Press release
Virus-Like Particles (VLP's) Market to grow up to USD 8.9 Billion by 2032 | Dynavax Technologies, Sanofi, Wantai BioPharm, Serum Institute of India Pvt. Ltd.
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Virus-like particles (VLPs) are multiprotein structures that mimic the organization and conformation of authentic native viruses but lack the viral genome, potentially yielding safer and cheaper vaccine candidates.
Major Players in the Global Virus-Like Particles (VLP's) Market
The key players in the Virus-Like Particles (VLP's) Market Merck & Co., Inc., GlaxoSmithKline plc., Pfizer Inc., Dynavax Technologies, Sanofi, Wantai BioPharm, Serum Institute of India Pvt. Ltd., BHARAT BIOTECH, LG Chem, and VBI Vaccines Inc.. among others.
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Market Trends and Drivers
Consistent R&D activities prominently drive the growth of the overall market. VLPs have gained attention from many researchers, particularly virologists and immunologists. VLP-based vaccines are more immunogenic and safer than traditional vaccines as they cannot replicate, recombine, or undergo reassortment due to the lack of infectious DNA or RNA material.
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Global Virus-Like Particles (VLP's) Market Segmentation
By Product Type
Hepatitis
Cancer/HPV
Gaucher Disease
By Source
Yeast
Insect Cell
Plant
Others
By Application
Vaccine
Therapeutics
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