Ono Pharma shares jump with a Nobel-winning cancer breakthrough

Cancer immunotherapy forecast to become $44bn cash cow in 2025

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A doctor in Tokyo explains to a patient how the immunotherapy drug Opdivo works. (Photo by Ken Kobayashi)

Nikkei staff writers

TOKYO -- The discoveries by newly anointed Nobel laureates Tasuku Honjo of Japan and James Allison of the U.S. have opened up a market for revolutionary cancer treatments that is expected to quintuple to 5 trillion yen ($43.8 billion) by 2025.

The work by the two immunologists, who share the Nobel Prize in physiology or medicine, created the foundation upon which the blockbuster immunotherapy drug Opdivo was developed.

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