Press release
Recombinant Therapeutic Antibodies and Proteins Market continues to expand with Therapeutic Applications
Recombinant therapeutic protein drugs are an important class of medicines, which helps patients in need of novel therapies. Recently approved recombinant protein therapeutics have been developed to treat a wide variety of clinical indications, including cancers, inflammation/autoimmunity, genetic disorders, and exposure to infectious agents. The latest advancements in protein-engineering technologies have allowed drug manufacturers and developers to adjust desirable functional characteristics of proteins of interest maintaining product efficacy. Protein-based therapies are highly successful and experience unparalleled growth potential in terms of their efficacy.Request Here Sample Report:
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Demand for recombinant therapeutic antibodies and proteins is increasing significantly with a constant need to improve the existing expression systems or developing novel approaches to meet the demand for new therapeutics.
Pharmaceutical recombinant protein is increasingly used in treatment of diseases such as cancer, diabetes, anemia, and hepatitis. Medicinal and industrial use of recombinant protein in drug manufacturing is rising along with increasing demand for various protein expression systems and other related high-tech systems. Recombinant therapeutic antibodies and proteins market is expected to exhibit high growth, owing to increasing adoption of protein-engineering technologies and government support for its development.
For instance, in 2012, the Food and Drug Administration Safety and Innovation Act (FDASIA) was signed to provide the FDA with the capability to establish breakthrough therapy designation (BTD), a new program within the Expedited Programs for Serious Conditions. It was designed to be available for drugs used to treat a serious illness that have been shown to exhibit clinical evidence of significant improvement in comparison to existing treatments.
Moreover, existing therapies can be optimized to achieve better drug targeting and enhancing functionality and potency by modifying or introducing new drug activities, leading to customization of existing proteins or development of novel therapeutics for specific clinical applications.
Companies are focusing on engineering strategies and rational design to modify drug activity for generation of novel therapeutics related to specific clinical requirements. For instance, in 2015, alirocumab injection (Praluent, Regeneron/Sanofi), the first cholesterol-lowering treatment in a new class of drugs known as proprotein convertase subtilisin kexin type 9 (PCSK9) inhibitors received FDA approval.
Major Market Competitors: Abbott, Amgen Inc., Biogen Inc., Eli Lilly and Company, F. Hoffmann-La Roche, Johnson and Johnson, Merck & Co., Novo Nordisk, Pfizer Inc., and Sanofi S.A.
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