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Therapeutic Vaccines Market

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Therapeutic Vaccines Market - Global Industry Insights
Therapeutic Vaccines
Market -
GLOBAL INDUSTRY INSIGHTS, TRENDS,
OUTLOOK, AND OPPORTUNITY ANALYSIS,
2016-2025
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Therapeutic Vaccines Market Overview :
Vaccine is a biological product that initiates stimulation to antibodies and helps provide immunity against infectious and
chronic diseases. There are various types of vaccines such as inactivated vaccines, subunit vaccines, recombinant
vector vaccines and DNA vaccines. Vaccines are mainly prophylactic in nature along with therapeutic effect. The wide
application of vaccines is expected to favor the therapeutic vaccines market. Therapeutic vaccine is a combination of
biologics that is designed to develop immunity against the abnormal cells in the body. Therapeutic vaccines can be
modified as per application and can be used to treat various disorders and disease such various types of cancer, HIV
infectious diseases, and Alzheimer’s disease. Therapeutic vaccines help treat a disorder by inducing or providing
strength to the immune response. However, the existence of a handful of established therapeutic vaccines and their
explored property has provided a resistance in the therapeutic vaccine market growth till now. Although, various
studies and demand for biologics has provided a significant shift of growth graph towards high value.
Therapeutic vaccines are particularly designed to treat patients who have tested HIV positive. HIV virus deteriorates
the immune system that results in weakening of its response towards the disease and abnormality causing agents
resulting in inability to fight with those agents. According to, U.S. Department of Health and Human Services, in 2010,
there were various vaccines under phase 3 clinical trials, such as gp100 melanoma vaccine, Lucanix
(Belagenpumatucel-L) (NovaRx Corp.) for NSCLC, GSK1572932A (GSK) for melanoma and NSCLC, and Stimuvax
(Emepepimut-S) (Merck KgaA/Oncothyreon).
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Rising demand for biologics and drugs for specific treatment is expected to favor growth of the therapeutic
vaccines market in the near future
The global therapeutic vaccines market is significantly affected by increasing prevalence of cancer, HIV infection,
cardiovascular diseases, and various chronic diseases. This exponential growth in prevalence of such diseases is
expected to increase the demand for biologic drugs for specific or targeted response, which is further projected to
support increase in growth of therapeutic vaccines industry in the near future. According to AVERT, a global
organization involved in providing information and education on HIV and AIDS to the general population, in 2016,
around 37 million people worldwide were infected by HIV and 40% were unaware about it. According to a report by
America’s Biopharmaceutical Research Companies, in 2013, around 300 vaccines were in development, with research
focused on prevention and treatment. These vaccines include treatment of various health issues and diseases such as
allergy, cancer, infectious disease, and neurological disorder. Furthermore, according to data from the U.S. Centers for
Disease Control and Prevention (CDC), therapeutic vaccines have led to the eradication of around 10 infectious
diseases by up to 90% in the U.S.
Major players in the therapeutics vaccines market are engaged in research and development process. For instance,
Dendreon Corporation – a biotechnology company engaged in development, discovery and commercialization of novel
therapeutic product – launched Provenge, the first FDA-approved immunotherapy drug for treating prostate cancer.
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Key players operating in the therapeutic vaccines market include:
●
Novartis AG
●
GlaxoSmithKline
●
Pfizer
●
Cytos Biotechnology AG
●
Argos Therapeutic Inc.
●
Merck & Co.
●
Dendreon Corp
●
Bavarian Nordic A/S
●
Agenus,
●
Inc.
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