As of September 2014, there is no known cure for multiple myeloma, according to Mayo Clinic. However, there are a number of treatments that can be used to stabilize the condition and slow its progress. These include targeted drug therapy, chemotherapy, corticosteroids, stem cell transplantation and radiation therapy.
Targeted drug treatments are intravenously administered and concentrate on eliminating myeloma cells by blocking their natural function.
Corticosteroids may be intravenously or orally administered, according to Mayo Clinic. The aim of this treatment is to control inflammation.
Stem cell transplantation involves chemotherapy to eliminate diseased bone marrow, followed by the introduction of healthy bone marrow cells to replace it.