What is Antibody Development ServicesMarket?
Rising global prevalence of infectious and chronic diseases, and rapid advancements in protein therapeutics are some of the key factors driving market growth. Antibodies are biological products that are commonly used in academic and pharmaceutical research. Antibody production is the most visible manifestation of adaptive immune responses, and antibodies are primarily produced to neutralise or eliminate antigens or pathogens. Antibody production has become an essential component of many modern research disciplines, and polyclonal antibody production is an important research activity to broaden its application scope for a variety of disease indications.
Antibody Development Services Market Report Coverage
Report Coverage | Details |
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Study Timeframe | 2017 to 2027 |
Base Year | 2021 |
Growth Drivers | - Rising global prevalence of infectious and chronic diseases
- Highly reproducing capacity and scalability drives the market growth
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Challenges & Pitfalls | - Lack of skilled labor restrict the market growth
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Opportunities
Increased demand for personalized medicine and therapeutic conditions creates lucrative market growth opportunities. and Rapid advancement in protein therapeutic creates tremendous opportunities for the market
Restraints
- High capital cost associated with the production
- Time-consuming projects in the antibody development services market limit growth.
The Players Covered in the Study are:
Abcam plc (United Kingdom), Merck KGaA (Germany), Cell Signaling Technology, Inc. (United States), GE Healthcare (United States), Thermo Fisher Scientific Inc. (United States), F. Hoffmann-La Roche AG (Germany), Santa Cruz Biotechnology, Inc. (United States), Becton Dickinson and Company (United States), Rockland Immunochemicals Inc. (United States), Johnson and Johnson (United States), Miltenyi Biotec (Germany), Antibody Solutions (United States), Antibodies Inc. (United States), BioCompare (United States) and Genscript (United States)
Regulatory Framework:
The FDA's regulation on human prescription drugs with fixed-combination sequences (21 CFR 300.50) does not apply to the development of bispecific antibodies, which are single molecules. Although it is not usually requested, the FDA may, in some cases, request a comparison of the bispecific antibody to an approved monospecific product(s) directed against the same antigenic target(s) to inform the benefit-risk assessment of the bispecific antibody.
Available Customization:
A list of players that can be included in the study on an immediate basis are Sinobiological (China), Rndsystems (United States), Bhatbiotech (India) and Abgenex (India).
Market Development Activities
In April 2022, Asahi Kasei acquired CDMO Bionova, expanding its antibody manufacturing capabilities. With the acquisition of Bionova Scientific, a Bay Area biologics manufacturer, Asahi Kasei Medical is expanding into the CDMO business. and In September 2021, PerkinElmer has completed its acquisition of Antibody and Reagent Leader BioLegend. The largest acquisition in PerkinElmer's history broadens the Company's life science franchise into high-growth areas such as cytometry, proteogenomics, multiplex assays, recombinant proteins, magnetic cell separation, and bioprocessing.
In March 2022, Sanofi announced an exclusive collaboration agreement with Seagen Inc. to design, develop, and commercialise antibody-drug conjugates (ADCs) for up to three cancer targets. Sanofi's proprietary monoclonal antibody (mAb) technology and Seagen's proprietary ADC technology will be used in the collaboration. Sanofi currently has one ADC in development. ADCs are antibodies that are engineered to deliver potent anti-cancer drugs to tumour cells that express a specific protein. and In January 2022, Boehringer Ingelheim has announced a partnership with MabGenesis to discover and develop novel canine monoclonal antibodies. Using the MabGenesis platform technologies, this collaboration aims to discover novel therapeutic antibodies in dogs. In Boehringer Ingelheim's R&D strategy, strengthening partnerships to accelerate innovation is critical.