What is Bio-protein Drug Market Scope?
Bio-Protein drugs are a type of biological product that is used in the prevention, diagnosis, or treatment of cancer and other diseases. There is the use of living organisms for vaccines while other biological drugs produced from proteins are antibodies, therapeutic proteins, engineered proteins, and vaccines. These products are also called biologic agents or biological agents. Recombinant proteins are popularly used to produce pharmaceutical products, protein-based polymers for drug delivery, antibodies and enzymes for disease treatment, protein scaffolds for tissue engineering.
The Bio-protein Drug market study is being classified by Type (Monoclonal Antibodies, Recombinant Protein, Therapeutic Proteins and Vaccines), by Application (Pharma and Biotech Companies, Clinical Research Organizations and Academics) and major geographies with country level break-up.
The biological products are newly emerging in the market as they have the least side effects compared to other chemicals containing drug demand for this product is high. The top leading companies, therefore investing more in their research and development teams for new arrivals and innovations. Also, the companies trying to merge with new ventures and also acquire, who have potential in the market to increase the business and catch the market for a long time.
Abbott Laboratories (United States), Bayer AG (Germany), Eli Lilly and Company (United States), Amgen Inc (United States), Novartis AG (Switzerland), Dr. Reddy's Laboratories (India), Roche (Switzerland), Fresenius Kabi (Germany), GlaxoSmithKline (United Kingdom) and Johnson & Johnson (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Merck (United States), Panacea Biotec (India), ProBioGen AG (Germany), Sanofi (France) and Reliance Life Science Pvt. Ltd (India).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Bio-protein Drug market by Type, Application and Region.
On the basis of geography, the market of Bio-protein Drug has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
On 20 February 2020 Lilly Completes Acquisition of Dermira, Eli Lilly and Company announced the successful completion of its acquisition of Dermira, Inc. The acquisition expands Lilly's immunology pipeline with the addition of lebrikizumab, a novel, investigational, monoclonal antibody designed to bind IL-13 with the high affinity that is being evaluated in a Phase 3 clinical development program for the treatment of moderate-to-severe atopic dermatitis in adolescent and adult patients, ages 12 years and older. The acquisition of Dermira also expands Lilly's portfolio of marketed dermatology medicines.
On 2nd January 2020 Amgen Commences Strategic Collaboration With BeiGene to Expand Oncology Presence in China It will Will Accelerate Strategic Collaboration Amgen's Expansion in China. Amgen announced the successful closing of the transaction to enter into a strategic collaboration with BeiGene that will significantly accelerate Amgen's plans to expand its oncology presence in China, the world's second-largest pharmaceutical market. BeiGene is a commercial-stage research-based oncology company with an established and highly experienced team in China, including an approximately 900-person commercial organization and an approximately 600-person clinical development organization.
Biological products are regulated by the Food and Drug Administration (FDA) and are used to diagnose, prevent, treat, and cure diseases and medical conditions. Biological products are a diverse category of products and are generally large, complex molecules. These products may be produced through biotechnology in a living system, such as a microorganism, plant cell, or animal cell, and are often more difficult to characterize than small molecule drugs. There are many types of biological products approved for use in the United States, including therapeutic proteins (such as filgrastim), monoclonal antibodies (such as adalimumab), and vaccines (such as those for influenza and tetanus).
Influencing Market Trend
- Vaccines Are Most Used To Various Diseases
Market Drivers
- Growing Use Of Immunotherapy Therapy
- Increasing Awareness About The Benefits Of BioProtein Drug
- Demanded As It Is Highly Specific In The Treatment
Opportunities
- Increased Demand In Nano-Particles Drug Delivery
- Growing Studies And Clinical Trials Ongoing For Various Vaccines
Restraints
- Problems Like Their Sensitivity To The Physiological Environment, Instability Issues, And Short Half-Life Are Seen
- A Fully Trained Professional With Strong Technical Knowledge Is Required For Production
Challenges
- Long Research And Development Procedure Required To Introduces Any New Vaccines, Or Any Other Bio-Protein Drug
Key Target Audience
Manufacturers, Hospital and diagnostic centers, Distributors/Suppliers/Wholesalers, Government sector, Research firms, Clinical Trial Centres and Downstream Vendors
Customization available in this Study:
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