Press release
Impact Analysis of Covid-19 On Shingles Vaccine Market Rapidly Develop| Allergy Therapeutics, Zicam, Aravax
Different business strategies such as research and development, in order to develop effective vaccine for peanut allergy. For instance, in February 2019, Aravax, an Australia-based biotechnology company, presented positive Phase I data for clinical trial, evaluating safety and tolerability of a novel vaccine ‘PVX108’ at 2019 American Academy of Allergy, Asthma & Immunology (AAAAI). This is an intradermal peanut allergy immunotherapy vaccine.Major market players are involved in different business strategies such as gaining approval from regulatory authorities, in order to develop effective vaccine for peanut allergy. For instance, in March 2019, Aimmue Therapeutics, Inc., a biopharmaceutical company, received Biologics License Application (BLA) for AR101 from the U.S. Food and Drug Administration (FDA) for review. AR101 is indicated for peanut allergy.
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Major market players are involved in different business strategies such as partnership and collaboration, in order to develop effective vaccine for peanut allergy. For instance, Sementis, an Australia-based biotechnology company, collaborated with Ensi Pharama, a U.K.-based company, development and evaluation of peanut allergy vaccine.
Globally, incidence of peanut allergy is increasing supported by rising birth rate. The risk of peanut allergy is more prevalent in countries such as the U.K., Australia, and the U.S. According to American Academy of Allergy Asthma & Immunology, 30.4% of the children with food allergies suffered from multiple allergy attacks. Peanut allergy is such an epidemic condition in the U.S. that the federal Food Allergen Labeling and Consumer Protection Act (FALCPA) mandated that all packaged food sold in the U.S. that include peanuts as an ingredient have to prominently display the word 'Peanut' on the label.
The only solution to peanut allergy is restraining a patient from having peanuts/peanuts containing products. Nevertheless, peanut vaccine is capable of curing the ailment from a very young age, without any restriction on food. Therefore, the future of the peanut allergy vaccine market is very promising. According to a research published by Asia Pacific Association of Allergy, Asthma and Clinical Immunology, the prevalence of food allergy (or peanut allergy) in Asia is low as compared to the West. Abundant use of peanuts in local cuisines in Asia Pacific is a major factor attributed to low incidence of peanut allergy in the region. As can be inferred from the report, the peanut allergy vaccine market is expected to grow at a considerable rate in the western part of the globe as compared to the eastern part.
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The chapters covered in the research report are as follows:
Chapter 1, 2: Targets of the Global Peanut Allergy Vaccine Market, encompassing market introduction, product images, market summary, and development scope.
Chapter 3, Chapter 4: Global Market Competition, Sales Volume, and Market Profit by Manufacturer.
Chapters 5, 6, 7: Global Supply (Production), Consumption, Exports, Imports by Regions such as USA, Asia Pacific, China, India, Japan. From 2015 to 2024, we conduct regional market research based on regional sales rate and market share.
Chapters 8, 9, 10: Global Market Analysis by Application, Cost Analysis, Marketing Strategy Analysis, Distributor/Trader
Chapters 11, 12: Market Information and Research Conclusions, Appendix and Data Sources.
The market report also primarily identifies additional useful and useful information about the industry, including the Peanut Allergy Vaccine market development trends analysis, return on investment, and feasibility analysis. Additionally, SWOT analysis is distributed in the report to analyze the growth of key global market players in the Peanut Allergy Vaccine market industry.
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In addition, the research report investigates:
Competitors and manufacturers in the global market
By product type, application and growth factor
Industry status and outlook for major applications / end users / usage areas
Thanks for reading this article. You can also get individual chapter sections, such as North America, Europe, or Asia, or regional versions of the report.
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