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Therapeutic Proteins and Oral Vaccines Market Emerging Growth By Top Players Abbott Laboratories, Amgen, Inc., Biogen, Inc, Eily, Lilly, and Company, F. Hoffmann-La Roche, Johnson and Johnson, Merck & Co., Novo Nordisk, Pfizer, Inc

03-19-2021 08:44 AM CET | Health & Medicine

Press release from: Coherent Market Insights

Therapeutic Proteins and Oral Vaccines Market

Therapeutic Proteins and Oral Vaccines Market

Therapeutic proteins can be used to replace a protein that is abnormal or deficient in a particular disease. They can also augment the body’s supply of a beneficial protein to help reduce the impact of disease or chemotherapy. Genetically engineered proteins can closely resemble the natural proteins they replace, or they can be enhanced by adding sugars or other molecules that extend the protein’s duration of therapeutic activity in patients.

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Global therapeutic proteins and oral vaccines market is expected to witness significant growth due to key companies focusing on product approvals. For instance, In October 2108, Sandoz, a Novartis’ division, received the U.S. Food and Drug Administration (FDA) approval for its Hyrimoz (adalimumab-adaz), a biosimilar to AbbVie Inc.’s Humira. However, the company settled with AbbVie Inc. to delay its launch and is expected to launch it in 2023

Moreover, In 2018, Sanofi received the U.S. Food and Drug Administration approval for its Dupixent (dupilumab) as an add-on maintenance therapy for patients with moderate-to-severe asthma aged 12 years and older with an eosinophilic phenotype or with oral corticosteroid-dependent asthma

Moreover, key companies focusing on inorganic strategies such as collaborations to strengthen their position in the market. For instance, in September 2020, Eli Lilly and Company and Amgen announced a global antibody manufacturing collaboration to significantly increase the supply capacity available for Lilly's potential COVID-19 therapies. Through this collaboration, the two companies will have the ability to quickly scale up production and serve more patients with one or more of Lilly's antibody therapies.

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Key Players

Major players operating in global therapeutic proteins and oral vaccines market include Abbott Laboratories, Amgen, Inc., Biogen, Inc, Eily, Lilly, and Company, F. Hoffmann-La Roche, Johnson and Johnson, Merck & Co., Novo Nordisk, Pfizer, Inc., Sanofi S.A., Serum Institute of India Pvt. Ltd., Emergent Biosolutions Inc., TransAlgae, MigVax Ltd, and Lumen Bioscience, Inc

Detailed Segmentation:

By Drug Class :
Therapeutic Proteins
Growth Factors
Fusion Proteins
Monoclonal Antibodies
Hormones
Coagulation Factors
Others
Oral Vaccines
Live Attenuated Vaccine
Inactivated Vaccine
Recombinant Vaccine
Others

By Application :
Oncology
Hematology
Immunology
Endocrinology
Infectious Disease
Cardiovascular Disease
Others

By Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

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About Coherent Market Insights:

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.

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