Plant-based Vaccines Market Gobal Industry Size, Share, Analysis, and Forecast 2018-2026embed
Higher efficiency of plant-based vaccines over conventional vaccines and R&D activities and clinical trials for the development plant-based are some of the factors expected to boost growth of the market.
Plant-based Vaccines Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2018-2026 REPORT DESCRIPTION Plant-based Vaccines Market – Overview Plant serves as an important source to produce cost-effective vaccine derivatives. Plant-based production of vaccine helps to reduce economic burden of infectious disease in emerging economies, owing to its large-scale production and cost-efficiency. Various clinical trials are focused on development of plant-based vaccines in therapeutic indications such as influenza, dengue, flu, and Ebola virus, which can be administered orally. Oral administration of these vaccines reduces the need of needles and syringes, which requires trained immunization staff and also reduces risk of Hospital Acquired Infections (HAIs). For instance, Medicago Inc., a clinical-stage biotechnology company, which uses plant-based technologies to develop and produce novel vaccine and antibodies, is cultivating several tobacco plants (Nicotiana tabacum) at Durham's Research Triangle Park, North America, which will be used in testing and production of the flu vaccine. In March 2018, Medicago conducted phase III clinical trials to develop flu vaccine, which is expected to be launched in the market by 2020-21 influenza season. Furthermore, researchers require five to six weeks for production of plant-based vaccine, as compared to five to six month period to prepare the vaccine in chicken eggs, which is currently practiced by vaccine manufacturers. REPORT DESCRIPTION Plant-based Vaccines Market Taxonomy: Global Plant-based Vaccines Market, By Vaccine Type: Bacterial Vaccines Viral Vaccines Parasite Vaccines Others Vaccines Global Plant-based Vaccines Market, By Source: Tobacco Plant Maize Potato Others Sources Get Request a Sample Copy @ https://www.coherentmarketinsights.com/insight/request-sample/2004 REPORT DESCRIPTION Plant-based Vaccines Market – Key Players Medicago iBio Icon Genetics- GmbH Furthermore, key players in North America are focused on conducting clinical trials to develop plant-based vaccines for the treatment of seasonal influenza virus infection, which is further expected to drive demand for plant-based vaccines in this region. For instance, Medicago, Inc. is currently conducting phase III clinical trials to develop tobacco-based seasonal influenza vaccine, which is expected to be launched in 2019-2020. 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