Press release
Lyme Disease Treatment Market Increasing Demand, Growth Analysis and Future Outlook by 2031
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Recent market developments
In January 2023, Upstate Medical University launched a Multidisciplinary Lyme and Tick-Borne Disease Treatment Center, owing to a $898,000 federal grant from the Health Resources and Services Administration. The center centralized Upstate's existing resources for tick-borne disease prevention.
In January 2023, Pfizer launched a Phase III clinical trial for a new Lyme disease vaccine, VLA15, developed by Valneva in collaboration with Pfizer. The vaccine, which protects children and adults, is expected to help combat the increasing need for vaccination against the tick-borne disease.
In February 2023, the US Department of Health and Human Services (HHS) and the Steven & Alexandra Cohen Foundation launched Phase 2 of the LymeX Diagnostics Prize, inviting ten Phase 1 winners to participate in a virtual accelerator. The goal is to nurture the development of diagnostics for Food and Drug Administration review. The virtual accelerator provides a pathway to develop the next generation of Lyme disease diagnostics, addressing the significant lag time in detection and treatment interventions due to the current two-tier serological testing system.
Global Lyme Disease Treatment Market Report Segment
By Administration Route
Oral
Injectable
Topical
By Treatment
Medication
Tick Removal
By Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online
A full report of Lyme Disease Treatment Market available @ https://www.omrglobal.com/industry-reports/lyme-disease-treatment-market
Lyme Disease Treatment Market Report Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
Almirall, S.A.
Cipla Ltd.
Eli Lilly and Co.
Gilead Sciences, Inc.
GlaxoSmithKline plc
Hikma Pharmaceuticals PLC
Lupin Pharmaceutical, Inc.
Mayne Pharma Group Ltd.
Merck & Co., Inc.
Novartis AG
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Company Name: Orion Market Research
About Orion Market Research
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