Companies such Thermo Fisher Scientific Inc. (U.S.) , F. Hoffmann-La Roche Ltd (Switzerland) , Merck KGaA (Germany), CASI Pharmaceuticals, Inc. (U.S.) and Spotlight Labs, LLC. (U.S.) are major players in hypoxia market.
In August 2023, Merck received FDA approval for WELIREG (belzutifan), a hypoxia-inducible factor-2 alpha (HIF-2α) inhibitor, for the treatment of certain tumors associated with Von Hippel-Lindau (VHL) disease. This approval highlights the therapeutic potential of targeting hypoxia-related pathways in cancer treatment, offering a new option for patients with this rare genetic condition
The countries covered in the hypoxia market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and rest of Middle East and Africa.
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