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The global anticancer drug market now values immunotherapies at over 45% of total cancer drug revenues, driven by platform-based precision therapies. The U.S. oncology market is projected to surge to $212 billion by 2034, with platform technologies accounting for 60% of total pharma pipeline value. Companies with validated platforms, such as GT Biopharma, Erasca, Foghorn Therapeutics, OmniAb, and Recursion Pharmaceuticals, are capturing premium valuations in the sector.

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