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UK report questions therapeutic vaccine market
UK report questions therapeutic vaccine market
Date published: 24/01/2006
An
independent report into the pharmaceutical industry has highlighted problems
and possible successes in the therapeutic vaccine market. The Datamonitor
report shows that in recent years the only three therapeutic vaccines to hit
the market have resulted in low sales and failed to gain US approval. However,
it was found that the long-term prospects for such vaccines are
good.
Datamonitor pharmaceutical analyst Joanna Chertkow said: "We also
see parallels between the emerging therapeutic vaccines industry and the
history of the monoclonal antibodies industry. In the case of monoclonal
antibodies, their eventual long-awaited success was driven by technology
evolution. "Now the industry has exceeded $10 billion in annual sales, and is
expected to continue to grow rapidly to over $30 billion by 2010." She added:
"Although the near-term prospects for therapeutic vaccines remain doubtful,
with total sales not expected to surpass $500m in 2010, Datamonitor believes
that technological evolution will ultimately enable therapeutic vaccines to
make similar commercial breakthroughs after their initial disappointments."
"With 12 therapeutic vaccines currently in Phase III or Phase II/III
trials, the industry is reaching a critical point where regulatory success
stories are desperately needed.? The possible market for this kind of vaccine
could be huge as therapeutic vaccines are medications that can induce a new
immune response in the patient to treat a pre-existing condition. This means
they could be used in the treatment of cancer and infectious disease such as
HIV.
Currently 60 per cent of therapeutic vaccines in development are
aimed at targeting cancer. Datamonitor pharmaceutical analyst Joanna Chertkow
said: "HIV and infectious disease projects are also relatively
well-represented. "In the early-stage pipeline greater interest is also
starting to be shown in additional therapeutic areas, including nicotine
addiction, and allergic, CNS and cardiovascular diseases."
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