Therapeutic Vaccines Market SWOT Analysis and Major Players Novartis AG, GlaxoSmithKline, Pfizer, Cytos Biotechnology AG, Argos Therapeutic, Merck & Co., Dendreon Corp, Bavarian Nordic

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).

Therapeutic Vaccines Market Taxonomy:

By Vaccines Type

Auto Immune Diseases Vaccines
Neurological Disease Vaccines
Cancer Vaccines
Infectious Diseases Vaccines
By Indication

Cancer
Breast Cancer
Prostate Cancer
Lung cancer
Melanoma
others

Access PDF Template Copy of this Report at:
https://www.coherentmarketinsights.com/insight/request-pdf/209

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.

Research and development activities by the major players to favor the therapeutic vaccines market in the near future:

The global therapeutic vaccines market is competitive and highly fragmented. Although, the major players in the market are developing novel products and spending significantly in research and development to give a competitive edge to their peers. For instance, due to the strong product pipeline under therapeutic vaccines segment Merck and GlaxoSmithKline are considered to be the toughest competitor in the market. 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, and Agenus, Inc.

Get Customized Report in your Inbox within 24 hours @
https://www.coherentmarketinsights.com/insight/request-customization/209

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:
Mr.Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:sales@coherentmarketinsights.com

This release was published on openPR.