Myriad Genetics, a renowned company specializing in genetic testing and precision medicine, announced a collaborative agreement with the University of Texas MD Anderson Cancer Center. This partnership aims to support research efforts focused on metastatic renal cell carcinoma (RCC) treatment selection and response.
To achieve this, Myriad will provide its minimal residual disease (MRD) testing platform, which utilizes a high-definition assay capable of detecting circulating tumor DNA (ctDNA).
According to BIS Research Expert Revti Bhaskar, “The escalating prevalence of various cancers globally, such as leukemia, lymphoma, and solid tumors, has contributed to the growing demand for MRD testing. Healthcare providers and researchers recognize the clinical utility of MRD assessment in monitoring treatment response, predicting relapse, and guiding therapeutic interventions.”
Moreover, BIS Research Report highlights that the global MRD testing market is projected to reach $6.67 billion by 2033 from $1.47 billion in 2022, growing at a CAGR of 14.81% during the forecast period 2023-2033.
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Metastatic renal cell carcinoma is a highly aggressive type of kidney cancer that often presents significant challenges in terms of treatment selection and response monitoring. Therefore, the development of non-invasive testing platforms such as Myriad's MRD assay has the potential to advance and improve the field of RCC research and clinical care. By leveraging the power of whole-genome sequencing and a comprehensive approach to MRD assessment, researchers hope to gain valuable insights into the disease's progression and ultimately enhance patient outcomes.
Moreover, as the field of MRD testing progresses and solidifies its significance in cancer management, it becomes imperative for market participants to emphasize innovation, standardization, and accessibility to fully leverage the promising prospects that await.
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