system to attack pancreatic cancer cells. This therapy has shown remarkable efficacy in animal models, extending life significantly when combined with gemcitabine. The approach not only fights existing cancer but also has potential preventative benefits, slowing tumor growth when administered before cancer development​.

Efforts from the Pancreatic Cancer Action Network (PanCAN)

In 2023, PanCAN made a historic investment in pancreatic cancer research, allocating over $34 million to various scientific and clinical initiatives, the largest single-year investment in its history. This funding supports nine research grants awarded through a rigorous peer-review process, including four Career Development Awards aimed at fostering new talent in the field.

Additionally, PanCAN introduced a Cancer Informatics & Data Science Research Fellowship leveraging their SPARK health data platform to accelerate research. This record-breaking investment, made possible by generous donations, underscores PanCAN's commitment to advancing innovative therapies and improving early detection methods, bringing new hope to patients and their families.

One inspiring example of the impact of such initiatives is a pancreatic cancer survivor who, diagnosed with a rare and aggressive form of the disease, turned to precision medicine and clinical trials for treatment.

Initially undergoing surgery and chemotherapy with little success, he switched to FOLFIRINOX, which began shrinking his tumors. Genetic testing revealed a BRCA2 mutation, leading him to explore clinical trials for PARP inhibitors with the help of PanCAN Patient Services. His participation in a groundbreaking trial resulted in a complete response, illustrating the life-changing potential of innovative therapies and the crucial role of clinical trials in advancing pancreatic cancer treatment. His advocacy work continues to support PanCAN's mission, pushing for increased research funding and greater access to cutting-edge treatments.

Market Implications

The pancreatic cancer treatment market is poised for substantial growth. With an increasing incidence rate and urgent need for effective therapies, Research Nestor is projecting the market size to expand from $6 billion in 2023 to $36 billion by 2036, reflecting a compound annual growth rate (CAGR) of approximately 18%. This growth is driven by ongoing advancements in treatment options and a deeper understanding of the disease's molecular underpinnings​​.

For retail investors, the surge in innovative therapies offers significant investment opportunities. The biotech sector's focus on pancreatic cancer is generating a robust pipeline of new drugs and treatment modalities, with the potential for high returns. Staying informed about FDA approvals and the latest research developments can provide critical insights for making strategic investment decisions​​.